NFT Tech Announces Voting Results

Rhea-AI Summary

NFT Technologies Inc. announced the successful outcome of its annual general meeting held on November 10, 2022. All nominated directors were elected, including Wayne Lloyd, Jeremy Gardner, Kelly Allin, and Curt Marvis, receiving over 99% of shareholder votes. The meeting saw 10,062,486 common shares voted, representing 12.53% of outstanding shares. Additionally, shareholders approved the appointment of Kingston Ross Pasnak LLP as the company’s auditor for the upcoming year. NFT Tech aims to bridge traditional capital markets with the Web3 space, focusing on decentralized ownership and NFTs.

Positive

• All four nominated directors elected with over 99% shareholder support.
• Appointment of Kingston Ross Pasnak LLP as auditor approved.

Negative

• None.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- NFT Technologies Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Company” or "NFT Tech"), a leading technology company mainstreaming decentralized ownership, NFTs and the metaverse for public markets, is pleased to announce that at its annual general meeting held on November 10, 2022 (the “Meeting”), all nominees listed in its management information circular dated September 28, 2022, were elected as directors of the Company.

Shareholders approved setting the number of directors of the Company at 4. Each of the following four nominees proposed by management was elected as a director. The proxies received by management with respect to the election of directors were as follows:

Director	Percentage of Votes For
Wayne Lloyd	99.824%
Jeremy Gardner	99.844%
Kelly Allin	99.972%
Curt Marvis	99.973%

As a result, the board of directors of the Company now consists of Wayne Lloyd, Jeremy Gardner, Kelly Allin and Curt Marvis.

Shareholders also approved the appointment of Kingston Ross Pasnak LLP, Chartered Professional Accountants, as the Company’s auditor for the ensuing year and the authorization of the board to fix the auditor’s remuneration.

A total of 10,062,486 common shares of the Company were voted at the Meeting, representing 12.53% of the votes attached to all outstanding common shares. Detailed voting results for the Meeting are available on SEDAR at www.sedar.com.

About NFT Tech

NFT Tech works to develop infrastructure, assets, real estate and IP in the metaverse, build and generate revenue from P2E and M2E games, and bring insights and benefits to the public markets. By bridging the gap between traditional capital markets and the Web3 space, NFT Tech is mainstreaming decentralized ownership, NFTs, and the metaverse. Current projects include founding the GOAT Guild and Fuku.

Follow us on social media:

twitter.com/nfttech
medium.com/@nfttechnologies

Cautionary Note on Forward-Looking Information

This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Forward-looking statements in this press release include statements relating to potential benefits and demands for direct-to-consumer NFT projects; potential benefits, development and acceptance of web3 and related applications; continued employment of Run It Wild employees and the value of their experience; plans for accelerating growth; and the continued public acceptance of NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release including, without limitation, the risk factors described in the Prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to

U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221111005584/en/

Wayne Lloyd, Executive Chairman

Email: ir@nfttech.com

Phone: +1 (604) 800-5838

Source: NFT Technologies Inc.

FAQ

What percentage of votes did Wayne Lloyd receive during the NFT Technologies Inc. AGM?

Wayne Lloyd received 99.824% of the votes during the AGM.

Who were elected as directors of NFT Technologies Inc. in November 2022?

The elected directors were Wayne Lloyd, Jeremy Gardner, Kelly Allin, and Curt Marvis.

How many shares were voted at NFT Technologies Inc.'s AGM?

A total of 10,062,486 common shares were voted at the AGM.

What was the date of the AGM for NFT Technologies Inc.?

The AGM for NFT Technologies Inc. was held on November 10, 2022.

What auditor was approved for NFT Technologies Inc. for the next year?

Kingston Ross Pasnak LLP was approved as the auditor for NFT Technologies Inc.