#Canada #OpenText #Waterloo #Corporate Governance #OTEX

OpenText Reports Successful Election of Directors

On December 9, 2025, OpenText Corporation (NASDAQ: OTEX, TSX: OTEX) conducted its annual meeting of shareholders, held virtually, confirming the election results for its board of directors. The meeting saw participation from shareholders representing a remarkable 85.84% of the outstanding common shares, totaling 216,406,723 shares.

During the meeting, shareholders cast their votes for the nominees seeking election as directors of OpenText. A detailed breakdown of the voting results for each nominee was presented, highlighting the strong endorsement received by the candidates.

Election Results Overview

The following individuals were elected as directors, serving until the next annual meeting or until their successors are appointed:

• - P. Thomas Jenkins: Received 204,795,917 votes in favor (96.27%), with 7,944,882 votes against.
• - Randy Fowlie: Garnered 185,939,584 favorable votes (87.40%), facing opposition from 26,801,215 shareholders.
• - David Fraser: Achieved 203,312,138 votes for (95.57%), with 9,428,661 against.
• - John Hastings: Secured a robust approval of 212,086,843 votes for (99.69%), with just 653,959 votes against.
• - Robert Hau: Elected with 211,960,450 votes in favor (99.63%), while 780,350 opposed.
• - Goldy Hyder: Received 209,724,294 votes for (98.58%) and faced 3,016,506 votes against.
• - Kristen Ludgate: Achieved an overwhelming 212,092,835 votes for (99.70%) with minimal opposition.
• - Fletcher Previn: Also saw similar results with 212,097,309 in favor (99.70%), and 643,493 against.
• - Annette Rippert: Gained support of 209,374,004 (98.42%) with 3,366,797 against.
• - George Schindler: Received a strong 212,101,602 votes affirming his position (99.70%) alongside 639,198 against.
• - Margaret Stuart: Achieved 211,751,332 votes in favor (99.53%), facing 989,470 against.
• - Deborah Weinstein: Although receiving significant support with 198,358,316 votes for (93.24%), she faced 14,382,484 votes against.

The results indicate a clear mandate for the elected directors reflecting trust and confidence from the shareholders who participated in the governance of the company.

Future Outlook

In addition to the director elections, the meeting discussed various matters detailed in the Report of Voting Results, set to be filed on SEDAR+ and in Open Text’s Form 8-K on EDGAR shortly after the meeting. This transparency ensures that shareholders remain informed about corporate governance issues.

OpenText, recognized as a global leader in secure information management for AI, leverages its technology to transform data into contextual information, establishing a foundation for intelligent decision-making. The company’s commitment to governance and leadership is reflected in the strong support shown by its shareholders.

As OpenText continues to innovate and enhance its solutions, the elected board members will undoubtedly play a crucial role in steering the company towards achieving its strategic objectives while ensuring accountability and transparency.

For more information on OpenText's shareholder meetings and corporate governance initiatives, please visit OpenText's official website.

Conclusion

The recent elections highlight the engaged leadership at OpenText and the clear direction it aims to pursue moving forward. Stakeholders can look forward to continued growth and innovation driven by a team that is not only well-supported by shareholders but is also equipped to handle the challenges ahead in the information management landscape.