DIRTT Environmental Solutions (DRTT) EGM 2024 summary

Opening remarks and agenda

• The meeting was called to order by the Chair, who welcomed shareholders and outlined the virtual format and participation procedures.

• The appointment of the Recording Secretary and scrutineers was confirmed.

• Quorum was confirmed, and the scrutineers' report was made available for inspection.

Specific resolutions to be voted on

• The main resolution was the ratification, confirmation, and approval of the shareholder rights agreement.

• The resolution required a simple majority from three groups: all shareholders, all shareholders excluding certain major holders, and all independent shareholders.

• Abstentions and broker non-votes were not counted towards the total votes cast.

Shareholder proposals specific to EGM

• The shareholder rights plan was proposed to ensure fair treatment in the event of an unsolicited takeover bid or acquisition of control.

• The plan aims to prevent hostile takeovers and protect against lock-up agreements that could preclude competitive bids.

• The TSX has conditionally accepted the plan, pending final approval.