VBI Vaccines Inc. (Nasdaq: VBIV) ("VBI" or the "Company"), a commercial-stage biopharmaceutical company developing next-generation infectious disease and immuno-oncology vaccines, today announced the voting results from its annual general meeting of shareholders held on June 18, 2020 (the "Meeting").
The total number of common shares of the Company ("Common Shares") represented by shareholders ("Shareholders") present in person or represented by proxy at the Meeting was an aggregate of 125,815,545 Common Shares, representing 70.53% of VBI's issued and outstanding Common Shares as of the record date for the Meeting, April 20, 2020.
The voting results with respect to each of the following seven director nominees, as described in the Company's proxy statement dated April 28, 2020 (the "Proxy Statement"), all of whom previously served as directors of the Company, were as follows:
|Nominee||Votes For||%||Votes Withheld||%|
|Jeffrey R. Baxter||77,794,855||98.80%||942,631||1.20%|
|Michel De Wilde||77,909,815||98.95%||827,671||1.05%|
|Blaine H. McKee||77,923,113||98.97%||814,373||1.03%|
Each of the other matters put forward before the Shareholders for consideration and approval at the Meeting, as described in the Proxy Statement, were duly approved by the requisite number of votes. The Shareholders voted in favor of appointing EisnerAmper LLP as VBI's independent registered public accounting firm for the ensuing year and authorizing the audit committee of VBI's board of directors to fix its remuneration. The Shareholders also approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Proxy Statement.
Additional information regarding the results of all matters voted upon at the Meeting may be found in the Company's SEC and SEDAR filings.