Newsroom | Press Release

SANGOMA TECHNOLOGIES ANNOUNCES CHANGE OF SHAREHOLDER MEETING TO VIRTUAL-ONLY FORMAT

Print Friendly and PDF

MARKHAM, ONTARIO – December 1, 2020 – Sangoma Technologies Corporation
(TSXV: STC) (the “Company” or “Sangoma”) announces that the annual and special
meeting (“Meeting”) of the holders of common shares of Sangoma (“Shareholders”),
scheduled for Thursday, December 17, 2020 at 10:30 a.m. (Toronto time), has been
changed from an in-person meeting to a virtual-only meeting to be held electronically at
the same time and on the same date.

We have been actively monitoring developments relating to the novel coronavirus,
COVID-19, and the directives of public health and government authorities for group
gatherings and social distancing. In response to the Province of Ontario’s recent
declaration that the Regional Municipality of York is subject to COVID-19 related
restrictions imposed in those jurisdictions designated as a Red-Control Zone, and in an
effort to support efforts to combat the spread of COVID-19 and to mitigate risks to the
health and safety of our communities, Shareholders, employees and other stakeholders,
we will convene the Meeting in virtual-only format by way of live audio webcast.

Shareholders of record as of November 12, 2020 will be able to attend the Meeting
electronically using a smartphone, tablet or computer but will not be able to attend the
Meeting in person. The form of proxy or voting instruction form previously distributed to
you will not be updated to reflect the change from an in-person meeting to a virtual-only
format and should continue to be used to vote your shares.

 

How to Attend and Vote at the Virtual Meeting

  •  Step 1 – Log in online at https://web.lumiagm.com/264319707. We recommend
    that all Shareholders login one hour in advance of the Meeting and confirm that
    the browser for whichever device they are using is compatible.
  • Step 2 – Follow these instructions:
    • Registered shareholders: Click “Login” and then enter your username
      (control number) and the password “sangoma2020” (case sensitive). Your
      username is the 15 digit control number provided on your form of proxy.
    • Duly appointed proxyholders: Click “Login” and then enter your
      username and the password “sangoma2020” (case sensitive). Proxyholders
      who have been duly appointed and registered online with Computershare
      Investor Services Inc. (“Computershare”) will receive a username by
      email from Computershare after the proxy voting deadline has passed. See
      details below on registering proxyholders online with Computershare.
    • Guests: Click “Guest” and then complete the online form.

Only registered Shareholders and duly appointed proxyholders will be able to vote at the
Meeting and will be able to do so by completing a ballot online during the Meeting,
provided they are connected to the internet and properly follow the instructions contained
on the website.

Beneficial Shareholders that want to vote at the Meeting, or appoint a third party to do so,
must appoint themselves, or the third party, as proxyholder by carefully following the
instructions in the management information circular of Sangoma dated November 12,
2020 (“Circular”) and on their form of proxy or voting instruction form. A copy of the
Circular is on our SEDAR profile at www.sedar.com.

If necessary, beneficial Shareholders should contact their intermediary to request a legal
proxy form or voting instruction form. Beneficial Shareholders are reminded that they
need to allow enough time for their nominee (or their representative) to receive their
voting instructions and then submit them to Computershare. It is strongly suggested that
beneficial Shareholders return their completed voting instruction forms as directed well
in advance of the Meeting. U.S. Shareholders obtaining a valid legal proxy must submit a
copy of their legal proxy to Computershare by email at uslegalproxy@computershare.com.

After submitting their form of proxy or voting instruction form to appoint themselves or a
third party as proxyholder, Shareholders must also complete the additional step of
registering their proxyholder online with Computershare no later than 10:30 a.m. on
December 15, 2020. Shareholders can do so at http://www.computershare.com/Sangoma.
A failure to register with Computershare will result in a proxyholder not receiving
login credentials, which are required to vote at the Meeting.

Beneficial Shareholders who have not duly appointed themselves as proxyholder will be
able to attend the Meeting as guests but will not be able to vote at the Meeting. Guests
will be able to listen to the Meeting but will not be able to vote at the Meeting or ask
questions.

About Sangoma Technologies Corporation

Sangoma Technologies is a trusted leader in delivering Unified Communications and Unified Communications as a Service (UCaaS) solutions for SMBs, Enterprises, OEMs, Carriers and service providers. Sangoma’s globally scalable offerings also include industry leading Voice-Over-IP solutions, which together provide seamless connectivity between traditional infrastructure and new technologies. Sangoma’s products and services are used in leading PBX, IVR, contact center, carrier networks and data-communication applications worldwide. Businesses can achieve enhanced levels of collaboration, productivity and ROI with Sangoma. Sangoma is the primary developer and sponsor of the Asterisk project, the world’s most widely used open source communications software and FreePBX, the world’s most widely used open source PBX software. Everything Connects, Connect with Sangoma!

Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSX VENTURE: STC). Additional information on Sangoma can be found by visiting https://www.sangoma.com.

Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements, including statements regarding the future success of our business, development strategies and future opportunities. Forward-looking statements include, but are not limited to, statements concerning estimates of future revenue, expected expenditures, expected future production and cash flows, and other statements which are not historical facts. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions indicate forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements are based on the opinions and estimates of management on the date that the statements are made and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other events contemplated by the forward-looking statements will not occur or will differ materially from those expected. Although Sangoma believes that the expectations represented by such forward-looking statements are reasonable based on the current business environment, there can be no assurance that such expectations will prove to be correct as these expectations are inherently subject to business, economic and competitive uncertainties and contingencies. Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in the management’s discussion and analysis include, but are not limited to changes in exchange rate between the Canadian Dollar and other currencies, the variability of sales between one reporting period and the next, changes in technology, changes in the business climate in one or more of the countries that Sangoma operates in, changes in the regulatory environment, the rate of adoption of the company’s products in new markets, the decline in the importance of the PSTN and new competitive pressures. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and Sangoma undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by law. Readers are directed to Sangoma’s filings on SEDAR with respect to Management’s Discussion and Analysis of Financial Results for the basis of Sangoma’s reconciliation of EBITDA to net income as calculated under IFRS

###

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sangoma Technologies Corporation

David Moore
Chief Financial Officer
(905) 474-1990 Ext. 4107
dsmoore@sangoma.com
www.sangoma.com

YOU ARE VIEWING THE STAGING SITE. Gary On.
Scroll to Top