Minesto Board Member Git Sturesjö Adolfsson Resigns at Her Own Request

Git Sturesjö Adolfsson Resigns from Minesto's Board

On October 30, 2025, Minesto AB, a pioneering company in ocean energy technology, made an important announcement regarding its Board of Directors. Git Sturesjö Adolfsson, a long-serving member, has officially resigned from her position at her own request. This development comes as the company positions itself for future growth and innovation in the renewable energy sector.

Git's resignation signals noteworthy changes in the company's governance. Effective immediately, Deputy Board Member Andreas Gunnarsson will take her place on the Board of Directors. This transition highlights Minesto's commitment to maintaining a balanced and effective leadership structure. Despite stepping back from the Board, Git will continue to serve on Minesto’s Nomination Committee, representing one of the two largest shareholders by voting rights as of September 30, 2025.

Minesto’s management expressed their gratitude for Git’s significant contributions and dedication during her tenure on the Board. Over the years, her insights and expertise have played a crucial role in guiding the company through various phases of development, particularly as it explores the deployment of innovative underwater turbine technology that harnesses tidal and ocean currents.

Git's decision to resign may come as a surprise to some, given her pivotal role within the organization. However, it's crucial to understand that changes in leadership are common in dynamic sectors like renewable energy, where adapting to new challenges often necessitates fresh perspectives and approaches.

With Git's departure, focus now shifts to how the remaining members of the Board, under the new leadership of Andreas Gunnarsson, will continue to drive Minesto's vision forward. The company has ambitious plans to expand its technological capabilities and market presence, particularly in the context of the increasingly urgent global energy transition toward sustainable solutions.

Minesto is well-regarded for its innovative approaches, including its unique Deep Green technology, designed to harness energy from water currents in a cost-efficient and environmentally friendly manner. As the world grapples with climate change and the need for reliable renewable energy sources, Minesto aims to be at the forefront of this transformation, and the Board's clarity and direction will be vital.

As Minesto charts its next steps following this change in leadership, stakeholders and industry observers will be keen to see how the company navigates its future challenges and opportunities. Git's legacy of leadership will likely continue to influence the company's strategic direction as it seeks to make a meaningful impact in the renewable energy landscape.

For more information or inquiries, contact
Cecilia Sernhage, Chief Communications Officer
Phone: +46 (0)735 23 71 58
Email: [email protected]

This announcement reflects Minesto’s commitment to transparency and adherence to EU Regulation No 596/2014 regarding market abuse, ensuring that shareholders and the public are informed of significant changes within the company.