Mr. Dave Mason reports
QUARTERHILL ANNOUNCES RESULTS FROM ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
Quarterhill Inc. has released results of its annual general and special meeting of shareholders, which was held on Monday, May 12, 2025, at 10 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 1, 2025, notice of meeting and management information circular issued in connection with the meeting.
The election of six nominees to Quarterhill's board of directors was approved by shareholders, as detailed in an attached table.
The ordinary resolution appointing Ernst & Young Canada LLP as Quarterhill's auditor to hold office until the next annual meeting of Quarterhill's shareholders and authorizing the company's board of directors to fix its remuneration was approved by shareholders, as detailed in an attached table.
The ordinary resolution to approve, adopt and ratify an amendment to the company's 2018 equity incentive plan was approved by shareholders, as detailed in an attached table.
About Quarterhill
Inc.
Quarterhill is a leading provider of tolling, safety and enforcement, and logistics solutions in the intelligent transportation system (ITS) industry. The company's goal is technology-driven global leadership in ITS, via organic growth of its 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 Toronto Stock Exchange under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.
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