Graphite One Reports AGM Approvals and Long-Term Incentive Awards

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) reported shareholder approvals at its annual general and special meeting and grants under its Omnibus Plan.

• At the June 26, 2026 meeting in Vancouver, shareholders approved all matters submitted, including electing Anthony Huston, Douglas Smith, Scott Packman, Bedi A. Singh, Brian Budd and Patrick Smith.
• Shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor and ratified the Amended 20% Fixed Limit Omnibus Incentive Plan.
• By special resolution, shareholders granted the Board authority to consolidate up to ten (10) pre-consolidation shares for every one (1) post-consolidation share (up to 10:1).
• The Board intends to consolidate only for a New York Stock Exchange or NASDAQ listing when necessary or advisable; otherwise, it will not proceed, and TSXV acceptance is required.
• Under the Omnibus Plan, the Board approved 2,809,978 RSUs and 2,809,978 PSUs for senior management, plus 1,000,000 RSUs for a consultant.
• RSUs vest in thirds on June 26, 2027, May 19, 2028 and May 19, 2029; Consultant RSUs vest June 26, 2027.

Management LTI Awards were subject to shareholder approval to increase shares available under the Omnibus Plan and TSXV approval; final TSXV approval remains forward-looking. PSUs convert into one common share on May 19, 2029, subject to corporate share-price criteria.