Verde Announces Results of the 2020 Annual and Special Meeting of Shareholders

BELO HORIZONTE, Brazil, July 01, 2020 (GLOBE NEWSWIRE) -- Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) held its Annual and Special Meeting (“ASM”) of shareholders on Tuesday, June 30, 2020 in Belo Horizonte, Brazil, and is pleased to announce that its shareholders approved all items put before them.

The director nominees were elected as directors of the Company. Shareholders adopted the Directors’ Report, the Audited Statement of Accounts and the Auditors’ Report for the year ended December 31, 2019 and appointed BDO LLP as auditors of the Company for the ensuing year. In addition, shareholders approved the Company's proposal to authorize the Company’s directors to fix their remuneration and issuance of ordinary shares to directors and management. The results of the election of directors were as follows:

Item Voted Upon	Voting Result
	* The nominees proposed by management were elected by ballot by shareholders, as follows:
Election of Directors nominated in the Company’s management information circular dated May 19, 2020		Votes For	Votes Against
	Alysson Paolinelli	9,619,724	182,380
		(98.14%)	(1.86%)
	Paulo Sergio Ribeiro Machado	9,783,104	19,000
		(99.81%)	(0.19%)
	Cristiano Veloso	9,739,495	62,609
		(99.36%)	(0.64%)
	Getulio Lamartine	9,605,715	196,389
		(98.00%)	(2.00%)
	Renato Gomes	9,569,715	232,389
		(97.63%)	(2.37%)
	Michael St. Aldwyn	9,614,724	187,380
		(98.09%)	(1.91%)
Special Business to approve the issuance of ordinary shares to directors and management in satisfaction of cash compensation obligations.		Votes For	Votes Against
		1,386,930	1,005,259
		(57.98%)	(42.02%)

About Verde AgriTech