On October 7, 2024, Neonode Inc. elected Peter Kruk to its Board of Directors as a Class II director, expanding the board from four to five members. Kruk, currently CEO and board member of NCAB Group AB, brings extensive experience in global industrial companies, including leadership roles at Dometic Group and Stoneridge Inc.Kruk will serve until the next annual stockholders' meeting in 2025, receiving $25,000 annually for his board service. His appointment, effective immediately, aims to contribute to Neonode's future development, particularly with his automotive industry expertise.Neonode, a Stockholm-based company specializing in advanced optical sensing solutions, has its technology deployed in over 90 million products and holds more than 100 patents worldwide. The company's customer base includes Fortune 500 companies in various sectors such as consumer electronics, office equipment, and automotive.

On October 7, 2024, Neonode Inc. elected Peter Kruk to its Board of Directors as a Class II director, expanding the board from four to five members. Kruk, currently CEO and board member of NCAB Group AB, brings extensive experience in global industrial companies, including leadership roles at Dometic Group and Stoneridge Inc.Kruk will serve until the next annual stockholders' meeting in 2025, receiving $25,000 annually for his board service. His appointment, effective immediately, aims to contribute to Neonode's future development, particularly with his automotive industry expertise.Neonode, a Stockholm-based company specializing in advanced optical sensing solutions, has its technology deployed in over 90 million products and holds more than 100 patents worldwide. The company's customer base includes Fortune 500 companies in various sectors such as consumer electronics, office equipment, and automotive.