Mr. Lucio Genovese reports

COTEC HOLDINGS CORP. ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

Cotec Holdings Corp. shareholders passed all resolutions by requisite majority at its annual and special meeting of shareholders held yesterday in virtual format.

The six incumbent directors, Julian Treger, Raffaele (Lucio) Genovese, Tom Albanese, Sharon Fay, Erez Ichilov and Robert Harward were re-elected to the board by shareholders. The shareholders also approved the reappointment of PricewaterhouseCoopers LLP as auditors of the company for the ensuing year and the company's amended and restated omnibus equity incentive plan.

Cotec chairman, Lucio Genovese, commented: "I would like to thank Margot Naudie, who did not stand for re-election, for her service over the past few years. She has made a significant contribution to our company through her board and committee positions, and her guidance, assistance and commitment will be greatly missed."

About Cotec Holdings Corp.

Cotec Holdings is redefining the future of resource extraction and recycling. Focused on rare-earth magnets and strategic materials, Cotec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains for the United States and its allies.

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