LARGO INC.
Voting Results for the Annual and Special Meeting of Shareholders Held on June 30, 2022
To: The Canadian securities regulatory authorities
Report of Voting Results
In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual and special meeting of shareholders (the "Meeting") of Largo Inc. (the "Corporation") held on June 30, 2022. Shareholders holding an aggregate of 50,187,930 common shares (77.42% of the outstanding common shares) were present or represented by proxy at the Meeting. The results of the voting are set out below.
Number of Directors
At the Meeting, the shareholders passed a motion that the number of board of directors of the Corporation be set at six (6) directors to hold office until the next annual meeting of shareholders.
| Votes For | % | Votes Against | % | Not Voted |
| 40,912,418 | 97.788 | 925,625 | 2.212 | 8,347,680 |
Election of Directors
At the Meeting, management of the Corporation presented to the shareholders its nominees for directors. The following individuals were elected as directors until the next annual general meeting of the Corporation or until their successors are elected or appointed.
| Director Nominee | Votes For | % | Votes Withheld | % |
| Alberto Arias | 34,878,708 | 83.366 | 6,959,335 | 16.634 |
| David Brace | 40,541,092 | 96.900 | 1,296,951 | 3.100 |
| Jonathan Lee | 39,662,307 | 94.800 | 2,175,736 | 5.200 |
| Paulo Misk | 40,667,237 | 97.202 | 1,170,806 | 2.798 |
| Daniel Tellechea | 40,197,587 | 96.079 | 1,640,456 | 3.921 |
| Koko Yamamoto | 40,185,549 | 96.050 | 1,652,494 | 3.950 |
Appointment of Auditors
At the Meeting, the shareholders re-appointed KPMG LLP as the Corporation's auditors and authorized the directors to fix the auditors' remuneration.
| Outcome | Votes For | % | Votes Withheld | % |
| Approved | 50,050,154 | 99.730 | 135,569 | 0.270 |
