ONEnergy Inc. Announces Results of 2025 Annual General and Special Meeting of Shareholders

(TheNewswire)

TORONTO, CANADA (July 16,2025) – TheNewswire- ONEnergy Inc. (“ONEnergy” or the
"Company”) (NEX: OEG.H), is pleased to announce the results of its
Annual General and Special Meeting of Shareholders (the
“Meeting”), held on July 16, 2025.

A total of 95,330,371 common shares, representing
approximately 64.3% of the issued and outstanding common shares as of
the record date for the Meeting, were represented in person or by
proxy at the meeting.

The voting results are as follows:

1. Election of Directors

Each of the following nominees was elected as a
director of the Company:

2. Appointment of Auditors

Rice & Company LLP were appointed as auditors of
the Company until the close of the next annual meeting of
shareholders.

Votes for: 95,149,326 (99.81%)

Votes withheld: 181,045 (0.19%)

3. Continuance Resolution

The Continuance Resolution, as defined in the
Management Information Circular dated June 13, 2025 and filed on
SEDAR+ on June 18, 2025 (the “Circular”), was approved with at least
two-thirds (2/3) of the votes cast at the Meeting in favour of the
Continuance Resolution.

Votes for: 94,171,469 (98.78%)

Votes against: 1,158,902 (1.22%)

4. Omnibus Plan Resolution

The Omnibus Plan Resolution, as defined in the
Circular, was approved with the majority of the votes cast at the
Meeting in favour of the Omnibus Plan Resolution.

Votes for: 94,768,488 (99.41%)

Votes against: 561,883 (0.59%)

5. Debt Settlements Resolution

The Debt Settlements Resolution, as defined in the
Circular, was approved with the majority of the votes cast by
disinterested shareholders at the Meeting in favour of the Debt
Settlements Resolution.

Votes by disinterested shareholders for: 4,201,668
(88.21%)

Votes by disinterested shareholders against: 561,383
(11.79%)

6. Consolidation Resolution

The Consolidation Resolution, as defined in the
Circular, was approved with the majority of the votes cast at the
Meeting in favour of the Consolidation Resolution.

Votes for: 94,529,597 (99.16%)

Votes against: 800,774 (0.84%)

About ONEnergy Inc.

ONEnergy common shares are listed on the NEX board of
the TSX Venture Exchange under the symbol “OEG.H”.  Material
information about ONEnergy can be found on SEDAR+ under the
Company’s issuer profile at www.sedarplus.ca. ONEnergy's corporate website may be found at www.onenergyinc.com.

For additional information pleasecontact:

Ray de Ocampo, Chief Financial Officer,irinfo@onenergyinc.com, +1 (647) 253-2534

This news release contains certain"forward-looking information" and "forward-lookingstatements" (collectively "forward-looking statements")within the meaning of applicable securities legislation. Forward-looking statements in this news release include, but are notlimited to, statements about the business and operations of theCompany.  Although the Company believes that the expectationsreflected in these forward-looking statements are reasonable, unduereliance should not be placed on them as actual results may differmaterially from the forward-looking statements and there can be noassurance that such expectations will prove to be correct. Theforward-looking statements contained in this news release are made asof the date hereof, and the Company undertakes no obligation to updatepublicly or revise any forward-looking statements or information,whether as a result of new information, future events or otherwise,except a required by applicable securities laws. The forward-lookingstatements contained in this news release are expressly qualified bythis cautionary statement.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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