FRNT Financial Reports Voting Results from Annual General and Special Meeting

Rhea-AI Summary

FRNT Financial (OTCQB: FRFLF) reported shareholder voting results from its Annual General and Special Meeting held on December 11, 2025. A total of 19,878,362 common shares were voted, representing 46.72% of outstanding common shares.

All matters in the company's Notice of Meeting and Information Circular (dated November 5, 2025) were approved by the requisite majority. Incumbent directors Stéphane Ouellette, Adam Rabie, Dan Cristall, Eric Richmond, and Geoffrey Browne were re-elected. Baker Tilly WM LLP was re-appointed as auditor for the ensuing year with remuneration to be fixed by the board.

The company’s 20% fixed stock option plan was approved, increasing the number of common shares reserved for issuance to 8,509,180.

Positive

• Shareholder participation: 19,878,362 votes (46.72% of shares)
• All meeting proposals approved by the requisite majority
• Board continuity maintained with re-election of 5 incumbent directors
• Auditor stability: Baker Tilly WM LLP re-appointed
• Approved 20% fixed option plan with 8,509,180 shares reserved

Negative

• Authorizes up to 20% potential dilution via the fixed option plan
• Increase to 8,509,180 reserved shares may dilute existing shareholders if fully issued

Toronto, Ontario--(Newsfile Corp. - December 11, 2025) - FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) (FSE: XZ3) ("FRNT" or the "Company") is pleased to announce the voting results from the Company's Annual General and Special Meeting of the Shareholders (the "Meeting") held on December 11, 2025. A total of 19,878,362 common shares were voted, representing the votes attached to 46.72% of all outstanding common shares. All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular (the "Circular"), both dated November 5, 2025, were approved by the requisite majority of votes cast at the Meeting.

Election of Directors
Each of the incumbent members of the board of directors, being Stéphane Ouellette, Adam Rabie, Dan Cristall, Eric Richmond and Geoffrey Browne, were re-elected.

Appointment of Auditor
Baker Tilly WM LLP was re-appointed auditors of the Company for the ensuing year with the remuneration to be fixed by the directors.

Approval of 20% Fixed Option Plan
The Company's 20% fixed stock option plan was approved and, accordingly, the amount of common shares reserved for issuance thereunder has been increased to 8,509,180.

About FRNT Financial Inc.
FRNT is a digital asset investment bank offering capital markets and advisory services to institutional investors participating in or entering the space. The Company aims to bridge the worlds of traditional and web-based finances with a technology forward and compliant operation. Business lines include deliverable trading services, structured derivative products, merchant banking, advisory, consulting, lending origination and principal investments. Headquartered in Toronto, FRNT was co-founded in 2018 by CEO Stéphane Ouellette.

FRNT FINANCIAL INC.
Chief Executive Officer
Stéphane Ouellette
investors@frnt.io
833 222-3768
https://www.frnt.io

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277817

FAQ

How many FRNT Financial (FRFLF) shares were voted at the December 11, 2025 meeting?

A total of 19,878,362 common shares were voted, representing 46.72% of outstanding common shares.

Were FRNT Financial’s directors re-elected at the December 11, 2025 meeting (FRFLF)?

Yes. Incumbent directors Stéphane Ouellette, Adam Rabie, Dan Cristall, Eric Richmond, and Geoffrey Browne were re-elected.

Who was appointed auditor for FRNT Financial (FRFLF) for the ensuing year?

Baker Tilly WM LLP was re-appointed auditor, with remuneration to be fixed by the directors.

What change to the stock option plan did FRNT Financial (FRFLF) approve on December 11, 2025?

Shareholders approved a 20% fixed stock option plan, increasing shares reserved for issuance to 8,509,180.

What does the approved 20% fixed option plan mean for FRNT Financial (FRFLF) shareholders?

It authorizes options representing up to 20% of outstanding common shares, which could lead to dilution if fully issued.