Lightspeed Shareholders Approve All Proposals at Annual Meeting

The Montreal-based commerce platform secured strong backing for its seven director nominees, with Dax Dasilva leading the group with 99.79% of the vote. Shareholders also voted to retain PricewaterhouseCoopers LLP as the company’s independent auditors, with 99.54% of ballots cast in favor of the appointment.

While the company’s executive compensation approach received a comfortable 98.16% approval rating, the vote regarding the Amended and Restated Omnibus Incentive Plan proved more contentious. Approximately 29.96% of shareholders opposed the resolution to extend the plan's term to its tenth anniversary and authorize unallocated entitlements, though it ultimately passed with 70.04% support. Detailed voting results are now accessible through regulatory filings on SEDAR+ and EDGAR.