Visionary Holdings concludes AGM, completes board renewal

Visionary Holdings (GV) held its 2025 Annual General Meeting. Chaired by Mr. Robert Jay LEES, the voting rights represented by attending shareholders and their proxies accounted for 97.79% of the company’s total voting rights, far exceeding the quorum requirements stipulated in the Business Corporations Act, Nasdaq Listing Rules, and the company’s Articles of Association. The meeting’s convening procedures and agenda items were in compliance with laws and regulations, fully safeguarding shareholders’ rights to participation and voting. During the meeting, shareholders and their proxies conducted in-depth discussions on core agenda items including board renewal, reappointment of auditors, and review of the annual report. Eventually, all proposals were approved with an overwhelming majority, laying a solid institutional foundation for the company’s governance enhancement and business layout in the next fiscal year. As the core agenda of this meeting, the Company strictly adhered to the U.S. SEC’s director independence standards and Nasdaq’s mandatory rule of “a majority of independent directors”. The Nomination Committee, through public solicitation and multiple rounds of interview evaluations, selected 16 qualified candidates from 18 candidate profiles, covering key fields such as corporate management, financial management, legal compliance, international education, high-end medical aesthetics and big health, and biotechnology. Based on the statistics from the dual voting mode of “on-site voting + email voting”, 9 candidates – Mr. William T. Chai, Mr. Kealey Donald M, Mr. Jun Huang, Mr. Rusheng Wu, Mr. Robert Jay LEES, Ms. Jiena Zhang, Mr. Weixing Wang, Mr. Yi Wang and Mr. Henry Sun – were officially elected as members of the 4th Session of the Board of Directors, having received more than two-thirds of the affirmative votes from the valid voting rights of attending shareholders. Their term will run from the effective date of the resolution of this AGM to the end of the 2026 Annual General Meeting.