Tecsys Announces Election of Directors, Appointment of Auditors, Approval of Unallocated Options and Adoption of Advance Notice By-Law

MONTREAL, Sept. 5, 2024 /CNW/ -- Tecsys Inc. (TSX: TCS), (the "Corporation"), announces the results of the matters voted upon at the annual and special meeting (the "Meeting") of shareholders of the Corporation (the "Shareholders") held on September 5, 2024.

According to the scrutineers' report, shareholders holding 12,226,818 common shares (the "Common Shares") were represented at the Meeting in person or by proxy, representing 82.61% of the issued and outstanding Common Shares as of the record date on July 19, 2024.

The Shareholders elected the nine nominees listed in the management information circular dated July 24, 2024 (the "Circular") to be the directors of the Corporation (the "Directors"). Each nominee was elected by a majority of the votes cast. Each Director will hold office until the next annual meeting of Shareholders or until the election of his or her successor, unless the Director resigns or the Director's office becomes vacant. The matter was put to a vote by ballot and the report on proxies provided by the scrutineers at the Meeting was as follows:

	Number of	Number of Votes	Percentage of Total	Percentage of Total
Director Nominee	Votes FOR	AGAINST	Votes FOR	Votes AGAINST
David Brereton	11,654,393	486,910	95.99 %	4.01 %
Peter Brereton	11,720,675	420,628	96.54 %	3.46 %
David Booth	12,063,968	77,335	99.36 %	0.64 %
Andrew Kirkwood	11,825,996	315,307	97.40 %	2.60 %
Vernon Lobo	8,684,187	3,457,116	71.53 %	28.47 %
Kathleen Miller	12,123,859	17,444	99.86 %	0.14 %
Steve Sasser	11,213,663	927,640	92.36 %	7.64 %
Sripriya Thinagar	12,136,847	4,456	99.96 %	0.04 %
Stephany Verstraete	12,136,962	4,341	99.96 %	0.04 %

Additionally, the Shareholders voted to:

• Re-appoint KPMG LLP as auditors of the Corporation;
• Adopt a resolution approving unallocated options to purchase common shares to a maximum (when taken together with then issued and outstanding options) of no greater than 10% of the then issued and outstanding common shares of the Corporation under the Corporation's stock option plan; and
• Approve and ratify By-Law No.2 related to advance notice of director nominations for the Corporation.

Additional information concerning the matters voted upon at the Meeting is available in the Circular, which is available on SEDAR+ (www.sedarplus.ca). Final voting results on all matters voted on at the Meeting will also be filed on SEDAR+.

About Tecsys

Tecsys is a global provider of advanced supply chain solutions. With a commitment to innovation and customer success, the company equips organizations with the essential software, technology and expertise needed for operational excellence and competitive advantage. Its cloud solutions serve a diverse range of industries, including healthcare, distribution and converging commerce, across multiple complex, regulated and high-volume markets. Built on the Itopia® low-code application platform, Tecsys' offerings include enterprise resource planning, warehouse management, consolidated service management, distribution and transportation management, supply management at the point of use and order management solutions. Tecsys provides critical data insights and control across the supply chain, ensuring that organizations are agile, responsive and scalable.

Tecsys is publicly traded on the Toronto Stock Exchange under the ticker symbol TCS. For more about Tecsys and its solutions, please visit www.tecsys.com.     

SOURCE Tecsys Inc.

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