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

Rhea-AI Summary

BlackBerry Limited (NYSE: BB) announced the election results of its board of directors at the annual shareholder meeting held on June 23, 2021. All nine nominees listed in the management proxy circular dated May 3, 2021 were elected. Notably, Michael A. Daniels received 95.68% of votes in favor, while Barbara Stymiest garnered 82.06%, the lowest percentage among nominees. The elected directors will serve until the next annual meeting. BlackBerry continues to focus on providing intelligent security solutions to enterprises and governments globally.

Positive

• All nine nominees elected to the board, indicating strong investor support.
• High approval ratings for most nominees, with Michael A. Daniels receiving 95.68% votes in favor.

Negative

• Barbara Stymiest received only 82.06% of votes, indicating potential shareholder concerns.
• V. Prem Watsa garnered 82.56%, raising questions about his leadership effectiveness.

WATERLOO, ON, June 23, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the nine nominees listed in the company's management proxy circular dated May 3, 2021, for the company's annual meeting of shareholders held on June 23, 2021, 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	213,608,531	92.86%	16,423,075	7.14%
Michael A. Daniels	220,096,807	95.68%	9,933,799	4.32%
Timothy Dattels	226,946,246	98.66%	3,084,359	1.34%
Lisa Disbrow	227,928,552	99.09%	2,102,053	0.91%
Richard Lynch	220,704,665	95.95%	9,325,941	4.05%
Laurie Smaldone Alsup	227,081,830	98.72%	2,948,775	1.28%
Barbara Stymiest	188,762,975	82.06%	41,267,630	17.94%
V. Prem Watsa	189,916,438	82.56%	40,115,167	17.44%
Wayne Wouters	226,941,550	98.66%	3,089,056	1.34%

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 195M 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 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
investor_relations@BlackBerry.com

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SOURCE BlackBerry Limited

FAQ

What were the results of BlackBerry's annual shareholder meeting on June 23, 2021?

All nine nominees for the board were elected with varying approval percentages, the highest being 98.66%.

What percentage of votes did the board nominees receive during the election?

Michael A. Daniels received 95.68% of votes in favor, while Barbara Stymiest received the lowest at 82.06%.

Who are the newly elected directors of BlackBerry as of June 23, 2021?

The nine directors elected include John Chen, Michael A. Daniels, Timothy Dattels, Lisa Disbrow, Richard Lynch, Laurie Smaldone Alsup, Barbara Stymiest, V. Prem Watsa, and Wayne Wouters.

What is the significance of the election results for BlackBerry (BB) shareholders?

The election results reflect shareholder confidence in the board, although lower percentages for some nominees may indicate concerns.