First Phosphate Corp.

09/01/2026 | Press release | Distributed by Public on 09/01/2026 06:27

First Phosphate Reports Annual Meeting Results, Substantial Increase in Shareholder Base and Adoption of Advance Notice Policy (Form 6-K)

First Phosphate Reports Annual Meeting Results,

Substantial Increase in Shareholder Base and Adoption of Advance Notice Policy

Saguenay, Québec - September 1, 2026 First Phosphate Corp ("First Phosphate" or the "Company") (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is pleased to report the voting results for the Company's Annual General and Special Meeting of Shareholders (the "Meeting") held on August 28, 2026.

Voting Results

Detailed voting results of the election of the Company's board of directors (the "Board") are set out below:

Nominee Votes For % For Votes Withheld % Withheld
John Passalacqua 65,681,593 99.52% 317,515 0.48%
Laurence W. Zeifman 63,839,049 96.73% 2,160,059 3.27%
Bennett Kurtz 65,673,958 99.51% 325,150 0.49%
Peter Nicholson 65,691,489 99.53% 307,619 0.47%
Peter Kent 64,335,301 97.48% 1,663,807 2.52%

All nominees, as set forth in the Company's Management Information Circular dated July 29, 2026 (the "Circular"), were elected as directors of First Phosphate at the Meeting.

At the Meeting, shareholders also approved: (1) the number of directors to be fixed at five, (2) the appointment of Davidson & Company LLP as auditor of the Company for the ensuing year and authorizing the Board to fix the remuneration of the auditor, (3) the Company's advance notice policy (the "Policy"); and (4) the re-approval of the Company's omnibus equity incentive plan, all as more particularly described in the Circular.

Matter Votes For % For Votes Against - Withheld % Against - Withheld
Number of directors 65,594,446 99.39% 404,662 0.61%
Appointment of auditors 64,206,061 97.28% 1,793,047 2.72%
Advance Notice Policy 64,112,942 97.14% 1,886,166 2.86%
Re-Approve Equity Incentive Plan 63,654,831 96.45% 2,344,277 3.55%

For further information regarding the matters considered at the Meeting, readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).

Increase in Shareholder Base

The Company is pleased to announce that its shareholders on record for the 2026 Meeting increased by 861% over the 2025 Meeting. The total registered shareholders reported are based on the registrar of the Company's transfer agent plus beneficial shareholders reported by Broadridge.

AGM Record Date Shareholders
2026 12,501
2025 1,301
2024 861
2023 800
2022 307

The Company believes that this increase in shareholders represents a positive sign of maturation in the Company's corporate development, one that can be attributed to successful financings, management's commitment to results, and a broader understanding and appreciation of the Company's vision, initiatives and opportunities, among both retail and institutional investors.

Advance Notice Policy

The Board has, effective immediately, adopted the Policy which, among other things, and subject to certain exceptions, sets forth a procedure requiring advance notice to the Company by any shareholder who intends to nominate any person for election as director of the Company at a meeting of shareholders at which directors are to be elected. For additional details, please consult the full text of the Policy included in the Circular.

The Board believes that the Policy provides a clear and transparent process for all shareholders to follow, if they intend to nominate directors, by providing a reasonable time frame for shareholders to notify the Company of their intention to nominate directors and requiring shareholders to disclose information concerning proposed nominees that is mandated by applicable securities laws.

The Policy enables the Board to evaluate the proposed nominees' qualifications and suitability as directors and respond as appropriate in the best interests of the Company.

About First Phosphate Corp

First Phosphate (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security. First Phosphate's flagship Bégin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Québec, Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.

For additional information, please contact:

Bennett Kurtz

Chief Financial Officer

Tel: +1 (416) 200-0657

Investor Relations: https://firstphosphate.com/investors

General Inquiries: https://firstphosphate.com/contact

Website: www.FirstPhosphate.com

Follow First Phosphate:

X: https://twitter.com/FirstPhosphate

LinkedIn: https://www.linkedin.com/company/first-phosphate/

Forward-Looking Information and Cautionary Statements

First Phosphate Corp. published this content on September 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 01, 2026 at 12:27 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]