LIMERICK, Ireland, June 1, 2022
/CNW/ - kneat.com, inc. (TSX: KSI) ("Kneat"
or the "Company") a leader in digitizing and automating
validation processes, announced results from its Annual General and
Special Meeting of Shareholders (the "2022 AGSM"), which took place
today. All director nominees were elected to the board of directors
(the "Kneat Board") and KPMG LLP was appointed as auditors, as
further described in the related Management Information Circular
dated April 27, 2022 (the
"Circular"). Shareholders also approved an ordinary resolution to
amend Kneat's omnibus equity incentive plan (the "Plan") to
increase the total number of common shares of the Company ("Common
Shares") reserved and available for the grant and issuance of stock
options to a maximum of 15% of the issued and outstanding Common
Shares from time to time, as further described in the Circular.
The detailed results of voting at the 2022 AGSM are set out
below:
1.
Election of Directors
Shareholders voted to elect all six directors nominated to the
Kneat Board.
Name of
Nominee
|
Number of Votes
Cast
|
Votes
"For"
|
Votes "For"
%
|
Ian
Ainsworth
|
18,449,593
|
18,447,350
|
99.99%
|
Kevin
Fitzgerald
|
18,449,593
|
18,437,063
|
99.93%
|
Edmund Ryan
|
18,449,593
|
18,232,560
|
98.82%
|
Wade K. Dawe
|
18,449,593
|
18,017,777
|
97.66%
|
Nutan Behki
|
18,449,593
|
18,447,425
|
99.99%
|
Carol Leaman
|
18,449,593
|
18,447,947
|
99.99%
|
2.
Re-Appointment of Auditors
Shareholders voted to approve management's recommendation that
KPMG LLP be re-appointed as auditors of the Company, to hold office
until the close of the next annual meeting of shareholders, and to
authorize the Company to fix their remuneration for the forthcoming
year.
Number of Votes
Cast
|
Votes
"For"
|
Votes "For"
%
|
18,449,593
|
18,447,889
|
99.99%
|
3.
Approval of Omnibus Amendment Resolution
Shareholders voted to approve by ordinary resolution the
proposed amendments to the Plan, as described in the Circular under
the heading "Particulars of Matters to be Acted Upon – Approval
of Amendments to the Omnibus Equity Incentive Plan".
Number of Votes
Cast
|
Votes
"For"
|
Votes "For"
%
|
18,449,593
|
14,761,682
|
80.01%
|
Final voting results on all matters voted at the 2022 AGSM have
been filed with Canadian securities regulators.
About Kneat
Kneat, a Canadian company with operational headquarters in
Limerick, Ireland, develops and
markets the next generation Kneat Gx SaaS platform. Multiple
business work processes can be configured on the platform from
equipment to computer system validation, through to quality
document management. Kneat's software allows users to author,
review, approve, execute testing online, manage any exceptions, and
post approve final deliverables in a controlled FDA 21 CFR Part 11/
Eudralex Annex 11 compliant platform. Macro and micro report
dashboards enable powerful oversight into all systems, projects and
processes globally. Customer case studies are reporting
productivity improvements in excess of 100% and a higher data
integrity and compliance standard. For more information
visit www.kneat.com.
SOURCE kneat.com, inc.