Board Change • Jul 23
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). CEO & Director Eric Lapointe is the most experienced director on the board, commencing their role in 2025. Independent Director John Sinclair was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Jul 14
Icarus Capital Corp. Announces Board and Committee Appointments Icarus Capital Corp. announce the appointment of John C. Sinclair, CPA, CA to its Board of Directors, effective July 14, 2026. Mr. Sinclair is a Chartered Professional Accountant with more than 40 years of experience in public accounting, corporate governance and the Canadian capital markets. Throughout his career, he has advised public companies, boards of directors and audit committees on financial reporting, regulatory compliance, corporate finance and strategic transactions. His experience includes public company audits, initial public offerings, Capital Pool Companies and ongoing governance matters, bringing valuable financial and public company expertise to Icarus. The Board has also appointed Mr. Sinclair as Chair of the Audit Committee. Director Kevin Booth has been appointed to the Audit Committee, completing the Company's independent Audit Committee which consists of Eric Lapointe (CEO, director), Kevin Booth (independent director) and John Sinclair (independent director). Board Change • Jul 08
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Director Eric Lapointe is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 
