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Parkit Enterprise Inc. Proxy Solicitation & Information Statement 2026

Apr 16, 2026

46440_rns_2026-04-16_2305eb09-0ef6-4927-bee6-9b1f7eda01ea.pdf

Proxy Solicitation & Information Statement

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PARKIT ENTERPRISE INC.

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN THAT AN ANNUAL GENERAL AND SPECIAL MEETING (the "Meeting") of holders of common shares ("Common Shares") of Parkit Enterprise Inc. (the "Corporation") will be held at 100 Canadian Road, Toronto, Ontario, on Thursday, May 21, 2026 at 2:00 p.m. (Toronto time) for the following purposes:

  1. to receive and consider the audited financial statements of the Corporation for the financial year ended December 31, 2025, and the report of the auditor thereon;
  2. to fix the number of directors of the Corporation to be elected at the Meeting at six (6);
  3. to elect the Board of Directors of the Corporation for the ensuing year;
  4. to appoint the auditor of the Corporation for the ensuing year and to authorize the Board of Directors to set the auditor's remuneration;
  5. to consider, and if thought fit, approve the ordinary resolution, as more particularly set forth in the accompanying Management Information Circular prepared for the purpose of the Meeting, relating to the re-approval of the stock option plan of the Corporation;
  6. to consider, and if thought fit, approve the special resolution, as more particularly set forth in the accompanying Management Information Circular, authorizing and approving the consolidation of the issued and outstanding Common Shares on the basis of one (1) new Common Share for up to every existing twenty (20) Common Shares issued and outstanding immediately prior to the consolidation; and
  7. to transact such other business as may be properly brought before the meeting or any adjournment thereof.

DATED this 8th day of April, 2026.

BY ORDER OF THE BOARD OF DIRECTORS

signed "Iqbal Khan"
Iqbal Khan
Chief Executive Officer and Director

NOTE: It is desirable that as many shares as possible be represented at the Meeting. If you do not expect to attend the Meeting and would like your shares represented, please complete the enclosed instrument of proxy and return it as soon as possible in the envelope provided for that purpose, or vote by telephone or by internet. All proxies, to be valid, must be received by Computershare Trust Company of Canada, Proxy Department, 320 Bay Street, 14th Floor, Toronto, Ontario M5H 4A6, at least forty-eight (48) hours, excluding Saturdays, Sundays and holidays, before the Meeting or any adjournment thereof. Late proxies may be accepted or rejected by the Chair of the Meeting in his discretion, and the Chair is under no obligation to accept or reject any particular late proxy.

To allow shareholders and proxyholders to listen to the Meeting without attending in person, they may listen to the Meeting in real time via teleconference, using the following dial-in instructions:

Toll-Free: 1.866.261.6767
Participant Code: 6477807#


Shareholders and proxyholders will not be able to vote or ask questions through the teleconference line, and as such, the Corporation is advising all Shareholders who plan to listen to the live audio of the Meeting, TO VOTE BY PROXY, BY MAIL, BY TELEPHONE OR ON THE INTERNET IN ADVANCE OF THE MEEING.