Full Press Release Details
Organigram Holdings Inc. Announces Election of Directors
MONCTON, New Brunswick--(BUSINESS WIRE)--February 25, 2020--Organigram Holdings Inc. ("Organigram" or the "Corporation") (TSX: OGI) (NASDAQ: OGI) announced today that each of the eight nominees listed in its management information circular
dated January 23, 2020 (the "Circular") was elected as a director of Organigram at the Annual and Special Meeting of Shareholders (the "Meeting") held on February 25, 2020. The vote was conducted by a show of hands. Detailed results of the
votes cast by proxy are set out below:
| Nominee | Votes For | % of Votes For | Votes Withheld | % of Votes Withheld | ||||||||||
| Peter Amirault | 16,616,184 | 97.12 | 492,516 | 2.88 | ||||||||||
| Greg Engel | 16,625,303 | 97.18 | 483,397 | 2.83 | ||||||||||
| Dexter John | 16,078,699 | 93.98 | 1,030,001 | 6.02 | ||||||||||
| Geoffrey Machum | 16,611,530 | 97.09 | 497,170 | 2.91 | ||||||||||
| Ken Manget | 16,654,923 | 97.35 | 453,777 | 2.65 | ||||||||||
| Sherry Porter | 16,319,053 | 95.39 | 789,647 | 4.62 | ||||||||||
| Stephen Smith | 16,642,629 | 97.28 | 466,071 | 2.72 | ||||||||||
| Derrick West | 16,600,454 | 97.03 | 508,246 | 2.97 |
The biographies of the Corporation's directors are set out in the Circular, which is available under the Corporation's profile on SEDAR at www.sedar.com.
"On behalf of the board, I am delighted to welcome Geoffrey, Ken and Stephen to our team. They bring a robust set of knowledge, skills and experience, and they will complement our board as we continue to grow in a dynamic industry," said Greg
Engel, Organigram's Chief Executive Officer. "We would also like to thank Mike Bourque, who did not stand for re-election, for his valuable contributions and service to the board over the past few years."
Following the Meeting, the newly-elected board of directors of the Corporation (the "Board") re-appointed Peter Amirault as Chairman of the Board. The Board also re-constituted its committees as follows:
Audit Committee: Stephen Smith (Chair), Dexter John, Ken Manget, and Derrick West
Governance and Nominating Committee: Geoffrey Machum (Chair), Sherry Porter, and Dexter John
Compensation Committee: Sherry Porter (Chair), Geoffrey Machum, and Ken Manget
Investment Committee: Dexter John (Chair), Ken Manget and Stephen Smith
About Organigram Holdings Inc.
Organigram Holdings Inc. is a NASDAQ Global Select and TSX listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada.
Organigram is focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the Company's global footprint. Organigram has
also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics and Trailblazer. Organigram's facility is located in Moncton, New Brunswick and the Company is regulated by the
Cannabis Act and the Cannabis Regulations (Canada).
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