DIRTT Announces Receipt of Shareholder Meeting Requisition

Author of the article: CALGARY, Alberta, Nov. 17, 2021 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we” or “us”) (Nasdaq: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, announced today that its board of directors (the “Board”) has received a requisition…
DIRTT Announces Receipt of Shareholder Meeting Requisition

Author of the article:

CALGARY, Alberta, Nov. 17, 2021 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we” or “us”) (Nasdaq: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, announced today that its board of directors (the “Board”) has received a requisition pursuant to section 142 of the Business Corporations Act (Alberta). The requisition requests a special meeting of the Company’s shareholders be called to consider removing from office six (6) of the independent directors of the Company and replacing them with hand-picked nominees of Mr. Aron English of 22NW Fund, LP.

The Board (or a Committee thereof) will review the requisition to, among other things, determine its validity. The Company will respond to the requisition in due course. Shareholders are not required to take any action at this time.

Advisors

DIRTT has retained McMillan LLP as its legal advisor and Kingsdale Advisors as its strategic shareholder advisor and proxy solicitation agent.

About DIRTT

DIRTT is a building process powered by technology. The Company uses its proprietary ICE® software to design, manufacture and install fully customized interior environments. The technology drives DIRTT’s advanced manufacturing and provides certainty on cost, schedule, and the final result. Complete interior spaces are constructed faster, cleaner, and more sustainably. DIRTT has manufacturing facilities in Phoenix, AZ, Savannah, GA, Rock Hill, SC, and Calgary, AB. The Company works with distribution partners throughout North America. DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT”.

FOR FURTHER INFORMATION PLEASE CONTACT Kim MacEachern Investor Relations, DIRTT 403-618-4539 [email protected]

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