Company: MDCXW
Filing Date: 2025-06-30
Form Type: DEF 14A
Source: 0001062993-25-012273
Chunk: 38

Company: Medicus Pharma Ltd.
Filing Date: 2025-06-30
Form: DEF 14A
Chunk 38
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 the Board by a vote of not less than 75% of the Board. This amendment would be implemented by adding the following text to the Articles (the "Chairman Amendment"):

"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."

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 5.

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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