Decibel Cannabis Company Shares Key Outcomes from Recent Shareholder Meeting

Results of Decibel's Annual Shareholder Meeting

Decibel Cannabis Company Inc. (TSXV: DB), a prominent player in the premium cannabis industry, has announced the results from its annual and special meeting of shareholders held on December 11, 2025. The meeting was crucial for setting the direction and governance of the company for the upcoming year.

Key Decisions Made

During the meeting, shareholders approved all measures put forward for consideration, highlighting the strong support for the company's strategic direction. Some of the critical decisions made include:

1. Board of Directors: The number of directors was set at four, following which, Shawn Dym, Nadia Vattovaz, Jakob Ripshtein, and Benjamin Sze were elected to serve on the board. This decision reflects a commitment to ensure experienced leadership guiding the company's operations.

2. Appointment of Auditors: MNP LLP, Chartered Professional Accountants, was appointed as the company’s auditors for the upcoming year, with the responsibility for setting their remuneration placed in the hands of the board of directors.

3. Stock Option Plan: Decibel's 2025 Stock Option Plan received reapproval, ensuring that the company maintains a competitive edge in attracting and retaining talent.

4. Share Consolidation Approval: Shareholders authorized a consolidation of the company’s common shares at a ratio of up to fifty pre-consolidation shares to one post-consolidation share. This decision allows the company flexibility should it choose to proceed with consolidation. However, it has been clarified that there are no immediate plans to execute this consolidation.

Leadership Structure

Post-meeting, Shawn Dym and Nadia Vattovaz have been appointed to serve on the corporation's committees. Vattovaz will chair the Audit Committee while Ripshtein will lead the Governance, Compensation, and Nominating Committee. This distribution of responsibilities aims to enhance accountability and governance within the organization.

About Decibel Cannabis Company

Decibel Cannabis Company places a strong emphasis on delivering high-quality cannabis products aimed at customer satisfaction and enjoyment. The company is known for several leading brands, including General Admission, Qwest, and Vox. These products are distributed throughout Canada and are expanding into international markets to create a more significant global presence.

Decibel operates manufacturing facilities in Calgary, Alberta, electrical licensed cultivation sites in Chatham, Ontario, with additional cultivation venues located in British Columbia and Saskatchewan. This operational diversity signifies the company's commitment to innovating within the cannabis industry, signaling to stakeholders that Decibel is poised for robust growth and continued success.

Forward-Looking Statements

In accordance with Canadian securities legislation, the company has issued forward-looking statements regarding the anticipated changes and strategies following the meeting's decisions. It’s important for readers and investors to recognize that these are not guarantees of future performance but rather goals and plans that may evolve.

Since the announced strategies hinge upon various factors including market conditions and regulatory approvals, stakeholders are encouraged to stay informed through future communications from Decibel. Such proactive engagement reflects the company's transparent approach toward its operations and shareholder relations.

Overall, the recent shareholder meeting has set a strategic course for Decibel Cannabis Company, reinforcing its commitment to innovation and high standards within the burgeoning cannabis market.