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

Rhea-AI Summary

BlackBerry (NYSE: BB; TSX: BB) announced the election results for its Board of Directors following the annual and special meeting of shareholders held on June 25, 2024. Seven nominees, as listed in the company's proxy circular from May 3, 2024, were elected to serve until the next annual meeting or until successors are appointed. Detailed voting results indicate strong shareholder support for the nominees:

Philip Brace: 85.23% for, 14.77% withheld

Michael A. Daniels: 71.18% for, 28.82% withheld

Lisa Disbrow: 93.84% for, 6.16% withheld

John J. Giamatteo: 93.90% for, 6.10% withheld

Richard Lynch: 90.27% for, 9.73% withheld

Lori O'Neill: 95.12% for, 4.88% withheld

Wayne Wouters: 92.38% for, 7.62% withheld.

Positive

• High shareholder support for key board members, notably Lori O'Neill with 95.12% votes in favor.
• Election of experienced directors such as Lisa Disbrow and John J. Giamatteo with over 93% approval may signal stability.

Negative

• Michael A. Daniels received lower shareholder support with 71.18% votes in favor, indicating potential concerns.

WATERLOO, ON, June 25, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the seven nominees listed in the company's management proxy circular dated May 3, 2024, for the company's annual and special meeting of shareholders held on June 25, 2024, 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
Philip Brace	226,606,506	85.23 %	39,264,057	14.77 %
Michael A. Daniels	190,158,008	71.18 %	77,004,356	28.82 %
Lisa Disbrow	250,697,034	93.84 %	16,465,330	6.16 %
John J. Giamatteo	250,859,357	93.90 %	16,303,904	6.10 %
Richard Lynch	241,036,329	90.27 %	25,985,939	9.73 %
Lori O'Neill	254,121,625	95.12 %	13,041,634	4.88 %
Wayne Wouters	246,814,693	92.38 %	20,347,668	7.62 %

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments worldwide. The company's software powers over 235M 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

When was the BlackBerry Board of Directors election held?

The BlackBerry Board of Directors election was held on June 25, 2024.

What is the stock symbol for BlackBerry?

The stock symbol for BlackBerry is BB.

Who received the highest percentage of votes for in the BlackBerry Board of Directors election?

Lori O'Neill received the highest percentage of votes for with 95.12%.

Who received the lowest percentage of votes for in the BlackBerry Board of Directors election?

Michael A. Daniels received the lowest percentage of votes for with 71.18%.

How long will the newly elected BlackBerry Board of Directors serve?

The newly elected BlackBerry Board of Directors will serve until the next annual shareholder meeting or until their successors are elected or appointed.