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DATA Communications Management Corp. Report of Voting Results

Annual and Special Meeting of Shareholders Held on June 26, 2020

DATA Communications Management Corp. ("DCM" or the "Corporation") (TSX: DCM) today announced that the annual and special meeting (the "Meeting") of the shareholders of the Corporation was held on June 26, 2020 in Brampton, Ontario. 36 shareholders holding a total of 26,652,508 common shares of the Corporation ("Common Shares") were represented at the Meeting in person or by proxy, representing approximately 61.91% of the total votes attached to all issued and outstanding Common Shares as of May 19, 2020, the record date for the Meeting.

Appointment of Auditors

The resolution to appoint PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation, to hold office until the next annual meeting of shareholders of the Corporation or until their successors are appointed and to authorize the directors to fix the auditors’ remuneration, was adopted on a vote by show of hands by a majority of the votes cast by the shareholders present in person or represented by proxy at the Meeting. The votes cast by shareholders present in person or represented by proxy at the Meeting for the appointment of the auditors were as follows:

 

Votes For

 

Votes Withheld

#

 

%

 

#

 

%

Appointment of Auditors

26,639,926

 

100.00

 

768

 

0.00

Election of Directors

All seven directors proposed for election at the Meeting were elected on a vote by ballot.

The votes cast by shareholders present in person or represented by proxy at the Meeting for the election of directors were as follows:

 

Votes For

 

Votes Withheld

#

 

%

 

#

 

%

William M. Albino

17,432,775

 

65.41

 

9,219,733

 

34.59

Michael G. Sifton

24,046,330

 

90.22

 

2,606,178

 

9.78

J.R. Kingsley Ward

19,406,641

 

72.81

 

7,245,867

 

27.19

Derek J. Watchorn

22,588,335

 

84.75

 

4,064,173

 

15.25

James J. Murray

22,147,216

 

83.10

 

4,505,292

 

16.90

Gregory J. Cochrane

24,356,579

 

91.39

 

2,295,929

 

8.61

Merri L. Jones

24,553,735

 

92.13

 

2,098,773

 

7.87

Long-Term Incentive Plan

On a vote by ballot, the ordinary resolution (the "LTIP Resolution") to approve and re-confirm the amended and restated long-term incentive plan of the Corporation (the "LTIP") was passed by a majority of greater than 50% of the votes cast by shareholders present in person or represented by proxy at the Meeting. The votes cast by shareholders present in person or represented by proxy at the Meeting for the LTIP Resolution were as follows:

 

Votes For

 

Votes Against

#

 

%

 

#

 

%

LTIP Resolution

17,914,932

 

67.22

 

8,737,576

 

32.78

Shareholder Rights Plan

On a vote by ballot, the ordinary resolution (the "Shareholder Rights Plan Resolution") to approve and re-confirm the amended and restated shareholder rights plan of the Corporation was passed by a majority of greater than 50% of the votes cast by shareholders present in person or represented by proxy at the Meeting. The votes cast by shareholders present in person or represented by proxy at the Meeting for the Shareholder Rights Plan were as follows:

 

Votes For

 

Votes Against

#

 

%

 

#

 

%

Shareholder Rights Plan

22,918,496

 

85.99

 

3,734,012

 

14.01

Revocation of the Preferred Share Resolution

Prior to the Meeting, the board of directors of the Corporation elected to revoke the special resolution related to the proposed creation of a new class of preferred shares of the Corporation (the "Preferred Share Resolution"). As a result, the Preferred Share Resolution was not voted on at the Meeting.

About DATA Communications Management Corp.

DCM is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. DCM pairs customer insights and thought leadership with cutting edge products, modular enabling technology and services to power its clients’ go to market strategies. DCM helps its clients manage how their brands come to life, determine which channels are right for them, manage multimedia campaigns, deploy location specific and 1:1 marketing, execute custom loyalty programs, and fulfill their commercial printing needs all in one place.

DCM’s extensive experience has positioned it as an expert at providing communication solutions across many verticals, including the financial, retail, healthcare, consumer health, energy, and not for profit sectors. As a result of its locations throughout Canada and in the United States (Chicago, Illinois and New York, New York), it is able to meet its clients’ varying needs with scale, speed, and efficiency – no matter how large or complex the ask. DCM is able to deliver advanced data security, regulatory compliance, and bilingual communications, both in print and/or digital formats.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200626005499/en/

Contacts

Mr. Michael Coté
President
DATA Communications Management Corp.
Tel: (905) 791-3151

Mr. James E. Lorimer
Chief Financial Officer
DATA Communications Management Corp.
Tel: (905) 791-3151
ir@datacm.com