D-BOX Announces Voting Results of Annual and Special Meeting of Shareholders

MONTREAL, Sept. 28, 2023 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), held its annual and special meeting of shareholders today (the “Meeting”). A total of 102,079,580 Class A common shares of the Corporation (representing approximately 46% of all issued and outstanding shares of the Corporation) were represented at the Meeting. D-BOX announces that shareholders of the Corporation voted in favour of all items of business put forth at the Meeting by the Corporation, except for the shareholder proposal from Daniel Marks and Stonehouse Capital Management inc., which was voted against. The complete voting results for each item of business at the Meeting are presented below.

ELECTION OF DIRECTORS

All of the proposed nominees for the Board of Directors in the proxy circular dated August 18, 2023 were elected at the Meeting.

name of nominee	votes for	% for	votes against	% against
Sébastien Mailhot	75,238,279	76.29%	23,378,478	23.71%
Brigitte Bourque	73,340,916	74.37%	25,275,841	25.63%
Luc Martin	76,425,891	77.50%	22,190,866	22.50%
Denis Chamberland	75,234,839	76.29%	23,381,918	23.71%
Louis P. Bernier	74,539,597	75.59%	24,077,160	24.41%
Zrinka Dekic	79,145,331	80.26%	19,471,426	19.74%
Jean-Pierre Trahan	73,422,066	74.45%	25,194,691	25.55%

APPOINTMENT OF INDEPENDENT AUDITORS

Ernst & Young LLP were appointed as independent auditors of the Corporation until the close of the next annual meeting of shareholders, or until their successor is appointed, and the Directors were authorized to fix their remuneration.

votes for	% for	votes withheld	% withheld
98,804,430	96.79%	3,275,150	3.21%

SHAREHOLDER PROPOSAL