Appili Therapeutics Announces Results of Annual and Special Meeting of Shareholders

Rhea-AI Summary

Appili Therapeutics (OTCPink: APLIF), a biopharmaceutical company specializing in infectious diseases and biodefense drug development, held its annual and special meeting of shareholders with all proposed resolutions receiving approval.

The shareholders elected six directors to the board with overwhelming support, each receiving over 99% approval: Don Cilla, Brian Bloom, Theresa Matkovits, Juergen Froehlich, Armand Balboni, and Prakash Gowd. Additionally, shareholders approved the reappointment of PricewaterhouseCoopers as auditors, and endorsed the company's rolling 10% stock option plan and equity incentive plan.

Positive

• Strong shareholder support with all directors receiving over 99% approval votes
• Approval of stock option and equity incentive plans provides flexibility for talent retention

Negative

• None.

News Market Reaction – APLIF

+63.19%

1 alert

+63.19% News Effect

On the day this news was published, APLIF gained 63.19%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HALIFAX, Nova Scotia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and biodefense, today announced the results from its annual and special meeting of shareholders held earlier today (the “Meeting”).

Based on the proxies received and the vote conducted at the Meeting, all tabled resolutions were approved by the shareholders of the Company (the “Shareholders”), including the election of the following directors for the ensuing year: Don Cilla, Brian Bloom, Theresa Matkovits, Juergen Froehlich, Armand Balboni and Prakash Gowd.

Voting results for each director are summarized below:

Name of Nominee	Votes For	Votes Against/Withheld
Don Cilla	23,473,607 (99.39%)	144,875 (0.61%)
Brian Bloom	23,479,607 (99.41%)	138,875 (0.59%)
Theresa Matkovits	23,581,692 (99.84%)	36,790 (0.16%)
Juergen Froehlich	23,581,692 (99.84%)	36,790 (0.16%)
Armand Balboni	23,473,607 (99.39%)	144,875 (0.61%)
Prakash Gowd	23,581,692 (99.84%)	36,790 (0.16%)

In addition to the election of the directors of the Company as noted above, the Shareholders:

• re-appointed PricewaterhouseCoopers, LLP, Chartered Accountants, as the independent auditor of the Company for the ensuing year and authorized the directors of the Company to fix their remuneration;
• approved unallocated options, rights or other entitlements under the Company’s rolling 10% stock option plan; and
• approved unallocated awards, rights or other entitlements under the Company’s equity incentive plan.
  

The Company has filed a report of the voting results on all resolutions voted on the Meeting on the Company’s SEDAR+ profile at www.sedarplus.ca.    

About Appili Therapeutics

Appili Therapeutics is a biopharmaceutical company that is purposefully built, portfolio-driven, and people-focused to fulfill its mission of solving life-threatening infections. By systematically identifying urgent infections with unmet needs, Appili’s goal is to strategically develop a pipeline of novel therapies to prevent deaths and improve lives. The Company is currently advancing a diverse range of anti-infectives, including an FDA-approved ready-made suspension of metronidazole for the treatment of antimicrobial resistant infections, a vaccine candidate to prevent tularemia, a serious biological weapon threat, and a topical antiparasitic for the treatment of cutaneous leishmaniasis, a disfiguring disease. Led by a proven management team, Appili is at the center of the global fight against infection. For more information, visit www.AppiliTherapeutics.com.

Media Contact:
Jenna McNeil, Communications Manager
Appili Therapeutics
E: JMcNeil@AppiliTherapeutics.com

Investor Relations Contact:
Don Cilla, President and CEO
Appili Therapeutics
E: Info@AppiliTherapeutics.com

FAQ

Who are the newly elected directors of Appili Therapeutics (APLIF)?

The six elected directors are Don Cilla, Brian Bloom, Theresa Matkovits, Juergen Froehlich, Armand Balboni, and Prakash Gowd, each receiving over 99% shareholder approval.

What key resolutions were approved at Appili Therapeutics' 2025 annual meeting?

Shareholders approved the election of six directors, reappointment of PricewaterhouseCoopers as auditors, and the company's rolling 10% stock option plan and equity incentive plan.

What was the voting percentage for Appili Therapeutics' director elections?

All directors received overwhelming support with approval rates ranging from 99.39% to 99.84%, with Theresa Matkovits, Juergen Froehlich, and Prakash Gowd receiving the highest approval at 99.84%.

Where can investors find detailed voting results for Appili Therapeutics' annual meeting?

Detailed voting results have been filed on Appili Therapeutics' SEDAR+ profile at www.sedarplus.ca.