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Cronos Group Inc. Announces Results of 2024 Annual Meeting of Shareholders
Cronos GroupCronos Group(US:CRON) GlobeNewswire News Room·2024-06-21 20:30

Company Overview - Cronos Group Inc. is an innovative global cannabinoid company focused on advancing cannabis research, technology, and product development [3] - The company aims to build a disruptive intellectual property portfolio and an iconic brand portfolio, which includes brands like Spinach®, PEACE NATURALS®, and Lord Jones® [3] Shareholder Meeting Results - At the Annual Meeting of Shareholders held on June 20, 2024, shareholders representing 71.75% of the total common shares voted, totaling 274,097,252 shares [5] - All nominated directors were elected with over 93.4% of votes in favor, with individual percentages ranging from 93.44% to 98.71% [1][6] - An advisory resolution on the compensation of named executive officers received 96.19% approval from shareholders [1] Auditor Appointment - The meeting was adjourned to allow the company to complete the search for a successor independent auditor, as the proposal for the appointment was not presented [6] - Shareholders will vote on the appointment of the successor independent auditor and the authorization of the Board to fix the auditor's remuneration at the reconvened meeting [6]