D-BOX Shareholders Approve Key Actions in Annual Meeting
D-BOX Technologies Inc. Announces Key Meeting Outcomes
MONTREAL, Sept. 2025 — D-BOX Technologies Inc., a leader in haptic technology, held its annual and special meeting of shareholders recently. During this important gathering, a substantial number of shares, totaling 114,410,896 Class A common shares, were represented, making up about 51.46% of all issued and outstanding shares of the corporation. The outcomes of the meeting showcased positive engagement from shareholders, who voted in favor of all proposed business items.
Election of the Board of Directors
Among the key decisions made was the election of the nominees for the Board of Directors. Each of the proposed nominees listed in the proxy circular dated August 14, 2025, successfully secured their position. The dedication of these individuals will undoubtedly steer D-BOX towards a future filled with growth and innovation.
Results of the Election
The voting results for board members, such as Naveen Prasad and Brigitte Bourque, reflected shareholder confidence. Prasad received 109,011,365 votes in favor, translating to 99.93%, while Bourque garnered 109,045,023 votes at 99.96%. These figures illustrate a strong mandate for the directors as they lead the company forward.
Leadership Transition
In a significant leadership move, Brigitte Bourque announced her resignation as Chair of the Board immediately following the meeting. The Board appointed Dave McLurg, an independent director, as the new Chair. This transition aims to evolve D-BOX’s leadership structure, focusing on enhanced governance.
Appointment of Independent Auditors
The shareholders also agreed upon appointing Ernst & Young LLP as independent auditors for D-BOX, effective until the next annual meeting. This decision empowers the Board of Directors to regulate the auditors’ compensation, ensuring that the oversight remains effective and transparent.
Approval of Omnibus Incentive Plan
A new omnibus long-term incentive compensation plan received overwhelming support from shareholders. This plan was ratified, confirmed, and approved, with 100,370,459 votes in favor, marking a 92.01% approval rating. Such initiatives highlight D-BOX’s commitment to motivating and retaining key talents within the organization.
About D-BOX Technologies Inc.
D-BOX Technologies Inc. (TSX: DBO) is at the forefront of haptic technology, renowned for delivering exhilarating motion experiences that captivate audiences and enhance storytelling. Through its innovative solutions, D-BOX synchronizes motion, vibration, and texture with digital content, making it a sought-after choice in varied applications such as cinema, sim racing, and training simulations. With over 25 years of pioneering advancements, the company is evolving the way people connect with media across the globe.
Headquartered in Montreal, Canada, with operational support in Los Angeles, USA, D-BOX remains dedicated to enhancing audience engagement through advanced immersive technologies.
FOR FURTHER INFORMATION, PLEASE CONTACT:
D-BOX Media Relations
media@d-box.com
Frequently Asked Questions
What were the key outcomes of the D-BOX shareholder meeting?
Shareholders approved all proposed items, including the election of directors and appointment of auditors.
Who were elected to the Board of Directors?
The nominees included Naveen Prasad, Brigitte Bourque, and Dave McLurg, among others, with overwhelming support.
What changes in leadership occurred during the meeting?
Brigitte Bourque stepped down as Chair of the Board, and Dave McLurg was appointed as the new Chair.
What does the new omnibus incentive plan signify?
The omnibus incentive plan aims to attract and retain talent, promoting long-term growth within D-BOX.
How does D-BOX Technologies Inc. stand out in its industry?
D-BOX is known for its innovative haptic technology that enhances immersive experiences in various sectors globally.
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