Heraldo de Madrid - Rektron Group Inc. Announces the 2025 Annual General Meting of Shareholders Results

Rektron Group Inc. ("Rektron" or the "Company") (CSE:REK.U)(FRA:F75) a global commodities trading house, is pleased to announce the voting results of its annual general meeting of shareholders (the "Meeting") held on January 9, 2025.

A total of 51,251,550 common shares were voted in connection with the Meeting, representing approximately 86.72% of the issued and outstanding common shares of the Company eligible to vote at the Meeting. The results of all matters considered at the Meeting are reported in the Report of Voting Results to be filed by the Company on SEDAR+ at www.sedarplus.ca.

All shareholders present and represented by proxy voted in favour of each matter considered at the Meeting as set out in the Company's management information circular ("Information Circular") dated December 10, 2024, and approved the following resolutions:

1. Setting the number of directors of the Company for the ensuing year at five (5);

2. Electing Atanas Kolarov, Swapnil Mokashi, Trevor Turner, Ronald Galetzki, and Satyam Bhasin as members of the board of directors of the Company ("Board") to hold office until the next annual meeting of shareholders; and

3. Appointing PKF Littlejohn LLP, as the Company's auditors for the ensuing year and authorizing the Board to fix the auditor's remuneration.

Voting on all Resolutions at the Meeting was conducted by a show of hands. The voting results on these matters represent the proxy votes entitled to vote at the Meeting.

Corporate Updates

Following the Meeting, the Company appointed Mr. Atanas Kolarov as Chief Executive Officer, Mr. Jigar Desai as Interim Chief Financial Officer, Mr. Swapnil Mokashi as Chairman of the Board and Mr. Moises Michan Portillo, as Chief Operating Officer of the Board.

On Behalf of the Board of Directors, Rektron Group Inc.

Swapnil Mokashi
Chairman of the Board

FOR FURTHER INFORMATION CONTACT:

Martyna Jovaisaite
Email: [email protected]
Phone: +1 (604) 359-5412
Web: https://www.rektrongroup.com/

About the Company

The Company is the holding and parent company of Rektron AQ Limited, which is the holding and parent company of DL Hudson Limited. DL Hudson Limited is the trading arm of a group of companies, of which there are several subsidiaries that support the group's global commodity trading operations. The Company is headquartered in Vancouver, BC, while Rektron AQ Limited is headquartered in London, UK.

The Company focuses on maintaining an experienced team of management and traders, extensive geographical and product diversification, trading and logistical expertise, and financial and risk management. The team at the Group is composed of energy and metals traders, and finance professionals with expertise from the City of London and Wall Street. The trading expertise includes principal energy and metals products, particularly ferrous and nonferrous metals, Energy Transition Commodities ("ETC"), recycled metals and crude and Euro VI-compliant refined oil products. The Company transacts across all compliant markets following the international trade regulations and guidelines.

FORWARD‐LOOKING STATEMENTS

This news release contains forward‐looking statements and forward‐looking information within the meaning of Canadian securities legislation (collectively, "forward‐looking statements") that relate to Rektron's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward‐looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward‐looking statements. No assurance can be given that these expectations will prove to be correct and such forward‐looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Rektron's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking statements. Such risks and uncertainties include, but are not limited to the other factors set forth under "Caution Regarding Forward-Looking Statements" and "Risk Factors" in the Company's final prospectus dated March 4, 2024 and as amended on June 28, 2024 and August 12, 2024. Rektron undertakes no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Rektron to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward‐looking statement. Any forward‐looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

No securities regulatory authority has either approved or disapproved of the contents of this news release.

I.Ponce--HdM