Company: DMAC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001437749-25-009696
Chunk: 22

Company: DiaMedica Therapeutics Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 22
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 officers, or otherwise. Our Compensation Committee and our Board expect to take into account the outcome of the vote when considering future executive compensation decisions.

<div align='center'>18</div>

Next Say-On-Pay Vote

Consistent with the results of the advisory vote on the frequency of the say-on-pay vote held at the 2024 Annual General Meeting of Shareholders, the Board determined that we will conduct a say-on-pay vote on an annual basis. Accordingly, the next say-on-pay vote will occur at our 2026 Annual General Meeting of Shareholders. Since a frequency of say-on-pay vote must be conducted every six years, we expect to conduct the next frequency of say-on-pay vote at our 2030 Annual General Meeting of Shareholders.

Board of Directors Recommendation

The Board of Directors unanimously recommends that our shareholders vote FOR approval, on an advisory basis, of our executive compensation, or say-on-pay vote.

| The Board of Directors Recommends a Vote FOR Voting Proposal Three |

<div align='center'>19

STOCK OWNERSHIP</div>

Security Ownership of Significant Beneficial Owners

The table below sets forth information as to entities that have reported to the SEC or have otherwise advised us that they are a beneficial owner, as defined by the SEC’s rules and regulations, of more than five percent of our common shares.

| Title of Class | Name and Address of              
 Beneficial Owner                 | Amount and Nature of Beneficial Ownership | Percent of 
 Class(1)   |
| Common Shares  | TomEqt Private AB                
 c/o KinKon AB                    
 Biblioteksgatan 25               
 11435                            
 Stockholm, Sweden                | 5,526,435(2)                              | 12.9%      |
| Common Shares  | Trill AB                         
 Sveavägen 17, 18th Floor         
 SE-111 57                        
 Stockholm, Sweden                | 5,221,608(3)                              | 12.2%      |
| Common Shares  | Richard Jacinto II               
 4775 Collins Avenue, Suite 3003  
 Miami Beach, FL 33140            | 4,558,823(4)                              | 10.6%      |
| Common Shares  | Dialectic Capital Management, LP 
 119 Rowayton Avenue, 2nd Floor   
 Norwalk, CT 06853                | 2,173,529(5)                              | 5.1%       |

| (1) | Percent