British Columbia Securities Commission
Ontario Securities Commission
Toronto Stock Exchange
May 8, 2015
Dear Sirs / Mesdames:
Re: Norsat International Inc. Report of Voting Results
Pursuant to section 11.3 of National Instrument 51-102, the following matters were put to vote at the annual general meeting of shareholders of Norsat International Inc. (the “Company”) held on May 6, 2015. The report on the voting results is as follows:
1. Election of Directors
A poll was conducted with respect to the election of directors. According to proxies received and the poll conducted, the following individuals were elected as directors of the Company until the next annual general meeting of shareholders with the following results:
| | | | |
| | | % Votes | | % Votes |
| Nominee | Votes For | For | Votes Withheld | Withheld |
| Fabio Doninelli | 2,423,508 | 99.84 | 3,830 | 0.16 |
| Joseph Caprio | 2,418,246 | 99.63 | 9,092 | 0.37 |
| Amiee Chan | 2,424,079 | 99.87 | 3,259 | 0.13 |
| James Topham | 2,420,398 | 99.71 | 6,940 | 0.29 |
| Shannon Susko | 2,420,746 | 99.73 | 6,592 | 0.27 |
3. Appointment of Auditors
A poll was conducted with respect to the appointment of auditors. According to proxies received and the poll conducted, PricewaterhouseCoopers LLP, Chartered Accountants, was appointed auditors of the Company for the ensuing year and the directors are authorized to determine their remuneration with 2,922,546 (99.40%) votes cast in favour and 17,727 (0.60%) votes withheld.
3. Continuation of the Company’s Stock Option Plan
A poll was conducted with respect to the continuation of the Company’s Stock Option Plan dated May 9, 2012 as disclosed in the Company’s information circular. According to the proxies received and the poll conducted, the continuation of the Company’s Stock Option Plan was accepted with 2,386,899 (98.33%) votes cast in favour and 40,439 (1.67%) votes against.
Norsat International Inc.
“Arthur Chin”
Arthur Chin
Chief Financial Officer
