Aurora Receives Support from Leading Independent Proxy Adviser Institutional Shareholder Services Inc. for the 2026 Annual General Meeting of Shareholders
Rhea-AI Summary
Aurora Cannabis (NASDAQ: ACB, TSX: ACB) announced that independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders vote FOR all resolutions in advance of the company’s 2026 Annual General Meeting of Shareholders.
The virtual AGM will be held on Friday, August 7, 2026, at 1:00 p.m. Eastern / 11:00 a.m. Mountain via webcast at meetnow.global/MPUKQY6. Shareholders will vote to fix the board size at five directors, elect directors, appoint the auditor, and consider a non-binding say-on-pay resolution. According to Aurora, the board unanimously recommends voting FOR all resolutions, and the voting deadline is 1:00 p.m. Eastern on Wednesday, August 5, 2026.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 23 | EU-GMP certification | Positive | +1.1% | Safari Flower received three-year EU-GMP certification for its Niagara cultivation facility. |
| Jul 22 | Investor call scheduling | Neutral | +1.1% | Aurora scheduled a conference call to discuss first-quarter 2027 financial results. |
| Jul 09 | Corporate recognition | Positive | +0.4% | Aurora was named to TIME Canada's Best Companies 2026 list. |
| Jul 08 | AGM circular filing | Positive | +0.4% | Aurora filed and mailed its management information circular for the 2026 AGM. |
| Jun 11 | Fiscal results report | Negative | -6.4% | Fiscal 2026 results included lower quarterly EBITDA and lower fiscal 2027 EBITDA expectations. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent operational and meeting-related announcements were followed by positive 24-hour reactions, while fiscal results produced a -6.38% reaction.
Key Terms
say-on-pay financial
management information circular regulatory
agm regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
- ISS has recommended that Aurora's shareholders vote FOR all director nominees and meeting resolutions
- Shareholders are encouraged to vote early in favour of all resolutions – every vote matters, no matter how many shares you own
- Shareholders who have questions or need assistance with voting their shares should contact Aurora's strategic advisor and proxy solicitation agent, Kingsdale Advisors, by telephone at 1-800-749-9052 or by email at contactus@kingsdaleadvisors.com or visit www.MyAuroraVote.com
The Circular is available on the Company's website and under Aurora's profile on SEDAR+.
Welcoming the positive ISS recommendations, Miguel Martin, Aurora's Executive Chairman and CEO, stated: "We are pleased that ISS has recognized the strong governance framework and Board oversight in place at Aurora by recommending that shareholders vote FOR all meeting resolutions put forward at our upcoming AGM. We appreciate the trust and support of our shareholders as we continue to expand our global medical cannabis business and focus on building long-term value."
Shareholder Meeting Details
The Meeting will be held virtually on Friday, August 7, 2026, at 1:00 p.m. (Eastern time) / 11:00 a.m. (Mountain Time) and will be conducted via live webcast at: meetnow.global/MPUKQY6. The virtual meeting format allows shareholders and duly appointed proxyholders to have an equal opportunity to participate regardless of geographic location or ownership. Meeting details, including instructions on how to vote, can be found within the Circular.
At the Meeting, shareholders will be asked to consider and vote on the following items, each of which the Board of Directors unanimously recommends a vote "FOR":
- Fix the number of directors to be elected at five (5);
- Elect directors for the ensuing year;
- Appoint the auditor for the ensuing year; and
- A non-binding advisory resolution on our approach to executive compensation (Say-on-Pay)
Before voting, we also invite shareholders to view a message from Miguel Martin, CEO and Simona King, CFO, as they reflect on Fiscal 2026 and the future for Aurora.
Shareholders are encouraged to review the Circular and vote early to ensure their shares are represented. Voting now means one less thing to think about as the proxy voting deadline draws near. The deadline for voting your shares is at 1:00 p.m. (Eastern time) on Wednesday August 5, 2026.
Aurora's Board of Directors recommends that shareholders vote FOR all the director nominees and meeting resolutions.
YOUR VOTE IS IMPORTANT. VOTE YOUR SHARES FOR AURORA'S DIRECTOR NOMINEES AND MEETING RESOLUTIONS AS SOON AS POSSIBLE
Shareholder Questions & Voting Assistance
Shareholders who have any questions or require assistance with voting may contact Aurora's proxy solicitation agent and shareholder communications advisor:
Kingsdale Advisors
Call: 1-800-749-9052 (Toll Free in
Text or Call: 416-623-4172 (Outside North America)
Visit: www.MyAuroraVote.com
About Aurora
Aurora is a global leader in medical cannabis, dedicated to improving lives through scientific expertise, proven performance, and a deep commitment to patient care. Aurora serves medical markets across
Learn more at www.auroramj.com and follow us on X and LinkedIn.
Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB".
About ISS
ISS is the world's leading provider of corporate governance solutions to the global financial community. More than 1,700 institutional clients rely on the expertise of ISS to help them make more informed investment decisions on behalf of their shareholders.
Forward Looking Information
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include, but are not limited to, statements regarding the Company's Annual General Meeting, the Company's global medical cannabis business and leadership, and the continued focus on building long-term value.
Forward-looking information or statements contained in this news release have been developed based on the Company and its management's good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company's business and operations in the future. Forward-looking information and statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management at the date the statements are made including, among other things, assumptions about: development costs remaining consistent with budgets; the ability to manage anticipated and unanticipated costs; access to favorable equity and debt capital markets; the ability to raise sufficient capital to advance the business of the Company; favorable operating and economic conditions; political and regulatory stability; obtaining and maintaining all required licenses and permits; receipt of governmental approvals and permits; sustained labour stability; stability in financial and capital goods markets; favorable production levels and costs from the Company's operations; the pricing of various cannabis products; the level of demand for cannabis products; the availability of third-party service providers and other inputs for the Company's operations; and the Company's ability to conduct operations in a safe, efficient, and effective manner. The Company does not give any assurance that the assumptions on which forward-looking information or statements are based will prove to be correct, or that the Company's business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company's control. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the availability of additional capital to complete construction projects and facilities improvements, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion to revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises, and other risks as set out under "Risk Factors" contained in the Annual Information Form dated June 10, 2026 (the "2026 AIF"). Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements. The Company cautions that the list of risks, uncertainties and other factors described in the 2026 AIF is not exhaustive and other factors could also adversely affect its results. Although the Company believes that the expectations conveyed by the forward-looking statements are reasonable based on the information available to the Company on the date hereof, no assurance can be given as to future results, approvals or achievements.
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SOURCE Aurora Cannabis Inc.