POET Technologies (PTK) AGM 2024 summary

Opening remarks and agenda

• Meeting held virtually to enable broad shareholder participation, with formal business followed by CEO presentation and Q&A.

• Agenda included election of directors, appointment of auditors, insider option amendment, and approval of the amended omnibus plan.

Board and executive committee updates

• Five directors were nominated and elected to serve until the next annual meeting.

• Additional directors are expected to be appointed through the nomination committee in due course.

Financial performance review

• Approximately $29 million was added to the balance sheet in 2024, improving financial stability through private placements, ATM share sales, and warrant conversions.

• Audited consolidated financial statements for the year ended December 31, 2023, were presented.