Published on 24 June 2022

TORONTO, ON, JUNE 24, 2022 – Propel Holdings Inc. (“Propel” or the “Company”) (TSX: PRL) today announced the voting results from its Annual General Meeting of the Shareholders (the “Meeting”), held on June 23, 2022. A total of 25,217,961 shares were represented in person or by proxy at the Meeting, constituting approximately 73.47% of the Company’s total issued and outstanding common shares as of the record date.

Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes.

The voting results in relation to the election of directors, were as follows:

Nominee Votes For
Votes Withheld
Michael Stein 98.49 1.51
Clive Kinross 99.53 0.47
Peter Monaco 99.98 0.02
Poonam Puri 99.23 0.77
Geoff Greenwade 99.23 0.77
Karen Martin 99.23 0.77

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on

About Propel

Propel is an innovative, online financial technology (“fintech”) company, committed to credit inclusion by providing and facilitating fair, fast and transparent access to credit with exceptional service using its proprietary online lending platform. Through its operating brands, MoneyKey and CreditFresh, Propel is focused on providing access to credit to underserved consumers who struggle to access credit from mainstream credit providers. Propel’s revenue growth and profitability have accelerated significantly over the past two years as Propel has been able to facilitate access to credit for an increasing number of consumers, helping them move forward in their credit journeys.

For further information, please contact:
Sarika Ahluwalia
Senior Vice President, Corporate Affairs & Chief Compliance Officer
(647) 776-5468