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Open Text Corp (OTEX)
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OpenText Corporation Announces Successful Election of Directors at Annual Meeting

Last updated: December 09, 2025
Taurigo

OpenText Corporation (NASDAQ: OTEX, TSX: OTEX) has confirmed the successful election of its board of directors during its annual meeting of shareholders held virtually today. The voting outcomes reveal strong shareholder confidence in the nominated directors, as evidenced by the high percentage of votes in favor of their election.

1. Strong Shareholder Participation

The annual meeting saw significant participation, with shareholders representing 216,406,723 common shares, which accounts for 85.84% of the outstanding common shares of OpenText. This remarkable turnout highlights the engagement and commitment of the shareholders towards the company's governance.

2. Elected Directors and Voting Results

The following nominees were elected to serve as directors until the next annual meeting or until their successors are appointed. The detailed voting results are as follows:

Nominee Votes For Percentage For Votes Against Percentage Against
P. Thomas Jenkins 204,795,917 96.27% 7,944,882 3.73%
Randy Fowlie 185,939,584 87.40% 26,801,215 12.60%
David Fraser 203,312,138 95.57% 9,428,661 4.43%
John Hastings 212,086,843 99.69% 653,959 0.31%
Robert Hau 211,960,450 99.63% 780,350 0.37%
Goldy Hyder 209,724,294 98.58% 3,016,506 1.42%
Kristen Ludgate 212,092,835 99.70% 647,967 0.30%
Fletcher Previn 212,097,309 99.70% 643,493 0.30%
Annette Rippert 209,374,004 98.42% 3,366,797 1.58%
George Schindler 212,101,602 99.70% 639,198 0.30%
Margaret Stuart 211,751,332 99.53% 989,470 0.47%
Deborah Weinstein 198,358,316 93.24% 14,382,484 6.76%

The results indicate overwhelming support for most of the nominees, particularly John Hastings, Kristen Ludgate, and George Schindler, who achieved nearly unanimous support from shareholders.

3. Other Matters Considered

In addition to the election of directors, other matters were addressed at the meeting. Detailed results for these matters will be available in the Report of Voting Results filed on SEDAR+ and OpenText's Form 8-K filed on EDGAR, both of which will be accessible around December 9, 2025.

4. About OpenText

OpenText remains a leader in secure information management for artificial intelligence. The company's mission is to empower organizations to protect, govern, and activate their data efficiently and confidently. OpenText's innovative technologies transform data into actionable insights, providing a solid knowledge base for AI applications.

For more information about OpenText, visit www.opentext.com.

This annual meeting reflects OpenText's commitment to transparency and shareholder engagement, setting a positive tone for future governance and strategic direction.

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