Currency Exchange International Announces Voting Results from Annual General and Special Meeting March 24, 2026

Rhea-AI Summary

Currency Exchange International (CURN) reported shareholder voting results from its Annual General and Special Meeting on March 24, 2026. Voter turnout was 4,873,195 shares (81.40%) of issued common shares. Directors were elected with mixed support; Chirag Bhavsar and Randolph Pinna received ~99.6% and 99.77% support respectively.

Shareholders approved appointment of BDO USA, P.C. as auditors (~99.98% approval), adopted a Shareholder Rights Plan (~81.78% approval), and approved the Company’s long-term incentive plan (~62.34% approval of votes cast).

Positive

• High shareholder turnout: 81.40% of outstanding shares represented
• Auditor appointment approved with 99.98% support
• Shareholder Rights Plan adopted with 81.78% approval
• Chirag Bhavsar and Randolph Pinna re-elected with >99.6% support

Negative

• Several directors received ~83% support with ~16% withheld votes
• Long-term incentive plan approved with a relatively low 62.34% support

News Market Reaction – CURN

+3.06%

+3.06% Session close to close

In the Mar 25 session, CURN gained 3.06%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ORLANDO, FL / ACCESS Newswire / March 24, 2026 / Currency Exchange International, Corp. (the "Company" or "CXI") (TSX:CXI)(OTCQX:CURN), is pleased to announce the voting results for the Company's Annual General and Special Meeting of shareholders held on March 24, 2026 (the "Meeting"). A total of 4,873,195 common shares of the Company (the "Common Shares"), being 81.40% of the issued and outstanding Common Shares as of the record date of February 3, 2026, were present in person or represented by proxy at the Meeting.

The nominees listed in the management information circular dated February 3, 2026 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below:

Nominee	Votes For	%	Withheld	%
Chirag Bhavsar	3,817,129	99.60%	15,176	0.40%
Chitwant Kohli	3,203,618	83.60%	628,687	16.40%
Mark Mickleborough	3,203,118	83.58%	629,187	16.42%
Stacey Mowbray	3,189,618	83.23%	642,687	16.77%
Randolph W. Pinna	3,823,339	99.77%	8,966	0.23%
V. James Sardo	3,204,418	83.62%	627,887	16.38%
Daryl Yeo	3,214,409	83.88%	617,896	16.12%

Shareholders also approved resolutions appointing BDO USA, P.C. as the Company's auditors, and adopted a resolution approving a Shareholder Rights Plan, with approximately 99.98% and 81.78% approval of the votes attached to all outstanding shares represented in person or by proxy at the Meeting, respectively.

Disinterested Shareholders also adopted a resolution approving the long-term incentive plan of the Company, with approximately 62.34% approval of the votes cast in person or by proxy at the Meeting.

For more information, please refer to the Company's information circular dated February 3, 2026, available on its SEDAR profile at www.sedarplus.com.

About Currency Exchange International, Corp.

Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com ("CXIFX"), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through retail branches, agent retail branches, and its e-commerce platform, order.ceifx.com ("OnlineFX").

Contact Information
For further information please contact:
Bill Mitoulas, Investor Relations
(416) 479-9547
Email: bill.mitoulas@cxifx.com
Website: www.cxifx.com

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this press release.

SOURCE: Currency Exchange International, Corp.

View the original press release on ACCESS Newswire

FAQ

What shareholder turnout did Currency Exchange International (CURN) report at the March 24, 2026 meeting?

Turnout was 4,873,195 shares (81.40%) of issued common shares present or by proxy. According to the company, that represents shares outstanding as of the February 3, 2026 record date and shows strong participation.

Which directors received the strongest re-election support at Currency Exchange International (CURN) on March 24, 2026?

Chirag Bhavsar and Randolph Pinna received the strongest support, with ~99.60% and ~99.77% votes for. According to the company, both nominees were elected and recorded near-unanimous shareholder approval.

Did Currency Exchange International (CURN) approve a Shareholder Rights Plan at the March 24, 2026 meeting?

Yes, the Shareholder Rights Plan was adopted with approximately 81.78% approval of votes represented at the meeting. According to the company, the resolution passed by a clear majority of shareholders present or by proxy.

Was the long-term incentive plan approved for Currency Exchange International (CURN) on March 24, 2026?

Yes, the long-term incentive plan was approved with about 62.34% of votes cast in favor at the meeting. According to the company, the measure passed but with noticeably lower shareholder support than other resolutions.

Who was appointed as Currency Exchange International’s (CURN) auditor at the March 24, 2026 meeting?

BDO USA, P.C. was appointed as the company's auditor with approximately 99.98% approval. According to the company, shareholders overwhelmingly supported the auditor appointment at the meeting.