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Shopify Announces Results of its 2023 Annual Meeting of Shareholders
Internet, Everywhere--(Newsfile Corp. - June 27, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, today
About this update from Shopify Inc.
[{"type":"text","content":"Internet, Everywhere--(Newsfile Corp. - June 27, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, today announced the results of its annual meeting of shareholders (the \"Meeting\") held on June 27, 2023. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP was appointed as auditors. Shareholders also approved the advisory resolution on the Company's approach to executive compensation, as further described in the Company's management information circular dated May 12, 2023.\nThe detailed results of the Meeting were as follows:\n\nElection of Directors\n\nThe eight (8) nominees for director that were proposed by management of the Company were elected by a majority of the votes cast by shareholders present or represented by proxy at the Meeting. The votes cast for each nominee were as follows:\n\n\n\nDirector\nVotesfor\n% ofVotes for\nVotesAgainst\n% ofVotes Against\n\n\nTobias Lütke\n1,568,508,234\n98.28%\n27,504,887\n1.72%\n\n\nRobert Ashe\n1,325,747,830\n83.07%\n270,265,291\n16.93%\n\n\nGail Goodman\n1,475,541,861\n92.45%\n120,471,260\n7.55%\n\n\nColleen Johnston\n1,455,522,600\n91.20%\n140,490,521\n8.80%\n\n\nJeremy Levine\n1,453,651,526\n91.08%\n142,361,595\n8.92%\n\n\nToby Shannan\n1,585,387,850\n99.33%\n10,625,271\n0.67%\n\n\nFidji Simo\n1,542,193,524\n96.63%\n53,819,598\n3.37%\n\n\nBret Taylor\n1,593,954,754\n99.87%\n2,058,368\n0.13%\n\n\n\n \n\nAppointment of Auditor\n\nPricewaterhouseCoopers LLP was appointed as the Company's auditors by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, and the directors were authorized to fix the auditors' compensation. The votes were cast as follows:\n\n\n\nVotesfor\n% ofVotes for\nVotesWithheld\n% ofVotes Withheld\n\n\n1,690,442,879\n99.59%\n7,034,489\n0.41%\n\n\n\n \n\nAdvisory Vote on Executive Compensation\n\nThe advisory resolution on the Company's approach to executive compensation was approved by a majority of the votes cast by shareholders present or represented by proxy at the Meeting. The votes were cast as follows:\n\n\n\nVotesfor\n% ofVotes for\nVotesAgainst\n% ofVotes Against\n\n\n1,236,067,123\n77.45%\n359,945,998\n22.55%\n\n\n\n \nFollowing the Meeting, the Board of Directors selected Tobias Lütke to continue to serve as Chair of the Boar...