SmartKem announces annual shareholder meeting via virtual webcast

• SmartKem scheduled virtual annual stockholder meeting for June 23, 2026.
• Ballot includes election of two Class II directors for terms expiring 2029.
• Stockholders to vote on increasing authorized common stock to 5,000,000,000 shares, raising 2021 Equity Incentive Plan share limit to 2,144,622 shares, plus authority for up to two reverse stock splits with an aggregate ratio up to 1:250.
• Votes also cover issuances tied to equity line of credit up to USD 500 million, plus conversions of Series A convertible preferred stock or related warrants below Nasdaq minimum price above 19.99% issuance threshold.
• Other items include advisory votes on executive pay and say-on-pay frequency, auditor ratification for 2026, amendment to permit stockholder action by written consent, plus removal of certain supermajority voting requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartKem Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-055518), on May 05, 2026, and is solely responsible for the information contained therein.