Mogo Announces Results of Its Annual Meeting of Shareholders
June 28 2022 - 08:07PM
Business Wire
The annual general meeting of shareholders (the "Meeting") of
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ("Mogo" or the "Company"), a
digital payments and financial technology company, was held today
via live audiocast online and the Company is pleased to announce
that all resolutions put forward, being the election of directors,
the appointment of the auditors of the Company, and the renewal of
the Company’s stock option plan and all unallocated options
thereunder, were approved. Each of the matters voted upon at the
Meeting is discussed in detail in the Company’s management
information circular dated May 24, 2022 (the “Circular”), which can
be found under the Company’s profile on SEDAR (www.sedar.com).
The total number of votes cast by shareholders by proxy or
online at the Meeting was 29,013,586 votes, representing 37.8% of
the Company's outstanding shares as at May 24, 2022. The voting
results are detailed below.
Election of Directors
The nominees listed in the Circular were elected as directors of
Mogo. Detailed results of the vote are as follows:
Name of Nominee
Votes For
% Votes For
Votes Withheld
% Votes Withheld
David Feller
19,396,211
84.72
3,498,852
15.28
Gregory Feller
19,351,446
84.52
3,543,617
15.48
Michael Wekerle
17,884,811
78.12
5,010,253
21.88
Christopher Payne
21,060,494
91.99
1,834,570
8.01
Liam Cheung
19,255,058
84.10
3,640,005
15.90
Wendy Rudd
21,006,278
91.75
1,888,785
8.25
Appointment of Auditor
KPMG LLP was re-appointed as auditor of the Company until the
next annual general meeting of shareholders of the Company at
remuneration to be fixed by the Company's board of directors.
Detailed results of the vote are as follows:
Votes For
% Votes For
Votes Withheld
% Votes Withheld
28,943,621
99.77
66,343
0.23
Approval of Unallocated Options
The Company’s Stock Option Plan and all unallocated options
under the Company’s Stock Option Plan were renewed. Detailed
results of the vote are as follows:
Votes For
% Votes For
Votes Against
% Votes Against
17,472,977
76.32
5,422,086
23.68
The Company has filed a report of voting results on all
resolutions voted upon at the Meeting under its profile on SEDAR at
www.sedar.com.
About Mogo
Mogo Inc., one of Canada’s leading financial technology
companies, is empowering its 1.9 million members with simple
digital solutions to help them get in control of their financial
health while also making a positive impact with their money.
Through the free Mogo app, consumers can access a digital spending
account with Mogo Visa* Platinum Prepaid Card featuring automatic
carbon offsetting, easily buy and sell bitcoin, get free monthly
credit score monitoring and ID fraud protection and access personal
loans and mortgages. Mogo’s new MogoTrade app offers
commission-free stock trading that helps users make a positive
impact with every investment and together with Moka, Mogo’s
wholly-owned subsidiary bringing automated, fully-managed flat-fee
investing to Canadians, forms the heart of Mogo’s digital wealth
platform. Mogo’s wholly-owned subsidiary, Carta Worldwide, also
offers a digital payments platform that powers the next-generation
card programs from innovative fintech companies in Europe, North
America and APAC. To learn more, please visit mogo.ca or download
the mobile app (iOS or Android).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220628006198/en/
Craig Armitage Investor Relations investors@mogo.ca (416)
347-8954
US Investor Relations Contact Lytham Partners, LLC Ben Shamsian
New York | Phoenix 646-829-9701 shamsian@lythampartners.com
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