Base Carbon Announces Annual General Meeting Results

Executive Summary

• Base Carbon Inc. held its Annual General Meeting on June 25, 2026, resulting in the election of six directors to the board and the appointment of BDO Canada LLP as the company's auditor for the upcoming year.
• Shareholder turnout was 50.777% of issued and outstanding shares, with all director nominees receiving overwhelming approval ranging from 96.78% to 99.99% in favor.
• Shareholders also voted to authorize the board of directors to fix their own remuneration for the ensuing year.

Key Details

• Meeting Date: June 25, 2026
• Shareholder Turnout: 51,205,311 common shares represented (50.777% of issued and outstanding)
• Director Elections & Vote Tabulation:
• Catherine Flax: 46,684,011 in favor (99.971%)
• Margot Naudie: 45,192,288 in favor (96.782%)
• Bruce Tozer: 46,684,806 in favor (99.978%)
• Michael Costa: 46,693,281 in favor (99.996%)
• Andrew Fedak: 46,174,787 in favor (98.886%)
• Adrian Morante: 46,684,811 in favor (99.978%)
• Auditor Appointment: BDO Canada LLP approved as auditor for the ensuing year (51,175,032 in favor, 99.941%)
• Director Remuneration: Authorized for the board to fix remuneration
• Reference Document: Management information circular dated May 13, 2026, available on SedarPlus