dynaCERT Announces Voting Results from Annual Meeting of Shareholders

Rhea-AI Summary

dynaCERT announced the results of its annual shareholder meeting held in Toronto, Ontario.

A total of 114,544,944 common shares were represented, accounting for 27.501% of total outstanding shares.

Shareholders voted in favor of all agenda items. Nine directors were re-elected, with significant support. The directors include James Payne, Jean-Pierre Colin, Wayne Hoffman, Amir Farahi, Brian Warner, Bruce Barnaby, Tanya Rowntree, James Tansey, and Bernd Krueper, with approval percentages ranging from 84.715% to 98.110%.

HDCPA, Chartered Accountants, were reappointed as auditors with 98.281% approval.

dynaCERT's technology focuses on Carbon Emission Reduction and fuel efficiency, important for the hydrogen economy and works with various diesel engines.

Positive

• 27.501% of total outstanding shares were represented at the meeting.
• All proposed directors were re-elected with approval rates between 84.715% and 98.110%.
• Appointment of HDCPA as auditors received a high approval of 98.281%.

Negative

• Only 27.501% of total outstanding shares were represented, indicating low shareholder participation.

TORONTO--(BUSINESS WIRE)-- dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the results of the annual and special meeting of its shareholders, which was held today at Alliance Banquet Hall, 501 Alliance Avenue, Toronto, Ontario (the "Meeting"). A total of 114,544,944 common shares of the Company (each, a "Common Share"), representing 27.501% of the total Common Shares outstanding, were represented at the Meeting (with 4 represented by shareholders attending in person and 184 being represented by proxy). dynaCERT’s shareholders voted in favor of all items of business put forward at the Meeting. The results below summarize votes cast by proxy.

Description of Matter Voted Upon	Result of Vote	Votes by Proxy Only
		Votes For # (%)	Votes Against/Withheld # (%)
1. Ordinary resolution fixing the number of directors at nine (9)	Passed	110,907,057 (97.071%)	3,346,682 (2.929%)
2. Ordinary resolution approving the election of the following nominees as directors of the Company
James Payne	Elected	108,507,998 (97.020%)	3,332,872 (2.980%)
Jean-Pierre Colin	Elected	95,392,811 (85.293%)	16,448,059 (14.707%)
Wayne Hoffman	Elected	94,745,647 (84.715%)	17,095,223 (15.285%)
Amir Farahi	Elected	108,562,574 (97.069%)	3,278,296 (2.931%)
Brian Warner	Elected	98,536,924 (88.105%)	13,303,946 (11.895%)
Bruce Barnaby	Elected	108,562,574 (97.069%)	3,278,296 (2.931%)
Tanya Rowntree	Elected	109,653,074 (98.044%)	2,187,796 (1.956%)
James Tansey	Elected	109,653,074 (98.044%)	2,187,796 (1.956%)
Bernd Krueper	Elected	109,727,424 (98.110%)	2,113,446 (1.890%)
3. Ordinary resolution approving the appointment of HDCPA, Chartered Accountants, as auditors of the Company	Passed	112,289,891 (98.281%)	1,963,848 (1.719%)

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board

Murray James Payne, CEO

View source version on businesswire.com: https://www.businesswire.com/news/home/20240627317108/en/

For more information:

Jim Payne, CEO & President

dynaCERT Inc.

#101 – 501 Alliance Avenue

Toronto, Ontario M6N 2J1

+1 (416) 766-9691 x 2

jpayne@dynaCERT.com

Investor Relations

dynaCERT Inc.

Nancy Massicotte

+1 (416) 766-9691 x 1

nmassicotte@dynaCERT.com

Source: dynaCERT Inc.

FAQ

What were the results of dynaCERT's annual shareholder meeting?

dynaCERT's shareholders voted in favor of all items on the agenda, including the re-election of nine directors and the appointment of HDCPA as auditors.

How many shares were represented at dynaCERT's annual meeting?

A total of 114,544,944 common shares, representing 27.501% of the total outstanding shares, were represented at the meeting.

Who were elected as directors at the dynaCERT shareholder meeting?

Nine directors were re-elected: James Payne, Jean-Pierre Colin, Wayne Hoffman, Amir Farahi, Brian Warner, Bruce Barnaby, Tanya Rowntree, James Tansey, and Bernd Krueper.

What was the approval rate for reappointing HDCPA as dynaCERT's auditors?

HDCPA was reappointed as auditors with an approval rate of 98.281%.

What percentage of approval did James Payne receive for re-election as a director at dynaCERT's shareholder meeting?

James Payne received a 97.020% approval rate for re-election as a director.

What is dynaCERT's technology focus?

dynaCERT manufactures and distributes Carbon Emission Reduction Technology and HydraLytica™ Telematics for tracking fuel consumption and GHG emissions, designed for various diesel engines.