Symbility Announces Voting Results of the Annual and Special Meeting of the shareholders

TORONTO, June 21, 2018 /CNW/ - Symbility Solutions (TSX.V: SY) ("Symbility" "Corporation"), a global software company focused on modernizing the insurance industry, is pleased to announce the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held earlier today, June 21, 2018 ("Meeting"). The Corporation hereby advises of the following resolutions were passed at the Meeting:

• The election of the following persons, being nominees proposed by the management of the Corporation, as directors of the Corporation: James L. Balas, Angela Grinstead, David R. Hayes, Richard Hurwitz, Robert Landry, Neil McDonnell, Ronan D. McGrath G. Scott Paterson, James R. Swayze and Michael P. Torok.
  
• The reappointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation for the ensuing year and the authorization of the directors to fix their remuneration.
  
• The resolution in the form included in the Information Circular, ratifying By-Law No. 1, relating generally to the transaction of business and affairs of the Corporation.
  
• The resolution in the form included in the Information Circular, ratifying By-Law No. 2, relating to the notice requirements for nominations of directors of the Corporation, and;
  
• The resolution in the form included in the Information Circular ratifying the Corporation's amended and restated stock option plan.

After conducting the business of the Annual and Special Shareholders Meeting, James Swayze, Chairman and Chief Executive Officer, delivered an update on the Corporation. A copy of this presentation can be found on Symbility's corporate website at symbilitysolutions.com/investors/.

About Symbility

Symbility (TSX.V: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property & casualty industry, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY™ brings smarter thinking to property insurance. Our strategic services team, Symbility INTERSECT™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. We push industries forward and prove that change for the better is entirely possible.  symbilitysolutions.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All trade names are the property of their respective owners.

SOURCE Symbility Solutions Inc.

James R. Swayze, Chairman & Chief Executive Officer, (647) 775- 8603, [email protected]; Blair R. Baxter, Chief Financial Officer, [phone], [email protected]; Lucy De Oliveira, VP, Global Marketing, [phone], [email protected]; Babak Pedram, Investor Relations, [phone], [email protected]

Related Links

www.symbilitysolutions.com