{"id":830312,"date":"2025-03-26T20:21:54","date_gmt":"2025-03-27T00:21:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/leddartech-reports-annual-shareholder-meeting-results\/"},"modified":"2025-03-26T20:21:54","modified_gmt":"2025-03-27T00:21:54","slug":"leddartech-reports-annual-shareholder-meeting-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leddartech-reports-annual-shareholder-meeting-results\/","title":{"rendered":"LeddarTech Reports Annual Shareholder Meeting Results"},"content":{"rendered":"
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QUEBEC CITY, Canada, March 26, 2025 (GLOBE NEWSWIRE) — LeddarTech\u00ae<\/sup> Holdings Inc.<\/a> (\u201cLeddarTech\u201d or the \u201cCorporation\u201d) (Nasdaq: LDTC<\/a>), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision<\/a>\u2122, announces the voting results of its annual general and special meeting of shareholders held on March\u00a026, 2025 (the \u201cMeeting\u201d). Shareholders voted on various proposals and elected directors to the board.<\/p>\n

\n Key Highlights of the Meeting<\/strong>\n <\/p>\n

\n 1. Election of Directors:<\/strong> The full slate of six directors was elected to serve until the next annual meeting of shareholders or until a successor is elected or appointed.<\/p>\n\n\n\n\n\n\n\n\n
\n Nominee<\/strong>\n <\/td>\n\n Votes For<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Against<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n<\/tr>\n
Frantz Saintellemy<\/td>\n22,429,293<\/td>\n99.69%<\/td>\n68,631<\/td>\n0.31%<\/td>\n<\/tr>\n
Charles Boulanger<\/td>\n22,392,108<\/td>\n99.53%<\/td>\n105,816<\/td>\n0.47%<\/td>\n<\/tr>\n
Derek Aberle<\/td>\n22,470,109<\/td>\n99.88%<\/td>\n27,815<\/td>\n0.12%<\/td>\n<\/tr>\n
Yann Delabri\u00e8re<\/td>\n22,475,831<\/td>\n99.90%<\/td>\n22,093<\/td>\n0.10%<\/td>\n<\/tr>\n
Sylvie Veilleux<\/td>\n22,471,696<\/td>\n99.88%<\/td>\n26,228<\/td>\n0.12%<\/td>\n<\/tr>\n
Lizabeth Ardisana<\/td>\n22,474,890<\/td>\n99.90%<\/td>\n23,034<\/td>\n0.10%<\/td>\n<\/tr>\n<\/table>\n

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As previously disclosed, Nick Stone and Michelle Sterling, who were members of the Board up to the Meeting, have decided not to stand for reelection.<\/p>\n

\n 2. Approval of Auditor:<\/strong> The appointment of Richter LLP as auditors of the Corporation was approved, and the board of directors of the Corporation was authorized to fix the auditors\u2019 remuneration.<\/p>\n\n\n\n
\n Votes For<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Withheld<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n<\/tr>\n
25,480,228<\/td>\n99.81%<\/td>\n49,275<\/td>\n0.19%<\/td>\n<\/tr>\n<\/table>\n

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3. Other<\/strong>\n <\/p>\n

3.1 The amendment to the Corporation\u2019s omnibus equity-based incentive plan to increase the number of common shares available for issuance thereunder was approved and ratified.<\/p>\n\n\n\n
\n Votes For<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Against<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Abstain<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n<\/tr>\n
22,187,011<\/td>\n98.62%<\/td>\n199,079<\/td>\n0.88%<\/td>\n111,834<\/td>\n0.50%<\/td>\n<\/tr>\n<\/table>\n

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3.2 A second and separate amendment to the Corporation\u2019s omnibus equity-based incentive plan for the adoption of an evergreen provision to the omnibus equity-based incentive plan, providing for an automatic annual increase in the common shares available for issuance thereunder over the next five years, was approved and ratified.<\/p>\n\n\n\n
\n Votes For<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Against<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n\n Votes Abstain<\/strong>\n <\/td>\n\n % of Voted<\/strong>\n <\/td>\n<\/tr>\n
15,862,324<\/td>\n70.51%<\/td>\n6,630,055<\/td>\n29.47%<\/td>\n5,545<\/td>\n0.02%<\/td>\n<\/tr>\n<\/table>\n

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For further details on each of these matters, please refer to the Corporation\u2019s management information circular dated February\u00a07, 2025, available on SEDAR+ at www.sedarplus.ca<\/a> and EDGAR at www.sec.gov<\/a>. Final voting results on all matters voted on at the Meeting will be posted on the Investor Relations section of LeddarTech.com<\/a> and filed on SEDAR+ at www.sedarplus.ca<\/a> and EDGAR at www.sec.gov<\/a>.<\/p>\n

\n About LeddarTech<\/strong>\n <\/p>\n

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech\u2019s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.<\/p>\n

LeddarTech is responsible for several remote-sensing innovations, with over 170\u00a0patent applications (87 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.<\/p>\n

Additional information about LeddarTech is accessible at www.leddartech.com<\/a> and on LinkedIn<\/a>, Twitter (X)<\/a>, Facebook<\/a> and YouTube<\/a>.<\/p>\n

\n Contact:<\/strong>
\n
Chris Stewart, Chief Financial Officer, LeddarTech Holdings Inc.
Tel.: + 1-514-427-0858, chris.stewart@leddartech.com<\/a><\/p>\n