Kelso Technologies Inc. Announces 2022 Annual General Meeting Results

Rhea-AI Summary

Kelso Technologies Inc. (KIQ) held its Annual General Meeting on June 2, 2022, with 35.69% of shares voted. The following nominees were elected as directors: James R. Bond (59.83% for), Peter Hughes (57.87% for), Anthony Andrukaitis (59.88% for), Paul Cass (83.37% for), Laura Roach (59.95% for), Jesse V. Crews (61.19% for), and Frank Busch (60.55% for). Additionally, Smythe, LLP was reappointed as auditors with 91.56% approval. Key officers appointed include James R. Bond as CEO, Richard Lee as CFO, and Anthony Andrukaitis as COO.

Positive

• 57.87% to 83.37% votes in favor for newly elected directors indicate shareholder support.
• Reappointment of Smythe, LLP as auditors received 91.56% approval, reflecting trust in financial oversight.

Negative

• Only 35.69% of shares voted, which may imply limited shareholder engagement.

VANCOUVER, British Columbia and BONHAM, Texas, June 03, 2022 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS), (NYSE American: KIQ) is pleased to announce the detailed voting results from the Annual General Meeting held on June 2, 2022 (the “Meeting”).

A total of 19,387,300 common shares of the 54,320,086 common shares outstanding at the record date were voted at the Meeting, representing 35.69% of the issued and outstanding common shares of the Company at the record date.

Election of Directors

Each of the following nominees set forth in the Company’s management information circular dated April 20, 2022, was elected as a director of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:

Nominee	% Votes For	% Votes Withheld
James R. Bond	59.83	40.17
Peter Hughes	57.87	42.13
Anthony Andrukaitis	59.88	40.12
Paul Cass	83.37	16.63
Laura Roach	59.95	40.05
Jesse V. Crews	61.19	38.81
Frank Busch	60.55	39.45

At the Meeting the shareholders also approved the reappointment of Smythe, LLP as the auditors of the Company, 91.56% For and 8.44% Withheld.

After the Meeting the following officers were appointed:

James R. Bond – President and Chief Executive Officer
Richard Lee – Chief Financial Officer
Anthony Andrukaitis – Chief Operating Officer
Kathy Love – Corporate Secretary

About Kelso Technologies

Kelso is a diverse product development company that specializes in the design, production and distribution of proprietary service equipment used in transportation applications. The Company’s reputation has been earned as a designer and reliable supplier of unique high-quality rail tank car valve equipment that provides for the safe handling and containment of hazardous and non-hazardous commodities during transport. All Kelso products are specifically designed to provide economic and operational advantages to customers while reducing the potential effects of human error and environmental harm.

For a more complete business and financial profile of the Company, please view the Company's website at www.kelsotech.com and public documents posted under the Company’s profile on www.sedar.com in Canada and on EDGAR at www.sec.gov in the United States.

On behalf of the Board of Directors,

James R. Bond, CEO and President

For further information, please contact:

James R. Bond, CEO and President	Richard Lee, Chief Financial Officer	Corporate Address:
Email: bond@kelsotech.com	Email: lee@kelsotech.com	13966 - 18B Avenue South Surrey, BC V4A 8J1 www.kelsotech.com

FAQ

What were the voting results for directors at the Kelso Technologies AGM on June 2, 2022?

At the AGM, directors received support ranging from 57.87% to 83.37% votes in favor.

Who was reappointed as auditors for Kelso Technologies in 2022?

Smythe, LLP was reappointed as auditors with 91.56% shareholder approval.

What percentage of shares were voted at the Kelso Technologies AGM?

A total of 35.69% of the outstanding shares were voted at the AGM.

Who were the key officers appointed at Kelso Technologies' AGM?

James R. Bond was appointed as CEO, Richard Lee as CFO, and Anthony Andrukaitis as COO.