Keel Infrastructure (KEEL) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order with all directors and key executives present, including the CEO, CFO, and General Counsel.

• TSX Trust Company appointed as scrutineer for the meeting.

• Notice of meeting and management circular distributed to all shareholders as of the record date.

• Quorum established with 29.399% of outstanding shares represented by proxy or management proxy.

• Voting conducted electronically via live webcast.

Shareholder proposals

• Shareholders considered a special resolution to approve a plan of arrangement exchanging each Bitfarms share for one share of Keel Infrastructure Corp, a new Delaware entity that will become the parent company.

• Board of Directors unanimously recommended voting in favor of the arrangement.

• Independent proxy advisory firms, including ISS, also recommended voting in favor.

Overview of voting outcomes

• Arrangement Resolution required at least 66 2/3% approval from votes cast.

• 173,274,022 shares voted in favor, 1,173,232 shares voted against, based on management proxies.

• Arrangement Resolution declared passed; final voting results to be disclosed in a press release and meeting minutes.