NUVEI CORPORATION ANNOUNCES ANNUAL MEETING RESULTS

Rhea-AI Summary

Nuvei (Nasdaq: NVEI, TSX: NVEI) held its annual meeting of shareholders on May 24, 2024. All proposed items of business were approved by shareholders. The eight director nominees were elected with high approval rates, notably Philip Fayer with 99.90% of votes in favor. PricewaterhouseCoopers LLP was reappointed as auditors with 99.87% of votes in favor. Final voting results are available on SEDAR+ and EDGAR. Nuvei provides fintech solutions for payment acceptance, payout options, and risk management across 200 markets and 150 currencies.

Positive

• All proposed items of business were approved by shareholders, indicating strong investor support.
• High approval rates for director nominees, with Philip Fayer receiving 99.90% of votes in favor.
• PricewaterhouseCoopers LLP was reappointed as auditors with 99.87% approval, ensuring continuity in financial oversight.
• Nuvei's extensive global reach, offering services in over 200 markets and 150 currencies, demonstrates robust market potential.

Negative

• No new strategic initiatives or financial performance updates were provided in the announcement, which may leave investors wanting more information on future growth.

MONTREAL, May 24, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced the results of its annual meeting of shareholders held on May 24, 2024 (the "Meeting"). Shareholders of the Company voted in favour of all items of business put forth at the Meeting by the Company. The complete voting results for each item of business at the Meeting are presented below.

1.            Election of Directors

The eight (8) nominees for directors proposed by management of the Company were elected by a majority of the votes cast by the shareholders present or represented by proxy at the Meeting. The votes cast for each nominee were as follows:

Nominees	Percentage of Votes For	Percentage of Votes Against
Philip Fayer	99.90 %	0.10 %
Timothy A Dent	97.84 %	2.16 %
Maren Hwei Chyun Lau	97.84 %	2.16 %
David Lewin	97.46 %	2.54 %
Daniela Mielke	97.48 %	2.52 %
Pascal Tremblay	99.58 %	0.42 %
Samir Zabaneh	99.93 %	0.07 %
Coretha Rushing	99.97 %	0.03 %

2.            Appointment of Auditors

PricewaterhouseCoopers LLP were appointed as auditors of the Company by a majority of the votes cast by the shareholders present or represented by proxy at the Meeting. The votes cast were as follows:

Percentage of Votes For	Percentage of Votes Withheld
99.87 %	0.13 %

 

Final voting results on all matters voted on at the Meeting will be filed under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

For more information, visit www.nuvei.com.  

NVEI-IR

Contact: 

Investors

Chris Mammone, Head of Investor Relations
IR@nuvei.com

 

 

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SOURCE Nuvei

FAQ

What were the results of Nuvei's annual meeting on May 24, 2024?

All proposed items of business were approved by shareholders, including the election of eight directors and the reappointment of PricewaterhouseCoopers LLP as auditors.

What percentage of votes did Philip Fayer receive in the Nuvei annual meeting?

Philip Fayer received 99.90% of the votes in favor.

Who was reappointed as the auditor for Nuvei in 2024?

PricewaterhouseCoopers LLP was reappointed as auditors with 99.87% of votes in favor.

What services does Nuvei provide?

Nuvei provides fintech solutions for payment acceptance, payout options, and risk management across more than 200 markets and 150 currencies.