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Sylogist Annual General and Special Meeting Results and Board Committee AppointmentsCALGARY, AB, June 2, 2021 /CNW/ - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a provider of enterprise information management solutions, is pleased to announce that the results of the matters presented for approval at the Annual General and Special Meeting of Shareholders held on June 2, 2021 (the "Meeting") have been fully authorized and approved. A total of 16,550,870 common shares, representing 69.29% of the common shares issued and outstanding, were represented in person or by proxy at the Meeting. A brief description of the matters voted upon and the outcome of the votes is set forth below. Fixing the Number of Directors to be Elected The ordinary resolution to approve fixing the number of directors to be elected at the Meeting at six (6) was approved at the meeting by way of a ballot, as follows:
Election of Directors All of the nominees proposed as directors of the Company were duly elected as directors of the Company with votes cast by the shareholders present in person or represented by proxy at the Meeting by way of a ballot, as follows:
Appointment of Auditor An ordinary resolution to approve the appointment of KPMG LLP, Chartered Professional Accountants, as the auditors of the Company, was approved at the Meeting by way of a ballot, as follows:
Approval and Adoption of Stock Option Plan An ordinary resolution to approve the new 10% rolling stock option plan of the Company was approved at the Meeting by way of a ballot, as follows:
At their meeting, immediately following the shareholders' Meeting, the Board appointed Barry Foster to serve as Board Chair and constituted its committees. The Audit Committee is comprised of Mr. Gray (Chair), Mr. Foster and Mr. Fernandes, who are all independent directors. The Compensation Committee will be chaired by Mr. McKinnon (independent), with Mr. O'Neill and Mr. Wood serving as members. Mr. Foster was appointed Chair, with Mr. Gray, Mr. Fernandes and Mr. McKinnon serving as members of the Nominating and Governance Committee. About Sylogist Full financial statements together with Management's Discussion and Analysis are available on SEDAR at www.sedar.com. The Company's stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist can be found at www.sylogist.com. SOURCE Sylogist Ltd. |