Tiny Announces Annual General and Special Meeting of Shareholders

Rhea-AI Summary

Tiny (TSXV: TINY) announced its annual general and special meeting of shareholders will be held on June 20, 2024, at the Fairmont Empress in Victoria, B.C.

Key matters to be discussed include the approval of consolidated financial statements for the year ending December 31, 2023, setting the number of directors at 5, re-electing current directors Andrew Wilkinson, Chris Sparling, Tim McElvaine, Carla Matheson, and Shane Parrish, re-appointing KPMG LLP as auditors, and ratifying the 10% rolling omnibus equity incentive plan.

More details are available in the management information circular on the company's profile page at www.sedarplus.ca and on Tiny's website.

Positive

• Annual meeting includes discussion on consolidated financial statements.
• Re-electing experienced directors, which may ensure continuity.
• Re-appointment of KPMG LLP as auditor indicates stability and trust.
• Ratification of the 10% rolling omnibus equity incentive plan suggests potential for employee motivation and retention.

Negative

• No discussion of new strategic initiatives or business development plans.
• No mention of financial performance highlights or expected growth.
• Potential shareholder dilution from the equity incentive plan.

Victoria, British Columbia--(Newsfile Corp. - May 23, 2024) - Tiny Ltd. (TSXV: TINY) ("Tiny" or the "Company"), announces an annual general and special meeting of shareholders (the "Meeting") will be held on Thursday, June 20, 2024, at 11:00 AM (Pacific) at the Fairmont Empress, 721 Government Street, Victoria, B.C. in the Crystal Ballroom and Palm Court, to consider the following items: (1) the consolidated financial statements of the Company for the financial year ended December 31, 2023; (2) fixing the number of directors at 5; (3) re-electing Andrew Wilkinson, Chris Sparling, Tim McElvaine, Carla Matheson and Shane Parrish as directors; (4) re-appointment of KPMG LLP as auditor at a remuneration to be fixed by the Board; and (5) ratifying, adopting and re-approving the 10% rolling omnibus equity incentive plan of Tiny.

Shareholders should refer to the management information circular for more detailed information with respect to the matters to be considered at the Meeting, available under the Company's profile page at www.sedarplus.ca, and on Tiny's website here: Meeting Materials.

About Tiny Ltd.

Tiny is a leading technology holding company with a strategy of acquiring majority stakes in wonderful businesses. Tiny has three core business segments, Beam, WeCommerce and Dribbble, with other standalone businesses including a private equity investment fund.

Beam, and its subsidiary companies including MetaLab, helps start-ups to Fortune 500 companies to design, build and ship premium digital products for both mobile and web. The Company's capabilities as an end-to-end product partner provide clients with intimate insight into end-user behavior, allowing for a thorough, strategy-led approach to product design, engineering, brand positioning and marketing.

WeCommerce provides merchants with a suite of ecommerce software tools to start and grow their online store. Our family of companies and brands include Pixel Union, Out of the Sandbox, Archetype, Foursixty, Stamped, KnoCommerce, Clean Canvas and Orbit Apps. As one of Shopify's first partners since 2010, WeCommerce is focused on building, acquiring and investing in leading technology businesses operating in the Shopify partner ecosystem.

Dribbble is a creative network and community that design professionals use to meet, collaborate, and showcase their work. Dribbble also hosts an online marketplace for graphics, fonts, templates, and other digital assets.

Other standalone businesses include several software and internet companies and the operation of a private equity fund where the Company controls the general partner (the "Tiny Fund"). The Tiny Fund commenced operations in August 2020 and has total committed capital of US$150 million.

For more about Tiny, please visit https://www.tiny.com or refer to the public disclosure documents available under Tiny's SEDAR+ profile at www.sedarplus.ca.

For more information about the Company, please contact:

David Charron
Chief Financial Officer
Phone: 416-418-3881
Email: david@tiny.com

Cautionary Note Regarding Forward-Looking Information

This press release contains statements which constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"), including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and forward-looking statements. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect the Company's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to various risks as set out herein.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210340

FAQ

When is Tiny 's annual general meeting of shareholders?

The annual general and special meeting of shareholders will be held on June 20, 2024, at 11:00 AM (Pacific).

What are the key items to be considered at Tiny 's shareholder meeting?

Key items include approving consolidated financial statements for 2023, setting the number of directors at 5, re-electing current directors, re-appointing KPMG LLP as auditors, and ratifying the 10% rolling omnibus equity incentive plan.

Where will Tiny 's 2024 shareholder meeting take place?

The meeting will be held at the Fairmont Empress, 721 Government Street, Victoria, B.C.

Who are the directors up for re-election at Tiny 's 2024 shareholder meeting?

The directors up for re-election are Andrew Wilkinson, Chris Sparling, Tim McElvaine, Carla Matheson, and Shane Parrish.

What firm is proposed for re-appointment as Tiny 's auditor?

KPMG LLP is proposed for re-appointment as the auditor for Tiny

What is the significance of the 10% rolling omnibus equity incentive plan for Tiny ?

The 10% rolling omnibus equity incentive plan is designed to motivate and retain employees by aligning their interests with those of shareholders.