Open Text Strengthens Governance with Board Election and Shareholder Engagement

Open Text Strengthens Governance with Successful Board Election Amid Shareholder Engagement

Open Text Corporation, a leader in secure information management and artificial intelligence, recently convenes its annual shareholder meeting virtually on December 9, 2025. During this pivotal event, the company confirms the election of several board nominees, reflecting a robust endorsement from its shareholder base. A substantial 216,406,723 common shares, equating to 85.84% of Open Text’s outstanding shares, are present or represented by proxy. Such participation underscores the commitment of shareholders to engage actively in the governance of the company, a crucial aspect in today's corporate landscape where transparency and accountability are paramount.

Among the elected directors, P. Thomas Jenkins receives 204,795,917 votes, translating to a 96.27% approval rate, while John Hastings achieves an impressive 99.69% approval with 212,086,843 votes. The high levels of support for these board members indicate a strong alignment between the leadership and the interests of shareholders, which is essential for fostering trust and ensuring effective governance. Other nominees, including Goldy Hyder and Kristen Ludgate, also receive notable approval ratings of 98.58% and 99.70%, respectively. This overwhelming endorsement reflects confidence in the board's strategic vision and capabilities, particularly as Open Text continues to navigate the complexities of the digital information management landscape.

However, not all nominees enjoy the same level of approval. Deborah Weinstein, while still confirmed, faces more significant resistance, securing only 93.24% of the votes in her favor. This discrepancy highlights the importance of continuous engagement with shareholders to address concerns and enhance transparency. The detailed voting results, along with other matters discussed during the meeting, will be disclosed in the Voting Results filed on SEDAR+ and Open Text's Form 8-K on EDGAR, providing further insights into shareholder sentiments and governance dynamics.

Open Text reaffirms its position as a global leader in secure information management, emphasizing its commitment to helping organizations effectively secure, govern, and utilize their data. The strong support from shareholders during the recent election illustrates their confidence in the company's leadership and strategic direction. As Open Text progresses in its mission, it continues to engage with stakeholders to reinforce its governance practices and adapt to the evolving needs of the digital landscape.

In addition to governance developments, Open Text remains focused on enhancing its offerings in artificial intelligence and data management solutions. The emphasis on securing and governing data not only positions the company favorably within the industry but also aligns with the growing demand for robust data management solutions in enterprises. Interested parties are encouraged to visit www.opentext.com for more information on the company’s initiatives and innovations.