5N Plus Announces Election of Directors

MONTRÉAL, May 9, 2024 /CNW/ - 5N Plus Inc. (TSX: VNP) ("5N+" or the "Company"), a leading global producer  of specialty semiconductors and performance materials, announced that the nominees listed in its Management Information Circular dated April 1, 2024 were elected as directors of 5N Plus at its Annual General Meeting of Shareholders (the "Meeting") held earlier today. Subsequent to the Meeting, the directors re-appointed Mr. Luc Bertrand as Chairman of the Board of Directors of the Company.

Nominee	Votes For	% For	Votes Against	% Against
Luc Bertrand	48,677,282	88.33 %	6,433,945	11.67 %
Jean-Marie Bourassa	52,250,856	94.81 %	2,860,371	5.19 %
Blair Dickerson	48,659,349	88.29 %	6,451,878	11.71 %
Gervais Jacques	52,251,606	94.81 %	2,859,621	5.19 %
Andrée-Lise Méthot	54,703,572	99.26 %	407,655	0.74 %

Appointment of Independent Auditor

PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as independent auditor of 5N Plus until the close of the next annual general meeting of Shareholders, and the directors were authorized to fix the remuneration of the auditor.

Votes For	% For	Votes Withheld	% Withheld
54,955,641	98.24 %	983,411	1.76 %

About 5N+

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company's ultra‐pure materials often form the core element of its customers' products. These customers rely on 5N+'s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company's products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial. Headquartered in Montréal, Quebec, 5N+ operates R&D, manufacturing and commercial centers in strategically located facilities around the world including Europe, North America and Asia.

SOURCE 5N Plus Inc.

Richard Perron, Chief Financial Officer, 5N Plus Inc., +1 (514) 856‐0644, [email protected]