Sylogist Annual General and Special Meeting Results and Board Committee Appointments
CALGARY, Alberta, June 27, 2023 (GLOBE NEWSWIRE) — Sylogist Ltd. (TSX: SYZ) (“Sylogist” or the “Company”), a leading public sector SaaS company, is pleased to announce that each of the matters presented for approval at the Annual General and Special Meeting of Shareholders held on June 27, 2023 (the “Meeting”) has been fully authorized and approved. Shareholders holding a total of 15,445,757 common shares, representing 65.28% 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 as follows:
| Votes For | % | Votes Against | % |
| 13,091,198 | 84.76% | 2,354,557 | 15.24% |
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 as follows:
| Outcome of the Vote | Votes For | % | Withheld | % | |
| William C. Wood | Elected | 14,871,789 | 96.76% | 497,532 | 3.24% |
| Janice P. Anderson | Elected | 14,921,626 | 97.09% | 447,695 | 2.91% |
| Barry D.A. Foster | Elected | 12,889,678 | 83.87% | 2,479,643 | 16.13% |
| Taylor Gray | Elected | 14,891,536 | 96.89% | 477,785 | 3.11% |
| Craig O’Neill | Elected | 13,083,318 | 85.13% | 2,286,003 | 14.87% |
| Ian McKinnon | Elected | 12,610,609 | 82.05% | 2,758,712 | 17.95% |
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 as follows:
| Votes For | % | Votes Withheld/Abstained | % |
| 15,434,793 | 99.93% | 10,962 | 0.07% |
Approval of Amended and Restated Bylaw No. 1 of the Corporation
An ordinary resolution to approve and the amended and restated Bylaw No. 1 of the Corporation was approved at the Meeting as follows:
| Votes For | % | Votes Against | % |
| 12,285,401 | 79.93% | 3,083,920 | 20.07% |
At a Board of Directors meeting held immediately following the shareholders’ Meeting, the Board appointed Barry Foster to continue to serve as Board Chair and constituted its committees. The Audit committee is comprised of Mr. Gray (Chair), Mr. Foster, and Ms. Anderson, all of whom are independent directors. The Compensation Committee will be chaired by Ms. Anderson, with Mr. McKinnon and Mr. O’Neill serving as members, all of whom are independent directors. Mr. Foster was appointed Chair of the Nominating and Governance Committee, with Ms. Anderson, Mr. Gray, and Mr. McKinnon serving as members.
About Sylogist
Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally across the government, nonprofit, and education verticals. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at www.sylogist.com.
For further information contact:
Sujeet Kini, Chief Financial Officer
or
Rudy Shirra, Director of Business Development and Operations Strategy
Sylogist Ltd.
(403) 266-4808
ir@sylogist.com
