03:26:19 EDT Fri 29 Mar 2024
Enter Symbol
or Name
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CA



Dorel Industries Inc
Symbol DII
Shares Issued 28,248,971
Close 2018-05-22 C$ 22.32
Market Cap C$ 630,517,033
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Dorel holders re-elect management's slate to board

2018-05-22 13:47 ET - News Release

Mr. Martin Schwartz reports

DOREL INDUSTRIES ANNOUNCES RESULTS OF ANNUAL MEETING

All of the nominees listed in Dorel Industries Inc.'s management proxy circular dated April 9, 2018, were re-elected as directors at the company's annual meeting of shareholders held today in Montreal.

At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the nominees were elected as directors of Dorel, with the results as presented in the associated table.

Nominee             Votes for   Votes withheld

Martin Schwartz    64,249,850          557,702
Alan Schwartz      64,019,319          788,233
Jeffrey Schwartz   59,638,394        5,169,158
Jeff Segel         64,018,613          788,939
Alain Benedetti    64,036,913          770,639
Dian Cohen         63,926,550          881,002
Michelle Cormier   64,427,860          379,692
Rupert Duchesne    55,011,754        9,795,798
Maurice Tousson    63,881,040          926,512

Director biographies are available in the board of directors section of Dorel's website.

At the meeting, shareholders also reappointed KPMG LLP, chartered professional accountants, as Dorel's auditor.

About Dorel Industries Inc.

Dorel Industries 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, Bebe Confort, Cosco and Infanti. Dorel Sports brands include Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and SUGOI. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture.

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