VerticalScope Announces Voting Results From Its Annual General and Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA) announced today the voting results from its annual general and special meeting of shareholders held on June 6, 2024 (the “Meeting”).

1. ELECTION OF DIRECTORS

The five (5) nominees listed in the Company’s management information circular dated April 17, 2024 provided in connection with the Meeting (the “Circular”) were elected as directors of the Company. Detailed results of the votes are set out below:

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Rob Laidlaw	43,506,220	95.957%	1,833,208	4.043%
Wayne Bigby	43,211,905	95.308%	2,127,523	4.692%
Cory Janssen	42,799,709	94.398%	2,539,719	5.602%
Michael Washinushi	45,321,813	99.961%	17,615	0.039%
Philip Evershed	44,615,302	98.403%	724,126	1.597%

2. REAPPOINTMENT OF AUDITOR

KPMG LLP were reappointed as the Company’s auditors until the next annual meeting of the shareholders of the Company and the directors of the Company were authorized to fix their remuneration. Detailed results of the votes are set out below:

Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
45,346,446	99.963%	16,640	0.037%

3. RENEWAL OF OMNIBUS INCENTIVE PLAN

The Omnibus Incentive Plan of the Company was renewed, and all unallocated options, rights and other entitlements thereunder were authorized and approved. Detailed results of the votes are set out below:

Votes For	% of Votes For	Votes Against	% of Votes Against
11,053,968	72.207%	4,254,729	27.793%

Details of the voting results on all matters considered at the Meeting are available in the Company’s report of voting results, which is available under the Company’s profile on SEDAR Plus at www.sedarplus.ca.

About VerticalScope

Founded in 1999 and headquartered in Toronto, Ontario, VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love. Through targeted acquisitions and development, VerticalScope has built a portfolio of over 1,200 online communities and over 110 million monthly active users. VerticalScope is listed on the Toronto Stock Exchange (TSX: FORA).