Press Release: PROPEL REPORTS ON VOTING RESULTS FROM ANNUAL GENERAL MEETING OF SHAREHOLDERS

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TORONTO, June 5, 2025 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL) the fintech facilitating access to credit for underserved consumers, today announced the voting results from its Annual General Meeting of the Shareholders (the "Meeting"), held on June 5, 2025. A total of 20,743,214 shares were represented in person or by proxy at the Meeting, constituting approximately 53.384% of the Company's total issued and outstanding common shares as of the record date.

Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes.

The voting results in relation to the election of directors, were as follows:

 
Nominee           Votes For  Votes Withheld 
                  %          % 
Michael Stein        98.792           1.208 
Clive Kinross        99.960           0.040 
Peter Monaco         99.082           0.918 
Poonam Puri          96.232           3.768 
Geoff Greenwade      98.218           1.782 
Karen Martin         99.440           0.560 
Peter Anderson       98.335           1.665 
 

Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes.

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on www.sedarplus.ca.

About Propel

Propel Holdings (TSX: PRL) is the fintech building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands -- Fora Credit, CreditFresh, MoneyKey and QuidMarket -- and its Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. The revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over two billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at propelholdings.com.

SOURCE Propel Holdings Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/05/c0999.html

/CONTACT:

For further information, please contact: Lindsay Finneran-Gingras, Vice President, Communications, Media@propelholdings.com; Devon Ghelani, Vice President, Capital Markets and Investor Relations, IR@propelholdings.com

Copyright CNW Group 2025 
 

(END) Dow Jones Newswires

June 05, 2025 16:18 ET (20:18 GMT)

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