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Shopify Announces Results of its 2024 Annual Meeting of Shareholders
Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce,
About this update from Shopify Inc.
[{"type":"text","content":"Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today the results of its annual meeting of shareholders (the \"Meeting\") held on June 4, 2024. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as the Company's auditors. Shareholders approved the third amendment and restatement of the Company's Long Term Incentive Plan and approved all unallocated awards under the Company's Long Term Incentive Plan and Stock Option Plan, as amended. In addition, shareholders approved the advisory resolution on the Company's approach to executive compensation, as further described in the Company's management information circular dated April 19, 2024.\nThe detailed results of the Meeting were as follows:\n\nElection of Directors\n\nThe nine (9) 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\nVotes\nfor\n% of\nVotes for\nVotes\nAgainst\n% of\nVotes Against\n\n\nTobias Lütke\n1,612,519,334\n98.10%\n31,288,225\n1.90%\n\n\nRobert Ashe\n1,462,767,030\n88.99%\n181,041,894\n11.01%\n\n\nGail Goodman\n1,254,798,639\n76.33%\n389,010,285\n23.67%\n\n\nColleen Johnston\n1,589,328,000\n96.69%\n54,480,925\n3.31%\n\n\nJeremy Levine\n1,584,189,631\n96.37%\n59,619,274\n3.63%\n\n\nPrashanth Mahendra-Rajah\n1,605,261,515\n97.66%\n38,547,180\n2.34%\n\n\nLulu Cheng Meservey\n1,643,010,721\n99.95%\n797,494\n0.05%\n\n\nToby Shannan\n1,637,461,348\n99.61%\n6,347,390\n0.39%\n\n\nFidji Simo\n1,525,960,560\n92.83%\n117,846,875\n7.17%\n\n\n\n \n\nAppointment of Auditor\n\nPricewaterhouseCoopers LLP were 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\nVotes\nfor\n% of\nVotes for\nVotes\nWithheld\n% of\nVotes Withheld\n\n\n1,727,067,990\n99.52%\n8,275,412\n0.48%\n\n\n\n \n\nApproval of Unallocated Options Under the Stock Option Plan\n\nThe unallocated options under the Company's Stock Option Plan, as amended, were approved by a ma...