WOODBOIS LIMITED

AGM Information • Jun 8, 2022

National Storage Mechanism | Additional information

RNS Number : 1980O

Woodbois Limited

08 June 2022

8th June 2022

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 at 11:00am on 8th June 2022 all resolutions were duly passed on a poll, which included proxies lodged before the Meeting. Resolutions 1 to 7 were passed as ordinary resolutions and Resolution 8 was passed as a special resolution. The voting results are given below.

Resolutions		For	Against	Abstain
1	To receive and adopt the report and accounts for the year ended 31 December 2021	98.544%	0.017%	1.439%
2	To elect David Rothchild as a director of the Company	99.978%	0.019%	0.003%
3	To re-elect Carnel Geddes as a director of the Company	99.949%	0.048%	0.003%
4	To re-elect Graeme Thomson as a director of the Company	98.512%	0.049%	1.439%
5	To re appoint PKF Littlejohn LLP as auditors	98.544%	0.017%	1.439%
6	To authorise the Directors to determine the auditors' remuneration	99.979%	0.019%	0.002%
7	To authorise the Directors to allot relevant securities	99.971%	0.025%	0.004%
8	To disapply the statutory pre emption rights	99.938%	0.057%	0.005%

A copy of the presentation made at the AGM has been uploaded to the Company's website.

https://www.woodbois.com/wp-content/uploads/Woodbois-AGM-Presentation-2022.pdf

1.      The number of votes validly cast were in respect of 2,007,117,053 shares, representing 80.863% of the 2,482,117.053  issued share capital of the Company, being the total number of shares in issue with voting rights at 6.00pm on 6th June 2022.

2.      Percentages are rounded to three decimal places.

Enquiries:

Woodbois Limited Paul Dolan - CEO	+ 44 (0)20 7099 1940
Canaccord Genuity (Nominated Advisor and Broker) Henry Fitzgerald-O'Connor James Asensio Gordon Hamilton	+ 44 (0)20 7523 8000

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 c470,000 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 was formed in March 2021 and 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 joint sixth in its Sustainability Policy Transparency Toolkit ('SPOTT'') ESG policy transparency assessments for the worldwide timber and pulp industries for 2021.

Please follow the Company on Twitter: @WoodboisLtd

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