exactEarth Announces Voting Results from 2017 Annual Meeting of Shareholders

CAMBRIDGE, ON, April 20, 2017 /CNW/ - exactEarth Ltd. (TSX: XCT) ("exactEarth" or the "Company"), announced the results of the matters voted upon at the Company's 2017 annual meeting (the "Meeting") of the shareholders of the Company (the "Shareholders") held earlier today, which included the election of directors, as described below. 

The total number of common shares of the Company ("Common Shares") represented by Shareholders present in person or represented by proxy at the Meeting was an aggregate of 13,971,757, representing 64.67% of the Company's issued and outstanding Common Shares.

In addition to the election of each of the director nominees outlined in detail below, Ernst & Young LLP was re-appointed as auditor of the Company. According to proxies received and a vote by ballot, the voting results in respect of each of the following seven director nominees, all of whom previously served as directors of the Company, were as follows:




Nominee

Number of Shares

Percentage of Votes Cast
(approximate)


Votes For:

Votes
Withheld:

Votes For:

Votes
Withheld:

Eric Zahler (Chairman)

12,781,545

229,080

98.24%

1.76%

Peter Mabson

12,781,217

229,408

98.24%

1.76%

Maria Izurieta

12,736,508

274,117

97.89%

2.11%

Pui-Ling (Stanley) Chan

12,687,478

323,147

97.52%

2.48%

The Honorable Dennis Kloske

12,455,101

555,524

95.73%

4.27%

Miguel Angel Panduro Panadero

12,455,101

555,524

95.73%

4.27%

Miguel Angel Garcia Primo

12,455,140

555,485

95.73%

4.27%

Final voting results of all other matters voted on at the Meeting will be made available on SEDAR at www.sedar.com.

About exactEarth Ltd.

exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite AIS ("S‐AIS") and has delivered to its clients a view of maritime behaviors across all regions of the world's oceans unrestricted by terrestrial limitations. exactEarth has deployed an operational data processing supply chain involving a constellation of satellites, receiving ground stations, patented decoding algorithms and advanced "big data" processing and distribution facilities. This ground‐breaking system provides a comprehensive picture of the location of AIS equipped maritime vessels throughout the world and allows exactEarth to deliver data and information services characterized by high performance, reliability, security and simplicity to large international markets. For more information, visit www.exactearth.com.

SOURCE exactEarth Ltd.

For further information: MEDIA: Nicole Schill, Marketing Communications Manager, Tel: +1 519‐620‐5890, nicole.schill@exactearth.com; INVESTORS: Dave Mason, Tel: +1 416‐985‐3647, investors@exactearth.com

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