Nano Dimension urges shareholders to disregard ‘invalid’ Murchinson meeting

Nano Dimension issued the following statement in response to a report issued by Institutional Shareholder Services in connection with the invalid shareholder meeting called by Murchinson: "Nano Dimension vehemently disagrees with ISS’s recommendation. There is no valid meeting on March 20th, 2023 and Nano Dimension has not solicited any proxy cards. Therefore, we did not meet with ISS. Murchinson is attempting to convene an illegal meeting, thus disenfranchising retail shareholders that may not have had appropriate time to be notified and cast their votes. The ISS recommendation should be ignored, as it concerns an invalid shareholder meeting. We look forward to meeting with them to share our perspective, track record, and value creation strategy if and when a valid and duly called meeting will be held. The fact remains that Murchinson opted to flagrantly disregard protocols designed to protect the interests of all shareholders in favor of its one-sided and misleading campaign, failing to meet even the most basic requirements under applicable law. Murchinson has instead sought to launch an illegal shareholder meeting and associated campaign of personal attacks against the leadership of the company. As such, we filed a lawsuit in the Israeli court seeking a declaratory judgement that the Murchinson meeting is illegal. We are confident in the merits of the lawsuit and await the court’s ruling. Nano Dimension’s board of directors and management team will continue to act in the best interests of the company and all of its shareholders as we execute against our strategic plan, continuing to generate exceptional revenue growth and investing in the company to drive meaningful shareholder value. Since the arrival of the current management team in January of 2020, including the appointment of our Chief Executive Officer Yoav Stern, Nano Dimension’s stock has increased by more than 15% and has materially outperformed peers under challenging market conditions. Nano Dimension has an independent and highly qualified Board that provides a robust oversight of the Company’s proven management team and strategy. Our Board and governance structure protect shareholder interests, and the Board regularly evaluates its composition to ensure it has the right skills, expertise, and diversity of independent perspectives to guide Nano Dimension’s strategic plan and create long-term shareholder value. Our Board currently consists of 9 highly qualified individuals – of which 7 are independent – with diverse skills and expertise across the 3D printing and digital-cloud-manufacturing industry, capital markets, corporate finance, and strategic business development in both the United States and Israel."