Company: TPET
Filing Date: 2025-07-31
Form Type: 8-K
Source: 0001641172-25-021669
Chunk: 1

Company: Trio Petroleum Corp.
Filing Date: 2025-07-31
Form: 8-K
Item: Item 5.07
Chunk 1
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ended and Restated Certificate of Incorporation, in substantially the form attached to the Proxy
Statement as Annex A, with the Secretary of State of Delaware.

Proposal
No. 3: Approval of Amendmentsto
the Company’s 2022 Equity Incentive Plan

The
third proposal was the approval of an amendment to our 2022 Equity Incentive Plan (the “2022 Plan”) to (i) increase the number
of shares of common stock reserved for issuance with respect to awards granted under the 2022 Plan from 500,000 shares of common stock
to 2,500,000 shares of common stock and (ii) increase the maximum number of shares of common stock that may be issued pursuant to the
exercise of incentive stock options under the 2022 Plan from 500,000 shares of common stock to 2,500,000 shares of common stock. The
vote on the proposal was as follows:

        FOR      AGAINST                  ABSTAIN                 BROKER                   
                                                                  NON-VOTE                 
 ───────────────────────────────────────────────────────────────────────────────────────────
  1,057,885                   92,591                   7,346                    1,931,053  

Proposal
No. 3 was approved by a majority of the votes cast.

Proposal
No. 4: Approval of an Amendment to the Company’s 2022 Equity Incentive Plan(Annual
Increase in Shares)

The
fourth proposal was the approval of an amendment to our 2022 Plan to add a new Section 5(d) which provides for the addition of an “evergreen”
provision to the 2022 Plan such that on each November 1st, through and including November 1, 2031, a number of shares of common stock
will be added to the 2022 Plan equal to the lesser of (i) 5% of the number of shares of common stock issued and outstanding on the immediately
preceding October 31st and (ii) an amount determined by the Company’s Board. The vote on the proposal was as follows:

        FOR      AGAINST                  ABSTAIN                 BROKER                   
                                                                  NON-VOTE                 
 ───────────────────────────────────────────────────────────────────────────────────────────
  1,067,474                   82,873                   7,475                    1,931,053  

Proposal
No. 4 was
approved by a majority of the votes cast.

Proposal
No.