exactEarth Announces Voting Results From 2019 Annual Meeting of Shareholders

CAMBRIDGE, ON, April 29, 2019 /CNW/ - exactEarth Ltd. (TSX: XCT) ("exactEarth" or the "Company"), announced the results of the matters voted upon at the Company's 2019 annual meeting (the "Meeting") of the shareholders of the Company (the "Shareholders") held earlier today, which included the election of directors, as described below.

According to proxies received and a vote by ballot, the voting results in respect of each of the following six 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)

9,510,302

92,062

99.04%

0.96%

Peter Mabson

9,350,416

251,948

97.38%

2.62%

Miguel Angel Panduro Panadero

8,877,027

725,337

92.45%

7.55%

Miguel Angel Garcia Primo

8,876,521

725,843

92.44%

7.56%

Harvey Rein

9,516,450

85,914

99.11%

0.89%

Lee Matheson

9,517,961

84,403

99.12%

0.88%

 

In addition to the election of each of the director nominees outlined in detail above, (i) Ernst & Young LLP was re-appointed as auditor of the Company with 9,645,889 (98.78%) of the shares represented at the Meeting voting in favour of the resolution, and (ii) amendments to the Company's Share Unit Plan and Stock Option Plan were approved with 9,073120 (94.49%) of all shares represented at the Meeting voting in favour of the resolution.

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 9,764,999, representing 45.11% of the Company's issued and outstanding Common Shares.

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: INVESTORS: Dave Mason, Tel: +1 416‐985‐3647, investors@exactearth.com

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