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Mogo Announces Results of Its Annual Meeting of Shareholders

VANCOUVER, British Columbia, June 29, 2022--(BUSINESS WIRE)--The annual general meeting of shareholders (the "Meeting") of Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ("Mogo" or the "Company"), a digital payments and financial technology company, was held today via live audiocast online and the Company is pleased to announce that all resolutions put forward, being the election of directors, the appointment of the auditors of the Company, and the renewal of the Company’s stock option plan and all unallocated options thereunder, were approved. Each of the matters voted upon at the Meeting is discussed in detail in the Company’s management information circular dated May 24, 2022 (the "Circular"), which can be found under the Company’s profile on SEDAR (www.sedar.com).

The total number of votes cast by shareholders by proxy or online at the Meeting was 29,013,586 votes, representing 37.8% of the Company's outstanding shares as at May 24, 2022. The voting results are detailed below.

Election of Directors

The nominees listed in the Circular were elected as directors of Mogo. Detailed results of the vote are as follows:

Name of Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

David Feller

19,396,211

84.72

3,498,852

15.28

Gregory Feller

19,351,446

84.52

3,543,617

15.48

Michael Wekerle

17,884,811

78.12

5,010,253

21.88

Christopher Payne

21,060,494

91.99

1,834,570

8.01

Liam Cheung

19,255,058

84.10

3,640,005

15.90

Wendy Rudd

21,006,278

91.75

1,888,785

8.25

Appointment of Auditor

KPMG LLP was re-appointed as auditor of the Company until the next annual general meeting of shareholders of the Company at remuneration to be fixed by the Company's board of directors. Detailed results of the vote are as follows:

Votes For

% Votes For

Votes Withheld

% Votes Withheld

28,943,621

99.77

66,343

0.23

Approval of Unallocated Options

The Company’s Stock Option Plan and all unallocated options under the Company’s Stock Option Plan were renewed. Detailed results of the vote are as follows:

Votes For

% Votes For

Votes Against

% Votes Against

17,472,977

76.32

5,422,086

23.68

The Company has filed a report of voting results on all resolutions voted upon at the Meeting under its profile on SEDAR at www.sedar.com.

About Mogo

Mogo Inc., one of Canada’s leading financial technology companies, is empowering its 1.9 million members with simple digital solutions to help them get in control of their financial health while also making a positive impact with their money. Through the free Mogo app, consumers can access a digital spending account with Mogo Visa* Platinum Prepaid Card featuring automatic carbon offsetting, easily buy and sell bitcoin, get free monthly credit score monitoring and ID fraud protection and access personal loans and mortgages. Mogo’s new MogoTrade app offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, Mogo’s wholly-owned subsidiary bringing automated, fully-managed flat-fee investing to Canadians, forms the heart of Mogo’s digital wealth platform. Mogo’s wholly-owned subsidiary, Carta Worldwide, also offers a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe, North America and APAC. To learn more, please visit mogo.ca or download the mobile app (iOS or Android).

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628006198/en/

Contacts

Craig Armitage
Investor Relations
investors@mogo.ca
(416) 347-8954

US Investor Relations Contact
Lytham Partners, LLC
Ben Shamsian
New York | Phoenix
646-829-9701
shamsian@lythampartners.com