Carbon Streaming Announces Annual General Meeting Results

Rhea-AI Summary

Carbon Streaming Corporation (OFSTF) held its annual general meeting where shareholders voted on key matters. All five nominated directors were successfully elected with strong approval ratings ranging from 83.2% to 92.7%. The meeting saw participation from approximately 30.32% of outstanding shares, with 16,029,044 common shares voted. Sam Wong received the highest approval at 92.726%, while other nominees including Marcel de Groot, Olivier P. Garret, Marin Katusa, and Alice Schroeder each received over 83% approval. Shareholders also approved the appointment of Deloitte LLP as the company's auditor.

TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today held its annual general meeting of shareholders (the “Meeting”), where each of the five nominees proposed as directors and listed in the Company’s management proxy circular dated May 6, 2025 were elected as directors.  

A total of 16,029,044 common shares were voted in respect of the election of directors at the Meeting, representing approximately 30.32% of the votes attached to all outstanding common shares.

At the Meeting, the shareholders of the Company also approved the appointment of Deloitte LLP as auditor and authorized the directors to fix their remuneration.

The detailed results of the vote for the election of directors are set out below: 

Nominee	Outcome of Vote	Voted	Voted (%)
Marcel de Groot	Approved	12,531,540 For 2,499,687 Withheld	83.370% 16.630%
Olivier P. Garret	Approved	12,518,740 For 2,512,487 Withheld	83.285% 16.715%
Marin Katusa	Approved	12,585,416 For 2,445,811 Withheld	83.728% 16.272%
Alice Schroeder	Approved	12,517,415 For 2,513,812 Withheld	83.276% 16.724%
Sam Wong	Approved	13,937,826 For 1,093,401 Withheld	92.726% 7.274%

For complete voting results on all matters approved at the Meeting, please see the Company’s Report of Voting Results dated June 18, 2025 available on SEDAR+ at www.sedarplus.ca.

About Carbon Streaming

Carbon Streaming’s focus is on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities, and biodiversity, in addition to their carbon reduction or removal potential.

ON BEHALF OF THE COMPANY:
Marin Katusa, Chief Executive Officer
Tel: 365.607.6095
info@carbonstreaming.com
www.carbonstreaming.com

Investor Relations
investors@carbonstreaming.com

Media
media@carbonstreaming.com

Neither Cboe Canada Inc. nor its Market Regulator (as that term is defined in the Listing Manual of Cboe Canada Inc.) accepts responsibility for the adequacy or accuracy of this release.

FAQ

What were the voting results for Carbon Streaming's (OFSTF) 2025 annual general meeting?

All five directors were elected with approval ratings between 83.2% and 92.7%. Sam Wong received the highest approval at 92.726%, while other nominees received over 83% approval. The meeting had a 30.32% shareholder participation rate.

Who are the newly elected directors of Carbon Streaming (OFSTF)?

The elected directors are Marcel de Groot, Olivier P. Garret, Marin Katusa, Alice Schroeder, and Sam Wong.

What was the shareholder participation rate at Carbon Streaming's 2025 AGM?

The meeting saw participation from approximately 30.32% of outstanding shares, with 16,029,044 common shares voted.

Who was appointed as Carbon Streaming's auditor for 2025?

Shareholders approved the appointment of Deloitte LLP as the company's auditor.