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BoMill announces a change in the Board of Directors

22 October 2021, 08:30 CET

BoMill AB (“BoMill” or the “Company”) hereby announces that the company’s largest shareholder Capagro SAS (“Capagro”) onwards will be represented in the Board of Directors through Pierre Kiener as co-opted member and Tom Espiard-Cignaco as observer, until the next Annual General Meeting taking place in 2022, before June 30[th]. The current representative from Capagro in BoMill’s Board of Directors, Julie Peyrache, will leave Capagro for assignments outside of the group on October 22[nd], and will hence therefore also leave BoMill’s Board of Directors. The resignation of Julie Peyrache from the Board of Directors will be handled by the Swedish Companies Registration Office in the following weeks.

Until the next Annual General Meeting the Board of Directors will consist of Lars Persson, Bo Löfqvist, Magnus René, Henrik Hedlund, Thomas Carlström and Artur Hedlund remains as Deputy Board member.

“The appointment of Pierre Kiener as Capagro's new representative on BoMill’s board confirms Capagro’s continued support. As a Board Director and representative of Capagro, Pierre will continue to leverage Capagro's resources and network to contribute to BoMills’ strategic thinking and commercial development.” says Tom Espiard-Cignaco, President and Managing Director of Capagro.

Pierre Kiener is currently the observer of BoMill’s Board of Directors and therefore knows the company well. He is Investment Manager at Capagro and holds a Master of Science in Engineering from AgroParisTech. Prior to joining Capagro in 2016, he worked in social entrepreneurship in India and in financial auditing at Mazars.

Tom Espiard-Cignaco is the President and Managing Director of Capagro. He holds an MBA from McGill university and a B.A.A. from HEC Montreal. Tom Espiard-Cignaco is an experienced investor and portfolio manager, having deployed more than C$750M in growth equity companies and overseen private capital portfolios totaling more than US$10bn in Canada and in France. Tom Espiard-Cignaco also spent 10 years as an investment banker in Canada raising more than C$800M of equity financings and executing C$7.6bn worth of M&A primarily for ICT companies.

“It is a pleasure to continue the collaboration with Pierre and have him represented in the Board of Directors as co-opted member. We are also pleased to welcome Tom Espiard-Cignaco as an observer and benefit from his long experience, says Andreas Jeppsson, CEO of BoMill.”


This press release contains inside information that BoMill AB is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on 22 October 2021 at 08.30am CEST.

For more information about BoMill, please contact:

Andreas Jeppsson, CEO

Phone: +46 727 001 182

E-mail: andreas.jeppsson@bomill.com

Certified Adviser: Svensk Kapitalmarknadsgranskning AB

Phone: +46 11 32 30 732

E-mail: ca@skmg.se

BoMill has developed and is marketing a patented technology for sorting grain on a commercial scale, based on the internal qualities of each kernel. The method is the only one of its kind on the market today and is estimated to have the potential to become a Golden Standard within the industry. The Company operates in several markets and has sold sorting equipment to a number of reputable companies in the grain industry.

For more information about BoMill, please visit www.bomill.com.

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