Mr. Dustin Haw reports

TERRAVEST INDUSTRIES INC. ANNOUNCES RESULTS OF 2024 ANNUAL MEETING OF SHAREHOLDERS

TerraVest Industries Inc. held its annual meeting of shareholders on Feb. 7, 2024. A total of 11,893,808 common shares (representing 65.66 per cent of the 18,113,902 outstanding voting shares) were represented in person or by proxy at the meeting.

The complete voting results from the meeting are provided in this news release.

Election of directors

Each of the nominees proposed in the corporation's management information circular dated as of Jan. 5, 2024, was elected.

Appointment of KPMG LLP as the corporation's auditor

KPMG LLP was reappointed as the corporation's auditor and the directors were authorized to determine its remuneration.