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EXFO Announces Election of Directors

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On January 13, 2021, EXFO Inc. announced that all six nominees listed in its management proxy circular were elected as directors during the 2020 Annual Meeting of Shareholders in Quebec. The election results showcased strong shareholder support, with voting percentages for directors ranging from 99.84% to 99.95% in favor. The final voting results are available on SEDAR and EDGAR. EXFO provides innovative test, monitoring, and analytics solutions for network operators, focusing on improving network performance and accelerating digital transformation.

Positive
  • All six director nominees were elected with over 99% shareholder support.
  • Strong backing indicates confidence in company leadership.
Negative
  • None.

QUEBEC CITY, Jan. 14, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today that the six nominees listed in the management proxy circular for the 2020 Annual Meeting of Shareholders were elected as directors of the company at a shareholder meeting held on January 13, 2021 in Quebec, Canada.

Detailed results of the vote for the election of directors held at the meeting are set out below:


% for

% withheld

François Côté

99.84

0.16

Germain Lamonde

99.85

0.15

Angela Logothetis

99.85

0.15

Philippe Morin

99.95

0.05

Claude Séguin

99.84

0.16

Randy E. Tornes

99.84

0.16

Final results on all matters voted at the meeting have been filed on SEDAR at www.sedar.com in Canada and on EDGAR at www.sec.gov/edgar.shtml in the United States.

About EXFO
EXFO (NASDAQ: EXFO) (TSX: EXF) develops smarter test, monitoring and analytics solutions for fixed and mobile network operators, webscale companies and equipment manufacturers in the global communications industry. Our customers count on us to deliver superior network performance, service reliability and subscriber insights. They count on our unique blend of equipment, software and services to accelerate digital transformations related to fiber, 4G/LTE and 5G deployments. They count on our expertise with automation, real-time troubleshooting and big data analytics, which are critical to their business performance. We've spent over 30 years earning this trust, and today 1,900 EXFO employees in over 25 countries work side by side with our customers in the lab, field, data center and beyond.

EXFO-C

Cision View original content:http://www.prnewswire.com/news-releases/exfo-announces-election-of-directors-301208475.html

SOURCE EXFO Inc.

FAQ

What were the election results for EXFO's board of directors?

All six nominees were elected with support ranging from 99.84% to 99.95%.

When did EXFO hold its 2020 Annual Meeting of Shareholders?

The meeting was held on January 13, 2021.

Where can I find the final voting results for EXFO's director elections?

The results are filed on SEDAR and EDGAR.

What is the significance of the election results for EXFO?

The strong support for the nominees reflects shareholder confidence in the company's leadership.

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Telephone Apparatus Manufacturing
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