Dorel News

Dorel Industries Announces Results of Annual Meeting

Montreal, Quebec -

Montréal, May 22, 2024 – Dorel Industries Inc. (TSX: DII.B, DII.A) is pleased to announce that all of the nominees listed in its Management Proxy Circular dated April 9, 2024 were re-elected as directors at the Company’s Annual Meeting of Shareholders held today in Montréal.

At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the following individuals were elected as directors of Dorel, with the following results:

 

Name of Nominee

Votes For

% For

Votes Withheld

% Withheld

Martin Schwartz...........

51,846,540

86.03

8,419,813

13.97

Alan Schwartz.............

51,792,652

85.94

8,473,701

14.06

Jeffrey Schwartz..........

51,144,626

84.86

9,121,727

15.14

Jeff Segel....................

51,794,247

85.94

8,472,106

14.06

Alain Benedetti............

48,469,742

80.43

11,796,611

19.57

Brad A. Johnson..........

48,696,162

80.80

11,570,191

19.20

Sharon Ranson............

52,261,198

86.72

8,005,155

13.28

Norman M. Steinberg...

47,759,251

79.25

12,507,102

20.75

Maurice Tousson.........

51,746,889

85.86

8,519,464

14.14


Director biographies are available in the Board of Directors section of Dorel’s website at www.dorel.com.

At the meeting, shareholders also reappointed KPMG LLP, Chartered Professional Accountants, as Dorel’s auditors.

Profile

Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products 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, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother’s Choice and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$1.4 billion and employs approximately 3,900 people in facilities located in twenty-two countries worldwide

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