Dorel Industries Inc.: Dorel Industries Announces Results of Annual Meeting

MONTRÉAL, May 28, 2025 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) is pleased to announce that all of the nominees listed in its Management Proxy Circular dated April 15, 2025 were re-elected as directors at the Company's Annual Meeting of Shareholders held today in Montréal.

At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the following individuals were elected as directors of Dorel, with the following results:

Name of Nominee	Votes For	% For	Votes Withheld		% Withheld
Martin Schwartz	49,852,869	85.73	8,297,772		14.27
Jeffrey Schwartz	49,151,316	84.52	8,999,325		15.48
Jeff Segel	49,756,686	85.57	8,393,955		14.43
Maurice Tousson	46,500,967	79.97	11,649,674		20.03
Norman M. Steinberg	46,703,034	80.31	11,447,607		19.69
Brad A. Johnson	47,007,396	80.84	11,143,245		19.16
Sharon Ranson	46,906,353	80.66	11,244,288		19.34

Director biographies are available in the Board of Directors section of Dorel's website at www.dorel.com.

At the meeting, shareholders also reappointed KPMG LLP, Chartered Professional Accountants, as Dorel's auditors.

Profile
Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel's strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile's powerfully branded products include global brands Maxi-Cosi, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother's Choice and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$1.4 billion and employs approximately 3,600 people in facilities located in twenty-two countries worldwide.

CONTACTS:
Dorel Industries Inc.
John Paikopoulos
[phone]

Dorel Industries Inc.
Jeffrey Schwartz
[phone]