Company: TPET
Filing Date: 2025-06-18
Form Type: DEF 14A
Source: 0001641172-25-015530
Chunk: 11

Company: Trio Petroleum Corp.
Filing Date: 2025-06-18
Form: DEF 14A
Chunk 11
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 complement those of our other directors that helps build a board that is effective, collegial and responsive to the needs of our company; strategic thinking and a willingness to share ideas; a diversity of experiences, expertise and background; and the ability to represent the interests of all of our stockholders. The information presented below regarding each nominee and continuing director also sets forth specific experience, qualifications, attributes and skills that led our Board of Directors to the conclusion that such individual should serve as a director in light of our business and structure.

Director Nominee Qualifications

William J. Hunter –The Board believes that Mr. Hunter is well-qualified to serve on the Board due to Mr. Hunter’s years of experience as a member of the Company’s Board, coupled with his past experiences in finance and business management, that we believe continue align with Trio’s vision. We believe Mr. Hunter’s leadership and experience continue to be instrumental in supporting our drive for sustainable growth, operational efficiency, and long-term shareholder value.

James H. Blake– The Board believes that Mr. Blake is well-qualified to serve on the Board due to Mr. Blake’s wealth of knowledge in financial management and his entrepreneurial insights that we believe align with Trio’s strategic goals for growth and innovation. We believe Mr. Blake’s leadership and experience continue to be instrumental in supporting our drive for sustainable growth, operational efficiency, and long-term shareholder value.

Vote Required

The election of each of the Class II directors requires a plurality of the votes cast at a meeting of the stockholders by the holders of stock entitled to vote in the election.

Board Recommendation

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE “FOR” EACH OF THE CLASS II DIRECTOR NOMINEES SUBMITTED PURSUANT TO THE DIRECTOR ELECTION PROPOSAL.

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<div align='center'>PROPOSAL NO. 2 — THE AUTHORIZED SHARES REDUCTION PROPOSAL</div>

Introduction

Our Board of directors has approved an amendment to our Certificate of Incorporation to reduce the authorized number of shares of our common stock from 500,000,000 shares to 150,000,000 shares. As described in more detail below, we believe that 150,000,000 shares of common stock is sufficient to satisfy all outstanding equity awards and rights to obtain shares of our common stock as well as support our ongoing efforts to raise capital to fund the Company’s operations for the foreseeable future.

The form of the Certificate of Amendment to our Certificate of Incorporation