WOODBOIS LIMITED

Declaration of Voting Results & Voting Rights Announcements • Jun 23, 2021

National Storage Mechanism | Additional information

RNS Number : 8675C

Woodbois Limited

23 June 2021

23 June 2021

Woodbois Limited

("Woodbois", the "Group" or the "Company")

(AIM: WBI)

Results of Annual General Meeting

Woodbois Limited (AIM: WBI), the African focused forestry, timber trading, reforestation and voluntary carbon credit company is pleased to announce that at its Annual General Meeting held earlier today, all resolutions were duly passed on a poll, which included proxies lodged before the meeting.

Resolutions		For	Against
1	To receive and adopt the report and accounts for the year ended 31 December 2020	99.258%	0.742%
2	To re-elect Hadi Ghossein as a director of the Company	99.995%	0.005%
3	To re-elect Henry Turcan as a director of the Company	99.250%	0.750%
4	To re appoint PKF Littlejohn LLP as auditors	99.254%	0.746%
5	To authorise the Directors to determine the auditors' remuneration	99.997%	0.003%
6	To authorise the Directors to allot relevant securities	99.979%	0.021%
7*	To disapply the statutory pre emption rights	99.970%	0.030%

* Special Resolution

1.      The number of votes validly cast were in respect of 1,122,347,029 shares, representing 60.435% of the 1,857,117,053 issued share capital of the Company, being the total number of shares in issue with voting rights at 6.00pm on 22 June 2021.

2.      Percentages are rounded to three decimal places.

Enquiries:

Woodbois Limited Paul Dolan - Chair and CEO	+ 44 (0)20 7099 1940
Canaccord Genuity (Nominated Advisor and Broker) Henry Fitzgerald-O'Connor James Asensio Thomas Diehl	+ 44 (0)20 7523 8000
Celicourt Communications (IR/PR) Mark Antelme Jimmy Lea	+44 (0)20 8434 2643 woodbois@celicourt.uk

Background on Woodbois

Woodbois Limited (AIM:WBI) is an African focused forestry company, divided into three distinct, but highly complementary divisions comprising the production and supply of sustainable African hardwood products, the trading of hardwood and hardwood products, and a reforestation and carbon credit division.

Woodbois' forestry division has production facilities in Gabon and Mozambique, managing a total of c400,000 hectares of natural forest concessions. The trading division comprises a highly experienced team of timber specialists, who source and supply sustainable timber to a global customer base. Its proprietary technology developed in house, captures, stores and presents data, providing a matching engine to build scale and optimise trading opportunities with its global customer base.

The Company's carbon sequestration and trading division which was formed in March 2021 aims to generate voluntary carbon credits for corporate partners through the delivery of large-scale reforestation projects.

The Company's focus on the transparency and sustainability of its timber operations has been recognised by The Zoological Society of London, which ranked Woodbois third in its Sustainability Policy Transparency Toolkit ('SPOTT'') ESG policy transparency assessments for the worldwide timber and pulp industries for 2020.

Please follow the Company on Twitter: @WoodboisLtd

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