Exhibit 99.1
DRAGONWAVE INC.
ANNUAL GENERAL MEETING OF SHAREHOLDERS
OTTAWA, ONTARIO, CANADA
TUESDAY, JUNE 12, 2012
REPORT OF VOTING RESULTS
In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the matters voted on at the annual general meeting of shareholders (the “Meeting”) of DragonWave Inc. (the “Corporation”) held on Tuesday, June 12, 2012. Each of the matters set out below are described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular of the Corporation dated May 11, 2012. According to the scrutineer’s report, shareholders were present at the Meeting, in person or by proxy, representing 25,158,882 common shares or 69.89% of the 35,997,009 shares outstanding on the May 11, 2012 record date for the Meeting.
1. Election of Directors
At the Meeting, management of the Corporation presented to the shareholders its nominees for directors. According to the proxies received and vote by show of hands, all of management’s nominees were elected as directors of the Corporation to hold office until the next annual meeting of shareholders of the Corporation or until their successors are elected or appointed.
The proxies submitted for the Meeting on this matter were as follows:
|
| Votes For |
| Votes Withheld |
| ||||
Name of Nominee |
| Number of Votes |
| Percentage of |
| Number of Votes |
| Percentage of |
|
Gerry Spencer |
| 5,700,791 |
| 81.24 | % | 1,316,693 |
| 18.76 | % |
Peter Allen |
| 6,877,027 |
| 98.00 | % | 140,457 |
| 2.00 | % |
Cesar Cesaratto |
| 6,851,942 |
| 97.64 | % | 165,542 |
| 2.36 | % |
Jean-Paul Cossart |
| 6,880,337 |
| 98.05 | % | 137,147 |
| 1.95 | % |
Russell Frederick |
| 6,839,790 |
| 97.47 | % | 177,694 |
| 2.53 | % |
Claude Haw |
| 5,698,556 |
| 81.21 | % | 1,318,928 |
| 18.79 | % |
Thomas Manley |
| 5,702,496 |
| 81.26 | % | 1,314,988 |
| 18.74 | % |
2. Appointment of Auditors
At the Meeting, shareholders were asked to approve the appointment of Ernst & Young LLP, as auditors of the Corporation until the close of the next annual meeting of shareholders or until a successor is appointed, at remuneration to be fixed by the board of directors. According to the proxies received and vote by show of hands, the resolution was approved.
The proxies submitted for the Meeting on this matter were as follows:
Votes For |
| Votes Withheld |
| ||||
Number of Votes |
| Percentage of Votes |
| Number of Votes |
| Percentage of Votes |
|
24,318,747 |
| 99.18 | % | 200,098 |
| 0.82 | % |