Mr. Lawrence Hay reports

GOAT ANNOUNCES RESULTS OF THE ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Goat Industries Ltd. has released the results of the annual general and special meeting of shareholders held on July 11, 2023.

All matters submitted to shareholders for approval as set forth in the company's notice of meeting and information circular, both dated June 6, 2023, were approved at the meeting. There were 14 shareholders represented in person or by proxy at the meeting, holding 15,641,131 common shares, representing 4.80 per cent of the company's total issued and outstanding common shares as of the record date for the meeting. The voting results for each matter presented at the meeting are set out as follows.

Number of directors

The resolution to set the number of directors of the company at three was approved by votes cast by the shareholders who voted in respect of the resolution present or represented by proxy at the meeting. Voting results are set out in an attached table.

Election of directors

Each of the nominees for election as a director listed in the company's information circular dated June 6, 2023, were elected as directors of the company for the ensuing year until their successors were elected or appointed. Voting results are set out in an attached table.

Appointment of auditor

WDM, chartered professional accountants, was reappointed auditor of the company for the ensuing year, with its remunerations to be fixed by the board of directors. Voting results are set out in an attached table.

Share consolidation

The resolution to authorize the directors to consolidate the issued and outstanding common shares on the basis of one new postconsolidated common share for every 100 currently outstanding common shares, as described in the information circular, was approved. Voting results are set out in an attached table.

Approval of other matters

The resolution to transact such other business that may be brought properly before the meeting and any adjournment or postponement of the meeting. Voting results are set out in an attached table.

About Goat Industries Ltd.

Goat Industries is an investment issuer focused on investing in high-potential companies and assets operating across a variety of sectors. The paramount goal of the company will be to generate maximum returns from its investments.

We seek Safe Harbor.