Zurich, September 13, 2017 – At the Extraordinary General Meeting of Shareholders held on September 12, 2017, the shareholders of Balluun AG elected Walter Knabenhans and Roland Kümin as members of the Board of Directors of Balluun AG for a term of office until the end of the next Annual General Meeting. The renowned financial specialist Walter Knabenhans is also Chairman of the Board of Directors of Avalor Investment AG, Zurich, and a member of the Board of Directors of Parsumo Capital AG, Zurich and finnova AG Bankware, Lenzburg. Roland Kümin is CEO of Balluun AG.
The Board of Directors of Balluun AG consists of no less than three and no more than nine members, each of whom is elected until the conclusion of the next Annual General Meeting. He currently con- sists of Ariel Lüdi, President, Prof. Dr. Stefan Hencke, Vice President, Michael Alic, Lynda Davey, Walter Knabenhans and Roland Kümin.
The Board of Directors would like to thank Dr. Mark Nötzold, who has made his position on the Board of Directors available in favor of a strategic strengthening of the Board, and wishes him all the best.
Balluun is changing the international B2B market with its industry-specific social networking platforms, on which wholesalers and retailers, exporters and importers as well as suppliers and buyers can ex- change business information and offers while networking and contacting each other directly. Balluun thus promotes and ensures efficient and effective B2B trading around the globe at all times. With more than 40,000 members on five different marketplaces, the Balluun365 platform with its established SaaS technology provides an open and scalable Cloud-to-Mobile architecture. The Balluun subscrip- tion model is designed for strategic partnerships and supports cost-effective marketing with efficient, well-frequented, industry-specific marketplaces.