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Electrovaya Announces Results of Annual Meeting of Shareholders

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Electrovaya (NASDAQ/TSX: ELVA), a lithium-ion battery technology and manufacturing company, held its 2024 Annual General Meeting on March 28th, 2025 in Toronto. All proposed resolutions received shareholder approval.

The shareholders elected six directors to the board with overwhelming support, each receiving over 97% approval votes with less than 3% withheld. The elected directors are Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr. Kartick Kumar, and Mr. Steven Berkenfeld. Additionally, MNP LLP was re-appointed as the company's auditors.

Electrovaya (NASDAQ/TSX: ELVA), un'azienda di tecnologia e produzione di batterie agli ioni di litio, ha tenuto la sua Assemblea Generale Annuale 2024 il 28 marzo 2025 a Toronto. Tutte le risoluzioni proposte hanno ricevuto l'approvazione degli azionisti.

Gli azionisti hanno eletto sei direttori nel consiglio con un sostegno schiacciante, ognuno ha ricevuto oltre il 97% dei voti favorevoli con meno del 3% di voti contrari. I direttori eletti sono il Dr. Sankar Das Gupta, il Dr. Raj Das Gupta, il Dr. James Jacobs, la Dr.ssa Carolyn Hansson, il Sig. Kartick Kumar e il Sig. Steven Berkenfeld. Inoltre, MNP LLP è stata riaffermata come revisore dei conti dell'azienda.

Electrovaya (NASDAQ/TSX: ELVA), una empresa de tecnología y fabricación de baterías de iones de litio, celebró su Junta General Anual 2024 el 28 de marzo de 2025 en Toronto. Todas las resoluciones propuestas recibieron la aprobación de los accionistas.

Los accionistas eligieron a seis directores para la junta con un apoyo abrumador, cada uno recibió más del 97% de votos a favor con menos del 3% de votos en contra. Los directores elegidos son el Dr. Sankar Das Gupta, el Dr. Raj Das Gupta, el Dr. James Jacobs, la Dra. Carolyn Hansson, el Sr. Kartick Kumar y el Sr. Steven Berkenfeld. Además, MNP LLP fue reelecta como los auditores de la empresa.

Electrovaya (NASDAQ/TSX: ELVA), 리튬 이온 배터리 기술 및 제조 회사는 2025년 3월 28일 토론토에서 2024년 정기 주주총회를 개최했습니다. 제안된 모든 결의안이 주주들의 승인을 받았습니다.

주주들은 6명의 이사를 압도적인 지지로 선출했으며, 각 이사는 97% 이상의 찬성 투표를 받았고 3% 미만의 반대 투표를 받았습니다. 선출된 이사는 Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr. Kartick Kumar, 그리고 Mr. Steven Berkenfeld입니다. 또한, MNP LLP가 회사의 감사로 재임명되었습니다.

Electrovaya (NASDAQ/TSX: ELVA), une entreprise de technologie et de fabrication de batteries lithium-ion, a tenu son Assemblée Générale Annuelle 2024 le 28 mars 2025 à Toronto. Toutes les résolutions proposées ont été approuvées par les actionnaires.

Les actionnaires ont élu six administrateurs au conseil avec un soutien écrasant, chacun ayant reçu plus de 97% des voix en faveur, avec moins de 3% de voix contre. Les administrateurs élus sont le Dr. Sankar Das Gupta, le Dr. Raj Das Gupta, le Dr. James Jacobs, la Dr. Carolyn Hansson, M. Kartick Kumar et M. Steven Berkenfeld. De plus, MNP LLP a été réélu en tant qu'auditeur de l'entreprise.

Electrovaya (NASDAQ/TSX: ELVA), ein Unternehmen für Lithium-Ionen-Batterietechnologie und -herstellung, hielt am 28. März 2025 in Toronto seine Hauptversammlung 2024 ab. Alle vorgeschlagenen Beschlüsse erhielten die Zustimmung der Aktionäre.

Die Aktionäre wählten sechs Direktoren in den Vorstand mit überwältigender Unterstützung, jeder erhielt über 97% der Zustimmungsstimmen, weniger als 3% wurden zurückgehalten. Die gewählten Direktoren sind Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Herr Kartick Kumar und Herr Steven Berkenfeld. Außerdem wurde MNP LLP erneut als Wirtschaftsprüfer des Unternehmens bestellt.

Positive
  • Strong shareholder support with over 97% approval for all director nominees
Negative
  • None.

TORONTO, ON / ACCESS Newswire / March 31, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company")(NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2024 Annual General Meeting held on March 28th, 2025 in Toronto, Ontario, were approved. The six directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr. Kartick Kumar, and Mr. Steven Berkenfeld were each elected as directors by over 97% of the votes cast for and less than 3% of the votes withheld at the Meeting for each director individually. Detailed results of the vote are set out below:

Nominee

Votes
For

Votes
Withheld

Percentage of
Votes For

Percentage of Votes
Withheld

Dr. Sankar Das Gupta

20,117,233

133,617

99.34%

0.66%

Dr. Carolyn Hansson

20,010,598

240,252

98.81%

1.19%

Dr. James K. Jacobs

20,185,600

65,250

99.68%

0.32%

Mr. Kartick Kumar

19,767,049

483,801

97.61%

2.39%

Mr. Steven Berkenfeld

20,012,770

238,080

98.82%

1.18%

Dr. Raj DasGupta

20,185,775

65,075

99.68%

0.32%

MNP LLP, were re-appointed as the auditors of the Company.

Additional details are included in the report of voting results filed under the Company's profile on SEDAR at www.sedar.com.

About Electrovaya Inc.

Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy duty electric vehicles based on its Infinity Battery Technology Platform. This technology offers enhanced safety and industry leading battery longevity. The Company is also developing next generation solid state battery technology at its Labs division. Headquartered in Ontario, Canada, Electrovaya has two operating sites in Canada and has acquired a 52-acre site with a 135,000 square foot manufacturing facility in New York state for its planned gigafactory. To learn more about Electrovaya, please explore www.electrovaya.com.

SOURCE: Electrovaya, Inc.



View the original press release on ACCESS Newswire

FAQ

What was the voting result for Electrovaya (ELVA) directors at the 2025 Annual Meeting?

All six directors were elected with over 97% approval votes and less than 3% votes withheld at the March 28th, 2025 meeting.

Who are the newly elected board members of Electrovaya (ELVA)?

The elected directors are Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr. Kartick Kumar, and Mr. Steven Berkenfeld.

When did Electrovaya (ELVA) hold its 2024 Annual General Meeting?

Electrovaya held its 2024 Annual General Meeting on March 28th, 2025 in Toronto, Ontario.

Who was appointed as Electrovaya's (ELVA) auditor at the 2025 Annual Meeting?

MNP LLP was re-appointed as Electrovaya's auditors at the Annual Meeting.
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