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Auxly Cannabis Group Shareholders Meeting Results

Auxly Cannabis Group Inc. has recently concluded its Annual General and Special Meeting of Shareholders on June 30, 2026. During this essential gathering, shareholders engaged in various votes concerning the future of the company. A significant total of 285,845,012 common shares were represented, amounting to 19.99% of Auxly's issued shares.

Among the critical decisions made, the voting results indicated full approval of all proposals presented to shareholders as stated in the company's information circular dated May 26, 2026. This circular outlined the agenda for the meeting and provided details for the voting process.

Election of Directors

The meeting featured the election of directors, a pivotal aspect of governance in any organization. The nominated directors received overwhelmingly supportive votes, ensuring their positions on the board. The breakdown of the voting results for each nominee is as follows:

• - Genevieve Young: Received 95.93% approval with 274,209,256 votes in favor.
• - Hugo Alves: Garnered 97.58% support, with 278,932,141 votes cast for him.
• - Troy Grant: Secured 97.18% endorsements, amounting to 277,797,817 favorable votes.
• - Vikram Bawa: Received 97.37% approval, translating to 278,334,835 votes.
• - Conrad Tate: Achieved 97.46% support with 278,575,584 votes.

These results reflect not only the confidence in the nominees but also the shareholders' commitment to the leadership shaping Auxly's direction.

Appointment of Auditors

In addition to electing its board members, shareholders unanimously approved the reappointment of Ernst & Young LLP as the auditors for the fiscal year 2026. This decision allows the board to ensure continued compliance with financial regulations and transparent reporting. Shareholders also granted the board the authority to set the auditors' remuneration, maintaining oversight of financial responsibilities.

Share Consolidation Resolution

An especially noteworthy resolution was the voting on the amendment of the company’s articles for the proposed consolidation of shares. The shareholders endorsed a special resolution that authorizes the board to consolidate the current issued shares at a ratio of up to twenty (20) pre-consolidation shares for one (1) post-consolidation share. This governance action is a strategic move aimed at enhancing the company's market position and fostering future growth.

Next Steps and Communication

For those eager to delve into more detailed insights, a comprehensive report regarding the voting for all resolutions at the meeting will be made accessible on SEDAR+ at SEDAR+ Website. Furthermore, an audio recording of the meeting is readily available through the Auxly website at Auxly Investors.

About Auxly Cannabis Group

Headquartered in Toronto, Canada, Auxly Cannabis Group Inc. stands as a prominent figure in the cannabis packaged goods sector. The company's objective is simple yet profound: to enhance the quality of life for consumers through reliable cannabis products. By constantly innovating and focusing on quality, Auxly strives to secure its place as a global leader in the cannabis market.

For ongoing updates, follow Auxly on social media platforms like Twitter, Instagram, Facebook, and LinkedIn.

In summary, the annual meeting represented a pivotal moment for Auxly as it solidifies its governance structure and lays a foundation for future initiatives. With strong support from shareholders, the paths set forth suggest a focused and ambitious future for the company.