"We are pleased that shareholders have supported our proposals and ratified our executive compensation," said
The requisite number of shareholders voted in favour of all items of business, including election of each of the eight director nominees as follows:
Number of Common Shares | Percentage of Votes Cast | |||||||||||||||||||||
Voted For | Withheld from Voting | Broker Non-Votes | Voted For | Withheld from Voting | ||||||||||||||||||
Dr. Terence H. Matthews | 78,346,956 | 9,248,866 | 10,949,347 | 89.44 | % | 10.56 | % | |||||||||||||||
86,275,146 | 1,320,676 | 10,949,347 | 98.49 | % | 1.51 | % | ||||||||||||||||
81,814,247 | 5,781,575 | 10,949,347 | 93.40 | % | 6.60 | % | ||||||||||||||||
82,912,202 | 4,683,620 | 10,949,347 | 94.65 | % | 5.35 | % | ||||||||||||||||
85,354,364 | 2,241,458 | 10,949,347 | 97.44 | % | 2.56 | % | ||||||||||||||||
87,213,888 | 381,934 | 10,949,347 | 99.56 | % | 0.44 | % | ||||||||||||||||
85,398,241 | 2,197,581 | 10,949,347 | 97.49 | % | 2.51 | % | ||||||||||||||||
87,253,373 | 342,449 | 10,949,347 | 99.61 | % | 0.39 | % | ||||||||||||||||
Additionally, Mitel's advisory "say on pay" vote received 70.71% support based on proxies received prior to the meeting and votes cast in person at the meeting. Full results of the votes are included as Appendix "A" to this press release. Unless otherwise indicated, the vote for each motion was taken by a show of hands and the number of votes disclosed reflects only those proxies received by management in advance of the meeting.
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Appendix A
Annual Resolution No. 1:
Number of Directors. The number of directors was set at eight.
Number of Common Shares | Percentage of Votes Cast | ||||||||||||||
Voted For | Voted Against | Abstained from Voting | Broker Non-Votes | Voted For | Voted Against | Abstained from Voting | |||||||||
97,563,080 | 836,618 | 145,471 | 0 | 99 | % | 0.85 | % | 0.15 | % | ||||||
Election of Directors - Elected. Each of the directors listed as nominees in the Proxy Statement were elected directors of the Corporation until the next annual meeting.
Number of Common Shares | Percentage of Votes Cast | |||||||||||||||||||||
Voted For1 | Withheld from Voting | Broker Non-Votes | Voted For | Withheld from Voting | ||||||||||||||||||
Dr. Terence H. Matthews | 78,346,956 | 9,248,866 | 10,949,347 | 89.44 | % | 10.56 | % | |||||||||||||||
86,275,146 | 1,320,676 | 10,949,347 | 98.49 | % | 1.51 | % | ||||||||||||||||
81,814,247 | 5,781,575 | 10,949,347 | 93.40 | % | 6.60 | % | ||||||||||||||||
82,912,202 | 4,683,620 | 10,949,347 | 94.65 | % | 5.35 | % | ||||||||||||||||
85,354,364 | 2,241,458 | 10,949,347 | 97.44 | % | 2.56 | % | ||||||||||||||||
87,213,888 | 381,934 | 10,949,347 | 99.56 | % | 0.44 | % | ||||||||||||||||
85,398,241 | 2,197,581 | 10,949,347 | 97.49 | % | 2.51 | % | ||||||||||||||||
87,253,373 | 342,449 | 10,949,347 | 99.61 | % | 0.39 | % | ||||||||||||||||
Annual Resolution No. 2: Appointment of Auditors - Passed.
Number of Common Shares | Percentage of Votes Cast | |||||||||
Voted For | Withheld from Voting | Broker Non-Votes | Voted For | Withheld from Voting | ||||||
93,664,095 | 4,881,072 | 2 | 95.05 | % | 4.95 | % | ||||
Annual Resolution No. 3: Advisory Vote for Executive Compensation - Passed. An advisory (non-binding) resolution to approve executive compensation was passed.
Number of Common Shares | Percentage of Votes Cast | ||||||||||||||
Voted For | Voted Against | Abstained from Voting | Broker Non-Votes | Voted For | Voted Against | Abstained from Voting | |||||||||
61,940,067 | 25,537,076 | 118,679 | 10,949,347 | 70.71 | % | 29.15 | % | 0.14 | % | ||||||
Resolution No. 4: Advisory Vote on Frequency of "Say-on-Pay" Votes - 1 Year. Shareholders determined that the preferred frequency of an advisory vote on the executive compensation of the Corporation's NEOs as set forth in the Proxy Statement will be every one year.
Number of Common Shares | Percentage of Votes Cast | |||||||||||||||||||
Voted For 1 Year | Voted For 2 Years | Voted For 3 Years | Abstained from Voting | Broker Non-Votes | Voted For 1 Year | Voted For 2 Years | Voted For 3 Years | Abstained from Voting | ||||||||||||
85,509,445 | 30,235 | 1,946,826 | 109,316 | 10,949,347 | 97.62 | % | 0.03 | % | 2.22 | % | 0.12 | % | ||||||||
Ordinary Resolution No. 1: 2017 Omnibus Incentive Plan - Passed. A resolution to approve the Plan, as more particularly described in the Proxy Statement, was passed by a ballot vote. The number of votes disclosed reflects those proxies received by management in advance of the Meeting and votes cast by ballot at the meeting.
Number of Common Shares | Percentage of Votes Cast | ||||||||||||||
Voted For | Voted Against | Abstained from Voting | Broker Non-Votes | Voted For | Voted Against | Abstained from Voting | |||||||||
75,590,498 | 11,990,290 | 44,305 | 10,949,347 | 86.27 | % | 13.68 | % | 0.05 | % | ||||||
By-Law Ratification Resolution - Passed. A resolution to confirm the amendment to the By-Laws of the Corporation, as approved and adopted by the Board on
Number of Common Shares | Percentage of Votes Cast | ||||||||||||||
Voted For | Voted Against | Abstained from Voting | Broker Non-Votes | Voted For | Voted Against | Abstained from Voting | |||||||||
83,195,360 | 4,293,352 | 107,110 | 10,949,347 | 94.98 | % | 4.90 | % | 0.12 | % |
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