AGEDB Technology Adopts Advance Notice Policy
VANCOUVER, BC , Oct. 16, 2025 /CNW/ - AGEDB Technology Ltd. ("AGEDB" or the "Company") (TSXV: AGET) announces that the board of directors of the Company (the "Board") has approved the adoption of an advance notice policy (the "Policy") to provide shareholders, directors and management of AGEDB with a clear framework for nominating directors. The Policy is meant to: (i) facilitate an orderly and efficient annual and/or special meeting process; (ii) ensure all shareholders receive adequate notice of director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote, having been afforded reasonable time for appropriate deliberation.
The Policy contains a provision that requires advance notice to AGEDB in circumstances where nominations of persons for election to the Board are made by shareholders of AGEDB. The Policy fixes deadlines by which shareholders of record of AGEDB must submit director nominations to AGEDB prior to any annual or special meeting of shareholders, and sets forth the information a shareholder must include in the notice to AGEDB for an effective nomination to occur. No person will be eligible for election as a director of AGEDB unless nominated in accordance with the provisions of the Policy.
In the case of an annual meeting of shareholders, the deadline for notice to AGEDB pursuant to the Policy is not less than 30 days, prior to the date of the annual meeting of shareholders; provided, however, that in the event that the annual meeting of shareholders is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.
In the case of a special meeting (which is not also an annual meeting) of shareholders called for the purpose of electing directors (whether or not called for any other purposes), the deadline for notice to AGEDB pursuant to the Policy is no later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.
At the Annual General and Special Meeting of shareholders to be held on November 17, 2025, the Company will ask shareholders to ratify and confirm the adoption of the Policy. The Board has adopted the Policy and it will be effective and in full force and effect as of October 16, 2025.
The full text of the Policy is available on SEDAR+ at www.sedarplus.ca or upon request by contacting the Company by email at kelly@niacorporateservices.com.
AGEDB Technology Ltd.
On behalf of the board of directors,
"Jungsoo Kim"
CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
SOURCE AGEDB Technology Ltd.