AVANTE CORP. RESPONDS TO DISSIDENT SHAREHOLDER; ENCOURAGES SHAREHOLDERS TO VOTE AT UPCOMING ANNUAL GENERAL AND SPECIAL MEETING

Core Viewpoint - Avante Corp. is addressing allegations made by dissident shareholder George Christopoulos, asserting that his claims are misleading and aimed at advancing a narrow agenda at the expense of the broader shareholder base [2][3][5]. Group 1: Response to Dissident Claims - The Board of Avante rejects the dissident's narrative as misleading and incomplete, emphasizing their commitment to sound governance and long-term value creation [3][6]. - Avante's management and Board did not receive the dissident's shareholder proposals in a timely manner, which were submitted after the statutory deadline [5]. - The Board is composed predominantly of independent directors dedicated to representing all shareholders' interests [3][6]. Group 2: Corporate Governance and Strategy - Avante emphasizes that compensation matters are determined in accordance with legal requirements and good corporate governance principles, with transparency in disclosures [3][6]. - The Corporation is focused on executing its strategic plan, operational improvements, and initiatives for sustainable growth [4][7]. - Shareholders are encouraged to review Avante's continuous disclosure record for accurate information regarding governance and strategic priorities [7]. Group 3: Upcoming Shareholder Meeting - Avante is holding its annual general and special meeting of shareholders on October 21, 2025, encouraging participation [8].