Mr. David Wilson reports

KELT PROVIDES RESULTS OF ITS SHAREHOLDERS' MEETING

All matters presented for approval at the annual meeting of shareholders held on April 22, 2026, have been fully authorized and approved. A total of 146,484,780 common shares, representing 72.99 per cent of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted upon and the outcomes of the votes are set forth in this news release.

Fixing number of directors

The ordinary resolution to approve fixing the number of directors to be elected at the meeting at six was approved at the meeting by way of a ballot, as detailed in an attached table.

Election of directors

All of the nominees proposed as directors of the company were duly elected as directors of the company with votes cast by the shareholders present in person or represented by proxy at the meeting by way of a ballot, as detailed in an attached table.

Appointment of auditor

An ordinary resolution to approve the appointment of PricewaterhouseCoopers LLP as the auditor of the company was approved at the meeting by way of a ballot, as detailed in an attached table.