10.11.2026 10:00:14 CET | Magnora ASA | Additional regulated information required to be disclosed under the laws of a member state
An Extraordinary General Meeting (EGM) of Magnora ASA was held on 10 November 2026. All proposals in the notice of the EGM were adopted.
Stephen C. Harris was elected as a new member of the Board of Directors. Mr. Harris is a US investor with more than 20 years of investment and capital markets experience across private equity, venture capital, credit and public markets. He is Managing Director at Anthos Capital, which has approximately USD 3 billion under management. He holds a B.S. in Economics (summa cum laude) from the Wharton School of the University of Pennsylvania. Mr. Harris is a significant shareholder in Magnora ASA, holding 1,371,452 shares.
Lars Schedin will serve as Board observer and industrial advisor to Magnora ASA, in addition to his role as Board member of the subsidiary Magnora Data Center ASA. Mr. Schedin is CEO of Granode Materials and was previously CEO and co-founder of EcoDataCenter, a leading Nordic developer and operator of large-scale data centers. He has broad experience from leadership, operational and financial roles in industrial and finance companies, as well as extensive board and investment experience.
“I am happy to welcome Steve Harris as a Board member and to continue to benefit from Lars Schedin’s advice and industrial insight in his observer and advisory role. Steve strengthens our capital markets, investor and investment competence, while Lars has extensive industry experience and a strong leadership background. Both have impressive business track records. I look forward to working with the team we now have,” says John Hamilton, Chair of the Board.
Following the EGM, the Board of Directors has the following composition, with strong competence and networks to support Magnora’s further development and growth in both the data center and renewables segments:- John Hamilton (Chair), former CEO of Panoro Energy – Jean-François Berche, CTO at GreenScale, previously DTCP, Microsoft, and Amazon Web Services- Hilde Ådland, Vice President of Facilities Excellence at Vår Energi – Hilde Hukkelberg, Managing Director at Innovation Norway in London- Stephen C. Harris, Managing Director at Anthos Capital
The EGM also approved that the company may use electronic communication when sending notices, information, documents and similar to shareholders, unless the shareholder has opted out. This enables more efficient distribution of, among other things, notices of General Meetings.
The minutes of the EGM are attached and available at www.magnoraasa.com.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
Investor Relations, ir@magnoraasa.com
About Magnora ASA
Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery projects, as well as a data center operator. Magnora has operations in Europe and Africa through the portfolio companies Magnora Data Center ASA, Helios Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out revenues related to the former portfolio companies Helios Nordic Energy and Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the ticker MGN.
Attachments
Download announcement as PDF.pdf
Minutes of EGM in Magnora ASA 10 Nov 2026.pdf
