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Dorel Industries Announces Results of Annual Meeting

Dorel Industries, Inc.
·2 min read
Dorel Industries, Inc.
Dorel Industries, Inc.

MONTRÉAL, May 22, 2024 (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 9, 2024 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

51,846,540

86.03

8,419,813

13.97

Alan Schwartz

51,792,652

85.94

8,473,701

14.06

Jeffrey Schwartz

51,144,626

84.86

9,121,727

15.14

Jeff Segel

51,794,247

85.94

8,472,106

14.06

Alain Benedetti

48,469,742

80.43

11,796,611

19.57

Brad A. Johnson

48,696,162

80.80

11,570,191

19.20

Sharon Ranson

52,261,198

86.72

8,005,155

13.28

Norman M. Steinberg

47,759,251

79.25

12,507,102

20.75

Maurice Tousson

51,746,889

85.86

8,519,464

14.14

 

 

 

 

 

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 two distinct businesses in juvenile products 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, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother’s Choice and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$1.4 billion and employs approximately 3,900 people in facilities located in twenty-two countries worldwide.

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

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