BlackBerry Announces Election Results for the Company's Board of Directors

Rhea-AI Summary

On June 23, 2020, BlackBerry Limited (NYSE: BB; TSX: BB) announced the successful election of nine director nominees during its annual shareholder meeting. Notable results include John Chen receiving 95.70% approval and V. Prem Watsa with 90.15%. The elected directors are set to serve until the next annual meeting. BlackBerry, headquartered in Waterloo, Ontario, specializes in intelligent security software, securing over 500 million endpoints globally, including 175 million vehicles. With a vision to enhance cybersecurity, BlackBerry integrates AI and machine learning into its solutions.

Positive

• High approval rates for nominees, indicating strong shareholder support.
• Continued commitment to cybersecurity innovation strengthens market position.

Negative

• V. Prem Watsa received only 90.15% of votes, reflecting some shareholder dissent.

WATERLOO, ON, June 23, 2020 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the nine nominees listed in the company's management proxy circular dated May 8, 2020, for the company's annual and special meeting of shareholders held on June 23, 2020, were elected as directors to serve until BlackBerry's next annual shareholder meeting or until their successors are elected or appointed. The detailed results of the vote are set out below.

Nominee	Votes For	% For	Votes Withheld	% Withheld
John Chen	237,591,236	95.70%	10,669,653	4.30%
Michael A. Daniels	239,201,351	96.35%	9,059,539	3.65%
Timothy Dattels	240,172,579	96.74%	8,088,311	3.26%
Lisa Disbrow	240,302,531	96.79%	7,958,359	3.21%
Richard Lynch	239,152,696	96.33%	9,108,194	3.67%
Laurie Smaldone Alsup	240,215,799	96.76%	8,045,091	3.24%
Barbara Stymiest	236,737,374	95.36%	11,523,516	4.64%
V. Prem Watsa	223,811,969	90.15%	24,448,920	9.85%
Wayne Wouters	240,131,345	96.73%	8,129,545	3.27%

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 175M cars on the road today.  Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere. 

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@BlackBerry.com

Investor Contact:
BlackBerry Investor Relations
(519) 888-7465
investor_relations@BlackBerry.com

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SOURCE BlackBerry Limited

FAQ

What were the election results for BlackBerry's board of directors on June 23, 2020?

All nine nominees were elected with high approval rates, with John Chen receiving 95.70% of votes.

Who were the nominated directors for BlackBerry's board in 2020?

Nominated directors included John Chen, Michael A. Daniels, Timothy Dattels, and others.

How many votes did V. Prem Watsa receive in the BlackBerry director election?

V. Prem Watsa received 223,811,969 votes, representing 90.15% in favor.

What is BlackBerry's primary business focus?

BlackBerry specializes in intelligent security software and services for enterprises and governments.

How many endpoints does BlackBerry secure?

BlackBerry secures over 500 million endpoints globally, including 175 million cars.