TORONTO, CANADA (July 16, 2025) – TheNewswire - ONEnergy Inc. (“ONEnergy” or the "Company”) (NEX: OEG.H), is pleased to announce the results of its Annual General and Special Meeting of Shareholders (the “Meeting”), held on July 16, 2025.

A total of 95,330,371 common shares, representing approximately 64.3% of the issued and outstanding common shares as of the record date for the Meeting, were represented in person or by proxy at the meeting.

The voting results are as follows:

1. Election of Directors

Each of the following nominees was elected as a director of the Company:

Motion	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Stephen J.J. Letwin	94,349,288	98.97	981,083	1.03
Lawrence Silber	94,769,204	99.41	561,167	0.59
Ivan Bos	94,762,772	99.40	567,599	0.60

2. Appointment of Auditors

Rice & Company LLP were appointed as auditors of the Company until the close of the next annual meeting of shareholders.

Votes for: 95,149,326 (99.81%)

Votes withheld: 181,045 (0.19%)

3. Continuance Resolution

The Continuance Resolution, as defined in the Management Information Circular dated June 13, 2025 and filed on SEDAR+ on June 18, 2025 (the “Circular”), was approved with at least two-thirds (2/3) of the votes cast at the Meeting in favour of the Continuance Resolution.

Votes for: 94,171,469 (98.78%)

Votes against: 1,158,902 (1.22%)

 

4. Omnibus Plan Resolution

The Omnibus Plan Resolution, as defined in the Circular, was approved with the majority of the votes cast at the Meeting in favour of the Omnibus Plan Resolution.

Votes for: 94,768,488 (99.41%)

Votes against: 561,883 (0.59%)

5. Debt Settlements Resolution

The Debt Settlements Resolution, as defined in the Circular, was approved with the majority of the votes cast by disinterested shareholders at the Meeting in favour of the Debt Settlements Resolution.

Votes by disinterested shareholders for: 4,201,668 (88.21%)

Votes by disinterested shareholders against: 561,383 (11.79%)

6. Consolidation Resolution

The Consolidation Resolution, as defined in the Circular, was approved with the majority of the votes cast at the Meeting in favour of the Consolidation Resolution.

Votes for: 94,529,597 (99.16%)

Votes against: 800,774 (0.84%)

About ONEnergy Inc.

ONEnergy common shares are listed on the NEX board of the TSX Venture Exchange under the symbol “OEG.H”.  Material information about ONEnergy can be found on SEDAR+ under the Company’s issuer profile at www.sedarplus.ca.  ONEnergy's corporate website may be found at www.onenergyinc.com.

For additional information please contact:

 

Ray de Ocampo, Chief Financial Officer, irinfo@onenergyinc.com, +1 (647) 253-2534

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation.  Forward-looking statements in this news release include, but are not limited to, statements about the business and operations of the Company.  Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements and there can be no assurance that such expectations will prove to be correct. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, except a required by applicable securities laws. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.