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).
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