Result of General Meeting
Crystal Amber Fund Limited announced that all resolutions were passed at its Extraordinary General Meeting, approving a new investment policy and strategy. Effective May 1, 2026, Global Fund Management Services Limited will become the new alternative investment fund manager, and Tarncourt Asset Management Limited will be the new investment adviser, while Crystal Amber Asset Management (Guernsey) Limited and Crystal Amber Advisers (UK) LLP will cease their roles. Shareholders overwhelmingly supported these changes, with Resolution 1 receiving 99.35% of votes in favour and Resolution 2 receiving 99.39% of votes in favour.
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The Company announces that at the Extraordinary General Meeting held earlier today, all resolutions set out in the circular to shareholders dated 31 March 2026 (the "Circular") were duly passed.
Accordingly, the Fund's new investment policy and strategy as set out in the Circular has been approved and on 1 May 2026 the appointment of Global Fund Management Services Limited as the Fund's new alternative investment fund manager (AIFM) and Tarncourt Asset Management Limited as the new investment adviser will become effective, and at the same time, Crystal Amber Asset Management (Guernsey) Limited will cease to act as the Fund's investment manager and Crystal Amber Advisers (UK) LLP will cease to act as the Fund's investment adviser.
In addition, following the approval of resolution 2 by shareholders, the new articles of incorporation have been adopted and a copy is available on the Company's website at www.crystalamber.com.
The proxy votes received on each resolution are set out in the table below. Resolution 1 was proposed as an ordinary resolution and resolution 2 was proposed as a special resolution.
| Total Votes For | Total % For | Total Votes Against | Total % Against | Total Votes Withheld* | |
|---|---|---|---|---|---|
| Resolution 1 | 31,594,569 | 99.35% | 206,267 | 0.65% | 27,122 |
| Resolution 2 | 31,592,541 | 99.39% | 192,451 | 0.61% | 42,966 |
*Votes withheld are not included as a vote withheld is not a vote in law and is therefore not counted towards the proportion of votes 'for' or 'against' a resolution.
Discretionary votes received were voted in favour of a resolution and are counted in the proportion of votes 'for'.
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