WATERLOO, Ontario, June 01, 2017 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (Nasdaq:DSGX)
(TSX:DSG) announced that the following matters, as set out in more detail in its Management Information Circular dated May 2,
2017, were considered and voted on by shareholders at the annual meeting of shareholders held on Thursday, June 1, 2017 in
Cambridge, Ontario (the “Meeting”).
General
The total number of common shares of the Corporation represented in person or by proxy at the Meeting was 66,576,252
which represented 87.64% of the 75,969,296 common shares of the Corporation that were outstanding as of the Record Date for the
Meeting, being, April 24, 2017.
Election of Directors
On a vote by ballot, each of the following 8 nominees proposed by management was elected as a director of Descartes:
| Director Nominee |
|
Number of Votes
FOR |
|
Number of Votes
WITHHELD |
|
Percentage of
Total Votes FOR |
| David Beatson |
|
65,274,048 |
|
368,223 |
|
99.44% |
| Deborah Close |
|
65,477,022 |
|
165,249 |
|
99.75% |
| Eric Demirian |
|
63,803,390 |
|
1,838,881 |
|
97.20% |
| Christopher Hewat |
|
48,558,279 |
|
17,083,992 |
|
73.97% |
| Dennis Maple |
|
65,622,963 |
|
19,308 |
|
99.97% |
| Jane O’Hagan |
|
65,476,814 |
|
165,457 |
|
99.75% |
| Edward Ryan |
|
65,586,084 |
|
56,187 |
|
99.91% |
| John Walker |
|
65,622,963 |
|
19,308 |
|
99.97% |
Appointment of Auditors
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. Voting
was conducted by a show of hands.
Number of Votes
FOR |
|
Number of Votes
WITHHELD |
|
Percentage of Total
Votes FOR
|
| 66,560,925 |
|
2,297 |
|
99.99% |
Amendment and Restatement of Shareholder Rights Plan
On a vote by ballot, the amended and restated shareholder rights plan of the Corporation was approved.
Number of Votes
FOR |
|
Number of Votes
AGAINST |
|
Percentage of
Total Votes FOR |
| 61,681,519 |
|
3,960,752 |
|
93.97% |
Amendment and Restatement of Performance and Restricted Share Unit Plan
On a vote by ballot, the amended and restated performance and restricted share unit plan of the Corporation was
approved.
Number of Votes
FOR |
|
Number of Votes
AGAINST |
|
Percentage of
Total Votes FOR |
| 61,648,473 |
|
3,993,798 |
|
93.92% |
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 |
|
Number of Votes
AGAINST |
|
Percentage of
Total Votes FOR |
| 61,807,423 |
|
3,834,848 |
|
94.16% |
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused
on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular,
software-as-a-service solutions to route, schedule, track and measure 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.
Descartes Investor Contact: Laurie McCauley (519) 746-6114 x202358 investor@descartes.com
