#Denmark #Financial Technology #Ballerup #LiqTech International #David Kowalczyk

LiqTech International Welcomes David Kowalczyk as CFO and COO

LiqTech International, Inc. (NASDAQ: LIQT), recognized for its pioneering work in clean technology through advanced filtration products and systems, has announced the significant appointment of David Kowalczyk as its new Chief Financial Officer and Chief Operating Officer. This strategic decision is set to take effect on March 1, 2025, marking a pivotal moment in the company’s mission to enhance its operational and financial capabilities.

A Wealth of Experience in Leadership

David Kowalczyk is no stranger to high-level management, bringing over two decades of robust experience within the global industrial sector. His diverse background encompasses vital roles in finance, strategy, equity analysis, audit, and operational management across a variety of esteemed organizations. Kowalczyk’s impressive portfolio includes past positions such as:

• - Vice President of Business Finance and Systems at Hempel A/S
• - Chief Financial Officer at Globus Wine
• - Vice President and Group Management Member at Flügger
• - Business Finance Director for Business Operations at Novozymes
• - Auditor and Consultant at PricewaterhouseCoopers
• - Equity Analyst at Nordea Securities

These roles underline Kowalczyk’s strategic acumen and deep understanding of financial intricacies, which are essential as LiqTech continues its trajectory toward significant growth in the intelligent filtration technology market.

Vision for Growth

Fei Chen, President and CEO of LiqTech, expressed enthusiasm about Kowalczyk's entry into the company, stating that his extensive knowledge in financial planning and operational finance will greatly benefit the organization. "I look forward to collaborating with him to further position LiqTech for sustained profitable growth," Chen added. Kowalczyk himself shared his excitement about joining LiqTech at such a crucial juncture, and he is eager to contribute to the overarching vision of corporate growth and profitability.

A Focus on Innovation and Collaboration

Kowalczyk emphasizes his intent to leverage his past experiences while embarking on this new professional adventure, highlighting the importance of teamwork within LiqTech. Collaboration with the talented workforce, customers, and suppliers will be central to achieving mutual objectives, he affirmed. This alignment will not only enhance operational efficiencies but also ensure that LiqTech remains at the forefront of innovation in the filtration technology space.

Transition in Leadership

Phillip Massie Price, the current Interim CFO who has been with LiqTech since March 2024, will step down from his role once Kowalczyk officially joins the team. Price will continue to support the company until April 30, 2025, ensuring a seamless transition of responsibilities. The leadership at LiqTech has expressed sincere gratitude to Price for his significant contributions during his tenure, which underscores the company’s commitment to effective and stable changeovers in leadership.

About LiqTech International, Inc.

LiqTech International, based in Nevada, is a cutting-edge filtration technology firm that specializes in providing state-of-the-art ceramic silicon carbide filtration solutions aimed at gas and liquid purification. The company's innovative silicon carbide membranes are designed for demanding applications, showcasing LiqTech’s commitment to addressing significant environmental challenges. With a focus on nanotechnology and integrated systems design, LiqTech is dedicated to developing modular filtration solutions for even the most challenging water purification situations.

For further insights into LiqTech International's offerings and developments, interested parties can visit their official website at www.liqtech.com as well as follow their updates on LinkedIn and Twitter.

Future Outlook

As LiqTech International positions itself for future growth and innovation in the clean technology sector, the addition of experienced leaders like David Kowalczyk can set a strong precedent for the company’s operational success. This strategic move is anticipated to propel LiqTech to new heights, bringing its pioneering filtration solutions to an even broader market.