Neonode (NEON) Appoints Peter Kruk to its Board

Neonode Inc. (NASDAQ: NEON), today announced that Peter Kruk has joined the company's Board of Directors (the "Board") as a Class II director.

Peter Kruk currently serves as the Chief Executive Officer and as a board member of NCAB Group AB, a Nasdaq Stockholm-listed company and a leading global producer of printed circuit boards. Mr. Kruk brings extensive experience as a leader in global industrial companies. From 2018 to 2020, Mr. Kruk served as the President of the EMEA region in the Dometic Group and was a member of Dometic Group's management team. From 2009 to 2018, he served as President of Electronics and a member of the executive management team of Stoneridge Inc., a United States-listed company and a leading supplier of advanced electronics to the global automotive industry.

"I am very excited about joining Neonode's Board of Directors. The company has a great history of innovation and developing pioneering technology and I look forward to supporting the team and contributing to the future development of the company," said Peter Kruk.

"We are pleased that Peter will join the Board of Directors and contribute both with his general management experience and also his deep knowledge of the automotive industry," said Ulf Rosberg, Chairman of the Board.

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