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Filed by newsfilecorp.com Report of Voting Results Submitted Pursuant to Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations In accordance with Section 11.3 of National Instrument 51-102 - Cont

Key Takeaway: ImmunoPrecise Antibodies Ltd. held its annual general meeting on November 9, 2023, via live webcast, where shareholders voted on key corporate matters. All five proposed nominees for the board of directors were elected, achieving over 93% approval. Additionally, Grant Thornton LLP was reappointed as the Corporation's auditors, also with strong backing. These results reflect robust shareholder confidence in the management team.

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POSITIVE FACTORS

  • The annual general meeting had a high voter turnout with significant support for the nominated directors.
  • All five director nominees were elected with strong percentages.
  • The reappointment of the auditors received overwhelming approval.

Full Press Release Details

Report of Voting Results
Submitted Pursuant to
Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations
In accordance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, this report describes the matters voted upon and the outcome of the votes at the annual general meeting of shareholders of ImmunoPrecise Antibodies Ltd. (the "Corporation") held on November 9, 2023, via live webcast (the "Meeting"). Each of the matters is described in greater detail in the Corporation's management information circular dated October 16, 2023 (the "Circular").
(a) The number of directors was set at five. The following are the voting results on this matter:
FOR % FOR AGAINST % AGAINST
Number of Directors 8,516,846 93.29% 612,909 6.71%
(b) In the Circular, management of the Corporation proposed five nominees for election as directors of the Corporation for the ensuing year or until their successors are duly elected or appointed. All five nominees were elected. The following are the voting results on this matter:
FOR % FOR WITHHELD % WITHHELD
Jennifer L. Bath 6,985,276 94.46% 409,710 5.54%
Chris Buyse 7,325,144 99.06% 69,842 0.94%
Mitch Levine 7,324,705 99.05% 70,281 0.95%
Barry A. Springer 7,324,876 99.05% 70,110 0.95%
Dirk Witters 7,335,209 99.19% 59,777 0.81%
(c) Grant Thornton LLP was reappointed as the Corporation's auditors and the directors were authorized to fix the remuneration to be paid to the auditors. The following are the voting results on this matter:
FOR % FOR WITHHELD % WITHHELD
Reappointment of Auditors 8,974,183 98.30% 155,573 1.70%
Dated this 16th day of November 2023.
IMMUNOPRECISE ANTIBODIES LTD.
By: (signed) Kristin Taylor
Name: Kristin Taylor
Title: Chief Financial Officer

Frequently Asked Questions

When was the annual general meeting of ImmunoPrecise held?

The meeting occurred on November 9, 2023.

How many directors were elected at the meeting?

Five directors were elected at the annual general meeting.

Who was reappointed as the auditors for ImmunoPrecise?

Grant Thornton LLP was reappointed as the Corporation's auditors.

What percentage voted for the number of directors?

93.29% of the votes supported setting the number of directors at five.

What was the turnout for Jennifer L. Bath's election?

Jennifer L. Bath received 94.46% of the votes in her favor.

Last updated: Nov 9, 2023