First Atlantic Nickel & Cobalt shareholders approved amended long-term incentive plan at annual meeting

• First Atlantic Nickel & Cobalt held its annual general and special meeting on Aug. 13, 2026.
• Shareholders set the board size at three, adopting the resolution.
• Horizon Assurance LLP was appointed auditor; directors were authorized to set the auditor’s remuneration.
• An amended and restated omnibus long-term incentive plan was adopted, subject to final TSX Venture Exchange acceptance.
• The plan shifts to a hybrid structure: options capped at 10% rolling reserve; 15,291,350 shares set aside for non-option awards.

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