Baylin Technologies Inc. - Report of Voting Results

Baylin Technologies Inc. - Report of Voting Results

TORONTO, May 9, 2018 /CNW/ - In compliance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, set forth below is a brief description of the matters voted upon at the annual general and special meeting of shareholders of Baylin Technologies Inc. (the "Company") held on May 8, 2018 (the "Meeting") and the outcome of the vote on each matter. The Employee Purchase Plan matter was voted on at the Meeting by ballot.

Matter 1: Election of Directors
On a vote by way of a show of hands, each of the seven nominees proposed by management was elected to serve as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed. The numbers in respect of the vote are based on the proxies received.

                                                      Votes

    Nominee          Votes For            % For       Withheld        %Withheld

    Jeffrey C. Royer           19,219,174      99.99%           2,601           0.01%

    Randy L. Dewey             19,219,174      99.99%           2,601           0.01%

    Stockwell Day              19,218,174      99.98%           3,601           0.02%

    David Gelerman             19,208,374      99.93%          13,401           0.07%

    Barry J. Reiter            19,218,839      99.98%           2,936           0.02%

    Donald E.
     Simmonds                  19,219,174      99.99%           2,601           0.01%

    Harold M. Wolkin           19,219,174      99.99%           2,601           0.01%

    David Saska                19,219,174      99.99%           2,601           0.01%

Matter 2: Re-Appointment of Auditors
On a vote by way of a show of hands, PriceWaterhouseCoopers LLP, were appointed as auditors of the Company to hold office until the close of the next annual meeting of shareholders or until their successors are appointed, at a remuneration to be fixed by the directors of the Company. The numbers in respect of the vote are based on the proxies received.

                                   Votes

    Votes For  % For      Withheld         %Withheld

    19,229,881       100%                0           0.010%

Matter 3: Employee Purchase Plan
On a vote by way of ballot, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's employee purchase plan. The numbers in respect of the vote are based on the ballots received.

                    Votes

    Votes For % For            Against         %Against

    1,214,283           60.97%         777,236          39.03%

Yours very truly,
BAYLIN TECHNOLOGIES INC.
"Jeffrey C. Royer"
Jeffrey C. Royer
Chairman of the Board of Directors

Investor Relations: Kelly Myles, Marketing and Communications Manager, Baylin Technologies Inc., kelly.myles@baylintech.com

SOURCE Baylin Technologies Inc.