OTTAWA, Ontario–(BUSINESS WIRE)–Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (“Shopify” or the “Company”), the
leading multi-channel commerce platform, today announced the results
from its Annual Meeting of Shareholders (the “Meeting”) which took place
today. All director nominees were re-elected to the Board of Directors
and PricewaterhouseCoopers LLP was appointed as auditors as further
described in the Company’s management information circular dated April
17, 2019 (the “Circular”). Shareholders approved the advisory resolution
on the approach to executive compensation disclosed in the Circular.
The detailed results of the Meeting were as follows:
1. Election of Directors
The six (6) nominees for Director that were proposed by management of
the Company were elected pursuant to a vote conducted by ballot. The
votes were cast for each nominee as follows:
| Director |
Votes
for |
% of
Votes for |
Votes
Withheld |
% of
Votes Withheld |
||||
| Tobias Lütke | 184,994,109 | 99.52% | 896,537 | 0.48% | ||||
| Robert Ashe | 181,202,249 | 97.48% | 4,688,397 | 2.52% | ||||
| Gail Goodman | 185,052,578 | 99.55% | 858,068 | 0.45% | ||||
| Colleen Johnston | 185,842,907 | 99.97% | 47,738 | 0.03% | ||||
| Jeremy Levine | 185,163,144 | 99.61% | 727,502 | 0.39% | ||||
| John Phillips | 184,918,115 | 99.48% | 972,531 | 0.52% | ||||
2. Appointment of Auditor
PricewaterhouseCoopers LLP were appointed as the Company’s auditors and
the directors were authorized to fix the auditor’s compensation pursuant
to a vote conducted by show of hands. Proxies were received as follows:
|
Votes
for |
% of
Votes for |
Votes
Withheld |
% of
Votes Withheld |
|||
| 199,962,872 | 99.73% | 535,299 | 0.27% | |||
3. Advisory Vote on Executive Compensation
The advisory vote on executive compensation was approved pursuant to a
vote conducted by ballot. The votes were cast as follows:
|
Votes
for |
% of
Votes for |
Votes
Against |
% of
Votes Against |
|||
| 172,224,944 | 92.65% | 13,662,437 | 7.35% | |||
Following the Meeting, the Board of Directors selected Tobias Lütke to
continue to serve as Chair of the Board of Directors, and Robert Ashe to
continue to serve as Lead Independent Director.
About Shopify
Shopify is the leading multi-channel commerce platform. Merchants use
Shopify to design, set up, and manage their stores across multiple sales
channels, including mobile, web, social media, marketplaces,
brick-and-mortar locations, and pop-up shops. The platform also provides
merchants with a powerful back-office and a single view of their
business, from payments to shipping. The Shopify platform was engineered
for reliability and scale, making enterprise-level technology available
to businesses of all sizes. Headquartered in Ottawa, Canada, Shopify
currently powers over 800,000 businesses in approximately 175 countries
and is trusted by brands such as Unilever, Kylie Cosmetics, Allbirds,
MVMT, and many more.
Contacts
INVESTORS:
Katie Keita
Senior Director, Investor Relations
613-241-2828
x 1024
[email protected]
MEDIA:
Julie Nicholson
Director of Communications
416-238-6705
x 302
[email protected]
