TORONTO, May 12, 2022 /CNW/ – Baylin Technologies Inc. (TSX: BYL) (the “Company“) announced today the results of matters voted on at its annual and special meeting of shareholders held on May 12, 2021 (the “Meeting“). The voting results of each matter presented at the Meeting are outlined below.
There were 56,168,293 common shares of the Company represented by shareholders present in person or by proxy at the Meeting, representing approximately 70.13% of the Company’s total issued and outstanding common shares as at the record date for the Meeting.
On a vote by way of ballot, each of the six nominees proposed by management was elected to serve as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed.
On a vote by way of ballot, RSM Canada LLP were appointed auditors of the Company to hold office until the next annual meeting of shareholders, at a remuneration to be fixed by the directors of the Company.
Nominee
Votes in Favour
Votes Withheld
Number
Percentage
Janice Davis
55,805,595
99.83
92,324
0.17
Barry Reiter
55,807,120
99.84
90,799
0.16
Jeffrey Royer
55,670,623
99.59
227,296
0.41
David Saska
55,806,820
91,099
Donald Simmonds
55,807,423
90,496
Harold Wolkin
55,817,073
99.86
80,846
0.14
On a vote by way of ballot, shareholders approved the Amended and Restated Omnibus Equity Incentive Plan of the Company, including the amendments to the Plan described in the Management Information Circular for the Meeting.
55,821,287
99.85
84,649
0.15
Baylin is a diversified global wireless technology company. We focus on research, design, development, manufacture and sale of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers’ needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.
Votes Against
55,584,156
99.44
313,763
0.56
SOURCE Baylin Technologies Inc.
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