NanoXplore Announces Results of Annual Meeting of Shareholders

NanoXplore Inc. (“

NanoXplore

” or the “

Corporation

”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, held its Annual Meeting of Shareholders (the “Meeting”) in person on December 5, 2024. All resolutions were adopted by the shareholders.

Altogether, 90,977,275 shares (53.3% of outstanding common shares) were accounted for at the Meeting. As part of the formal proceedings, the Corporation’s shareholders elected the Board of Directors and approved the appointment of PricewaterhouseCoopers LLP as independent auditor of the Corporation. The complete voting results from the Meeting are presented below.

Election of Directors

The Board of Directors fixed at nine the number of directors of the Corporation to be elected at the Meeting. Each of the nine nominees listed in the Management Information Circular was elected as a director of NanoXplore. All of the nominee directors were already members of the Board of Directors of the Corporation.

Nominee	Votes For		Votes Against
	#	%	#	%
Rob Wildeboer	88,458,079	99.985	13,102	0.015
Benoît Gascon	87,067,781	98.414	1,403,400	1.586
Soroush Nazarpour	88,446,374	99.972	24,807	0.028
Cameron Harris	88,414,997	99.936	56,184	0.064
Arinder S. Mahal	88,368,262	99.884	102,919	0.116
Joseph G. Peter	88,413,369	99.935	57,812	0.065
Catherine Loubier	88,408,492	99.972	62,689	0.071
Jesse C.H. Stanley	88,410,572	99.931	60,609	0.069
Hélène V. Gagnon	88,382,297	99.900	88,884	0.100

Appointment of Auditor

PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of NanoXplore until the close of the next Annual Meeting of Shareholders, and the directors were authorized to fix the remuneration of the auditor.

Votes For		Votes Withheld
#	%	#	%
90,940,821	99.960%	36,454	0.040

About NanoXplore Inc.

NanoXplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. Also, the Corporation provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. The Corporation is also a silicon‑graphene-enhanced Li-ion battery manufacturer for the Electric Vehicle and grid storage markets. NanoXplore is headquartered in Montreal, Quebec with manufacturing facilities in Canada, the United States and Switzerland.

For further information, please contact:

Pierre Yves Terrisse Vice-President Corporate Development [e-mail] Tel: [phone]