Global Education Communities Corp. Reports Director Election Results

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Global Education Communities Corp. (GECC) announced the director election voting results from its annual general meeting. All director nominees were elected, with high percentages of votes in favor for each nominee.

VANCOUVER, BC / ACCESSWIRE / February 23, 2024 / Global Education Communities Corp. (TSX:GEC)(OTCQX:GECSF) ("GECC") reports the director election voting results from its annual general meeting held today. All of the director nominees, as listed in the management information circular dated January 8, 2024, were elected. Proxy voting as to each of the director nominees was as follows:

	Votes in Favour	Votes Withheld
Toby Chu	90.65%	9.35%
Tony David	99.65%	0.35%
Derek Feng	99.65%	0.35%
May Hsu	99.65%	0.35%
Troy Rice	91.62%	8.38%
Shane Weir	99.65%	0.35%

Please see the report of voting results filed today under GECC's profile on SEDAR+ for the results of the other matters voted on by shareholders at the meeting.

About GECC:

GECC is one of Canada's largest education and student housing investment companies focused on the domestic and global education market since 1994. GECC operates business and language colleges, student-centric rental apartments, recruitment centres and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp. (established in 1903), Sprott Shaw Language College, Vancouver International College Career Campus and CIBT School of Business & Technology Corp. GECC offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. In fiscal 2023, GECC serviced over 14,277 domestic and international students through its educational, rental housing and recruitment subsidiaries.

GECC owns Global Education City Holdings Inc. ("GECH"), an investment holding and development company focused on education-related real estate such as student-centric rental apartments and education super-centres. In fiscal 2023, GECH operated fifteen properties under the GEC® brand in Metro Vancouver and provided accommodation services to 92 partner-schools serving 3,200 students from 71 countries. The total portfolio and development budget under the GEC^® brand exceeds $1.2 billion.

GECC also owns Global Education Alliance Inc. ("GEA") and Irix Design Group Inc. ("IRIX"). GEA recruits international students for elite kindergartens, primary and secondary schools, colleges and universities in North America. Irix is a leading design and advertising company based in Vancouver, Canada. Visit us online and watch our corporate video at www.GEChq.com.

For more information, contact:

Toby Chu
Chairman, President & CEO
Global Education Communities Corp.

Investor Relations Contact: 1-604-871-9909 extension 319 or | Email: info@GEChq.com

SOURCE: Global Education Communities Corp.

View the original press release on accesswire.com

FAQ

Who were the director nominees elected at Global Education Communities Corp.'s annual general meeting?

The director nominees elected were Toby Chu, Tony David, Derek Feng, May Hsu, Troy Rice, and Shane Weir.

What were the percentage of votes in favor for each director nominee at the annual general meeting of Global Education Communities Corp.?

The percentage of votes in favor for each director nominee were: Toby Chu - 90.65%, Tony David - 99.65%, Derek Feng - 99.65%, May Hsu - 99.65%, Troy Rice - 91.62%, Shane Weir - 99.65%.

Where can the detailed voting results be found for Global Education Communities Corp.'s annual general meeting?

The detailed voting results can be found under GECC's profile on SEDAR+.