Quarterhill Announces Annual General and Special Meeting Results
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TORONTO, May 14, 2024 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) announces results from its Annual General and Special Meeting of shareholders (the "Meeting") that was held on Monday, May 13, 2024, at 10:00 a.m. (Eastern Daylight Time). A replay of the Meeting can be viewed at the Investors section of Quarterhill's website.
At the Meeting, Quarterhill shareholders (present in person or by proxy) voted on the following, full details of which are set out in Quarterhill's April 4, 2024, Notice of Meeting and Management Information Circular (the "Circular") issued in connection with the Meeting:
1. The election of the following nominees to Quarterhill's Board of Directors, which was approved by shareholders as follows:
| | Votes For | % Votes For | Votes Against | % Votes Against |
| Roxanne Anderson | 40,273,746 | 91.38 | 3,796,812 | 8.62 |
| Rusty Lewis | 43,381,337 | 98.43 | 689,744 | 1.57 |
| William (Bill) Morris | 43,332,999 | 98.33 | 738,082 | 1.67 |
| Chuck Myers | 43,400,727 | 98.48 | 670,354 | 1.52 |
| Pamela Steer | 39,650,435 | 89.97 | 4,420,646 | 10.03 |
| Anna Tosto | 38,455,606 | 87.26 | 5,615,475 | 12.74 |
2. Ordinary resolution appointing Ernst & Young LLP as Quarterhill's auditors to hold office until the next annual meeting of Quarterhill's shareholders and authorizing the Board to fix their remuneration, which was approved by shareholders as follows:
| Votes For | % Votes For | Votes Withheld | % Votes Withheld |
| 43,788,418 | 99.36 | 282,663 | 0.64 |
3. Ordinary resolution to approve, adopt and ratify the proposed amendments to the Company's 2018 Equity Incentive Plan (the "Equity Plan") and approve the grant of unallocated awards under the Equity Plan, which was approved as follows:
| Votes For | % Votes For | Votes Against | % Votes Against |
| 40,788,846 | 92.55 | 3,282,235 | 7.45 |
4. Ordinary resolution to approve, adopt and ratify the Company's employee share purchase plan, which was approved as follows:
| Votes For | % Votes For | Votes Against | % Votes Against |
| 41,423,618 | 93.99 | 2,647,463 | 6.01 |
About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, 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: www.quarterhill.com.
