Full Press Release Details
To the securities regulatory authorities
of each of the Provinces of Canada
Following the annual and special meeting of shareholders of Aeterna Zentaris Inc. (the "Corporation") held on May 10, 2016 (the "Meeting"), and in accordance with Section 11.3 of NI 51 102, we hereby advise you of the following voting results obtained at the Meeting:
| Item Voted Upon | Voting Result | |||
| 1. | Election of Directors: | l | The nominees proposed by management were elected by a majority of shareholders on a show of hands. The Corporation received proxies with regard to voting on the six directors nominated for election as set forth in the table below: |
| Nominee | Votes for | (%) | Votes Withheld | (%) | ||||
| Michael Cardiff | 1,254,909 | 88.53 | 162,647 | 11.47 | ||||
| David A. Dodd | 1,187,024 | 83.74 | 230,532 | 16.26 | ||||
| Carolyn Egbert | 1,268,485 | 89.48 | 149,071 | 10.52 | ||||
| Juergen Ernst | 1,266,892 | 89.37 | 150,664 | 10.63 | ||||
| G rard Limoges | 1,268,600 | 89.49 | 148,956 | 10.51 | ||||
| Ken Newport | 1,254,215 | 88.48 | 163,341 | 11.52 |
| 2. | Appointment of PricewaterhouseCoopers LLP as the Corporation's auditors: | l | PricewaterhouseCoopers LLP were appointed as the Corporation's auditors and the directors were authorized to determine their remuneration by a majority of shareholders on a show of hands. | |
| 3. | Approving, ratifying and confirming the renewal of the Corporation's stock option plan and approving and authorizing, for a period of three years after the date of the meeting, all unallocated options issuable pursuant to the Corporation's stock option plan: | l | The resolution described at item 3 hereof approving, ratifying and confirming the renewal of the Corporation's stock option plan and approving and authorizing, for a period of three years after the date of the meeting, all unallocated options issuable pursuant to the Corporation's stock option plan was approved by 68.38% of the Company's shareholders on a vote by way of ballot. | |
| 4. | Approving, ratifying and confirming the shareholder rights plan adopted by the Corporation's Board of Directors on March 29, 2016: | l | The resolution described at item 4 hereof approving, ratifying and confirming the shareholder rights plan adopted by the Corporation's Board of Directors on March 29, 2016 was approved by 86.22% of the Company's shareholders on a vote by way of ballot. |
Trusting the whole is to your satisfaction, we remain,
Senior Vice President, Chief Administrative Officer,
General Counsel and Corporate Secretary