ProMIS Holds Annual and Special Meeting of Shareholders All Resolutions Approved


ProMIS Neurosciences Inc. (TSX: PMN) (OTCQB: ARFXF) (“ProMIS” or the “Corporation”), is pleased to announce the Annual and Special Meeting of Shareholders (the “Meeting”) of ProMIS was held online by virtual web-cast meeting, on Thursday, May 12, 2022 at 9:00 a.m. (Pacific time).


ProMIS Holds Annual and Special Meeting of Shareholders
All Resolutions Approved


With 45.13% of Common Shares represented at the Meeting, Shareholders approved all resolutions. In compliance with securities regulations and Toronto Stock Exchange requirements, the Corporation has posted the results of the voting below.


All Resolutions Passed


At the Meeting, Shareholders were asked to consider and vote on the following:


  1. ELECTION OF DIRECTORS: Shareholders elected eight directors of the Corporation:
Director Votes For Votes Withheld % For % Withheld
Eugene Williams 140,461,882 12,342,621 91.92% 8.08%
Neil Cashman, M.D. 151,463,709  1,340,794 99.12% 0.88%
Richard J. Gregory, Ph.D. 141,981,039 10,823,464 92.92% 7.08%
Patrick D. Kirwin 141,746,982 11,057,521 92.76% 7.24%
Joshua Mandel-Brehm 142,011,039 10,793,464 92.94% 7.06%
Maggie Shafmaster, Ph.D., JD 141,964,639 10,839,864 92.91% 7.09%
Neil K. Warma 141,947,932 10,856,571 92.90% 7.10%
William Wyman 128,417,532 24,386,971 84.04% 15.96%



  1. APPOINTMENT OF AUDITOR: Shareholders voted in favour of the ordinary resolution to appoint PricewaterhouseCoopers, Chartered Accountants, as auditor of the Corporation for the ensuing year and to authorize the directors to fix the auditor’s remuneration. 
Appointment of Auditor Votes For Votes Withheld % For % Withheld
PricewaterhouseCoopers, Chartered Accountants 189,016,439 5,821,789 97.01% 2.99%



  1. AMENDMENT OF BY-LAWS:  Shareholders voted in favour of the ordinary resolution to confirm and approve amendment by the Board of Directors of the By-Laws of the Corporation to remove the Board’s option to appoint alternate directors; and to change the definition of quorum for a meeting of the Shareholders to increase quorum from one-twentieth, being five (5%) percent, to thirty-three and one-third (33 1/3%) percent of the issued Common Shares from time to time.


Ordinary Resolution Votes For Votes Against % For % Against
To authorize the Board to amend the By-Laws of ProMIS 132,852,269 19,952,234 86.94% 13.06%


ProMIS Neurosciences Inc. is a development stage biotechnology Corporation focused on discovering and developing antibody therapeutics selectively targeting toxic oligomers implicated in the development and progression of neurodegenerative diseases, in particular Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and Multiple system atrophy (MSA). The Corporation’s proprietary target discovery engine is based on the use of two complementary techniques. The Corporation applies its thermodynamic, computational discovery platform – ProMIS™ and Collective Coordinates – to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this unique approach, the Corporation is developing novel antibody therapeutics for AD, ALS and MSA.  ProMIS is headquartered in Toronto, Ontario, Canada with offices in Cambridge, Massachusetts, U.S.A. ProMIS is listed on the Toronto Stock Exchange (“TSX”) under symbol PMN, and on the OTCQB Venture Market under symbol ARFXF.


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