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Osisko Announces the Voting Results from Its Annual and Special Meeting of Shareholders

1. Osisko Gold Royalties changes name to 'OR Royalties Inc.' effective May 13, 2025. 2. Shareholder meeting showed 83.29% of common shares represented. 3. All eight director nominees were elected with significant majority votes. 4. PricewaterhouseCoopers appointed as independent auditor for the upcoming year. 5. Deferred Share Unit Plan received strong approval with 97.85% votes in favor.

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Why Bullish?

The name change and strong shareholder support are positive signals, similar to successful rebranding examples seen in other companies. Historically, companies that successfully rebrand often see a short-term boost in their stock prices.

How important is it?

The article discusses significant corporate governance changes, which can influence investment decisions. Strong approval rates indicate solid management stability, encouraging investor confidence.

Why Short Term?

The impact of rebranding typically reflects in the short-term as market perception shifts. This is similar to past instances where companies experienced spikes post-rebranding, but then stabilize.

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GOLDNEMAUY
MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces that it has completed its name change to “OR Royalties Inc.” and “Redevances OR Inc.” in French following receipt of shareholder approval at the annual and special meeting of shareholders held earlier today. The Corporation’s common shares will commence trading under the new name on the New York Stock Exchange and the Toronto Stock Exchange at the start of trading on May 13, 2025. Further to the name change, the new CUSIP number for the Corporation’s common shares will be 68390D106, effective May 13, 2025. The ticker symbol for the Corporation’s common shares will remain unchanged as “OR” on both the TSX and NYSE. The Corporation also announces that each of the eight (8) nominees listed in the management information circular filed on April 8, 2025 with regulatory authorities were elected as directors of the Corporation. There were 155,758,846 common shares present or represented at the meeting or 83.29% of the 187,007,157 common shares issued and outstanding on March 21, 2025, being the record date for the meeting. Election of Directors Based on the proxies received by the Corporation and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders’ meeting, with the following results: RESOLUTION No1Name of NomineesVotes castFORPercentage (%) of votes castFORVotesWITHHELDPercentage (%)of votes castWITHHELDJason Attew147,301,33799.65        511,714          0.35Edie Hofmeister146,515,07399.12        1,297,978          0.88W. Murray John144,570,79497.81        3,242,257          2.19Pierre Labbé142,400,86796.34        5,412,184          3.66Wendy Louie147,248,21799.62        564,834          0.38Norman MacDonald137,018,99592.70        10,794,056          7.30Candace MacGibbon146,775,20399.30        1,037,848          0.70David Smith145,161,59898.21        2,651,453          1.79 Appointment and Remuneration of Auditor Based on the proxies received by the Corporation and the votes on a show of hands, PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as independent auditor of the Corporation for the ensuing year and the directors are authorized to fix its remuneration, with the following results: RESOLUTION No2Votes castFORPercentage (%) of votes castFORVotesWITHHELDPercentage (%)of votes castWITHHELDAppointment and Remuneration of Auditor153,193,46598.352,565,3811.65 Approval of the unallocated rights and entitlements under the Deferred Share Unit Plan Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve the unallocated rights and entitlements under the Deferred Share Unit Plan, the results on this matter were as follows: RESOLUTION No3Votes castFORPercentage (%) of votes castFORVotes castAGAINSTPercentage (%)of votes castAGAINSTOrdinary Resolution to approve the unallocated rights and entitlements under the Deferred Share Unit Plan144,628,79797.853,184,2532.15 Adoption of a special resolution approving the amendment to the Articles of the Corporation to change its name to “OR Royalties Inc. / Redevances OR Inc.” Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of a special resolution to approve the amendment to the Articles of the Corporation to change its name to “OR Royalties Inc. / Redevances OR Inc.”, the results on this matter were as follows: RESOLUTION No4Votes castFORPercentage (%) of votes castFORVotes castAGAINSTPercentage (%)of votes castAGAINSTSpecial Resolution to approve the amendment to the Articles of the Corporation to change its name to “OR Royalties Inc. / Redevances OR Inc.”154,983,95899.50774,8860.50 Advisory Resolution on Executive Compensation Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of an advisory resolution accepting the Corporation’s approach to executive compensation, the results on this matter were as follows: RESOLUTION No5Votes castFORPercentage (%) of votes castFORVotes castAGAINSTPercentage (%)of votes castAGAINSTAdvisory Resolution on Executive Compensation143,933,03197.383,880,0172.62 About Osisko Gold Royalties Ltd Osisko Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American focused portfolio of over 195 royalties, streams and precious metal offtakes, including 21 producing assets. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, home to one of Canada’s largest gold mines.  Osisko’s head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2. For further information, please contact Osisko Gold Royalties Ltd: Grant MoentingVice President, Capital MarketsTel: (514) 940-0670 x116Cell: (365) 275-1954Email: gmoenting@osiskogr.comHeather TaylorVice President, Sustainability and CommunicationsTel: (514) 940-0670 x105Email: htaylor@osiskogr.com

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