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A2Z Announces Voting Results of its March 28, 2022 Shareholders Meeting

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A2Z Smart Technologies Corp. (NASDAQ:AZ) announced that all resolutions were successfully passed during its Annual and Special General Meeting on March 28, 2022. Key approvals include a rolling 10% stock option plan and an increase of restricted share units under the RSU Plan by 471,716, totaling 2,696,047 units. The company's innovative Cust2Mate product enhances retail shopping by allowing in-cart payment and reducing checkout time, improving efficiency for customers and store managers.

Positive
  • Approval of a rolling 10% stock option plan, enhancing employee incentives.
  • Increase in restricted share units under RSU Plan to 2,696,047, promoting retention.
Negative
  • None.

TEL AVIV, ISRAEL / ACCESSWIRE / April 4, 2022 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (NASDAQ:AZ)(TSXV:AZ), today that at the Company's Annual and Special General Meeting, held on March 28, 2022 in Toronto, all resolutions were duly passed by shareholders, including a rolling 10% stock option plan and the approval of the restricted share unit plan (the "RSU Plan") and increase the number of restricted share units under the RSU Plan by an additional 471,716 to 2,696,047.

About A2Z Smart Technologies Corp

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

Cautionary Statement Regarding Forward-Looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

Contact Information:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: a2z@imsinvestorrelations.com

SOURCE: A2Z Smart Technologies Corp.



View source version on accesswire.com:
https://www.accesswire.com/695809/A2Z-Announces-Voting-Results-of-its-March-28-2022-Shareholders-Meeting

FAQ

What resolutions were passed at A2Z's Annual General Meeting on March 28, 2022?

All resolutions, including a rolling 10% stock option plan and an increase of restricted share units to 2,696,047, were passed.

What is the stock symbol for A2Z Smart Technologies?

The stock symbol for A2Z Smart Technologies is AZ.

How many restricted share units are now in the RSU Plan for A2Z?

The RSU Plan now includes a total of 2,696,047 restricted share units.

What product does A2Z Smart Technologies offer for retail shopping?

A2Z offers Cust2Mate, a mobile self-checkout shopping cart that allows for in-cart payments.

A2Z Cust2Mate Solutions Corp. Common Shares

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