Kadestone Capital Corp. Reports Results of Annual General Meeting

Executive Summary

• Kadestone Capital Corp. announced the results of its Annual General Meeting held on June 26, 2026, where shareholders elected a new board of directors and approved several administrative resolutions.
• Ahmed Mohammed Alhatti and James Patillo were elected as new members of the Board of Directors, bringing extensive experience in international real estate development and capital markets.
• Shareholders approved the amendment and restatement of the Company's existing stock option plan, fixed the number of directors at seven, and re-appointed KPMG LLP as auditor.

Key Details

• Board Elections: The following individuals were elected to serve on the Board of Directors until the next annual meeting or until their successors are duly elected or appointed:
  • Kevin Hoffman
  • Brent Billey
  • David Negrin
  • Norm Mayr
  • Dr. Anthony Holler
  • Ahmed Mohammed Alhatti (New Member)
  • James Patillo (New Member)
• New Director Profiles:
  • Ahmed Mohammed Alhatti: Founder, President, and Chairman of the Board of Cayan Group (Middle East real estate developer). Experience includes over 25 years in investment, financial services, and large-scale real estate development across the UAE, Saudi Arabia, and Europe. Previously held managerial positions at Saudi British Bank and American International Group.
  • James Patillo: Former Executive Vice President and Chief Development Officer of Grosvenor Property Americas. Oversaw a North American development pipeline exceeding C$3.9 billion. Brings over 30 years of experience in residential and mixed-use developments across North America.
• Shareholder Resolutions Approved:
  • Fixed the number of directors at seven members.
  • Re-appointed KPMG LLP as the Company’s auditor.
  • Approved the amendment and restatement of the Company's existing stock option plan.
• Meeting Details: The Annual General Meeting was held on June 26, 2026, in Vancouver, British Columbia.

Notable Quotes

• "We are delighted to welcome Ahmed and James to Kadestone's Board of Directors," said Dr. Anthony Holler, Chair of the Board. "Their combined expertise in international real estate development, capital markets, corporate governance, and strategic growth will be invaluable as the Company advances its development pipeline and executes on its long-term growth strategy."