Greenfirst Forest Products (GFP) EGM 2024 summary

Opening remarks and agenda

• Meeting called to order with confirmation of recording and instructions for shareholder participation.

• Chair welcomed shareholders and outlined that only questions on specific resolutions would be addressed during the formal portion.

• Secretary and scrutineer appointments were confirmed.

• Quorum established with 62.71% of outstanding shares represented.

Specific resolutions to be voted on

• Approval of odd lot consolidation, requiring a two-thirds majority.

• Approval of substantive consolidation, also requiring a two-thirds majority.

• Approval of an arrangement, requiring a two-thirds majority.

• Approval of the Kap Corporation 2024 incentive stock option plan, requiring a simple majority.

Overview of voting outcomes

• Odd lot consolidation resolution passed by the required two-thirds majority.

• Substantive consolidation resolution passed by the required two-thirds majority.

• Arrangement resolution passed by the required two-thirds majority.

• Kap Corporation Option Plan resolution passed by the required simple majority.