Oculus Inc. held its 2026 Annual Meeting of Stockholders on November 10, 2026, in Vancouver, British Columbia. The meeting was called to address several corporate governance and shareholder proposals. A total of 56,301,165 shares, representing 61.58% of the 91,422,569 issued and outstanding shares entitled to vote, were present in person or by proxy, establishing a quorum.
The six nominees for the board of directors were elected by a significant majority. Anton J. Drescher received 49,588,538 votes (99.05%), Fabrice Helliker received 49,587,998 votes (99.05%), Maurice Loverso received 49,608,548 votes (99.09%), Rowland Perkins received 49,602,652 votes (99.08%), Tom Perovic received 49,982,887 votes (99.84%), and Ron Wages received 49,621,759 votes (99.12%).
Shareholders also ratified the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Additionally, the Omnibus Equity Incentive Compensation Plan was approved for continuation, and executive compensation was approved on a non-binding advisory basis.
A proposal to amend the company’s Articles of Incorporation to authorize a reverse stock split was approved. The split ratio is to be determined between 1-for-2 and 1-for-10, with implementation and timing left to the discretion of the board of directors. Finally, shareholders approved holding executive compensation votes annually.
Immediately following the meeting, the board of directors reappointed Roland Perkins as President and Chief Executive Officer and Anton J. Drescher as Corporate Secretary and Chief Financial Officer.
