Pioneer Announces Results from Annual General Meeting

Rhea-AI Summary

Pioneer (OTC:PNAIF) reported the voting results from its annual general meeting held on December 18, 2025. Shareholders representing 44,455,773 shares (47.36%) of issued common shares were present in person or by proxy.

All matters in the management information circular were approved by the requisite majority: five directors were elected (each with 44,454,773 votes for, 1,000 withheld — 99.998% for each nominee), the board size was set at five (100% for), D&H Group LLP was appointed auditor (100% for), and the company’s stock option plan was approved (44,454,773 for, 1,000 against — 99.998% for).

Positive

• Board re-elected with 99.998% support for each nominee
• Auditor appointment approved unanimously (100% for)
• Stock option plan approved with 99.998% shareholder support

Negative

• Shareholder turnout was 47.36% of outstanding shares

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) (FSE: 6NU0) ("Pioneer" or the "Company"), is pleased to announce the voting results from its annual general meeting (the "Meeting") held on December 18, 2025. The total number of shares represented by shareholders present in person and by proxy at the Meeting was 44,455,773 shares representing 47.36% of Pioneer's issued and outstanding common shares.

All of the matters put forward before shareholders for consideration and approval, as set out in Pioneer's management information circular dated December 16, 2025, were approved by the requisite majority of votes cast at the Meeting. The details of the voting results for the election of directors are as follows:

Nominee	Votes For	Votes Withheld
Julia Becker	44,454,773 (99.998%)	1000 (0.002%)
Olivia Edwards	44,454,773 (99.998%)	1000 (0.002%)
Matthew Lodge	44,454,773 (99.998%)	1000 (0.002%)
Mark Rutledge	44,454,773 (99.998%)	1000 (0.002%)
Darcy Taylor	44,454,773 (99.998%)	1000 (0.002%)

 

The shareholders also: (1) approved setting the number of directors at 5; (2) approved the appointment of D&H Group LLP, Chartered Professional Accountants, as auditors of the Company and authorized the directors to fix the auditors' remuneration; and 3) approved the Company's stock option plan.

Results of the shareholder votes on these items are set forth below:

Resolution	Votes For	Votes Against	Votes Withheld
Setting the number of  directors at five	44,455,773 (100%)	Nil (0%)	N/A
Appointing D&H Group LLP, Chartered Professional Accountants as the Company's auditors	44,455,773 (100%)	N/A	Nil (0%)
Approval of Stock Option  Plan	44,454,773 (99.998%)	1000 (0.002%)	N/A
Other Matters	44,454,773 (99.998%)	1000 (0.002%)	N/A

 

ABOUT PIONEER AI FOUNDRY INC.

Pioneer AI Foundry Inc. (Cboe Ca: JPEG) is a publicly listed venture builder advancing agentic AI at the intersection of artificial intelligence and decentralized finance. Through its subsidiary Kora AI Pte Ltd, Pioneer has developed KORA, an AI-driven product focused on DeFi that is currently in private beta testing. The Company also maintains strategic minority equity interests in ventures driving innovation in AI and Bitcoin treasury strategies. These include Cykel AI Plc, Sundae Bar Plc, Supernova Digital Assets Plc. and Satsuma Technology Plc.

For more information, visit www.p10neer.ai or www.sedarplus.ca.

ON BEHALF OF PIONEER AI FOUNDRY INC.

"Darcy Taylor"

CEO & Director
ir@p10neer.com

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, and such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278655

FAQ

What were the Pioneer (PNAIF) AGM voting results on December 18, 2025?

Shareholders representing 44,455,773 shares (47.36%) voted; all proposals were approved by the requisite majority.

Which directors were re-elected at PNAIF's December 18, 2025 AGM?

Julia Becker, Olivia Edwards, Matthew Lodge, Mark Rutledge and Darcy Taylor were re-elected, each with 44,454,773 votes for (99.998%).

Did Pioneer (PNAIF) approve a stock option plan at the 2025 AGM?

Yes; the stock option plan was approved with 44,454,773 votes for (99.998%).

Who was appointed auditor for Pioneer (PNAIF) at the December 18, 2025 meeting?

D&H Group LLP, Chartered Professional Accountants was appointed auditor with 100% approval.

What percentage of Pioneer (PNAIF) shares were represented at the December 18, 2025 AGM?

47.36% of Pioneer's issued and outstanding common shares were represented in person or by proxy.

Was the number of directors for Pioneer (PNAIF) changed at the 2025 AGM?

Shareholders approved setting the board size at five directors with 100% support.