Organto Foods Reveals Outcomes of Annual General Meeting

Organto Foods Inc. reported the results of its Annual General Meeting of Shareholders. The meeting saw participation from 128,589,289 common shares, representing 67.82% of the eligible outstanding shares, with all matters obtaining over 99% approval.

During the meeting, shareholders reviewed the financial statements for 2024 and 2025, alongside the auditor's report. They also elected six directors: Steve Bromley, Javier Reyes, Peter Damouni, Peter Gianulis, Joe Riz, and Chad Hagen. Additionally, Dale Matheson Carr-Hilton Labonte LLP was appointed as the independent auditor.

Furthermore, Organto Foods approved the continuation of its Share Option and Restricted Share Unit Plans. The company announced the grant of 350,000 stock options, exercisable at $0.79, and 650,000 restricted share units to an officer, with specific vesting terms. The stock options and units are part of the company's longer-term incentive strategy.