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Thunderbird Entertainment Group Announces 2024 AGM Results and Annual Grant of RSUs to the Board of Directors

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Thunderbird Entertainment Group Announces 2024 AGM Results and Annual Grant of RSUs to the Board of Directors

VANCOUVER, British Columbia, December 16, 2024–(BUSINESS WIRE)–Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) is pleased to announce that all matters submitted to shareholders for approval at the Company’s annual general and special meeting of shareholders (the “Meeting”) held December 12, 2024 were approved, including, among other matters, reappointing each of the Company’s directors to the Board: Jennifer Twiner McCarron, Asha Daniere, David Lazzarato, Azim Jamal, Jerome Levy, Lisa Coulman and Taylor Henderson. The Report of Proxies has been posted on SEDAR+.

In addition, shareholders of the Company approved the Omnibus Equity Incentive Plan (the “Omnibus Incentive Plan”) to replace the existing stock option plan and equity incentive compensation plan. The Omnibus Incentive Plan is a “rolling up to 10%” share-based compensation plan pursuant to which up to an aggregate of 10% of the Common Shares issued and outstanding may be reserved for issuance under it and any other security-based compensation plans of the Corporation, in the form of stock options, restricted share units (“RSUs”), deferred share units (“DSUs”) and performance share units (“PSUs”). A copy of the Omnibus Incentive Plan and further details are included in the Company’s management information circular regarding the Meeting available on SEDAR at www.sedarplus.com. The Omnibus Incentive Plan remains subject to the final approval of the TSXV.

The Company has granted an aggregate of 179,476 RSUs to its non-executive directors on December 16, 2024, pursuant to the terms of the Company’s Omnibus Incentive Plan. The RSUs will vest on the later of (i) the date that is immediately prior to the date of the Company’s next annual meeting of its shareholders; or (ii) one-year anniversary of the date of the grant. Each vested RSU entitles the holder to receive one common share of the Company.

For information on Thunderbird and to subscribe to the Company’s investor list for news updates, go to www.thunderbird.tv.

ABOUT THUNDERBIRD ENTERTAINMENT GROUP

Thunderbird Entertainment Group is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with additional offices in Los Angeles and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world’s leading digital platforms, as well as Canadian and international broadcasters. The Company develops, produces, and distributes animated, factual, and scripted content through its various content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Productions under the Thunderbird umbrella include Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim’s Convenience, Boot Camp, and Sidelined: The QB and Me . Thunderbird Distribution and Thunderbird Brands manage global media and consumer products rights, respectively, for the Company and select third parties. Thunderbird is on Facebook, Twitter, and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv.

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