Open Text Shareholders Meeting: Director Re-elections and Auditors Approval

Open Text ( (TSE:OTEX) ) has issued an update.

Open Text Corporation shareholders convened virtually on September 12, 2024, for the annual meeting, where they re-elected director nominees with a substantial majority. Notably, Ann M. Powell declined to seek re-election to the Board. The shareholders also approved the re-appointment of KPMG LLP as independent auditors, an amendment to the Employee Stock Purchase Plan, and expressed their advisory vote on executive compensation. Over 82% of outstanding shares were represented at the meeting, underscoring strong shareholder engagement.

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