Ascot Announces Results of Annual General Meeting Held June 18, 2025

Press Release

VANCOUVER, British Columbia, June 18, 2025 — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) reports that at its annual general meeting (the “AGM”) held on June 18, 2025, Ascot’s Shareholders approved by majority: to set the number of directors at six (6), to elect all six directors standing for election; to re-appoint PricewaterhouseCoopers LLP as the Company’s auditor; and the philosophy and design of the Company’s executive compensation.

Detailed results of the votes held by ballot at the AGM are set out below:

	Total Votes Cast For	Total Votes Cast Against	% For	% Against
Number of Directors	669,702,396	248,142,848	72.96	27.04
Nominee	Total Votes Cast For	Total Votes Withheld	% For	% Withheld
Stephen Altmann	914,787,147	3,058,097	99.67	0.33
William Bennett	667,932,279	249,912,965	72.77	27.23
James Currie	669,252,482	248,592,762	72.92	27.08
Indi Gopinathan	668,365,101	249,480,143	72.82	27.18
José Marún	915,443,084	2,402,160	99.74	0.26
Andree St-Germain	915,172,848	2,672,396	99.71	0.29
	Total Votes Cast For	Total Votes Withheld	% For	% Withheld
Appointment of Auditors	917,384,113	461,131	99.95	0.05
	Total Votes Cast For	Total Votes Cast Against	% For	% Against
Approval of Unallocated Entitlements under the Stock Option Plan	906,825,981	11,019,263	98.80	1.20
Approval of Unallocated Entitlements under the Share Unit Plan	909,443,156	8,402,088	99.08	0.92
Approval of Unallocated Entitlements under the DSU Plan	909,647,805	8,197,439	99.11	0.89
Advisory Vote on Compensation	909,800,225	8,045,019	99.12	0.88

The Board of Directors extend their thanks to the Shareholders of the Company for their continued support.

On behalf of the Board of Directors of Ascot Resources Ltd.
“James A (Jim) Currie”
CEO & COO

For further information contact:

KIN COMMUNICATIONS INC.
Email: AOT@kincommunications.com
Phone: 604-684-6730

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