Company: MDCXW
Filing Date: 2025-06-13
Form Type: PRE 14A
Source: 0001062993-25-011673
Chunk: 42

Company: Medicus Pharma Ltd.
Filing Date: 2025-06-13
Form: PRE 14A
Chunk 42
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 Board so long as he or she remains a director and (i) has not resigned from that position, or (ii) been removed from that position by a vote of not less than 75% of the Board."

In accordance with Section 168(5) of the OBCA, the following special resolution (the "Chairman Resolution") is hereby submitted for approval by the Shareholders:

"RESOLVED, as a special resolution of the shareholders of Medicus Pharma Ltd., that:

(a)The amendment of the articles of the incorporation of the Company by adding the text below, is hereby confirmed, ratified and approved:

"Chairman of the Board of Directors of the Corporation (the "Board"): The individual elected as Chairman of the Board by the Board following the annual general and special meeting of the shareholders held in July 2025 shall remain Chairman of the Board so long as he or she remains a director and (i) has not resigned from that position, or (ii) been removed from that position by a vote of not less than 75% of the Board.";

(b)any director or officer of the Company be and he or she is hereby authorized and directed, for and on behalf of the Company, to execute and deliver all such documents and to do all such other acts or things as he or she may determine to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination."

In order to pass the Chairman Resolution, at least two-thirds of the votes cast by the Shareholders present at the Meeting in person or by proxy must be voted in favor of the Chairman Resolution.

THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE "" THE CHAIRMAN AMENDMENT IN PROPOSAL 6.

<div align='center'>CORPORATE GOVERNANCE</div>

Board of Directors

The Board currently consists of seven directors. The Board is responsible for the general supervision of the management of our business and affairs with the objective of enhancing shareholder value. The Board discharges its responsibilities directly and through its committees. The Board may establish one or more committees of the Board, however designated, and delegate to any such committee the full power of the board of directors, to the fullest extent permitted by law.

Our articles provide that the number of directors may be between 1 and 15. The number of directors may be increased or decreased upon approval of the Shareholders or, in certain circumstances and subject