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

Rhea-AI Summary

On June 22, 2022, BlackBerry Limited (NYSE: BB) announced the election results for its board of directors during the annual shareholder meeting. All eight nominees listed in the proxy circular dated May 2, 2022, were elected to serve until the next annual meeting. Voting results showed strong support for the candidates, with John Chen receiving 83.94% votes in favor, while V. Prem Watsa faced a close vote with only 50.73% in favor. BlackBerry continues to provide cybersecurity solutions to over 500 million endpoints globally.

Positive

• All eight nominees for the board of directors were elected, indicating strong shareholder support.
• John Chen received 83.94% of the votes, highlighting confidence in leadership.

Negative

• V. Prem Watsa received only 50.73% of votes, raising potential concerns about his continuing role.

WATERLOO, ON, June 22, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the eight nominees listed in the company's management proxy circular dated May 2, 2022, for the company's annual and special meeting of shareholders held on June 22, 2022, 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	192,327,109	83.94 %	36,804,130	16.06 %
Michael A. Daniels	145,952,540	63.70 %	83,178,698	36.30 %
Timothy Dattels	216,574,805	94.52 %	12,556,434	5.48 %
Lisa Disbrow	216,463,361	94.47 %	12,667,877	5.53 %
Richard Lynch	166,842,701	72.82 %	62,288,538	27.18 %
Laurie Smaldone Alsup	216,196,656	94.35 %	12,934,582	5.65 %
V. Prem Watsa	116,231,953	50.73 %	112,899,287	49.27 %
Wayne Wouters	216,289,190	94.40 %	12,842,049	5.60 %

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 215M vehicles.  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, endpoint 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.

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

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

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SOURCE BlackBerry Limited

FAQ

What were the results of BlackBerry's board of directors election on June 22, 2022?

All eight nominees were elected with varying levels of support; John Chen received 83.94% votes in favor, while V. Prem Watsa received only 50.73%.

What percentage of votes did John Chen receive in the election?

John Chen received 83.94% of the votes in favor during the board election.

When was BlackBerry's annual shareholder meeting held?

The annual shareholder meeting was held on June 22, 2022.

How many votes were cast against V. Prem Watsa in the board election?

V. Prem Watsa had 112,899,287 votes withheld, representing 49.27% of the total votes.

What is BlackBerry's focus in terms of business?

BlackBerry focuses on intelligent security software and services for enterprises and governments.