CDT Equity Inc. 8-K

What Happened
CDT Equity Inc. announced on April 27, 2026 that the Board appointed Ulrik Olsen as a director and as a member of the Audit, Compensation, and Nominating & Corporate Governance Committees. Mr. Olsen, age 50 and based in New Zealand, was determined by the Board to be independent and will serve until the Company’s 2026 annual meeting or until his successor is elected. On the same date, Freda Lewis-Hall resigned from the Board and from her roles as Board chair, chair of the Nominating & Corporate Governance Committee, and member of the Audit and Compensation Committees for family health reasons; her resignation was not due to any disagreement with the Company. Chele Chiavacci Farley was named Board chair and chair of the Nominating & Corporate Governance Committee, and Simon Fry was appointed chair of the Audit Committee.

Key Details

• Appointment and resignation effective April 27, 2026.
• Ulrik Olsen joins as director and member of Audit, Compensation, and Nominating & Corporate Governance Committees; will receive non‑employee director compensation.
• Board found Mr. Olsen independent under Nasdaq and Exchange Act standards; he is based where Sarborg Limited operates (the Company holds a 20% stake in Sarborg) and owns ~7.84% of Sarborg.
• Chele Chiavacci Farley becomes Board chair and Nominating & Corporate Governance Committee chair; Simon Fry becomes Audit Committee chair.

Why It Matters
Board and committee leadership changes affect corporate governance and oversight. Investors should note the immediate replacement of the Board chair and committee reassignments, the Board’s independence determination for the new director, and the disclosed connection between Mr. Olsen and Sarborg Limited (Company holds a 20% stake; Mr. Olsen owns ~7.84% of Sarborg). The filing states there were no disagreements with management and no related-party transactions requiring additional disclosure beyond the Sarborg ownership note.