Evertz Technologies Announces Results of Annual and Special Meeting

Burlington, Ontario--(Newsfile Corp. - October 5, 2022) - Evertz Technologies Limited (TSX: ET) ("Evertz" or the "Company"), the leader in Software Defined Video Network ("SDVN") technology, is pleased to announce the voting results of its 2022 Annual and Special Meeting of Shareholders held today, in Burlington, Ontario.

Election of Directors
By a way of vote by ballot, the seven nominees listed in the management information circular for the meeting were unanimously elected as directors of the Company. Detailed results of the vote on this matter are set out below:

Nominee

Votes For
by Proxy

% For
by Proxy

Votes
Withheld
by Proxy

% Withheld
by Proxy

Douglas A. DeBruin

56,364,102

91%

5,375,273

9%

Romolo Magarelli

56,480,937

91%

5,258,438

9%

Rakesh Patel

56,384,900

91%

5,354,475

9%

Christopher M. Colclough

59,136,544

96%

2,602,831

4%

Dr. Ian L. McWalter

60,457,922

98%

1,281,453

2%

Dr. Thomas V. Pistor

60,460,810

98%

1,278,565

2%

Brian Piccioni

60,646,910

98%

1,092,465

2%

 

Re-appointment of Auditor
The resolution re-appointing BDO Canada LLP as the Company's auditors and authorizing the directors of the Company to determine the auditors' remuneration was unanimously carried pursuant to a vote by way show of hands.

Approval of the 2022 Restricted Share Unit Plan and Previously Granted Restricted Share Units
By a way of vote by ballot, the approval of the Company's 2022 restricted share unit plan and the grant of an aggregate of 1,063,750 restricted share units thereunder to certain officers and employees of the Company was supported by the Company's shareholders. Detailed results of the vote on this matter are set out below:

Motion

Votes For
by Proxy

% for
by Proxy

Votes
Withheld
by Proxy

% Withheld
by Proxy

Approval of the Company's 2022 Restricted Share Unit Plan and Previously Granted Restricted Share Units

56,698,215

92%

5,041,160

8%

 

About Evertz
Evertz Technologies Limited (TSX: ET) designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company's solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and high and ultra-high definition television ("HDTV" and "UHD") and next generation high bandwidth low latency IP network environments and by telecommunications and new-media companies. The Company's products allow its customers to generate additional revenue while reducing costs through efficient signal routing, distribution, monitoring and management of content as well as the automation and orchestration of more streamlined and agile workflow processes on premise and in the "Cloud".

Contact Information

  • Evertz Technologies Limited
    Doug Moore
    Chief Financial Officer
    (905) 335 7580
    ir@evertz.com

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