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.
Matter
1: Election of
Directors
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.
Nominee
|
Votes in
Favour
|
Votes
Withheld
|
Number
|
Percentage
|
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
|
99.84
|
91,099
|
0.16
|
Donald
Simmonds
|
55,807,423
|
99.84
|
90,496
|
0.16
|
Harold
Wolkin
|
55,817,073
|
99.86
|
80,846
|
0.14
|
Matter
2: Appointment of
Auditors
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.
Votes in
Favour
|
Votes
Withheld
|
Number
|
Percentage
|
Number
|
Percentage
|
55,821,287
|
99.85
|
84,649
|
0.15
|
Matter
3: Amended and Restated
Omnibus Equity Incentive Plan
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.
Votes in
Favour
|
Votes
Against
|
Number
|
Percentage
|
Number
|
Percentage
|
55,584,156
|
99.44
|
313,763
|
0.56
|
ABOUT BAYLIN
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.
SOURCE Baylin Technologies Inc.