Xenetic Biosciences (XBIO) AGM 2025 summary

Opening remarks and agenda

• Interim CEO welcomed participants, introduced auditors and legal representatives, and called the meeting to order.

• Formal business was to proceed as outlined in the Notice of Annual Meeting and Proxy Statement.

Corporate governance

• List of stockholders entitled to vote was made available for examination prior to and during the meeting.

• Affidavit confirmed timely mailing of the Notice of Annual Meeting to all stockholders of record.

• Inspector of election took an oath to execute duties impartially and will file it with meeting records.

Overview of voting outcomes

• Proxies received represented about 42% of outstanding shares, insufficient for a quorum.

• Without a quorum, no business could be transacted and no votes could be tallied.