VIQ Solutions Announces Voting Results of Annual General and Special Meeting of Shareholders

Rhea-AI Summary

VIQ Solutions Inc. (TSX: VQS, OTCQX: VQSLF) announced the results of its annual meeting held on April 29, 2021. A total of 15,473,015 shares were voted, accounting for 62.16% of outstanding shares. All proposed resolutions were approved, including the election of directors with high approval rates: Sebastien Pare (96.61%), Larry Taylor and Harvey Gordon (99.07%). The number of directors was fixed at six with 97.47% approval. KPMG LLP was appointed as auditor with 99.99% approval. The Omnibus Equity Incentive Plan received 89.65% support.

Positive

• All proposed resolutions approved by shareholders.
• High approval rates for director elections, indicating strong shareholder support.
• Appointment of KPMG LLP as auditor received 99.99% approval.

Negative

• Omnibus Equity Incentive Plan only received 89.65% approval, suggesting some shareholder dissent.

VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX: VQS and OTCQX: VQSLF), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, announced the voting results of its annual and special meeting of shareholders (“the Meeting”) held virtually on April 29, 2021. Shareholders approved all matters set forth in the Company's Management Information Circular dated March 23, 2021. A total of 15,473,015 common shares were voted at the Meeting, representing 62.157% of the issued and common shares outstanding.

The voting results for the election of directors were as follows:

 

Nominee	% of votes for	% of votes withheld
Sebastien Pare	96.607%	3.393%
Larry Taylor	99.074%	0.926%
Harvey Gordon	99.074%	0.926%
Michael Kessel	99.076%	0.924%
Joseph Quarin	99.076%	0.924%
Bradley Wells	99.998%	0.002%

The voting results for the remaining matters were as follows:

• To fix the number of Directors to be elected at 6: 97.473% voted for the resolution and 2.527% voted against the resolution;
• Appointment of Auditor, KPMG LLP Chartered Professional Accountants: 99.998% voted for the resolution and 0.002% of votes were withheld;
• Approval of Omnibus Equity Incentive Plan: 89.646% voted for the resolution and 10.354% voted against the resolution.

For more information about VIQ, please visit viqsolutions.com.

About VIQ Solutions Inc.

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, media, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210430005138/en/

FAQ

What were the voting results for VIQ Solutions Inc. on April 29, 2021?

All proposed resolutions were approved at the annual meeting, with high approval rates for director elections.

Who were elected as directors of VIQ Solutions Inc.?

Directors Sebastien Pare, Larry Taylor, Harvey Gordon, Michael Kessel, Joseph Quarin, and Bradley Wells were elected.

What percentage of votes did Larry Taylor receive in the VIQ Solutions Inc. elections?

Larry Taylor received 99.07% of the votes in favor.

Which auditor was appointed for VIQ Solutions Inc.?

KPMG LLP was appointed as auditor with 99.99% approval.

What was the approval percentage for the Omnibus Equity Incentive Plan at VIQ Solutions Inc.?

The Omnibus Equity Incentive Plan received 89.65% approval.