VERDE ANNOUNCES RESULTS OF THE 2021 ANNUAL GENERAL MEETING OF SHAREHOLDERS

Rhea-AI Summary

Verde AgriTech Plc (OTCQB: AMHPF) held its Annual General Meeting on June 30, 2021, where all proposed resolutions were approved by shareholders. This includes the appointment of PKF Littlejohn LLP as auditors and the approval of the stock option plan until June 30, 2024.

Significant votes included:

• PKF Littlejohn LLP appointed with 97.27% approval.
• Alysson Paolinelli elected with 99.37% approval.
• Stock option plan approved with 71.24% in favor.

The Company focuses on sustainable agriculture through its Cerrado Verde Project in Brazil.

Positive

• All proposed resolutions at the AGM were approved, indicating strong shareholder support.
• PKF Littlejohn LLP appointed as auditors, ensuring continued financial oversight.
• Approval of the stock option plan provides flexibility for future employee incentives.

Negative

• Paulo Sergio Ribeiro Machado faced significant opposition with 18.32% votes withheld.
• Cristiano Veloso also had 21.95% votes against his election.

Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) ("Verde” or the “Company”) held its Annual General Meeting (“AGM”) of shareholders on Wednesday, June 30, 2021, in Belo Horizonte, Brazil, and is pleased to announce that its shareholders approved all items put before them.

The director nominees were elected as directors of the Company. Shareholders adopted the Directors’ Report, the Audited Statement of Accounts and the Auditors’ Report for the year ended December 31, 2020 and appointed PKF Littlejohn LLP as auditors of the Company for the ensuing year. In addition, shareholders approved the Company's stock option plan, as it may be amended from time to time, which approval shall remain effective until June 30, 2024. The results were as follows:

Item Voted Upon	Voting Result
1. To appoint the auditors, PKF Littlejohn LLP, as the Auditors of the Company for the ensuing year, and to authorise the directors of the Company to fix their remuneration.	* The resolution was approved by ballot, as follows:
	Votes For	Votes Withheld
	19,778,386	555,458
	(97.27%)	(2.73%)
3. Election of Directors nominated in the Company’s management information circular dated May 20th, 2021.	* The nominees proposed by management were elected by ballot by shareholders, as follows:
		Votes For	Votes Withheld
	Alysson Paolinelli	18,929,013 (99.37%)	119,615
			(0.63%)
	Paulo Sergio Ribeiro Machado	15,559,312 (81.68%)	3,489,316
			(18.32%)
	Cristiano Veloso	14,867,863 (78.05%)	4,180,765
			(21.95%)
	Getulio Lamartine	15,421,862 (80.96%)	3,626,766
			(19.04%)
	Renato Gomes	15,460,862 (81.17%)	3,587,766
			(18.83%)
	Michael St. Aldwyn	15,199,363 (79.79%)	3,849,265
			(20.21%)
6. Special Business to approve all unallocated options under the Company’s Stock Option Plan and to authorise the Company to have the ability to continue granting options under the Stock Option Plan until June 25, 2024.	Votes For	Votes Against
	13,571,022	5,477,606
	(71.24%)	(28.76%)

Investors Newsletter Subscribe to receive the Company’s monthly updates at: http://cloud.marketing.verde.ag/InvestorsSubscription

The last edition of the newsletter can be accessed at: https://bit.ly/InvestorsNL_May_2021

About Verde AgriTech

Verde AgriTech promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil’s largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability.

Cautionary Language and Forward-Looking Statements

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. The Cautionary Language and Forward-Looking Statements can be accessed at this link.

www.investor.verde.ag | www.verde.ag | www.supergreensand.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210630006039/en/

FAQ

What were the results of Verde AgriTech's AGM on June 30, 2021?

All resolutions were approved, including the appointment of auditors and election of directors.

Who was appointed auditor for Verde AgriTech in 2021?

PKF Littlejohn LLP was appointed as the auditor for the ensuing year.

What percentage of votes were in favor of the stock option plan at Verde AgriTech's AGM?

The stock option plan was approved with 71.24% votes in favor.

What are the upcoming provisions of Verde AgriTech's stock option plan?

The stock option plan is effective until June 30, 2024.

Which director nominee received the highest approval at Verde AgriTech's AGM?

Alysson Paolinelli was elected with 99.37% approval.