09:10:01 EST Tue 25 Nov 2025
Enter Symbol
or Name
USA
CA



Tornado Infrastructure Equipment Ltd
Symbol TGH
Shares Issued 138,453,909
Close 2025-11-24 C$ 1.90
Market Cap C$ 263,062,427
Recent Sedar Documents

Tornado's arrangement resolution has proxy firm backing

2025-11-24 21:28 ET - News Release

Mr. Brett Newton reports

LEADING INDEPENDENT PROXY ADVISORY FIRMS RECOMMEND TORNADO SECURITYHOLDERS VOTE FOR THE ARRANGEMENT RESOLUTION

Two leading independent proxy advisory firms, including Institutional Shareholder Services, have recommended that holders of Class A common shares in the capital of the company and holders of options to purchase shares vote for the arrangement resolution at the coming special meeting of securityholders scheduled for Dec. 2, 2025.

In response to the positive recommendations, Brett Newton, chief executive officer of Tornado, said: "We are pleased to receive positive recommendations from two of Canada's leading independent proxy advisory firms. Their recommendations only reinforce the tremendous support we have received from over 70 per cent of our securityholders, who agreed to vote in favour of the arrangement."

Securityholders are also reminded to submit their votes well in advance of the proxy voting deadline on Nov. 28, 2025, at 9 a.m. Calgary time.

The board of directors of Tornado unanimously recommends that securityholders vote for the arrangement resolution.

Your vote is important -- please vote today.

The proxy voting deadline is Nov. 28, 2025, at 9 a.m. Calgary time.

Meeting details

The meeting will be held on Dec. 2, 2025, at 8 a.m. Calgary time, in an in-person format. For complete details and access to all relevant documents related to the meeting, please visit the Tornado website.

Securityholder questions and voting assistance

Securityholders who have questions about voting their securities or require assistance may contact the company's proxy solicitation agent.

Laurel Hill Advisory Group

North American toll-free:  1-877-452-7184

International or by text message:  1-416-304-0211

By e-mail:  assistance@laurelhill.com

About Tornado Infrastructure Equipment Ltd.

Tornado is a pioneer and leader in the vacuum truck industry and has been the choice of utility and oil field professionals with over 1,900 hydrovacs sold since 2008. The company designs and manufactures hydrovac trucks, and, through its subsidiary CustomVac, based in Nisku, Alta., produces complementary vacuum and industrial equipment solutions, including units designed for the transportation of dangerous goods, and provides maintenance and field services to its customers. In addition, Tornado operates a heavy-duty truck maintenance facility in central Alberta. The company sells its products to excavation service providers in the infrastructure, environmental, industrial construction, and oil and gas markets. Hydrovac trucks use high-pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Hydrovac excavation methods are quickly becoming a standard in North America to safely excavate in urban areas and around critical infrastructure, significantly reducing infrastructure damage and related fatalities.

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