Kontrol Technologies Announces Voting Results from its Annual General Meeting of Shareholders

TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) announced the results of voting at its annual general meeting of shareholders held on January 10, 2025.

Full details of the matters are set out in the Company’s management information circular dated November 26, 2024, which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

1. ELECTION OF DIRECTORS

Each of the individuals noted in the table below were elected as directors of the Company. Each director elected will hold office until the next annual meeting of Shareholders or until such person’s successor is elected or appointed, unless such person’s office is earlier vacated. The voting results are noted in the table below.

2. APPOINTMENT OF AUDITOR

MNP LLP was appointed as the auditor of the Company until the next annual meeting of the shareholders of the Company or until its successor is duly appointed and the directors of the Company were authorized to fix the remuneration of such auditor. The voting results are noted in the table below.

3. RATIFYING AND CONFIRMING THE COMPANY’S SHARE COMPENSATION PLAN

A resolution, the full text of which is set forth in the management information circular of the Company, ratifying and confirming the Company’s “rolling” share compensation plan was passed. The voting results are noted in the table below.

4. RATIFYING AND CONFIRMING THE COMPANY’S STOCK OPTION PLAN

A resolution, the full text of which is set forth in the management information circular of the Company, ratifying and confirming the Company’s “rolling” stock option plan was passed. The voting results are noted in the table below.

VOTING RESULTS

	FOR	AGAINST	WITHHELD/ ABSTAIN	NON VOTE	FOR	AGAINST	WITHHELD/ ABSTAIN
Paul Ghezzi	8,166,508	0	286,873	2,495	96.61%	0.00%	3.39%
Claudio Del Vasto	8,166,104	0	287,277	2,495	96.60%	0.00%	3.40%
Andrew Bowerbank	8,452,938	0	443	2,495	99.99%	0.00%	0.01%
Danny Carestia	8,448,968	0	4,413	2,495	99.95%	0.00%	0.05%
Joanna Osawe	8,448,968	0	4,413	2,495	99.95%	0.00%	0.05%
Appointment of Auditors	8,455,849	0	27	0	100.00%	0.00%	0.00%
Ratifying and confirming the Company’s share compensation plan	8,119,966	333,415	0	2,495	96.06%	3.94%	0.00%
Ratifying and confirming the Company’s stock option plan	8,120,370	333,011	0	2,495	96.06%	3.94%	0.00%

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities and provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.