EASTERN PLATINUM LIMITED - Eastplats announces voting results of its annual general and special meeting of shareholders

Eastplats announces voting results of its annual general and special meeting of shareholders

     EASTERN PLATINUM LIMITED
     (Incorporated in Canada)
     (Canadian Registration number BC0722783)
     (South African Registration number 2007/006318/10)
     Share Code TSX: ELR ISIN: CA2768555096
     Share Code JSE: EPS ISIN: CA2768555096
     ("Eastplats" or the "Company")

     Trading Symbol: ELR (TSX); EPS (JSE)

                                                 NEWS RELEASE

       EASTPLATS ANNOUNCES VOTING RESULTS OF ITS ANNUAL GENERAL AND SPECIAL
                            MEETING OF SHAREHOLDERS

     Vancouver, British Columbia, June 18, 2025 – Eastern Platinum Limited (TSX: ELR)(JSE: EPS) ("Eastplats"
     or the "Company") announces the voting results of the Company's 2025 Annual General and Special
     Meeting of Shareholders held on June 17, 2025 (the "Meeting"). A total of 122,533,921 common shares
     were voted at the Meeting, representing 60.51% of the votes attached to all the outstanding common shares
     of the Company.

     Detailed results of the vote held at the Meeting are set out below:

                 Business                     Outcome of           Votes For        Votes         Votes
                                                 Vote                              Against       Withheld

1.    To set the number of Directors           Approved            122,379,825      154,096
      at 5                                                          (99.87%)        (0.13%)
                                            
2.    Resolution electing:

          (a) Dr. Bielin Shi;                  Approved            10,654,809                   110,153,359
                                                                     (8.82%)                     (91.18%)

          (b) Xin (Alex) Guan;                 Approved           120,579,533                     228,635
                                                                    (99.81%)                      (0.19%)

          (c) Changyu (Charlie) Liu;           Approved           120,573,767                     234,401
                                                                    (99.81%)                      (0.19%)

          (d) Lisa Ng; and                     Approved           120,584,083                     224,085
                                                                    (99.82%)                      (0.18%)

          (e) Eason Cong Chen                  Approved           120,573,667                     234,501
                                                                    (99.81%)                      (0.19%)
      as directors of the Company.

3.    Resolution appointing                    Approved           122,360,473                     173,447
      Davidson & Company LLP, as                                   (99.86%)                       (0.14%)
      auditors of the Company for
      the ensuing year and
      authorizing the directors of the
      Company to fix their
      remuneration.

4.    Resolution approving the                 Approved           120,155,919        652,249
      unallocated options, rights and                              (99.46%)          (0.54%)
      other entitlements issuable
      under the Company's Stock
      Option Plan for a further three
      years.

Based on the voting results, all of the nominees proposed as directors and listed in the management
information circular dated May 6, 2025 (the "Circular") were elected as directors of Eastplats at the Meeting
in accordance with applicable corporate law.

However, one director, Dr. Bielin Shi, had more votes withheld than were voted in their favour of their
appointments to the Board. As a result, in accordance with the Company's Majority Voting Policy (the
"Policy"), Dr. Shi has tendered his resignation from the Board of Directors of the Company (the "Board"),
effective upon acceptance by the Board. The Board will refer such resignations to the Corporate
Governance and Compensation Committee (the "Committee") for consideration on whether or not to
accept the resignations submitted by Dr. Shi. In accordance with the Policy, the Board shall accept such
resignation unless the Committee determines that there are exceptional circumstances relating to the
composition of the Board or the voting results that should delay the acceptance of such resignation or justify
rejecting such resignation. The Board will issue a news release with its decision.

At the Meeting, the unallocated options, rights or other entitlements issuable under Eastplats' Stock Option
Plan have been authorized for three further years and Davidson & Company LLP was also re-appointed as
auditors of Eastplats.

For further information, please contact:

 EASTERN PLATINUM LIMITED
 Wylie Hui, Chief Financial Officer and Corporate Secretary
 whui@eastplats.com (email)
 (604) 568-8200 (phone)

No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.


The Company has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE
Limited.


18 June 2025

JSE Sponsor
PSG Capital

Date: 18-06-2025 02:45:00
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