Tantalus Systems Announces Voting Results for Annual General and Special Meeting

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Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) held its annual general and special meeting on June 10, 2025, where shareholders voted on key corporate matters. All eight director nominees were successfully elected with overwhelming support, each receiving over 99.9% of votes in favor. The company also appointed Ernst & Young LLP as auditors and approved an amended and restated omnibus long term incentive plan. Notable directors elected include Laura Formusa, Dr. Francis J. Harvey, Peter Londa, and David McLennan, among others. The meeting demonstrated strong shareholder alignment with management's proposals.

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Burnaby, British Columbia--(Newsfile Corp. - June 10, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, today announced the voting results of the Company's annual general and special meeting of shareholders held on June 10, 2025 (the "Meeting").

Election of Directors

The following eight nominees of management were elected as directors at the Meeting. The voting results for the election of each director nominee are as follows:

Name of Nominee	Votes For		Votes Withheld
	Number of Votes	Percentage of Votes	Number of Votes	Percentage of Votes
Laura Formusa	35,858,750	99.99%	2,805	0.01%
Dr. Francis J. Harvey	35,859,555	99.99%	2,000	0.01%
Tom Liston	35,857,812	99.99%	3,743	0.01%
Peter Londa	35,859,555	99.99%	2,000	0.01%
John McEwen	35,858,700	99.99%	2,855	0.01%
Greg Williams	35,840,457	99.94%	21,098	0.06%
Kristi Honey	35,840,540	99.94%	21,015	0.06%
David McLennan	35,858,667	99.99%	2,888	0.01%

 

Appointment of Auditors

At the Meeting, Ernst & Young LLP was appointed as auditors of the Company for the ensuing year, at a remuneration to be fixed by the directors.

Approval of Amended and Restated Omnibus Long Term Incentive Plan

At the Meeting, the amended and restated omnibus long term incentive plan and all unallocated options, rights, and other entitlements thereunder were approved by an ordinary resolution of disinterested shareholders.

About Tantalus Systems Holding Inc. (TSX: GRID)

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at http://www.tantalus.com/.

Contact Tantalus:

Deborah Honig
Investor Relations
647-203-8793 | deborah@adcap.ca

Website: www.tantalus.com
Linkedin: Linkedin/company/tantalus
X (formerly Twitter): @TantalusCorp

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255130

FAQ

Who are the directors elected at Tantalus Systems (TGMPF) 2025 annual meeting?

Eight directors were elected: Laura Formusa, Dr. Francis J. Harvey, Tom Liston, Peter Londa, John McEwen, Greg Williams, Kristi Honey, and David McLennan, each receiving over 99.9% of votes in favor.

What was the voting percentage for Tantalus Systems (TGMPF) directors in 2025?

Most directors received 99.99% votes in favor, with Greg Williams and Kristi Honey receiving 99.94% favorable votes.

Who was appointed as Tantalus Systems auditor for 2025?

Ernst & Young LLP was appointed as auditors of the company for the ensuing year.

What additional proposals were approved at Tantalus Systems 2025 annual meeting?

Shareholders approved an amended and restated omnibus long term incentive plan and all unallocated options, rights, and other entitlements through an ordinary resolution of disinterested shareholders.