Adcore Announces Voting Results from Annual Shareholders Meeting

Rhea-AI Summary

Adcore, a leading e-commerce advertising management and automation platform, announced the results of its annual shareholders meeting held on June 20, 2024, in Toronto. All five director nominees listed in the May 20, 2024 management information circular were elected, each receiving 99.73% of votes. The directors Omri Brill, Roy Nevo, Sukvinder (Sokhie) Puar, Ronnie Jaegermann, and Nancy Goertzen will serve until the next annual meeting. Additionally, shareholders approved the appointment of Ziv Haft, Certified Public Accountants (Isr.), BDO Member Firm, as the company's auditor, with 98.82% of the votes in favor.

Positive

• All director nominees received a high approval rate of 99.73%
• The appointment of Ziv Haft as auditor was approved by 98.82% of shareholders

Negative

• None.

TORONTO, ON / ACCESSWIRE / July 4, 2024 / Adcore Inc. (the "Company" or "Adcore") (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ) , a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way ("Effortless Marketing"),today announced that at its annual general meeting of shareholders held in Toronto on June 20, 2024 (the " Meeting "), each of the five director nominees listed in its management information circular dated May 20, 2024 was elected as a director of the Company. The directors have been elected to serve until the close of the next annual meeting of shareholders. The details of the results of the vote for the election of directors is set out below:

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Omri Brill	40,500,492	99.73%	109,351	0.27%
Roy Nevo	40,500,492	99.73%	109,351	0.27%
Sukvinder (Sokhie) Puar	40,500,492	99.73%	109,351	0.27%
Ronnie Jaegermann	40,500,492	99.73%	109,351	0.27%
Nancy Goertzen	40,500,492	99.73%	109,351	0.27%

In addition, Adcore reports that the appointment of Ziv Haft, Certified Public Accountants (Isr.), BDO Member Firm as Adcore's auditor was approved by the affirmation vote of 98.82% of shareholders represented at the Meeting.

ABOUT ADCORE

Adcore is a leading AI-powered marketing technology company.

By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner.

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/, https://www.adcore.com/blog or follow us on LinkedIn.

For further information please contact:

ADCORE INC .

https://www.adcore.com/investors/

Nick Campbell, CFA		Martijn van den Bemd		Investor Relations Europe
Investor Relations		Chief Partnerships Officer		Dr. Eva Reuter
				Dr. Reuter Investor Relations
Telephone: 905-630-0148		Telephone: 647-497-5337		Telephone: +49 (0) 69 1532 5857
Email: nickc@adcore.com		Email: martijn@adcore.com		Email: e.reuter@dr-reuter.eu

SOURCE: Adcore Inc.

View the original press release on accesswire.com

FAQ

What were the results of the Adcore annual shareholders meeting on June 20, 2024?

All five director nominees were elected with 99.73% of votes, and Ziv Haft was appointed as the auditor with 98.82% approval.

Who were the directors elected at Adcore's June 20, 2024 shareholders meeting?

The elected directors were Omri Brill, Roy Nevo, Sukvinder (Sokhie) Puar, Ronnie Jaegermann, and Nancy Goertzen.

What percentage of votes did Adcore's directors receive in the 2024 election?

Each director received 99.73% of votes.

Was the appointment of Adcore's new auditor approved in 2024?

Yes, the appointment of Ziv Haft as auditor was approved with 98.82% of votes.