Descartes Announces Results of Annual Meeting of Shareholders
Meeting Results
The following matters, as set out in more detail in its Management Information Circular dated April 30, 2025, were considered and voted on by shareholders at the Meeting:
GeneralThe total number of common shares of the Corporation represented in person or by proxy at the Meeting was 77,507,142 which represented 90.35% of the 85,782,830 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 25, 2025.
Election of DirectorsOn a vote by ballot, each of the following 10 nominees proposed by management of the Corporation was elected as a director of the Corporation:
Director Nominee
Number of Votes FOR
Percentage of Votes FOR
Number of Votes AGAINST
Percentage of Votes AGAINST
Deepak Chopra
75,876,565
98.81%
912,202
1.19%
Eric Demirian
72,960,218
95.01%
3,828,551
4.99%
Dennis Maple
73,891,505
96.23%
2,897,262
3.77%
Jane Mowat
76,767,145
99.97%
21,625
0.03%
Chris Muntwyler
75,883,997
98.82%
904,773
1.18%
Jane O'Hagan
75,033,103
97.71%
1,755,666
2.29%
Edward Ryan
76,223,399
99.26%
565,370
0.74%
John Walker
73,935,135
96.28%
2,853,635
3.72%
Laura Wilkin
76,767,158
96.28%
21,612
0.03%
Appointment of Auditors
On a vote by ballot, KPMG LLP, Chartered Professional Accountants and Licensed Public Accountants, were appointed as the auditors of the Corporation until the close of the next annual meeting of shareholders or until their successors are appointed.
Number of Votes FOR
Percentage of Votes FOR
Number of Votes WITHHELD
Percentage of Votes WITHHELD
77,241,699
99.66%
265,443
0.34%
Say-On-Pay
On a vote by ballot, the 'Say-On-Pay' resolution proposed by management of the Corporation was approved.
Number of Votes FOR
Percentage of Votes FOR
Number of Votes AGAINST
Percentage of Total Votes AGAINST
74,071,830
96.46%
2,716,938
3.54%
About DescartesDescartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.
Descartes Investor Contact Laurie McCauley (519) 746-6114 x202358investor@descartes.comSign in to access your portfolio
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