TORONTO, April 14, 2022 Quarterhill Inc. ("Quarterhill")
(TSX: QTRH) (OTCQX: QTRHF), is providing details of its upcoming
Annual and Special Meeting of shareholders ("AGM") to be held
virtually on Thursday April 21, 2022,
at 9:30 a.m. (Eastern Daylight
Time).
TO VOTE AHEAD OF THE VIRTUAL AGM
As in prior years,
shareholders have multiple options to cast their vote ahead of the
AGM, which include on-line, via telephone or via mail. Details on
using each method are included in the management information
circular and the form of proxy. Shareholders who are planning to
vote ahead of the AGM must submit their proxy voting instructions
to Computershare no later than 9:30 a.m.
(Eastern Daylight Time) on Tuesday, April 19, 2022.
A notice package containing a description of the matters to be
addressed at the AGM and of the notice-and-access procedures to
access the meeting materials, as well as a form of proxy (for
registered shareholders) or a voting instruction form (for
non-registered shareholders) (collectively, the "Notice Package")
was mailed on or about March 17,
2022. If you have not yet received your copy of the Notice
Package, please contact your broker if you are a non-registered
shareholder or contact Computershare if you are a registered
shareholder. These materials outline in detail how to participate
at the AGM.
The Meeting Materials are available to view at Quarterhill's
profile on SEDAR at www.sedar.com as well as in the Investor
Section of Quarterhill's website at www.quarterhill.com.
LISTENING TO THE VIRTUAL AGM
All shareholders will be
able to listen to the AGM and view the Company's slide presentation
as guests via audio webcast. To do so, login online at:
https://web.lumiagm.com/429372562, click "Guest" and then complete
the online form. Please log in 30-45 minutes prior to the start
time of the AGM on April 21,
2022.
TO VOTE OR ASK QUESTIONS AT THE VIRTUAL AGM
For
registered shareholders and duly appointed proxyholders to vote
their proxies and/or ask questions at the AGM, please follow the
instructions set out in our Circular.
All shareholders wishing to have a question addressed at the
virtual AGM can avoid the registration requirements set out in the
Circular by submitting them in advance to ir@quarterhill.com.
Questions will be collected, organized by theme and posed to
management at the AGM. Quarterhill is committed to addressing all
appropriate questions submitted by shareholders either live during
the AGM or in advance, as timing and circumstances permit.
Shareholders who have questions on how to vote their proxy in
advance of the AGM, or on how to register to vote at the AGM, can
contact Quarterhill's strategic shareholder advisor and proxy
solicitation agent, Kingsdale Advisors, at 1-855-476-7980 or, from
outside North America, by collect
call to 1-416-867-2272, or by Email at:
contactus@kingsdaleadvisors.com.
About Notice and Access
As permitted by the Canadian
Securities Administrators and pursuant to exemptions from the
management proxy solicitation and financial statement and
management's discussion and analysis delivery requirements received
from the Director appointed under the Canada Business
Corporations Act, Quarterhill is using "notice and
access" to deliver proxy-related materials including
Quarterhill's notice of meeting, management information circular
and related materials (collectively the "Meeting Materials") to
both registered and non-registered shareholders. "Notice and
access" is a set of rules for reducing the volume of materials that
must be physically mailed to shareholders by posting the Meeting
Materials online and providing shareholders with a notice stating
where they are available. Rather than receiving a paper copy of the
Meeting Materials in the mail, shareholders will have access to
them online and will receive a Notice Package as described earlier
in this release. Where a shareholder has previously consented to
electronic delivery, the Notice Package will be sent to the
shareholder electronically, and otherwise will be mailed to the
shareholder.
About Quarterhill
Quarterhill is a leading provider of
tolling and enforcement solutions in the Intelligent Transportation
System (ITS) industry, as well as, through its Wi-LAN Inc.
subsidiary, a leader in Intellectual Property licensing. Our goal
is global leadership in ITS, via organic growth of the Electronic
Transaction Consultants, LLC (ETC) and International Road Dynamics,
Inc. (IRD) platforms, and by continuing an acquisition-oriented
investment strategy that capitalizes on attractive growth
opportunities within ITS and its adjacent markets. Quarterhill is
listed on the TSX under the symbol QTRH and on the OTCQX Best
Market under the symbol QTRHF. For more information, visit
www.quarterhill.com
Forward-looking Information
This news release contains
forward-looking statements regarding Quarterhill and its business.
Forward-looking statements are based on estimates and assumptions
made by Quarterhill in light of its experience and its perception
of historical trends, current conditions, expected future
developments and the expected effects of new business strategies,
as well as other factors that Quarterhill believes are appropriate
in the circumstances. The forward-looking events and circumstances
discussed herein may not occur and could differ materially as a
result of known and unknown risk factors and uncertainties
affecting Quarterhill, including: potential risks and uncertainties
relating to the ultimate geographic spread of the novel coronavirus
("COVID-19"); the severity of the disease; the duration of the
COVID-19 outbreak; actions that may be taken by governmental
authorities to contain the COVID-19 outbreak or to treat its
impact; the potential negative impacts of COVID-19 on the global
economy and financial markets and any resulting impact on
Quarterhill and/or its business. Other factors include, without
limitation, the risks described in Quarterhill's March 11, 2021 annual information form for the
year ended December 31, 2021 (the
"AIF"). Copies of the AIF may be obtained at www.sedar.com.
Quarterhill recommends that readers review and consider all of
these risk factors and notes that readers should not place undue
reliance on any of Quarterhill's forward-looking statements.
Quarterhill has no intention, and undertakes no obligation, to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
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SOURCE Quarterhill Inc.