Polaris Renewable Energy Adjusts Quorum Requirement for AGM

Polaris Renewable Energy Inc. announced a modification to its by-law regarding the quorum requirement for its upcoming annual general meeting. Scheduled for June 26, 2026, the meeting will now require the presence of one person, physically or via proxy, representing at least 45% of the outstanding shares entitled to vote. Previously, a majority of the outstanding shares was needed for quorum.

This change is specific to this meeting and will not affect the shareholder approval levels needed for decisions. Initially set for June 18, 2026, the meeting was postponed to allow more time for shareholder votes and to ensure sufficient quorum. Shareholders will vote on director elections and the re-appointment of auditors. Detailed information is available in the May 15, 2026, management information circular.