Baylin Announces Voting Results from the 2024 Annual Meeting of Shareholders

TORONTO, May 9, 2024 /CNW/ - Baylin Technologies Inc. (TSX:BYL) (the "Company") announced today the results of its annual meeting of shareholders held on May 9, 2024 (the "Meeting"). The voting results of each matter presented at the Meeting are outlined below.

There were 124,102,070 common shares represented by shareholders present in person or by proxy at the Meeting, representing approximately 82.3% of the number of common shares outstanding at the record date for the Meeting.

Matter 1: Election of Directors

On a vote by way of ballot, each of the eight nominees proposed by management was elected to serve as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed.

Nominee	Votes in Favour		Votes Withheld
	Number	Percentage	Number	Percentage
Leighton Carroll	122,958,339	99.89	138,308	0.11
Janice Davis	122,956,913	99.89	139,734	0.11
Bejoy Pankajakshan	122,930,839	99.87	165,808	0.13
Barry Reiter	122,930,874	99.87	165,773	0.13
Jeffrey Royer	122,946,039	99.88	150,608	0.12
David Saska	122,931,574	99.87	165,073	0.13
Donald Simmonds	122,932,339	99.87	164,308	0.13
Harold Wolkin	122,722,336	99.70	374,311	0.30

Matter 2: Appointment of Auditors

On a vote by way of ballot, RSM Canada LLP were appointed auditors of the Company to hold office until the next annual meeting of shareholders and the board of directors was authorized to fix their remuneration.

Votes in Favour		Votes Withheld
Number	Percentage	Number	Percentage
124,008,836	99.92	93,234	0.08

ABOUT BAYLIN

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.

SOURCE Baylin Technologies Inc.

Kelly Myles, Marketing and Communications Director, Baylin Technologies Inc., [email protected]