Thunderbird Resorts : AGM Voting Results-Appointment of Officers and Committee Members

UPDATE

ANNUAL GENERAL MEETING OF SHAREHOLDERS RESULTS,

ELECTION OF OFFICERS AND COMMITTEE MEMBERS

Thunderbird Resorts Inc. reports the following results of the Company's Annual General Meeting of Shareholders held in La Mesa, California on December 21 2021:

• On the matter of election of the board of directors, the shareholders voted 99% in favor of electing Salomon Guggenheim, Stephan Fitch and Reto Stadelmann to serve on the board for the ensuing year.
• Baker Tilly was appointed as auditors for the ensuing year and the Board of Directors was authorized to affix their remuneration.
• The shareholders received and considered the financial statements together with the auditor's report thereon for the financial year ended December 31, 2017.

Following the meeting of shareholders the Board of Directors appointed the following persons as officers for the ensuing year:

• Salomon Guggenheim, President and Chief Executive Officer
• Albert W. Atallah, General Counsel and Corporate Secretary
• Peter LeSar, Chief Financial Officer

Based on the recommendations made by the Nominating Committee, the Board approved the following committee members:

Audit Committee	Stephan Fitch (Chairman)
	Reto Stadelmann
	Advisory member: Peter Lesar
Compensation Committee	Reto Stadelmann (Chairman)
	Stephan Fitch
	Salomon Guggenheim
Nominating and Governance Committee	Stephan Fitch (Chairman)
	Reto Stadelmann
	Salomon Guggenheim
Investment Committee	Stephan Fitch (Chairman)
	Advisory members: Salomon Guggenheim,
	Peter Lesar and Albert Atallah

LATIN AMERICA OFFICE Edificio Thu nd er bir d

Call e Albe rto Navar ro, E l Can grejo 92106

Aparta do 082 3 - 00514
Panama, Rep ublic of Pa na ma
Tel: (5 07 ) 22 3 - 123 4	WWW.T HUNDERBI RD RE SORT S. COM
Fax: (50 7) 223 - 0 869	info@th und erbirdresorts . co m

USA OFFICE

10531 - 4S C ommons Dr .

San Di ego, Calif orn ia 9 21 27 USA

Tel: (619 ) 26 1 - 11 38

Fax: (85 8) 513 - 3 760