Exro Announces Postponement of Annual General Meeting to September

Rhea-AI Summary

Exro Technologies (OTCQB: EXROF), a clean-technology company specializing in power control electronics for electric motors and batteries, has announced the postponement of its Annual General Meeting (AGM) originally scheduled for June 25, 2025. The company plans to reschedule the AGM to September 2025, with the exact date to be announced later. Shareholders will receive updated meeting materials once the new meeting date is confirmed.

Positive

• None.

Negative

• Unexpected postponement of AGM could signal potential internal challenges or governance issues
• Lack of specific new date and explanation for the postponement creates uncertainty

CALGARY, AB, June 16, 2025 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that develops next-generation power control electronics to enhance the performance of electric motors and batteries, today announced that it will not be proceeding with its previously scheduled Annual General Meeting (AGM) on June 25, 2025.

The AGM will be rescheduled to a date in September 2025, with a new meeting date to be confirmed in due course. Shareholders will receive updated meeting materials once the new date has been determined.

ABOUT EXRO TECHNOLOGIES INC.

Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new-generation power control electronics. Its innovative suite of solutions, including Coil Driver™, Cell Driver™, and SEA-Drive®, expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results. 

For more information visit our website at www.exro.com.
To view our Corporate Presentation visit us at www.exro.com/investors
Visit us on social media @exrotech. 

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.

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SOURCE Exro Technologies Inc.

FAQ

Why did Exro Technologies (EXROF) postpone its 2025 AGM?

The press release does not provide a specific reason for the postponement of the AGM from June 25 to September 2025.

When is the new date for Exro Technologies 2025 AGM?

The exact new date in September 2025 has not been announced yet. The company will confirm the specific date and provide updated meeting materials to shareholders in due course.

What does Exro Technologies (EXROF) do?

Exro Technologies is a clean-technology company that develops next-generation power control electronics to enhance the performance of electric motors and batteries.

Will shareholders receive new meeting materials for the postponed Exro AGM?

Yes, shareholders will receive updated meeting materials once the new September 2025 meeting date has been determined.