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

TORONTO, Feb. 7, 2024 /CNW/ - TerraVest Industries Inc. (TSX: TVK) (the "Corporation") held its annual meeting of shareholders on February 7, 2024 (the "Meeting"). A total of 11,893,808 common shares (representing 65.66% 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 as follows:

1. Election of Directors

Each of the nominees proposed in the Corporation's Management Information Circular dated as of January 5, 2024 (the "Circular") was elected.

Name of Nominee	Vote For	%	Withhold Vote	%
Charles Pellerin	9,799,796	86.53	1,526,073	13.47
Blair Cook	10,438,780	92.17	887,089	7.83
Dale H. Laniuk	10,438,780	92.17	887,089	7.83
Dustin Haw	10,045,071	88.69	1,280,798	11.31
Rocco Rossi	10,413,797	91.95	912,072	8.05
Mick MacBean	10,438,780	92.17	887,089	7.83

2. Appointment of KPMG LLP as the Corporation's auditors

KPMG LLP was re-appointed as the Corporation's auditors and the directors were authorized to determine their remuneration.

	Number of Votes	%
Votes FOR	11,862,168	99.73
Votes WITHHELD	31,640	0.27
Total	11,893,808	100.00

SOURCE TerraVest Industries Inc.

Dustin Haw, TerraVest Industries Inc., Chief Executive Officer, [email protected]