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QUEBEC CITY, Aug. 13, 2021 /PRNewswire/ – EXFO Inc. (“EXFO” or the “Corporation”) (NASDAQ: EXFO) (TSX: EXF), is pleased to announce that, at the special meeting of its shareholders (the “Shareholders”) held today (the “Meeting”), a significant majority of shareholders voted in favour of the special resolution (the “Arrangement Resolution”) approving the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act pursuant to which 11172239 Canada Inc. will acquire all the issued and outstanding subordinate voting shares of EXFO, other than the subordinate voting shares held by Germain Lamonde, G. Lamonde Investissements Inc., 9356-8988 Québec Inc., and Philippe Morin (the “Excluded Shares”) for US $6.25 per subordinate voting share in cash (the “Arrangement”).
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