On September 3, 2020, Accendo Capital and Hyundai Motor Company announced that they have nominated Per Wassén as a member of Impact Coatings AB (publ)’s Board of Directors. The Company stated that the Board of Directors will convene an extraordinary general meeting of shareholders to resolve on the election of Per Wassén to the Company’s Board of Directors, based on the nomination the shareholders Accendo Capital and Hyundai Motor Company have submitted.