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EXFO Announces Receipt of Final Court Approval

EXFO Announces Receipt of Final Court Approval

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QUEBEC CITY, Aug. 20, 2021 /PRNewswire/ – EXFO Inc. (“EXFO” or the “Corporation”) (NASDAQ: EXFO) (TSX: EXF) is pleased to announce that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement with 11172239 Canada Inc. (the “Arrangement”). At the special meeting of EXFO’s shareholders held on August 13, 2021, the special resolution approving the arrangement resolution was approved by 99.65% of the votes cast by shareholders, voting together as a single class, as well as 90.95% of the votes cast by holders of subordinate voting shares, excluding votes attached to the subordinate voting shares held, directly or indirectly, by Germain Lamonde and Philippe Morin.

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