Enterprise Group Announces Annual Meeting Results

Rhea-AI Summary

Enterprise Group (OTC:ETOLF, TSX:E) reported results of its June 25, 2026 annual and special shareholder meeting. All five director nominees were elected with between 97.800% and 99.272% of votes cast in favour. Doane Grant Thornton LLP was reappointed as auditor.

Shareholders also approved a special resolution to change the company’s name to Evolution PowerX Corp., with 98.488% of votes cast supporting the amendment to the articles.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• All five director nominees received at least 97.800% votes in favour
• Name change to Evolution PowerX Corp. approved with 98.488% shareholder support

Negative

• None.

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St. Albert, Alberta--(Newsfile Corp. - June 29, 2026) - Enterprise Group, Inc. (TSX: E) ("Enterprise" or the "Company") announces the voting results of its annual and special meeting of shareholders held on June 25, 2026. The detailed results of the vote are set out below.

Election of Directors

The following nominees were elected as directors of the Company to hold office until the next annual meeting of the shareholders:

Nominee	Votes For	%	Votes Withheld	%
Leonard Jaroszuk	42,229,509	97.800%	949,769	2.200%
John Pinsent	42,708,332	98.909%	470,946	1.091%
Desmond O'Kell	42,864,877	99.272%	314,401	0.728%
John Campbell	42,699,299	98.888%	479,979	1.112%
Neil Darling	42,710,632	98.915%	468,646	1.085%

 

Appointment of Auditors

By vote by way of a show of hands, Doane Grant Thornton LLP, Chartered Professional Accountants, of Edmonton, Alberta, were appointed auditors of the Company.

Change of Corporate Name

The special resolution to approve amending the articles of the Company to change the name of the Company from Enterprise Group, Inc. to Evolution PowerX Corp. was passed with 98.488% of votes cast in favour of the resolution and 1.512% of votes cast against the resolution.

About Enterprise Group, Inc.

Enterprise is a consolidator of energy services and specialized equipment focused primarily on power systems, energy infrastructure, and complementary site infrastructure solutions supporting the energy, resource, industrial, and infrastructure sectors. The Company's evolving power platform is focused on natural gas turbine generation, distributed power systems, and integrated microgrid solutions designed to improve reliability, reduce emissions, and displace diesel-based generation systems. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca.

For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President
contact@enterprisegrp.ca
780-418-4400

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303217

FAQ

What were the 2026 director election results for Enterprise Group (OTC:ETOLF)?

All Enterprise Group director nominees were elected, each receiving at least 97.800% of votes cast in favour. According to Enterprise Group, support ranged from 97.800% to 99.272% across the five nominees listed in the meeting voting results.

Did Enterprise Group shareholders approve the 2026 name change to Evolution PowerX Corp (ETOLF)?

Yes, shareholders approved changing Enterprise Group’s name to Evolution PowerX Corp. The special resolution received 98.488% of votes cast in favour. According to Enterprise Group, only 1.512% of votes were cast against the name-change amendment to the articles.

Who was appointed auditor at Enterprise Group’s June 25, 2026 shareholder meeting?

Doane Grant Thornton LLP, Chartered Professional Accountants, was appointed as Enterprise Group’s auditor. According to Enterprise Group, the appointment of the Edmonton-based firm was approved by a vote conducted by way of a show of hands at the annual and special meeting.

When was Enterprise Group’s 2026 annual and special shareholder meeting held?

Enterprise Group held its annual and special shareholder meeting on June 25, 2026. According to Enterprise Group, voting at the meeting covered director elections, the appointment of Doane Grant Thornton LLP as auditor, and the special resolution to change the corporate name.

What percentage of votes supported Enterprise Group’s 2026 name-change resolution (ETOLF)?

The name-change resolution received 98.488% of votes cast in favour. According to Enterprise Group, 1.512% of votes were cast against changing the corporate name from Enterprise Group to Evolution PowerX Corp. The resolution involved amending the company’s articles.

Which Enterprise Group director nominee received the highest support in the 2026 vote?

Desmond O’Kell received the highest support, with 99.272% of votes cast in favour. According to Enterprise Group, O’Kell had 42,864,877 votes for and 314,401 votes withheld, the strongest approval among the five director nominees elected at the meeting.