Wesdome Reports Voting Results of Annual General Meeting of Shareholders

Rhea-AI Summary

Wesdome Gold Mines (WDOFF) held its 2025 annual general meeting with 63.99% of total shares represented. Shareholders approved all proposed matters, including the election of eight directors, appointment of Ernst & Young LLP as auditor, and an advisory vote on executive compensation. Notable director election results included Philip Yee with 99.91% approval, Anthea Bath with 99.82%, and Louise Grondin with 99.42%. The auditor appointment received 98.59% approval, while the executive compensation approach was endorsed with 96.88% support.

TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today announces the results of its 2025 annual general meeting of shareholders (the “Meeting”) held earlier today. A replay of the Meeting is available on the Company’s website.

A total of 96,142,077 common shares were represented at the Meeting, representing 63.99% of the total issued and outstanding common shares of the Company.

All matters presented for shareholder approval at the Meeting were approved, as follows:

1. Election of the directors of the Company until the next annual meeting of shareholders;
2. Appointment of Ernst & Young LLP as auditor of the Company and authorizing the directors to fix their remuneration; and
3. Approval of an advisory non-binding resolution accepting the approach to executive compensation disclosed in the Company’s Management Information Circular dated April 16, 2025.

Election of Directors

The following eight individuals were elected as directors of the Company until the next annual meeting of shareholders:

Name of Nominee	Votes For	%  For	Votes Withheld / Abstain	% Withheld / Abstain
Anthea Bath	81,105,296	99.82	144,742	0.18
Edward Dowling	78,420,001	96.52	2,830,037	3.48
Louise Grondin	80,781,276	99.42	468,762	0.58
Jacqueline Ricci	79,794,650	98.21	1,455,388	1.79
Brian Skanderbeg	79,567,138	97.93	1,682,900	2.07
Edie Thome	79,505,421	97.85	1,744,617	2.15
Bill Washington	79,118,462	97.38	2,131,576	2.62
Philip Yee	81,180,828	99.91	69,210	0.09

Appointment of Auditor

Based on proxies received and votes cast during the Meeting, Ernst & Young LLP, Chartered Accountants, were appointed as independent auditor of the Company until the next annual meeting of shareholders and the directors are authorized to fix their remuneration:

	Votes For	% For	Votes Withheld / Abstain	% Withheld / Abstain
Appointment of Auditor	94,790,443	98.59	1,351,634	1.41

Advisory Vote on Executive Compensation

Based on proxies received and votes cast by ballot during the Meeting, the advisory non-binding resolution accepting the approach to executive compensation disclosed in the Company’s Management Information Circular dated April 16, 2025 was approved as follows:

	Votes For	% For	Votes Against	% Against
Advisory Vote on Executive Compensation	78,717,274	96.88	2,532,764	3.12

The Report of Voting Results has been filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Wesdome

Wesdome is a Canadian-focused gold producer with two high-grade underground assets – the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company’s primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a growing value-driven Canadian gold producer.

Raj Gill	Trish Moran
SVP, Corporate Development & Investor Relations	VP, Investor Relations
Phone: +1.416.360.3743	Phone: +1.416.564.4290
E-Mail: invest@wesdome.com	E-mail: trish.moran@wesdome.com

PDF available: http://ml.globenewswire.com/Resource/Download/0a27970e-0e39-4a46-b991-b004a323066c

FAQ

What was the voter turnout at Wesdome Gold Mines' (WDOFF) 2025 annual meeting?

The voter turnout was 96,142,077 common shares, representing 63.99% of the total issued and outstanding common shares of the Company.

Who received the highest approval percentage among Wesdome's directors in the 2025 election?

Philip Yee received the highest approval with 99.91% of votes in favor.

What percentage of shareholders approved Wesdome's executive compensation approach in 2025?

96.88% of shareholders approved the advisory non-binding resolution on executive compensation.

Who was appointed as Wesdome Gold Mines' auditor for 2025?

Ernst & Young LLP was appointed as independent auditor with 98.59% approval from shareholders.