AirBoss Announces Results of Annual General Meeting

Rhea-AI Summary

AirBoss of America Corp. held its Annual General Meeting on May 12, 2022, in Kitchener, Ontario, where all nominees listed in the April 8 Management Information Circular were elected as directors. Anita Antenucci received 99.99% support, while David Camilleri garnered 99.88%. The appointment of KPMG LLP as auditors also received a strong vote of 99.58%. The company is a leader in developing innovative survival solutions and operates across multiple divisions including defense and automotive sectors. Its shares trade on TSX as BOS and OTCQX as ABSSF.

Positive

• All director nominees were elected with high percentages of votes in favor, indicating strong shareholder confidence.
• Appointment of KPMG LLP as auditors secured 99.58% approval, reflecting trust in financial oversight.

Negative

• None.

NEWMARKET, Ontario, May 12, 2022 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the "Company"), announced today that the nominees listed in the April 8, 2022 Notice of Meeting and Management Information Circular of the Company were elected as directors of the Company at the Annual General Meeting held earlier today in Kitchener, Ontario (the "Meeting"). Detailed results of the vote for the election of directors and the appointment of auditors are set out below.

Election of Directors

Nominee	Votes For	% For	Votes Withheld	% Withheld
Anita Antenucci	13,624,769	99.99%	1,291	0.01%
David Camilleri	13,610,094	99.88%	15,966	0.12%
Mary Matthews	13,121,954	96.30%	504,106	3.70%
Robert McLeish	12,917,524	94.80%	708,536	5.20%
Stephen Ryan	13,622,525	99.97%	3,535	0.03%
P. Grenville Schoch	13,536,172	99.34%	89,888	0.66%
Alan J. Watson	13,301,794	97.62%	324,266	2.38%

Appointment of KPMG LLP as Auditors

	Total Votes	Percentage of Votes Cast
Votes For	13,786,251	99.58%
Votes Withheld	58,635	0.42%

Investor Contact: Chris Bitsakakis, President or Gren Schoch, CEO at 905-751-1188.

Media Contact: media@airboss.com

AirBoss of America is a leading and diversified developer, manufacturer and provider of innovative survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through three divisions. AirBoss Defense Group is a global leader in personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities. AirBoss Rubber Solutions is a top-tier North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Engineered Products is a supplier of innovative anti-vibration solutions to the North American automotive market and other sectors. The Company’s shares trade on the TSX under the symbol BOS and on the OTCQX under the symbol ABSSF. Visit www.airboss.com for more information.

FAQ

What are the results of AirBoss of America Corp.'s annual meeting held on May 12, 2022?

All director nominees were elected with significant support, and KPMG LLP was appointed as auditors, receiving 99.58% approval.

Who were elected as directors at AirBoss of America Corp.'s annual meeting?

Directors elected include Anita Antenucci, David Camilleri, Mary Matthews, Robert McLeish, Stephen Ryan, P. Grenville Schoch, and Alan J. Watson.

What percentage of votes did the nominees receive at the AirBoss annual meeting?

Nominees received up to 99.99% of votes for their election, showing robust shareholder support.

Which firm was appointed as auditors for AirBoss of America Corp.?

KPMG LLP was appointed as auditors, with 99.58% of shareholders voting in favor.