SHAREHOLDER RIGHTS PLAN AGREEMENT DATED AS OF AUGUST 25TH, 2011 Between DIAMEDICA INC. and CIBC MELLON TRUST COMPANY as Rights AgentShareholder Rights Plan Agreement • January 30th, 2014 • DiaMedica Inc. • Manitoba
WHEREAS the Board of Directors of the Company has determined that it is advisable that the Company adopt a shareholder rights plan to take effect on the Effective Date (as hereinafter defined), subject to approval by the Independent Shareholders (as hereinafter defined) at the annual and meeting of shareholders of the Company scheduled to be held i n 2 0 1 1 , to ensure fair and equal treatment of all the Company’s shareholders in the event of a take-over bid, to protect shareholders from coercive take-over tactics and to allow the Board of Directors and Shareholders of the Company adequate time to assess the bid and consider alternatives to enhance value for Shareholders (the “Rights Plan”);
