WildBrain Shareholders Approve All Matters at Annual Meeting
MWN-AI** Summary
On December 18, 2025, WildBrain Ltd. (TSX: WILD), a prominent player in kids' and family entertainment, announced that its shareholders unanimously approved all resolutions presented at its annual meeting in Toronto. Key among these was the election of all director nominees listed in the Management Information Circular, which was dated November 18, 2025.
Significant changes approved during the meeting included a special resolution to amend the Company’s corporate structure. This amendment involves the elimination of non-voting and Preferred Variable Voting Shares, redesignating existing Common Voting Shares and Variable Voting Shares as simply "Common shares," and updating the associated rights and privileges. Furthermore, the resolution allows for the creation of an unlimited number of Preferred shares, which can be issued in series.
Additionally, shareholders re-appointed PricewaterhouseCoopers LLP as the independent auditor and re-approved the unallocated entitlements under the Company’s Omnibus Equity Incentive Plan.
The director nominees received overwhelming support, reflecting strong confidence from investors. For example, Youssef Ben-Youssef garnered 99.54% of votes for, while Thomas McGrath had 92.28% approval.
Donald Wright, the Chair of the Board, emphasized that the recent closure of WildBrain’s television channels allowed the company to simplify its share structure, removing previous ownership restrictions. He believes that these strategic changes position WildBrain well for future growth and long-term shareholder value.
WildBrain, based in Toronto, is recognized for its extensive portfolio of family entertainment franchises, such as Peanuts and Teletubbies, and boasts a library of around 14,000 half-hours of content. The company's innovative approach and robust licensing arm continue to engage families across the globe.
MWN-AI** Analysis
The recent annual meeting of WildBrain Ltd., where shareholders approved significant governance changes, heralds a potentially transformative phase for the company. Foremost in these changes is the simplification of WildBrain's share structure by eliminating non-voting and preferred shares, transitioning towards a unified voting class. This strategic move aligns with the company's recent operational decisions, including the cessation of television channels, which dismantled former regulatory constraints on ownership, thereby facilitating increased shareholder engagement and influence.
From an investment perspective, this restructuring offers several advantages. By consolidating voting rights, WildBrain is fostering a more aligned shareholder base, which could result in enhanced strategic coherence moving forward. The creation of an unlimited number of preferred shares could provide the company with a new avenue for raising capital, empowering it to pursue growth initiatives and content development more aggressively.
Moreover, the reappointment of PricewaterhouseCoopers LLP as the auditor signals stability and a commitment to maintaining rigorous financial oversight—an important note for current and prospective investors. Given the strong support for the re-elected board members, which saw overwhelmingly affirmative votes, investor confidence in management and governance appears robust. This is particularly crucial as WildBrain looks to leverage its rich portfolio of kids' programming and partnerships to drive performance in a highly competitive sector.
For investors, this could be an opportune moment to reassess WildBrain’s stock. The company’s resilient strategy, combined with its vast content library and extensive global reach through YouTube and other platforms, positions it well to capitalize on emerging trends in streaming and family-oriented content. Analysts may find that WildBrain's enhanced structure could lead to sustained value creation, making it an attractive entity in the media landscape. Prospective buyers should consider entering at this moment when the stock reflects these positive changes in governance and strategic direction.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - WildBrain Ltd. (TSX: WILD) (or the "Company"), a global leader in kids' and family entertainment, reports that all nominees listed in its Management Information Circular ("Circular") dated November 18, 2025, were elected as directors of the Company at its annual and special meeting of shareholders, held today. Shareholders also approved a special resolution approving an amendment to the Company's Articles to, among other things, (i) eliminate the Company's non-voting shares and Preferred Variable Voting Shares, (ii) redesignate the Common Voting Shares and Variable Voting Shares as "Common shares", (iii) amend the rights, privileges and restrictions attached to the "Common shares" and (iv) create an unlimited number of Preferred shares, issuable in series. A copy of the new share terms can be found in Appendix "A" of the Circular available on SEDAR+. In addition, shareholders voted to re-appoint PricewaterhouseCoopers LLP as the independent auditor of the Company and re-approve the unallocated entitlements under the Company's Omnibus Equity Incentive Plan.
The detailed results of the votes received for each director nominee were as follows:
| Directors | % of Votes For | % of Votes Against |
| Youssef Ben-Youssef | 99.54% | 0.46% |
| Erin Elofson | 99.71% | 0.29% |
| Thomas McGrath | 92.28% | 7.72% |
| Rita Middleton | 99.70% | 0.30% |
| Josh Scherba | 99.74% | 0.26% |
| Jonathan Whitcher | 99.50% | 0.50% |
| Donald Wright | 99.67% | 0.33% |
Donald Wright, Chair of the WildBrain Board, said: "The closure of our television channels earlier this year removed ownership restrictions under Canadian broadcast regulation, enabling shareholders to take the important step of simplifying our share structure under a single voting class. With these changes, we believe WildBrain is well positioned to pursue broader strategic options to drive long-term shareholder value."
For more information, please contact:
Investors: Kathleen Persaud - VP Investor Relations, WildBrain
kathleen.persaud@wildbrain.com
+1 212-405-6089
Media: Shaun Smith - Sr. Director, Global Communications & Public Relations, WildBrain
shaun.smith@wildbrain.com
+1 416-977-7230
About WildBrain
At WildBrain we inspire imaginations through the wonder of storytelling. A leader in 360° franchise management—spanning Content Creation, Audience Engagement and Global Licensing—our mission is to cultivate and grow love for our own and partner brands through exceptional entertainment experiences. Home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi, we produce such acclaimed series as The Snoopy Show,?Snoopy in Space,?Camp Snoopy, Teletubbies Let's Go!, Yo Gabba GabbaLand!, Sonic Prime and Strawberry Shortcake: Berry in the Big City. With a library of approximately 14,000 half-hours, our shows reach kids and families everywhere, including on our YouTube network, which has generated more than 1.7 trillion minutes of watch time. Our consumer products licensing arm, WildBrain CPLG, represents our own and partner brands in every major territory worldwide. Headquartered in Toronto, WildBrain trades on the Toronto Stock Exchange (TSX: WILD). Visit us at wildbrain.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278552
FAQ**
How will the changes to Wildbrain Ltd.'s share structure, particularly the elimination of non-voting shares and the redesignation of common shares, impact the trading dynamics of WILD:CC on the Toronto Stock Exchange?
What strategic options does Wildbrain Ltd. foresee as a result of consolidating its share structure into a single voting class, and how might this benefit shareholders of WILD:CC in the long term?
With the recent re-appointment of PricewaterhouseCoopers LLP as Wildbrain Ltd.'s independent auditor, what financial implications could this have for the performance and investor confidence in WILD:CC?
Given Wildbrain Ltd.'s extensive library and successful franchises, how is the company planning to leverage its strengths to drive the growth of WILD:CC in the competitive kids' and family entertainment market?
**MWN-AI FAQ is based on asking OpenAI questions about WildBrain Ltd (Common & Variable Voting) (OTC: WLDBF).
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