DATA Communications Management Corp. Report of Voting Results Annual Meeting of Shareholders Held on May 23, 2024

Rhea-AI Summary

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) held its annual shareholders meeting on May 23, 2024, in Toronto, Ontario. Representing 66.05% of the total votes, 29 shareholders with 36,489,348 shares participated. PricewaterhouseCoopers LLP was appointed as auditors with 100% approval.

All eight directors proposed for election were successfully elected. The votes for the directors ranged from 87.18% to 99.93% in favor, highlighting broad shareholder support.

Positive

• PricewaterhouseCoopers LLP appointed as auditors with 100% shareholder approval.
• High shareholder turnout with 66.05% of total votes represented.
• Eight directors successfully elected with votes ranging from 87.18% to 99.93% in favor.

Negative

• A noticeable minority of shareholders withheld votes for certain directors, with the lowest support at 87.18% for Gregory J. Cochrane.

BRAMPTON, Ontario--(BUSINESS WIRE)-- DATA Communications Management Corp. (“DCM” or the “Corporation”) (TSX: DCM; OTCQX: DCMDF) today announced that the annual meeting (the “Meeting”) of shareholders of the Corporation was held on May 23, 2024 in Toronto, Ontario. Twenty-nine shareholders holding a total of 36,489,348 common shares of the Corporation (“Common Shares”) were represented at the Meeting in person or by proxy, representing approximately 66.05% of the total votes attached to all issued and outstanding Common Shares as of April 12, 2024, the record date for the Meeting.

Appointment of Auditors

The resolution to appoint PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation, to hold office until the next annual meeting of shareholders of the Corporation or until their successors are appointed and to authorize the directors to fix the auditors’ remuneration, was adopted on a vote by show of hands by a majority of the votes cast by the shareholders present in person or represented by proxy at the Meeting. The votes cast by shareholders present in person or represented by proxy at the Meeting for the appointment of the auditors were as follows:

		Votes For				Votes Withheld
		#		%		#		%
Appointment of Auditors		36,269,821		100.00%		1,527		0.00%

Election of Directors

All eight directors proposed for election at the Meeting were elected on a vote by ballot.

The votes cast by shareholders present in person or represented by proxy at the Meeting for the election of directors were as follows:

		Votes For				Votes Withheld
		#		%		#		%
Gregory J. Cochrane		31,538,145		87.18%		4,638,326		12.82%
Merri L. Jones		36,149,811		99.93%		26,660		0.07%
Richard C. Kellam		36,149,230		99.92%		27,241		0.08%
James J. Murray		35,349,811		97.71%		826,660		2.29%
Michael G. Sifton		35,669,030		98.60%		507,441		1.40%
Alison Simpson		36,149,811		99.93%		26,660		0.07%
J.R. Kingsley Ward		32,018,737		88.51%		4,157,734		11.49%
Derek J. Watchorn		35,432,927		97.94%		743,544		2.06%

About DATA Communications Management Corp.

DCM is a marketing and business communications partner that helps companies simplify the complex ways they communicate and operate, so they can accomplish more with fewer steps and less effort. DCM serves major brands in vertical markets including financial services, retail, healthcare, energy, other regulated industries, and the public sector. We integrate seamlessly into our clients’ businesses thanks to our deep understanding of their needs, transformative tech-enabled solutions, and end-to-end service offering. Whether we’re running technology platforms, sending marketing messages, or managing print workflows, our goal is to make everything surprisingly simple.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on SEDAR+ at www.sedarplus.ca.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523436244/en/

Mr. Richard Kellam

President and Chief Executive Officer

DATA Communications Management Corp.

Tel: (905) 791-3151

Mr. James E. Lorimer

Chief Financial Officer

DATA Communications Management Corp.

Tel: (905) 791-3151

ir@datacm.com

Source: DATA Communications Management Corp.

FAQ

What was the shareholder turnout at DCM's annual meeting on May 23, 2024?

Approximately 66.05% of the total votes were represented at the meeting.

Who are the auditors appointed for DATA Communications Management Corp. in 2024?

PricewaterhouseCoopers LLP was appointed as the auditors.

What percentage of votes did the auditors' appointment receive at DCM's 2024 meeting?

The appointment of auditors received 100% approval from shareholders present.

Which directors were elected at DATA Communications Management Corp.'s 2024 annual meeting?

All eight proposed directors were elected, including Gregory J. Cochrane, Merri L. Jones, Richard C. Kellam, James J. Murray, Michael G. Sifton, Alison Simpson, J.R. Kingsley Ward, and Derek J. Watchorn.

How many votes did Gregory J. Cochrane receive in the 2024 director elections at DCM?

Gregory J. Cochrane received 87.18% votes in favor.