ZCL Composites Announces the Voting Results from Annual General & Special Meeting of Shareholders

1.

Election of Directors:  A vote was conducted with respect to the election of the directors to hold office until the next annual meeting of shareholders.  According to the proxies received, the following directors were elected to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:

2.

Appointment of Auditors:     By vote by way of a show of hands, Ernst & Young LLP, Chartered Accountants, were reappointed Auditors of the Corporation.

3.

Re-approval of Corporation' Stock Option Plan: At the Meeting, by way of ballot, shareholders of the Corporation also re-approved the ZCL Stock Option Plan (2018).  A full copy of the plan is available on SEDAR as a schedule to the most recent management information circular.

4.

Approval of appointment of Directors Resolution: By vote by way of a show of hands, the shareholders approved an amendment to the Articles of the Corporation relating to the appointment of directors.  The amendment allows the directors to appoint one or more additional directors between annual meetings of shareholders, provided that the number of directors so appointed may not exceed one third of the number of directors elected at the previous annual meeting of shareholders.  The full text of the By-Law amendment is available on SEDAR as a schedule to the most recent management information circular.