Lithium Royalty Corp. Announces Voting Results

By: Lithium Royalty Corp. via Business Wire

May 28, 2025 at 17:00 PM EDT

Lithium Royalty Corp. (TSX: LIRC) (“LRC”) announced the successful election of each of the director nominees listed in the management proxy circular for the annual and special meeting of shareholders held today. The detailed voting results are set out below:

Director Nominee	Votes For	% for	Votes withheld	% withheld
Blair Levinsky	49,500,051	99.9%	4,846	0.1%
Ernie Ortiz	49,499,651	99.9%	5,246	0.1%
Mark Wellings	48,915,251	98.8%	589,646	1.2%
Elizabeth Breen	49,423,026	99.8%	81,871	0.2%
John Kanellitsas	48,832,813	98.6%	672,084	1.4%
Jesal Shah	49,498,803	99.9%	6,094	0.1%
Tamara Brown	49,503,451	99.9%	1,446	0.1%

Shareholders also appointed KPMG LLP, as the independent auditor of LRC, for the next year and the directors were authorized to fix its remuneration.

Auditor	Votes for	% for	Votes Against	% Against
KPMG LLP	49,555,875	99.9%	1,469	0.1%

In addition, shareholders approved the renewal of the Company’s omnibus equity incentive plan and all unallocated awards thereunder.

Resolution	Votes for	% for	Votes Against	% Against
Omnibus Plan	49,495,974	99.9%	8,923	0.1%

A report on all items of business voted at the Annual and Special Meeting of Shareholders has been filed on SEDAR+.

About Lithium Royalty Corp.

LRC is a lithium-focused royalty company organized in Canada, which has established a globally diversified portfolio of 35 revenue royalties on mineral properties that are related to the electrification and decarbonization of the global economy. The Company’s royalty portfolio is focused on the battery supply chain for the transportation and energy storage industries and is underpinned by mineral properties that produce or are expected to produce lithium and other battery materials. LRC is a signatory to the Principles for Responsible Investment; the integration of ESG factors and sustainable mining are considerations in our investment analysis and royalty acquisitions.