Burlington, Ontario--(Newsfile Corp. - October 2, 2024) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, is pleased to announce the voting results of its 2024 Annual General and Special Meeting of Shareholders held today, in Burlington, Ontario.
Election of Directors
The seven nominees listed in the management proxy circular of the Company were elected as directors of the Company. The election of directors was conducted by a way of vote by ballet. In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the results for the election of directors, both by total and as a percentage of votes represented at the meeting:
| Nominee | Votes For | % For | Votes Withheld/Against | % Withheld/Against |
| Romolo Magarelli | 56,676,886 | 92% | 5,131,657 | 8% |
| Douglas A. DeBruin | 56,498,191 | 91% | 5,310,352 | 9% |
| Christopher M. Colclough | 59,706,590 | 97% | 2,101,953 | 3% |
| Dr. Thomas V. Pistor | 60,213,926 | 97% | 1,594,617 | 3% |
| Don Carson | 61,589,652 | 100% | 218,891 | 0% |
| Rakesh Patel | 56,584,871 | 92% | 5,223,672 | 8% |
| Brian Piccioni | 60,832,428 | 98% | 976,115 | 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.
Re-approval of Stock Option Plan
By a way of vote by ballot, the re-approval of the Company's stock option plan and the approval of all unallocated options thereunder were supported by the Company's shareholders. Detailed results of the vote on this matter are set out below.
| Motion | Votes For | % For | Votes Against | % Against |
| Re-Approval of the Company's Stock Option Plan | 56,601,190 | 92% | 5,207,352 | 8% |
Re-approval of the 2022 Restricted Share Unit Plan
By a vote by way of vote by ballot, the re-approval of the Company's 2022 Restricted Share Unit plan and the approval of all allocated and restricted share units thereunder were supported by the Company's shareholders. Detailed results of the vote on this matter are set out below.
| Motion | Votes For | % For | Votes Against | % Against |
| Re-Approval of the 2022 Restricted Share Unit Plan | 56,880,574 | 92% | 4,927,968 | 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) 335-3700
ir@evertz.com
