The Directors are as follows:

David Lis
Interim Executive Chairman

Paul Joseph Hodges
Non-Executive Director

Andreas Berg Nielsen
Non-Executive Director

Søren Karles Belmar
COO / CFO

Gavin Manson
Non-Executive Director

David Lis is an experienced non-executive within investment and fund management. David joined Norwich Union Investment Management in 1997 (later merging to form Aviva Investors), before becoming Head of Equities in 2012 and latterly Chief Investment Officer, Equities and Multi Assets, until his retirement in March 2016.
David is currently the Chairman of Dowgate Capital and a non executive director of Dowgate Group. His previous non executive roles include being the Senior Independent Director of both Melrose Industries plc and Electra Private Equity plc as well as being a non executive director of BCA Marketplace plc.

Paul Hodges has had a career in the City of London, spanning 40 years, as an investment analyst, stockbroker and corporate financier. During this period, Paul has held prominent roles at S G Warburg, James Capel, Schroder Securities, Collins Stewart and Cenkos plc.
Paul was a founding partner of Cenkos, a main board director and a central figure in the firm’s landmark deals. He now acts as an independent consultant.
Paul has a B.Sc( Economics) degree in Econometrics from the London School of Economics and a M.Sc degree in Management Science from Imperial College, London. Paul Hodges was appointed on 16 March 2021.

Andreas brings close to two decades of global leadership experience in the wind energy sector, with a proven track record in business development, strategic expansion, and commercial excellence across both European and North American markets.
Currently Vice President at KK Wind Solutions, Andreas played a key role in the company’s North American expansion and the integration of key business units. He has also held senior roles at Siemens Gamesa Renewable Energy, where he successfully led cross-functional teams, drove revenue growth, and built strong client relationships. Andreas brings extensive expertise across the wind energy value chain and is actively involved in networks across the renewable energy sector.

Søren Karles Belmar is an experienced finance professional with a background in international production and trading companies, managing multiple teams, change processes, governance and value creation. He started his career as an auditor with PwC in Copenhagen before shifting focus to private companies.
His previous roles include Group CFO for an international leisure boat manufacturer and 7 years with MARS Inc. Nordics in various Financial Leadership roles. Søren joined Windar Photonics in June 2025 as CFO designate and was appointed to the Board of Directors effective October 20th 2025.

Gavin Manson is an experienced Non-Executive director and CFO. He is currently CFO of agriculture and engineering group Carr’s Group plc and is a Non-Executive Director of healthcare group Meallmore Ltd.
He was previously Chairman of Hostmore plc and between 2016 and 2022 was Chief Financial and Operating Officer of Electra Private Equity PLC, having previously held senior finance positions in a number of listed companies including Thomas Cook Group plc, Premier Farnell plc and Merck KGaA.
Windar Photonics A/S - Baldersbækvej 24C, 2635 Ishøj - Denmark