Electrovaya Announces Results of Annual Meeting of Shareholders

TORONTO, ON - Electrovaya Inc., a leading lithium-ion battery technology and manufacturing company, reported the successful approval of all resolutions at its 2024 Annual General Meeting. The meeting, which convened on March 28th in Toronto, Ontario, marked a significant milestone for the company. Shareholders elected six directors with over 98% approval for each candidate, showcasing strong support for the Company’s leadership.

The elected directors include Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr. Kartick Kumar, and Mr. Steven Berkenfeld. Notably, Dr. Raj DasGupta received the highest approval rating at 99.59%. Additionally, MNP LLP was re-appointed as the company's auditors, further solidifying the operational and governance framework of Electrovaya.

Further details on the voting outcomes and resolutions are accessible in the company's voting results report on SEDAR. This assembly underscores Electrovaya’s progression and shareholders' confidence in its strategic direction and leadership team.