EX-99.2 3 ea179497ex99-2_bitfarmsltd.htm REPORT OF VOTING RESULTS DATED MAY 24, 2023

Exhibit 99.2

 

Annual Meeting of Shareholders

May 24, 2023

Report on Voting Results

Pursuant to Section 11.3 of

National Instrument 51-102 – Continuous Disclosure Obligations

 

 

 

The annual meeting (the “Meeting”) of shareholders of Bitfarms Ltd. (the “Company”) was held on May 24, 2023. Shareholders holding an aggregate of 72,262,470 common shares of the Company (“Common Shares”), being 30.08% of the issued and outstanding Common Shares as of the record date of April 4, 2023, were present or represented by proxy at the Meeting.

 

1.Election of Directors

 

Based on the proxies received and the votes at the Meeting, all nominees set forth in the Company’s management information circular dated April 4, 2023 were elected as directors of the Company at the Meeting. Detailed results of the votes are set out below:

 

Nominee  Votes For   Votes Against 
Nicolas Bonta   36,843,570    4,054,758 
Andres Finkielsztain   34,477,109    6,421,219 
Emiliano Joel Grodzki   23,273,371    17,624,957 
Edith M. Hofmeister   39,753,171    1,145,157 
Brian Howlett   29,372,402    11,525,926 
Geoffrey Morphy   36,859,871    4,038,457 

 

*Proxies representing a total of 31,364,142 shares were not voted in respect of the election of directors.

 

2.Appointment of Auditors

 

Based on the proxies received and the votes at the Meeting, the shareholders of the Company (i) re-appointed PricewaterhouseCoopers LLP (“PWC”) as auditors of the Company, and (iii) authorized the directors of the Company to fix the remuneration of PWC. The outcome of the vote was as follows:

 

Votes For   Votes Withheld
71,810,528   451,942

 

3.Approval of Consolidation

 

Based on the proxies received and the votes by ballot at the Meeting, the shareholders of the Company approved the special resolution to consolidate the Company’s issued and outstanding Common Shares on the basis of a maximum ratio of 10:1. The outcome of the vote was as follows:

 

Votes For   Votes Against
64,694,009   7,568,461