Gates Industrial Corporation plc announced that on December 23, 2024, Mr. Seth A. Meisel informed the company of his decision to resign from the Board of Directors, effective December 31, 2024. The company clarified that Mr. Meisel’s resignation was not due to any disagreements regarding the company’s operations, policies, or practices.

The resignation was formally disclosed in compliance with regulatory requirements, and the filing was signed by Cristin C. Bracken, Gates Industrial’s Chief Legal Officer. The company did not indicate any immediate plans for Mr. Meisel's replacement on the board.