Enthusiast Gaming Reveals Voting Outcomes from AGM 2024

Enthusiast Gaming Makes Significant Announcements at AGM

TORONTO – Enthusiast Gaming Holdings Inc. (TSX: EGLX), a prominent player in gaming media and entertainment, is excited to share the outcomes from its recent Annual General Meeting (AGM) of shareholders. This meeting showcased the election results for its Board of Directors, where shareholders came together to make crucial decisions that shape the company's future.

Board of Directors Election Results

The AGM highlighted successful elections for all nominees presented in the Company’s management information circular. The transparent voting process resulted in a comprehensive endorsement of the nominated candidates by the shareholders. Here are the detailed voting results for the director nominees:

Nominees and Voting Data

The voting process was clear and straightforward, providing shareholders the opportunity to express their opinions on the nominees.

Results Breakdown

John Albright received an impressive 93.88% approval with 4,226,435 votes in favor while 6.12% of voters withheld their support. Scott Michael O'Neil also saw strong support at 94.33% with 4,246,686 votes, showing shareholders' confidence in the leadership.

Continuing with the Voting Results

Other nominees included Thomas Hearne, John Zorbas, Sara Slane, and Jordan Gnat, each receiving significant backing. The votes illustrated a favorable inclination towards maintaining a robust leadership team within the organization, essential for steering the company through evolving market dynamics.

Additional Shareholder Approvals

In conjunction with the Board elections, shareholders also voted on two other important matters: the number of directors and the appointment of auditors. Votes were overwhelmingly in favor of appointing KPMG LLP as the auditor for the coming year, affirming shareholder confidence in the firm's auditing capabilities.

Results Summary

The resolution to set the number of directors at six was carried, with 86.89% of votes cast in approval. Correspondingly, 97.81% backed the appointment of KPMG LLP, reflecting a united front among shareholders on key governance matters.

About Enthusiast Gaming

Enthusiast Gaming is recognized as a leading media and entertainment entity within the gaming sector across North America. The company has excelled in creating a platform where video game enthusiasts and esports followers can connect, engage, and capitalize on shared interests. Its strategy encompasses five core pillars: creators, content, communities, games, and experiences. This multifaceted approach provides marketers with a unique opportunity to engage with the highly sought-after Gen Z and Millennial demographics.

With an unwavering commitment to expanding its digital media, content, and gaming assets, Enthusiast Gaming is well-positioned to continue growing its community network, reflecting the vibrancy and variety of today's gaming enthusiasts.

Frequently Asked Questions

What were the results of the Board of Directors elections?

All nominees presented at the AGM were elected, reflecting strong shareholder support.

Who were the key nominees in the election?

Key nominees included John Albright, Scott Michael O'Neil, and Thomas Hearne, among others.

What other resolutions were passed at the AGM?

Shareholders approved setting the number of directors to six and reappointing KPMG LLP as auditors.

What percentage of votes supported the auditor appointment?

97.81% of shareholders voted in favor of KPMG LLP's appointment.

How does Enthusiast Gaming engage with its community?

The company engages by creating a platform that connects gamers, fostering content and communities for shared experiences.

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