1. Largo's AGM on May 12, 2025, saw 71.17% shares voted. 2. Shareholders approved all director nominees and auditor appointments. 3. Largo is a leading supplier of vanadium and ilmenite products. 4. Strategically invested in energy storage with a joint venture. 5. Company emphasized operational excellence and sustainability initiatives.
The approval of directors and auditors suggests strong shareholder confidence. This stability can positively influence investor sentiment and stock performance.
The AGM outcomes indicate stability and confidence which can attract investors and influence stock dynamics.
Positive shareholder events like AGMs typically influence stock prices in the short-term.
TORONTO--(BUSINESS WIRE)--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) announces voting results from its Annual General Meeting of Shareholders (the “Meeting”) held on Monday, May 12, 2025.
A total of 45,626,173 common shares of the Company were voted at the Meeting, representing 71.17% of the Company’s issued and outstanding common shares. Shareholders voted to approve all matters brought before the Meeting, including the election of all director nominees and the appointment of KPMG LLP as the Company’s auditors for the ensuing year.
Largo's Board of Directors wishes to thank its shareholders for their continued support. Detailed results of the votes on the election of directors are as follows:
| Name of Director Nominee | Shares Voted For | % | Shares Withheld | % |
| Alberto Arias | 31,061,877 | 83.27% | 6,242,148 | 16.73% |
| David Brace | 36,620,985 | 98.17% | 683,040 | 1.83% |
| Jonathan Lee | 35,650,102 | 95.57% | 1,653,923 | 4.43% |
| Daniel Tellechea | 36,605,044 | 98.13% | 698,981 | 1.87% |
| Andrea Weinberg | 35,649,578 | 95.56% | 1,654,447 | 4.43% |
For further detailed voting results on the Meeting, please refer to the Company’s Report of Voting Results filed on SEDAR+ at www.sedarplus.com and on www.sec.gov.
About Largo
Largo is a globally recognized supplier of high-quality vanadium and ilmenite products, sourced from its world-class Maracás Menchen Mine in Brazil. As one of the world’s largest primary vanadium producers, Largo produces critical materials that empower global industries, including steel, aerospace, defense, chemical, and energy storage sectors. The Company is committed to operational excellence and sustainability, leveraging its vertical integration to ensure reliable supply and quality for its customers.
Largo is also strategically invested in the long-duration energy storage sector through its 50% ownership of Storion Energy, a joint venture with Stryten Energy focused on scalable domestic electrolyte production for utility-scale vanadium flow battery long-duration energy storage solutions in the U.S.
Largo’s common shares trade on the Nasdaq Stock Market and on the Toronto Stock Exchange under the symbol "LGO". For more information on the Company, please visit www.largoinc.com.