January 23, 2025

Innovative Energy Group Limited (ENERGY) has advised that at the Annual General Meeting of the Company held on Thursday, January 9, 2025, several resolutions were passed including:

• THAT The Company is approved to issue and admit further participating voting shares pursuant to Rule 403 being 850,000,000 Ordinary Shares on the Main Market of the Jamaica Stock Exchange which corresponds to the class of participating voting shares already admitted on the said Market, as may be allotted by the Board of Directors, to such persons on such terms and conditions and at such times the Board of Directors think fit and in accordance with the Rules.
• THAT the Company is approved to make the necessary application for admission for the further issue to the Jamaica Stock Exchange, in which, the Directors and the Company Secretary are authorized to execute all steps and documents, for and on behalf of the Company, including but not limited to the corporate shelf documents required by the Jamaica Stock Exchange and the Main Market Rules, as well as to execute and deliver all such other deeds, documents, instruments in writing and to perform and do all such acts and things, as may be considered necessary, desirable or useful for the purpose of giving effect to this Resolution.

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