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Dorel Industries Announces Results of Annual Meeting

Dorel Industries, Inc.
·2 min read

MONTRÉAL, May 26, 2021 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) is pleased to announce that all of the nominees listed in its Management Proxy Circular dated April 13, 2021 were re-elected as directors at the Company’s Annual Meeting of Shareholders held today in Montréal.

At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the following individuals were elected as directors of Dorel, with the following results:

Name of Nominee

Votes For

% For

Votes
Withheld

%
Withheld

Martin Schwartz

54,459,179

94.75

3,020,104

5.25

Alan Schwartz

54,275,351

94.43

3,203,932

5.57

Jeffrey Schwartz

53,607,329

93.26

3,871,954

6.74

Jeff Segel

54,286,236

94.44

3,193,047

5.56

Maurice Tousson

54,393,791

94.63

3,085,492

5.37

Dian Cohen

54,381,629

94.61

3,097,654

5.39

Alain Benedetti

54,365,650

94.58

3,113,633

5.42

Norman M. Steinberg

54,278,685

94.43

3,200,598

5.57

Sharon Ranson

54,526,741

94.86

2,952,542

5.14

Brad A. Johnson

54,689,982

95.15

2,789,301

4.85


Director biographies are available in the Board of Directors section of Dorel’s website at www.dorel.com.

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At the meeting, shareholders also reappointed KPMG LLP, Chartered Professional Accountants, as Dorel’s auditors.

Profile
Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating three distinct businesses in juvenile products, bicycles and home products. Dorel's strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi, Quinny and Tiny Love, complemented by regional brands such as Safety 1st, Bébé Confort, Cosco and Infanti. Dorel Sports brands include Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$2.8 billion and employs approximately 8,200 people in facilities located in twenty-five countries worldwide.

CONTACTS:
Saint Victor Investments Inc
Rick Leckner
(514) 245-9232

Dorel Industries Inc.
Jeffrey Schwartz
(514) 934-3034