Nextech3D.AI Corporation (NEXCF) Earnings Call Transcript & Summary

Hello and welcome to the Annual Meeting of Shareholders of Nextech3D.AI Corporation. Please note that today's meeting is being recorded. If you participate in today's meeting and disclose personal information, you will be deemed to consent to the recording, transfer, and use of same. If you disclose personal information of another person in today's meeting, you will be deemed to represent and warrant to Computershare and the corporation that you've first obtained all required consents for the disclosure, recording, transfer, and use of such personal information from all appropriate persons before your disclosure. [Operator Instructions] It is now my pleasure to turn today's meeting over to Evan Gappelberg. The floor is yours.

Thank you. Good morning, everyone. Good afternoon. Good evening. Welcome to the Annual Meeting of Nextech3D.AI Corporation. The meeting will now come to order. I am Evan Gappelberg, and I am a Director and the CEO of the company, and I will act as chair of the meeting. As we have determined to hold the meeting virtually, it is being hosted today on the Computershare Virtual Shareholder Meetings platform. This allows registered shareholders or their proxyholders to vote and to submit questions and comments to the moderator to be read and addressed at the meeting. If you have a question or comment, please submit it through the system now, and we will answer at the appropriate time. I shall ask Anum Wagas to act as Secretary of meeting and Teresa Kwan, representative of Computershare, to act as Scrutineer. I have received confirmation from Computershare Investor Services as to the due mailing of the meeting materials. I direct that this confirmation, together with copies of these documents, be kept by the Secretary with the minutes of this meeting. Business may be transacted at this meeting if one or more persons are present in person or by proxy, entitled to vote at the meeting. The Scrutineer's report has now been received, and it shows that there is a quorum of shareholders present at the meeting. I direct that the Scrutineer's report be kept by the Secretary with the minutes of this meeting. I now declare that the meeting is regularly called and properly constituted for the transaction of business. We will conduct each vote by way of vote cast on the Computershare platform and those submitted by proxy. I understand that the Scrutineers' have tabulated all the votes received prior to voting cutoff. If you have previously voted, you do not need to vote again when prompted. By voting again, you will revoke any previous vote made prior to voting cutoff. Particulars of the votes cast on all matters may be obtained from the Secretary after the meeting. I direct that the Scrutineers' report on all matters be annexed to the meetings of this -- to the minutes of this meeting as a schedule. As the first order of business, I would like to present the financial statements for the year ended December 31, 2023, and the auditor's report thereon. These are located on the Computershare dashboard page. Would someone move that the reading of the financial statements of the corporation and the auditor's report be waived?

I so move.

I will proceed with the next motion. The next item of business is to set the number of Directors of the corporation and to elect the Directors of Nextech3D.AI Corporation. The corporation proposes to set the number of Directors at 3.

I move that the number of directors of Nextech3D.AI Corporation be set at 3.

Is there any discussion or questions submitted from any registered shareholder or proxyholder?

Mr. Chairman, there are no questions.

I am advised there are no questions, and we'll proceed with the next motion. While the meeting materials in respect of this meeting originally indicated that Belinda Tyldesley and Nidhi Kumra would stand for reelection at this meeting, both have determined not to stand for reelection as originally contemplated. The corporation is required by law and exchange policy to have a minimum of 3 directors. Peter Bloch has been selected by the Board of Directors of the corporation to stand for election at today's meeting. I will now entertain the nominations for 3 positions as Directors of Nextech3D.AI Corporation. I ask that the nominations come from registered shareholders of the corporation, either through Computershare's Q&A platform or verbally through the speaker line.

I nominate Evan Gappelberg, Anthony Pizzonia and Peter Bloch as Directors of Nextech3D.AI Corporation to hold office until the next annual election of directors or until their successors are elected or appointed.

Is there any discussion or questions submitted from any registered shareholders or proxyholder?

Mr. Chairman, there are no questions at this time.

As there are no further nominations, I now declare the nominations closed. I will now invite a motion that the 3 individuals nominated for election as Directors be elected as Directors to hold office until the close of the next Annual Meeting of Shareholders or until their respective successors are elected or appointed, or they otherwise cease to hold their position -- respective offices?

I so move.

Is there any discussion or question submitted from any registered shareholder or proxyholder?

Mr. Chairman, there are no questions at this time.

We will now open the voting for all of the resolutions. The next item of business is the appointment of the auditors.

I move that Davidson & Company LLP be appointed auditors of Nextech3D.AI Corporation until the next annual meeting or until their successor is appointed, and that their remuneration as such be fixed by the Board of Directors.

Is there any discussion or question submitted from any registered shareholder or proxyholder?

Mr. Chairman, there are no questions at this time.

Unless there are any questions from the floor, I would entertain a motion that the meeting be terminated.

I move this meeting be terminated.

I declare this meeting terminated. Thank you, all, who participated in our virtual meeting.

[Technical Difficulty] the meeting. You may now disconnect.