Enthusiast Gaming Announces Shareholder Meeting Voting Results
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) announced the successful election of its Board of Directors at the Annual General Meeting on July 19, 2022. All proposed nominees were elected, with John Albright receiving 97.66% of votes in favor. Additionally, shareholders voted to maintain the board size at ten and re-appointed KPMG LLP as auditors, achieving 98.64% support for the latter. This structured governance reflects Enthusiast Gaming's commitment to effective management and transparency.
- All board nominees were elected with high approval rates: John Albright (97.66%), Michael Beckerman (97.09%), and others above 94%.
- Shareholders voted to maintain a board size of ten, indicating confidence in current governance structure.
- KPMG LLP re-appointed as auditors with 98.64% support, ensuring continued financial oversight.
- None.
TORONTO, July 19, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX) (TSX:EGLX), an integrated media and entertainment company for gamers, is pleased to announce the voting results for the election of its Board of Directors (the “Board”), which took place at the Company's Annual General Meeting of Shareholders (“AGM”) held today, July 19, 2022.
All nominees as set forth in the Company’s supplement to the management information circular dated July 12, 2022, were elected as directors of Enthusiast Gaming at the AGM. Detailed results of the votes are set out below:
| Nominee | Votes For | % | Votes Withheld | % |
| John Albright | 48,061,637 | 1,150,970 | ||
| Michael Beckerman | 47,780,557 | 1,432,050 | ||
| Ben Colabrese | 47,882,269 | 1,330,338 | ||
| Alan Friedman | 46,646,659 | 2,565,948 | ||
| David Goldhill | 50,640,912 | 0 | ||
| Janny Lee | 50,640,912 | 0 | ||
| Adrian Montgomery | 48,089,076 | 1,123,531 | ||
| Scott Michael O’Neil | 48,241,971 | 970,636 | ||
| Angela Marie Ruggiero | 48,313,824 | 898,783 | ||
| Richard Sherman | 47,685,503 | 1,527,104 |
The shareholders also: (1) voted in favour of setting the number of directors at ten (10); and (2) approved the re-appointment of KPMG LLP as auditor of the Company for the ensuing year and authorized the Board to fix the remuneration of the auditor. Results of the shareholder votes on these items are set forth below:
| Outcome of Vote | Votes For | % | Withheld/ Against | % | |
| Number of Directors | Carried | 50,640,912 | 0 | ||
| Appointment of Auditors | Carried | 49,950,593 | 690,319 |
About Enthusiast Gaming
Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide. Combining the elements of its four core pillars: Communities, Content, Creators, and Experiences, Enthusiast Gaming provides a unique opportunity and integrated approach to reach and connect with its coveted GenZ and Millennial audience. Through its proprietary mix of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience.
Contacts
Enthusiast Gaming Investor Relations:
Eric Bernofsky, Chief Corporate Officer
investor@enthusiastgaming.com
Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.
FAQ
What were the voting results for the Board of Directors election at Enthusiast Gaming's AGM on July 19, 2022?
Who were the nominees elected to the Board of Directors of EGLX on July 19, 2022?
What percentage of votes supported the re-appointment of KPMG LLP as auditors for EGLX?
What decision was made regarding the number of directors at EGLX's AGM?
