AI/ML Innovations Implements Advance Notice Provisions

AI/ML Innovations Inc. has amended its articles to introduce advance notice requirements for director nominations by shareholders. These changes aim to provide a structured process for nominations, ensuring shareholders receive adequate information about nominees to make informed voting decisions.

The amendments align with practices of other Canadian public companies and specify deadlines for nomination notices for annual or special shareholder meetings. For annual meetings, notices must be given 30 to 65 days before the meeting. For special meetings, the deadline is the 15th day after the meeting's date is announced.

The updated articles also detail the required content for nomination notices, with discretion for the board to waive requirements. These amendments are effective immediately but require shareholder approval at the next meeting.