Planet Based Foods Global Inc. Announces Results of Annual General Meeting of Shareholders

Rhea-AI Summary

Planet Based Foods Global (OTC: PBFFF) reported the voting results from its annual general meeting held November 24, 2025 in Vancouver for fiscal years ended December 31, 2023 and 2024.

Key outcomes: 19,585,642 shares voted (55.98% of 34,985,232 outstanding); number of directors set at six; six nominees elected as directors (William Blake Aaron; Olha Yushchenko; Ceri Cukran; Beata Jirava; Kerem Akbas; David Eaton); MNP LLP appointed auditor; approval of the evergreen security-based compensation arrangement (stock option and RSU plans); ratification of past acts. Detailed voting results will be filed on SEDAR+.

Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company" or "PBFG") is pleased to announce the voting results from its annual general meeting of shareholders (the "AGM") held today in Vancouver, British Columbia, for the financial years ended December 31, 2023 and December 31, 2024.

Shareholders approved all matters set out in the Company's Notice of Meeting and Management Information Circular dated October 23, 2025.

A total of 19,585,642 shares were represented in person or by proxy at the AGM, representing 55.98% of the Company's 34,985,232 issued and outstanding shares as of the record date. This total includes 19,563,809 shares represented in person and 21,833 shares represented by proxy.

Number of Directors

Shareholders approved setting the number of directors of the Company at six (6) for the ensuing year.

Election of Directors

Each of the following nominees was elected as a director of the Company to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed:

• William Blake Aaron
• Olha Yushchenko
• Ceri Cukran
• Beata Jirava
• Kerem Akbas
• David Eaton

Appointment of Auditor

Shareholders approved the appointment of MNP LLP, Chartered Accountants, as auditor of the Company for the ensuing year and authorized the Board to fix the auditor's remuneration.

Approval of Evergreen Security-Based Compensation Arrangement

Shareholders approved the Company's evergreen security-based compensation arrangement (which encompasses the Company's stock option plan and restricted share unit plan).

Ratification of Past Acts

Shareholders also approved the ordinary resolution ratifying, confirming and approving all acts, contracts, proceedings, appointments, elections, payments and engagements made by or on behalf of the Company since the last annual general meeting of shareholders.

The detailed voting results will be filed on SEDAR+ under the Company's profile.

About Planet Based Foods Global Inc.

Planet Based Foods Global Inc. is reimagining the future of food through a diverse portfolio of sustainable ingredients, plant-based solutions, and advancements in agricultural technology. With a focus on environmental stewardship, product excellence, and scalable impact, the Company empowers food manufacturers, partners, and consumers to participate in a cleaner, healthier, and more resilient global food system. Planet Based Foods operates with integrity and purpose, delivering products that align with evolving consumer values and contribute to a more sustainable future.

Additional information is available at www.sedarplus.ca.

On Behalf of the Board,

Kerem Akbas
Chairman of the Board, Chief Executive Officer and President
Contact: info@pbfglobal.com

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding future plans, strategies, objectives, expectations, and intentions of Planet Based Foods Global Inc. (the "Company"). These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, without limitation, industry developments, regulatory changes, access to capital, operational challenges, supply chain disruptions, and economic conditions. Actual results may differ materially from those expressed or implied in forward-looking statements. Readers are cautioned not to place undue reliance on these statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by law.

Additional information, including risk factors, is available in the Company's public filings on SEDAR+ at www.sedarplus.ca.

The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this release and accepts no responsibility for its adequacy or accuracy.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275842

FAQ

How many Planet Based Foods Global (PBFFF) shares were represented at the November 24, 2025 AGM?

A total of 19,585,642 shares were represented, equal to 55.98% of 34,985,232 outstanding shares.

Who was elected to the Planet Based Foods Global (PBFFF) board at the November 24, 2025 AGM?

Six directors were elected: William Blake Aaron, Olha Yushchenko, Ceri Cukran, Beata Jirava, Kerem Akbas, and David Eaton.

Did Planet Based Foods Global (PBFFF) approve changes to its compensation plans at the 2025 AGM?

Yes. Shareholders approved an evergreen security-based compensation arrangement covering the company's stock option plan and restricted share unit plan.

Which firm was appointed auditor for Planet Based Foods Global (PBFFF) at the AGM?

MNP LLP was appointed auditor for the ensuing year, with the Board authorized to fix remuneration.

Where can investors find the detailed voting results for Planet Based Foods Global (PBFFF) AGM?

The detailed voting results will be filed under the company's profile on SEDAR+.