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PyroGenesis Inc. ("PyroGenesis" or the "Company") (TSX: PYR,OTC:PYRGF) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces the voting results from its annual and special meeting of shareholders held on June 23, 2026, in a virtual format.
A total of approximately 34.18% of the issued and outstanding common shares of PyroGenesis were represented at the meeting.
Resolution #1:
All nominees for election as directors to PyroGenesis' board, referred to in its management information circular for the meeting, were elected. Votes cast on this matter were as follows:
| Nominees | For | % For | Against | % Against | ||
| 1. Alan Curleigh | 65,064,314 | 99.65% |  | 226,402 | 0.35% |  |
| 2. P. Peter Pascali | 64,840,443 | 99.31% |  | 450,273 | 0.69% |  |
| 3. Robert M. Radin | 65,143,364 | 99.77% |  | 147,352 | 0.23% |  |
| 4. Andrew Abdalla | 65,092,389 | 99.70% |  | 198,327 | 0.30% |  |
| 5. Dr. Virendra Jha | 65,161,313 | 99.80% |  | 129,403 | 0.20% |  |
| 6. Ben Naccarato | 65,110,368 | 99.72% |  | 180,348 | 0.28% |  |
| 7. Nannette Ramsey | 64,905,893 | 99.41% |  | 384,823 | 0.59% |  |
| 8. Paul Rajchgod | 65,052,283 | 99.63% |  | 238,433 | 0.37% |  |
| 9. Pierre Carabin | 65,101,414 | 99.71% |  | 189,302 | 0.29% |  |
Resolution #2:
On a ballot, the shareholders approved the Appointment of Raymond Chabot Grant Thornton LLP, as Auditors:
| Â | Â | Total Votes | Percentage | Â | |
| Â | For: | 70,553,494 | 99.79 | % | Â |
| Â | Withhold: | 145,257 | 0.21 | % | Â |
| Â | Total: | 70,698,751 | 100.00 | % | Â |
Resolution #3:
On a ballot, the shareholders approved all Unallocated Awards under the Company's Long Term Incentive Plan (Renewal for 3 Years of the LTIP):
| Â | Â | Total Votes | Percentage | Â | |
| Â | For: | 64,327,294 | 98.52 | % | Â |
| Â | Against: | 963,422 | 1.48 | % | Â |
| Â | Total: | 65,290,716 | 100.00 | % | Â |
Resolution #4:
On a ballot, the shareholders ratified all Grants Made since June 21, 2025, under the Company's Long Term Incentive Plan:
| Â | Â | Total Votes | Percentage | Â | |
| Â | For: | 64,244,442 | 98.39 | % | Â |
| Â | Against: | 1,046,274 | 1.61 | % | Â |
| Â | Total: | 65,290,716 | 100.00 | % | Â |
Resolution #5:
On a ballot, the shareholders approved the Amendment to Increase the Limit Under the Company's Long Term Incentive Plan from 10% to 15% of the Shares Issued and Outstanding from Time to Time:
| Â | Â | Total Votes | Percentage | Â | |
| Â | For: | 63,778,726 | 97.68 | % | Â |
| Â | Against: | 1,511,990 | 2.32 | % | Â |
| Â | Total: | 65,290,716 | 100.00 | % | Â |
Final voting results on all matters voted on at the meeting can be found under PyroGenesis' profile on SEDAR+ at www.sedarplus.ca.
About PyroGenesis Inc.
PyroGenesis leverages 35 years of plasma technology leadership to deliver advanced engineering solutions to energy, propulsion, destruction, process heating, emissions, and materials development challenges across heavy industry and defense. Its customers include global leaders in aluminum, aerospace, steel, iron ore, utilities, environmental services, military, and government. From its Montreal headquarters and local manufacturing facilities, PyroGenesis' engineers, scientists, and technicians drive innovation and commercialization of energy transition and ultra-high temperature technology. PyroGenesis' operations are ISO 9001:2015 and AS9100D certified, with ISO certification maintained since 1997. PyroGenesis' shares trade on the TSX (PYR), OTCQX (PYRGF), and Frankfurt (8PY1) stock exchanges.
Cautionary and Forward-Looking Statements
This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under "Risk Factors" in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.
For further information contact ir@pyrogenesis.com or visit http://www.pyrogenesis.com
