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Terns Pharmaceuticals

HLS Therapeutics Reports Annual Meeting Results

June 16, 2023 | Last Trade: C$4.40 0.04 0.92

TORONTO, June 16, 2023 /CNW/ - HLS Therapeutics Inc. ("HLS" or the "Company") (TSX: HLS), a pharmaceutical company focused on central nervous system and cardiovascular markets, announces voting results from its Annual Meeting of Shareholders held in a virtual format on June 16, 2023.

A total of 28,831,784 Common Shares, or 89.12% of the total Common Shares issued and outstanding, were voted based on proxies and votes received at the meeting. Details of the voting by individual director were as follows:

Name of Nominee

Votes Cast

FOR

% of Vote Cast
FOR

Votes

WITHHELD

% of Votes
WITHHELD

Greg Gubitz

22,455,427

79.91

5,644,061

20.09

Rodney Hill

25,391,740

90.36

2,707,748

9.64

Laura Brege

23,482,483

83.57

4,617,005

16.43

John Welborn

27,129,959

96.55

969,529

3.45

Norma Beauchamp

23,498,085

83.63

4,601,403

16.38

Kyle Dempsey

26,205,959

93.26

1,893,529

6.74

Craig Millian

27,133,127

96.56

966,361

3.44

Christian Roy

27,145,091

96.60

954,397

3.40

HLS also confirms that shareholders approved the appointment of Ernst & Young LLP as the Company's auditors with 28,796,380 votes (99.88%) cast "for" and 35,404 votes (0.12%) "withheld".

Shareholders also approved certain proposed amendments to the Corporation's Stock Option Plan, and approved the unallocated options thereunder, with 23,405,117 votes (83.29%) cast "for" and 4,694,371 votes (16.71%) cast "against".

ABOUT HLS THERAPEUTICS INC.

Formed in 2015, HLS is a pharmaceutical company focused on the acquisition and commercialization of late-stage development, commercial stage promoted and established branded pharmaceutical products in the North American markets. HLS's focus is on products targeting the central nervous system and cardiovascular therapeutic areas. HLS's management team is composed of seasoned pharmaceutical executives with a strong track record of success in these therapeutic areas and at managing products in each of these lifecycle stages. For more information visit: www.hlstherapeutics.com

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