Lightspeed Commerce Reports Positive Voting Outcomes from Shareholders' Meeting
Lightspeed Commerce Inc., a prominent omnichannel platform that supports retail, golf, and hospitality sectors across more than 100 countries, made a significant announcement following its annual shareholders' meeting on July 31, 2025. The company confirmed that all proposed items of business were approved by the shareholders, indicating strong support for the management's strategies and operational directives.
One of the key agenda items was the election of directors. Out of the seven candidates nominated, all were successfully elected with overwhelming majority votes. The election results were notable, illustrating the shareholders' confidence in the leadership team: 92,564,688 votes were cast in favor of Manon Brouillette, representing 98.33%. Similarly, Dale Murray received high approval with 93,640,078 votes, corresponding to an impressive 99.47%, further reflecting the shareholders' trust in existing leadership. Other nominees included Patrick Pichette, Dax Dasilva, Nathalie Gaveau, Rob Williams, and Glen LeBlanc, all of whom garnered substantial support, with voting percentages ranging from 99.41% to 99.89%.
Lightspeed also sought approval for the appointment of PricewaterhouseCoopers LLP (PwC) as its auditors. This motion received a strong endorsement, securing 96,628,213 votes in favor—an impressive 99.80%. Only a minor portion, represented by 196,354 votes, was withheld, suggesting a clear consensus on the choice of auditors.
Additionally, the company presented an advisory vote concerning its approach to executive compensation. The shareholders expressed solid support for this non-binding resolution, with 92,816,197 votes (which translates to 98.60%) in favor of the current compensation strategy. Only 1,318,801 votes were cast against, demonstrating a strong alignment between shareholder expectations and company policies.
The comprehensive voting results from all agenda items are detailed on Lightspeed's official website and are accessible on SEDAR+ and EDGAR.
Founded in 2005 in Montréal, Canada, Lightspeed has made a significant mark as a POS and payments platform integral to businesses in communities around the globe. By offering comprehensive solutions, Lightspeed empowers entrepreneurs in retail, golf, and hospitality sectors to accelerate growth and enhance customer experiences across various channels and locations. The platform combines all necessary functionalities, including point-of-sale, e-commerce, and financial services, thereby supporting business efficiency and allowing entrepreneurs to focus on their core missions.
As a dual-listed entity on the New York Stock Exchange and Toronto Stock Exchange as LSPD, the company has established a widespread presence with teams operating in North America, Europe, and Asia Pacific. For more extensive information about Lightspeed, its offerings, and latest updates, visit www.lightspeedhq.com. Engage with Lightspeed through its social media platforms, including LinkedIn, Facebook, Instagram, YouTube, and X (formerly Twitter).
These favorable voting results reflect the confidence that Lightspeed's shareholders place in the company's vision and leadership. With continuous growth and innovation, Lightspeed is well-positioned to meet the evolving needs of its diverse clientele across the globe. As the market landscape changes, the company's commitment to enhancing business operations remains steadfast, ensuring success in the competitive retail and hospitality sectors.
Election of Directors
One of the key agenda items was the election of directors. Out of the seven candidates nominated, all were successfully elected with overwhelming majority votes. The election results were notable, illustrating the shareholders' confidence in the leadership team: 92,564,688 votes were cast in favor of Manon Brouillette, representing 98.33%. Similarly, Dale Murray received high approval with 93,640,078 votes, corresponding to an impressive 99.47%, further reflecting the shareholders' trust in existing leadership. Other nominees included Patrick Pichette, Dax Dasilva, Nathalie Gaveau, Rob Williams, and Glen LeBlanc, all of whom garnered substantial support, with voting percentages ranging from 99.41% to 99.89%.
Appointment of Auditors
Lightspeed also sought approval for the appointment of PricewaterhouseCoopers LLP (PwC) as its auditors. This motion received a strong endorsement, securing 96,628,213 votes in favor—an impressive 99.80%. Only a minor portion, represented by 196,354 votes, was withheld, suggesting a clear consensus on the choice of auditors.
Advisory Vote on Executive Compensation
Additionally, the company presented an advisory vote concerning its approach to executive compensation. The shareholders expressed solid support for this non-binding resolution, with 92,816,197 votes (which translates to 98.60%) in favor of the current compensation strategy. Only 1,318,801 votes were cast against, demonstrating a strong alignment between shareholder expectations and company policies.
The comprehensive voting results from all agenda items are detailed on Lightspeed's official website and are accessible on SEDAR+ and EDGAR.
About Lightspeed
Founded in 2005 in Montréal, Canada, Lightspeed has made a significant mark as a POS and payments platform integral to businesses in communities around the globe. By offering comprehensive solutions, Lightspeed empowers entrepreneurs in retail, golf, and hospitality sectors to accelerate growth and enhance customer experiences across various channels and locations. The platform combines all necessary functionalities, including point-of-sale, e-commerce, and financial services, thereby supporting business efficiency and allowing entrepreneurs to focus on their core missions.
As a dual-listed entity on the New York Stock Exchange and Toronto Stock Exchange as LSPD, the company has established a widespread presence with teams operating in North America, Europe, and Asia Pacific. For more extensive information about Lightspeed, its offerings, and latest updates, visit www.lightspeedhq.com. Engage with Lightspeed through its social media platforms, including LinkedIn, Facebook, Instagram, YouTube, and X (formerly Twitter).
Conclusion
These favorable voting results reflect the confidence that Lightspeed's shareholders place in the company's vision and leadership. With continuous growth and innovation, Lightspeed is well-positioned to meet the evolving needs of its diverse clientele across the globe. As the market landscape changes, the company's commitment to enhancing business operations remains steadfast, ensuring success in the competitive retail and hospitality sectors.
Topics Financial Services & Investing）
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