Get Ready to Vote: Cotec Holdings Corp Releases Annual Meeting Materials and Alternative Voting Options!

Vancouver, BC / Accesswire / December 5, 2024

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF), also known as “The Corporation,” has recently announced that the upcoming annual and general special meeting will be held virtually on Friday, December 13, 2024, at 11:00 AM (Toronto time). Due to the current delays and suspension of mail service in Canada caused by the nationwide strike of the Canadian Union of Postal Workers that started on November 15, 2024 (the “Postal Strike”), the Corporation will be relying on CSA Coordinated Blanket Order 51-931 (the “Order”) for exemption from sending proxy-related materials (the “Meeting Materials”) to shareholders.

Meeting Agenda

During the Meeting, shareholders will be asked to consider and approve the following resolutions:

• Receiving and considering the financial statements for the fiscal year ended December 31, 2023, and the auditor’s report on them.
• Election of directors for the Corporation for the upcoming year.
• Appointment of an auditor for the next year and authorization of the directors to determine the auditor’s remuneration.
• Approval and confirmation of the equity incentive plan of the Corporation.

Shareholders are encouraged to participate in the Meeting virtually at https://meetnow.global/MNAPPF6 to ensure their voices are heard and votes are counted.

How Will This Affect Me?

If you are a shareholder of CoTec Holdings Corp., this announcement means that you have the opportunity to participate in the annual and general special meeting virtually. It provides you with the chance to vote on important resolutions and have a say in the future direction of the Corporation, all while overcoming the challenges posed by the current mail service suspension in Canada.

How Will This Affect the World?

The decision made by CoTec Holdings Corp. to rely on alternative voting options and virtual meetings amid the Postal Strike demonstrates adaptability and innovation in the face of external challenges. This could set a precedent for other corporations to explore digital solutions for shareholder engagement and decision-making, potentially leading to increased efficiency and accessibility in corporate governance practices globally.

Conclusion

As CoTec Holdings Corp. prepares for its annual and general special meeting, shareholders are urged to embrace the virtual format and participate in the decision-making process. The Corporation’s proactive approach to overcoming the constraints of the Postal Strike showcases its commitment to transparency, accountability, and shareholder democracy. By exploring alternative voting options, CoTec Holdings Corp. is paving the way for a more inclusive and resilient corporate governance landscape.