(2) MARKHAM, ON / ACCESSWIRE / December 15, 2020 / Pond Technologies Holdings Inc. (" Pond") (TSXV:POND)(OTCQB:PNDHF)(FSE:40O), announces that its existing Stock Option Plan and certain amendments to its Directors Deferred Share Unit Plan (the " DSU Plan") were approved by its shareholders at the annual general and special meeting of Pond held on December 9, 2020. The approved amendments to the DSU Plan: increase the number of common shares of Pond reserved for issuance thereunder from 500,000 shares to 1,500,000 shares; revise the formula for calculating the number of deferred share units (" DSUs") to be credited to Pond's directors to be equal to the amount of directors compensation elected to be satisfied through the issuance of DSUs divided by the greater of $0.50 and the then market price of Pond's common shares listed on the TSXV; and