POET Technologies (PTK) AGM 2024 summary

Opening remarks and agenda

• The meeting was held virtually to enable broad shareholder participation and included formal business, a CEO presentation, and a Q&A session.

• The agenda covered election of directors, appointment of auditors, insider option amendment, and approval of an 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 the normal course.

Financial performance review

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

• Audited consolidated financial statements for the year ended December 31, 2023, were presented and made available to shareholders.