TORONTO, May 9, 2018 /CNW/ - In compliance with Section
11.3 of National Instrument 51-102 – Continuous Disclosure
Obligations, set forth below is a brief description of the matters
voted upon at the annual general and special meeting of
shareholders of Baylin Technologies Inc. (the "Company")
held on May 8, 2018 (the
"Meeting") and the outcome of the vote on each matter. The
Employee Purchase Plan matter was voted on at the Meeting by
ballot.
Matter 1: Election of Directors
On a vote by way of a
show of hands, each of the seven 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. The numbers in respect of the vote are based on the
proxies received.
|
|
|
Votes
|
Nominee
|
Votes For
|
% For
|
Withheld
|
%Withheld
|
Jeffrey C. Royer
|
19,219,174
|
99.99%
|
2,601
|
0.01%
|
Randy L.
Dewey
|
19,219,174
|
99.99%
|
2,601
|
0.01%
|
Stockwell
Day
|
19,218,174
|
99.98%
|
3,601
|
0.02%
|
David
Gelerman
|
19,208,374
|
99.93%
|
13,401
|
0.07%
|
Barry J.
Reiter
|
19,218,839
|
99.98%
|
2,936
|
0.02%
|
Donald E.
Simmonds
|
19,219,174
|
99.99%
|
2,601
|
0.01%
|
Harold M.
Wolkin
|
19,219,174
|
99.99%
|
2,601
|
0.01%
|
David
Saska
|
19,219,174
|
99.99%
|
2,601
|
0.01%
|
Matter 2: Re-Appointment of Auditors
On a vote by way
of a show of hands, PriceWaterhouseCoopers LLP, were appointed as
auditors of the Company to hold office until the close of the next
annual meeting of shareholders or until their successors are
appointed, at a remuneration to be fixed by the directors of the
Company. The numbers in respect of the vote are based on the
proxies received.
|
|
Votes
|
Votes For
|
%
For
|
Withheld
|
%Withheld
|
19,229,881
|
100%
|
0
|
0.010%
|
Matter 3: Employee Purchase Plan
On a vote by way of
ballot, an ordinary resolution by shareholders, excluding those
votes held by insiders, was passed to ratify, confirm and approve
certain amendments to, and all unallocated options under, the
Company's employee purchase plan. The numbers in respect of the
vote are based on the ballots received.
|
Votes
|
|
Votes For
|
%
For
|
Against
|
%Against
|
1,214,283
|
60.97%
|
777,236
|
39.03%
|
Yours very truly,
BAYLIN TECHNOLOGIES
INC.
"Jeffrey C. Royer"
Jeffrey C. Royer
Chairman of the Board of Directors
SOURCE Baylin Technologies Inc.