Jonas Martensson
About Jonas Martensson
Independent director of High Roller Technologies, Inc. (ROLR), age 48, serving since June 2023. Background spans CEO of Mojang AB, founder of Mobilbet.com (sold in 2016), and Head of Mobile at Betsson Technologies AB; noted board-level experience across verticals relevant to XLMedia and capital markets exposure in the Nordics. Determined independent under SEC and NYSE American rules. Attendance was at least 75% of board and committee meetings in 2024.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Mobilbet.com | Founder; sold to buyer in 2016 | Founded prior to 2016; sold 2016 | Built and exited online betting operator; entrepreneurial operating track record |
| Betsson Technologies AB | Head of Mobile | Prior to 2016 | Led strategy and execution for mobile across 28 group brands |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Mojang AB (Microsoft) | Chief Executive Officer | Current | Publisher of Minecraft; ongoing product updates across platforms |
| XLMedia (reference in bio) | Board-level experience across verticals (bio statement) | Not specified | Described as “substantial board level experience … for XLMedia”; specific roles not enumerated |
Board Governance
- Committee memberships: Audit Committee member; Compensation Committee member; Nominating & Governance Committee member and Chair.
- Independence: Classified as independent under SEC and NYSE American standards.
- Attendance and engagement: Board held 3 meetings in 2024; each director attended ≥75% of board/committee meetings; regular executive sessions at each board meeting.
- Years of service on ROLR board: Since June 2023.
Fixed Compensation
| Component | Amount | Period/Terms | Notes |
|---|---|---|---|
| Annual cash retainer (non-officer directors) | $36,000 | Effective July 1, 2024 | Paid for board service; Chairman receives additional $35,000 (not applicable to Martensson) |
| Audit Committee Chair fee | $15,000 | Annual | Not applicable; he is a member, not chair |
| Audit Committee Member fee | $8,000 | Annual; payable quarterly in arrears | Applicable |
| Compensation Committee Chair fee | $10,000 | Annual | Not applicable; he is a member |
| Compensation Committee Member fee | $5,000 | Annual; payable quarterly in arrears | Applicable |
| Nominating & Governance Chair fee | $7,000 | Annual; payable quarterly in arrears | Applicable (he is Chair) |
| Nominating & Governance Member fee | $4,000 | Annual | Not applicable given chair role |
| FY2024 Fees Earned (Jonas Martensson) | $39,000 | Fiscal year ended Dec 31, 2024 | Reported total cash fees for 2024 |
Performance Compensation
| Award Type | Grant/Units | Strike/Terms | Vesting | FY2024 Grant-Date Fair Value | Notes |
|---|---|---|---|---|---|
| Non-Employee Director Stock Options | 15,000 shares | $5.20 per share; 10-year term | Vesting on Oct 31, 2025 | $87,000 | Company-provided options for each non-officer director |
| Stock Awards | — | — | — | $0 | No stock awards disclosed for Martensson in 2024 |
| Performance metrics tied to director pay | — | — | — | — | No performance metrics disclosed for director compensation |
Other Directorships & Interlocks
| Company | Role | Committee Roles | Interlock/Conflict Notes |
|---|---|---|---|
| None disclosed (public company boards) | — | — | No public company directorships disclosed for Martensson in proxy |
Note: Bio references “board level experience” and capital markets exposure; however, specific other boards are not enumerated.
Expertise & Qualifications
- Entrepreneurial and operating expertise in online betting and mobile gaming (Mobilbet founder; Betsson Head of Mobile).
- Current CEO leadership at Mojang AB (Microsoft subsidiary), with deep product and platform experience.
- Board-level and capital markets exposure across Nordic region contexts referenced in bio.
Equity Ownership
| Holder | Shares Owned | % Outstanding | Derivative/Right Included | Detail/Terms |
|---|---|---|---|---|
| Jonas Martensson | 10,000 | <1% | Includes option to purchase 10,000 shares | As of record date Sept 18, 2025; footnote indicates 10,000-option inclusion in beneficial ownership |
| Non-Employee Director Option Grant (program) | 15,000 options | — | Program-wide grant | $5.20 strike; 10-year term; vest Oct 31, 2025 (noted for all non-officer directors) |
- Shares pledged as collateral: None disclosed for Martensson.
- Vested vs unvested breakdown: Not specifically disclosed for Martensson; beneficial ownership includes rights exercisable within 60 days of Sept 18, 2025.
Governance Assessment
- Strengths: Independent director; chairs Nominating & Governance Committee (key for director selection and governance standards); also serves on Audit and Compensation Committees—indicating trust across oversight functions. Corporate policies include insider trading controls and MNPI-aware award timing; related-person transaction review formalized (Audit Committee). Attendance ≥75% supports engagement.
- Alignment: Director cash compensation modest; equity options provide ownership alignment. Beneficial ownership shows personal share ownership plus option rights; no pledging disclosed.
- Conflicts: No related-party transactions or interests disclosed for Martensson. Company has multiple related-party transactions with entities linked to other directors/shareholders (Spike Up Media, Ellmount Interactive AB, Happy Hour), but Martensson is not named in those items; Audit Committee (of which he is a member) oversees related-party reviews under policy adopted March 12, 2025.
- Watch items: Disclosure shows 10,000 options counted in beneficial ownership while a separate program provides 15,000 options vesting Oct 31, 2025 for non-officer directors; differences may reflect timing or award structure—monitor future filings for reconciled counts and vesting status.
Compensation Committee Analysis
- Committee composition: All members (including Martensson) are independent; no interlocks or insider participation reported. Use of independent compensation consultants not disclosed.
Related Party Transactions (context for conflicts and investor confidence)
- Significant related-party relationships exist between ROLR and entities owned or controlled by other directors/shareholders (Spike Up Media/Ellmount Interactive AB; Happy Hour group), including domain licensing, services, warrants, and debt conversions. Audit Committee now reviews related-person transactions under policy (adopted March 12, 2025). No ties to Martensson identified.
Risk Indicators & Policies
- Insider Trading Policy and MNPI-aware award timing controls disclosed; no options granted to NEOs near MNPI release in 2024. No director hedging/pledging policy disclosure specific to Martensson beyond general insider trading policy.
Overall: Governance signals for Martensson are positive—independence, multi-committee service, and chair role in Nominating & Governance—without disclosed conflicts. Investor confidence impact is supportive, though broader company related-party ties (not involving Martensson) warrant continued monitoring through Audit Committee oversight.