PyroGenesis Reports Voting Results from 2025 Annual Meeting of Shareholders

Rhea-AI Summary

PyroGenesis (OTCQX: PYRGF), a company specializing in electric plasma processes and sustainable solutions for heavy industry, held its 2025 annual shareholder meeting virtually on June 26, 2025. The meeting saw 38% participation of issued and outstanding shares.

All director nominees were successfully elected with overwhelming support, each receiving over 99.7% approval. The company also confirmed the reappointment of Raymond Chabot Grant Thornton LLP as its auditor.

MONTREAL, June 27, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced the voting results from its annual meeting of shareholders held on June 26, 2025, in a virtual format.

A total of approximately 38% of the issued and outstanding common shares of PyroGenesis were represented at the meeting.

All of the nominees for election as directors of PyroGenesis referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominees	For	% For		Against	% Against
Alan Curleigh	66,850,363	99.79%		142,177	0.21%
P. Peter Pascali	66,871,166	99.82%		121,374	0.18%
Robert M. Radin	66,799,788	99.71%		192,752	0.29%
Andrew Abdalla	66,879,679	99.83%		112,861	0.17%
Virendra Jha	66,831,729	99.76%		160,811	0.24%
Ben Naccarato	66,879,288	99.83%		113,252	0.17%
Nannette Ramsey	66,869,718	99.82%		122,822	0.18%
Paul Rajchgod	66,868,604	99.82%		123,936	0.18%

Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditor of PyroGenesis.

Final voting results on all matters voted on at the meeting can be found under PyroGenesis’ profile on SEDAR+ at www.sedarplus.ca.

About PyroGenesis Inc.

PyroGenesis Inc., a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional “dirty” processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m² and 2,940 m² manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization.  The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis’ shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1).

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under “Risk Factors” in PyroGenesis’ latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis’ profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws.

Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.

For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
E-mail: ir@pyrogenesis.com
http://www.pyrogenesis.com

FAQ

What were the voting results for PyroGenesis (PYRGF) 2025 annual shareholder meeting?

All director nominees were elected with strong support, each receiving over 99.7% of votes in favor. The meeting had 38% shareholder participation.

Who are the board members elected at PyroGenesis 2025 annual meeting?

The elected board members include P. Peter Pascali, Alan Curleigh, Robert M. Radin, Andrew Abdalla, Virendra Jha, Ben Naccarato, Nannette Ramsey, and Paul Rajchgod.

What was the shareholder participation rate at PyroGenesis 2025 annual meeting?

Approximately 38% of the issued and outstanding common shares of PyroGenesis were represented at the virtual meeting.

Who was appointed as PyroGenesis auditor for 2025?

Shareholders approved the reappointment of Raymond Chabot Grant Thornton LLP as PyroGenesis' auditor.