ISS Backs Aurora Cannabis, Recommends Approval of All Board Resolutions

Deep News07-27 23:24

Global medical cannabis leader Aurora Cannabis Inc announced today that independent proxy advisory firm Institutional Shareholder Services Inc (ISS) has recommended shareholders vote in favor of all resolutions at the upcoming annual general meeting. ISS is a premier provider of corporate governance solutions, with its voting recommendations widely adopted by over 1,700 institutional clients worldwide.

The recommendations from ISS cover the following items: setting the board size at five directors, electing directors for the next term, appointing auditors for the upcoming year, and an advisory vote on executive compensation. Aurora’s Executive Chairman and Chief Executive Officer expressed satisfaction that ISS recognized the company's strong governance framework and board oversight mechanisms. He also thanked shareholders for their trust and support, emphasizing the company's continued focus on expanding its global medical cannabis operations and creating long-term value.

The company’s annual general meeting is scheduled to be held virtually on August 7, 2026. Shareholders will be able to participate via a live webcast, ensuring equal access. Meeting materials are available on the company's website and on SEDAR+. The voting deadline is set for 1:00 PM Eastern Time on August 5, 2026. Aurora stressed that voting is of great importance to shareholders, and every vote counts, regardless of the number of shares held. Shareholders with questions or needing assistance with voting can contact the company’s strategic advisor and proxy solicitor.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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