Toronto, Ontario – June 13, 2024 – Payfare Inc. (“Payfare”or the“Company”) (TSX: PAY, OTCQX: PYFRF) announces that the nominees listed in the management information circular for the Company’s 2024 Annual General Meeting of Shareholders (the “Meeting”) were each re-elected as directors of Payfare.
Detailed results of the ballot voting for the election of directors held today on June 13, 2024, as well as the other matters voted on at the virtual Meeting are as follows:
| Brief Description of Matter Voted Upon | |||
|---|---|---|---|
| In respect of the election of directors to hold office until the close of the next annual meeting of Shareholders or until their successors are elected or appointed: | Outcome of Vote | For | Withheld |
| Marco Margiotta | Approved | 23,356,568 (99.22%) | 182,731 (0.78%) |
| Keith McKenzie | Approved | 23,048,163 (97.91%) | 491,136 (2.09%) |
| Paul Haber | Approved | 19,311,114 (82.04%) | 4,228,185 (17.96%) |
| Kelly Graziadei | Approved | 18,475,189 (78.49%) | 5,064,110 (21.51%) |
| Dmitry Shevelenko | Approved | 23,527,720 (99.95%) | 11,579 (0.05%) |
| Matthew Swann | Approved | 21,042,300 (89.39%) | 2,496,999 (10.61%) |
| Hugo Chan | Approved | 23,263,328 (98.83%) | 275,971 (1.17%) |
| In respect of the re-appointment of KPMG LLP, Chartered Accountants as auditors of the Company to hold office until the next annual meeting of Shareholders and authorizing the directors to fix their remuneration. | Approved | “22,547,094 (89.96%)” | “2,517,487 (10.04%)” |