Dorel Industries Announces Results of Annual Meeti
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MONTREAL, May 22, 2018 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX:DII.B) (TSX:DII.A) is pleased to announce that all of the nominees listed in its management proxy circular dated April 9, 2018 were re-elected as directors at the Company’s Annual Meeting of Shareholders held today in Montreal.
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 | Vote Withheld | % Withheld |
| Martin Schwartz | 64,249,850 | 99.14 | 557,702 | 0.86 |
| Alan Schwartz | 64,019,319 | 98.78 | 788,233 | 1.22 |
| Jeffrey Schwartz | 59,638,394 | 92.02 | 5,169,158 | 7.98 |
| Jeff Segel | 64,018,613 | 98.78 | 788,939 | 1.22 |
| Alain Benedetti | 64,036,913 | 98.81 | 770,639 | 1.19 |
| Dian Cohen | 63,926,550 | 98.64 | 881,002 | 1.36 |
| Michelle Cormier | 64,427,860 | 99.41 | 379,692 | 0.59 |
| Rupert Duchesne | 55,011,754 | 84.88 | 9,795,798 | 15.12 |
| Maurice Tousson | 63,881,040 | 98.57 | 926,512 | 1.43 |
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) (TSX:DII.A) is a global organization, operating three distinct businesses in juvenile products, bicycles 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, Quinny and Tiny Love, complemented by regional brands such as Safety 1 st , Bébé Confort, Cosco and Infanti. Dorel Sports brands include Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and SUGOI. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$2.6 billion and employs approximately 10,000 people in facilities located in twenty-five countries worldwide.
CONTACTS: MaisonBrison Communications Rick Leckner (514) 731-0000
Dorel Industries Inc. Jeffrey Schwartz (514) 934-3034
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