Ivanhoe Electric Board amends bylaws to replace supermajority vote requirement with majority standard

Ivanhoe Electric Inc.

Board adopted Second Amended and Restated Bylaws on February 21, 2025.
Eliminates 66 2/3% supermajority stockholder vote for bylaw amendments, replaced with majority vote.
Change will not have substantive effect until certificate of incorporation is similarly amended.
Company plans to propose certificate amendment at 2025 annual meeting of stockholders.
Bylaws also deny application of Arizona Corporate Takeover Laws.

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