Loop Industries Inc.

07/23/2025 | Press release | Distributed by Public on 07/23/2025 04:01

Proxy Results (Form 8-K)

Item 5.07. Submission of Matters to a Vote of Security Holders.

The 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") of Loop Industries, Inc. (the "Company") was held virtually on July 18, 2025. At the 2025 Annual Meeting, the Company's stockholders elected Laurent Auguste, Spencer Hart, Louise Sams, Laurence Sellyn and Jay Stubina to serve as members of the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until their respective successors have been elected and qualified. On July 18, 2025, Daniel Solomita was elected to the Board upon the affirmative vote of the sole holder of the Company's Series A Preferred Stock, resulting in a total of six directors. In addition, the Company's stockholders took the following actions at the 2025 Annual Meeting: (i) the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending February 28, 2026 was ratified; (ii) a proposal for advisory approval of the compensation of the Company's named executive officers as disclosed in the proxy statement was approved; and (iii) a proposal for advisory approval of the frequency of future advisory votes on executive compensation was approved to be held every year.

The proposals below are described in detail in the Company's definitive proxy statement dated May 29, 2025. The voting results for each proposal were as follows:

Proposal 1: Election of five directors to hold office until the 2026 Annual Meeting of Stockholders or until their respective successors have been elected and qualified:

For

Withheld

Broker Non-Votes

Laurent Auguste

98,969,448 113,967 5,577,445

Spencer Hart

99,041,598 41,817 5,577,445

Louise Sams

98,967,489 115,926 5,577,445

Laurence Sellyn

99,040,475 42,940 5,577,445

Jay Stubina

99,040,921 42,494 5,577,445

Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending February 28, 2026:

For

Against

Abstain

104,584,262

14,238 62,360

Proposal 3: Vote to approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement:

For

Against

Abstain

Broker Non-Votes

98,437,462

507,195 138,758 5,577,445

Proposal 4: Vote to approve, on an advisory basis, the frequency of future advisory votes on executive compensation:

1 Year

2 Years

3 Years

Abstain

Broker Non-Votes

98,957,462

11,626 39,909 74,418 5,577,445
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Loop Industries Inc. published this content on July 23, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on July 23, 2025 at 10:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]