News Release

June 4, 2018

Neovasc Inc. Reports Results of Annual General and Special Meeting of Shareholders

NASDAQ, TSX: NVCN

VANCOUVER, June 4, 2018 /CNW/ – Neovasc Inc. ("Neovasc" or the "Company") (NASDAQ, TSX: NVCN) is pleased to announce the results of the votes on matters considered at its Annual General and Special Meeting of Shareholders held on June 4, 2018 in Vancouver, B.C. (the "Meeting").

At the Meeting, the shareholders of the Company (the "Shareholders") re-elected board members Alexei Marko, Paul Geyer, Dr. Jane Hsiao, Steven Rubin, Dr. William O’Neill, and Doug Janzen to serve in office until the next annual meeting or until their successors are duly elected or appointed. Detailed results of the voting in respect of the election of directors are as follows:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Alexei Marko

548,672,471

94.47%

32,102,416

5.53%

Paul Geyer

559,499,943

96.34%

21,274,944

3.66%

Dr. Jane Hsiao

561,304,486

96.65%

19,470,400

3.35%

Steven Rubin

560,192,689

96.46%

20,852,197

3.54%

Dr. William O’Neill

562,311,935

96.82%

18,462,951

3.18%

Doug Janzen

560,930,077

96.58%

19,844,809

3.42%

 

At the Meeting, the Shareholders also approved amendments to the Company’s stock option plan and the unallocated options thereunder (91.69% of votes cast in favour), approved the Company’s Common Share Consolidation (83.84% of votes cast in favour) and re-appointed Grant Thornton LLP, Chartered Accountants as auditors of the Company (94.81% of votes cast in favour).

As of May 31, 2018, a total of 1,860,184,719 Common Shares were issued and outstanding.

About Neovasc Inc. 

Neovasc is a specialty medical device company that develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products include the Reducer, for the treatment of refractory angina, which is not currently available in the United States and has been available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is currently under clinical investigation in the United States, Canada and Europe. For more information, visit: www.neovasc.com.  

SOURCE Neovasc Inc.