Sandnes, Norway, 15 January 2024
Desert Control AS ("Desert Control" or the "Company") regrets to inform that
board member Kristian P. Olesen has passed away at age 75.
Olesen Consult Hvac AS is the company's largest shareholder, and Kristian, as
inventor and co-founder, played a key role in establishing Desert Control. Our
thoughts are now with the family, says Chief Executive Officer Ole Kristian
Sivertsen.
The remaining board members will continue their term as elected until the annual
general meeting in 2024, at which time the board composition will be dealt with
in line with previous practice.
For more information, please contact:
Ole Kristian Sivertsen, Chief Executive Officer
Email: oks@desertcontrol.com
Tel: +47 957 77 777
About Desert Control AS
Desert Control specializes in climate-smart AgTech solutions to combat
desertification, soil degradation, and water scarcity. Its patented Liquid
Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage
and improve the efficiency of fertilizers and natural resources for agriculture,
forests, and green landscapes. LNC enables sandy and arid soil to retain water
and nutrients, thus increasing crop yields, plant health, and ecosystem
resilience while preserving water and natural resources by up to 50%.
For more about Desert Control, visit https://www.desertcontrol.com
Important Notice:
This information is subject to the disclosure pursuant to the continuing
obligations for companies admitted to trading on Euronext Growth Oslo and the
requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.