Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Jan 09
Innovative Energy Group Limited, Annual General Meeting, Jan 14, 2026 Innovative Energy Group Limited, Annual General Meeting, Jan 14, 2026. 공시 • Apr 10
Innovative Energy Group Limited Announces Chief Executive Officer Changes Innovative Energy Group Limited announced the appointment of Dr. Conrad Miller as Chief Executive Officer, effective April 14, 2025. Dr. Miller brings over two decades of experience in the energy sector, with a proven track record of leadership, innovation, and financial acumen. He holds a Doctorate in Business Administration focusing on Strategy and Innovation, a master's degree in engineering management, and an undergraduate degree in Mechanical Engineering. He is a registered Professional Engineer with the Professional Engineering Registration Board. Previously, Dr. Miller served as Director of Engineering Services, among other leadership roles at Jamaica Energy Partners, JB Ethanol and WINDALCO. His visionary approach and commitment to sustainability align perfectly with Innovative Energy Group's mission to be a leader in the Renewable Energy sector in Jamaica and the region. In his new role, Dr. Miller will be responsible for steering the company's strategic direction, fostering innovation, and driving operational excellence. The board and employees of Innovative Energy Group are excited to welcome Dr. Miller and look forward to working alongside him to achieve the company's goals. This leadership transition aligns with IEG's robust corporate governance and strategic succession planning. Outgoing CEO Mr. Nigel Davy will continue as Executive Chairman and focus on driving Business Development. This leadership transition aligns with IEG's robust corporate governance and strategic succession planning. Outgoing CEO Mr. Nigel Davy will continue as Executive Chairman and focus on driving Business Development. 공시 • Apr 09
Innovative Energy Group Limited Appoints Conrad Miller as President, Effective April 14, 2025 Innovative Energy Group Limited announced the appointment of Dr. Conrad Miller as President, effective April 14, 2025. Dr. Miller brings over two decades of experience in the energy sector, with a proven track record of leadership, innovation, and financial acumen. He holds a Doctorate in Business Administration focusing on Strategy and Innovation, a master's degree in engineering management, and an undergraduate degree in Mechanical Engineering. He is a registered Professional Engineer with the Professional Engineering Registration Board. Previously, Dr. Miller served as Director of Engineering Services, among other leadership roles at Jamaica Energy Partners, JB Ethanol and WINDALCO. His visionary approach and commitment to sustainability align perfectly with Innovative Energy Group's mission to be a leader in the Renewable Energy sector in Jamaica and the region. In his new role, Dr. Miller will be responsible for steering the company's strategic direction, fostering innovation, and driving operational excellence. The board and employees of Innovative Energy Group are excited to welcome Dr. Miller and look forward to working alongside him to achieve the company's goals. This leadership transition aligns with IEG's robust corporate governance and strategic succession planning. Outgoing CEO Mr. Nigel Davy will continue as Executive
Chairman and focus on driving Business Development. New Risk • Oct 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-JA$23m). Earnings have declined by 9.0% per year over the past 5 years. Revenue is less than US$1m (JA$73.0 revenue, or US$0). Market cap is less than US$10m (JA$627.9m market cap, or US$3.96m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Sep 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Jamaican stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-JA$22m). Earnings have declined by 2.8% per year over the past 5 years. Revenue is less than US$1m (JA$73.0 revenue, or US$0). Market cap is less than US$10m (JA$600.6m market cap, or US$3.80m). 
