Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders
27 September 2023 - 7:30AM
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the
Company”), a leading Canadian producer of hot and cold rolled steel
sheet and plate products, announced today the results of voting at
its virtual annual meeting of shareholders held on September 26,
2023 (the “Meeting”).
All of the nominees listed in the management information
circular prepared in connection with the Meeting were elected as
directors of the Company. The Company received proxies and virtual
votes at the Meeting as set out below:
Nominee |
Votes For |
Votes Withheld |
Total Votes |
Mary Anne Bueschkens |
55,557,536 |
1,702,802 |
57,260,338 |
Michael Garcia |
55,925,295 |
1,335,043 |
57,260,338 |
James Gouin |
54,793,765 |
2,466,573 |
57,260,338 |
Andy Harshaw |
55,787,922 |
1,472,416 |
57,260,338 |
Ave G. Lethbridge |
55,849,496 |
1,410,842 |
57,260,338 |
Michael McQuade |
55,930,706 |
1,329,632 |
57,260,338 |
Sanjay Nakra |
55,459,513 |
1,800,825 |
57,260,338 |
Eric S. Rosenfeld |
55,132,099 |
2,128,239 |
57,260,338 |
Gale Rubenstein |
44,233,074 |
13,027,264 |
57,260,338 |
Andrew Schultz |
55,643,836 |
1,616,502 |
57,260,338 |
David D. Sgro |
54,687,005 |
2,573,333 |
57,260,338 |
The Company also reports that the appointment of Deloitte LLP as
the Company’s auditors for the 2023 fiscal year was passed by a
majority of the votes represented at the Meeting.
The Company’s full report of voting results on matters presented
at the Meeting can be found under the Company’s profile on SEDAR+
at www.sedarplus.ca and on the Securities and Exchange Commission’s
EDGAR website at www.sec.gov.
About Algoma Steel Group
Inc.
Based in Sault Ste. Marie, Ontario, Canada,
Algoma is a fully integrated producer of hot and cold rolled steel
products including sheet and plate. Driven by a purpose to build
better lives and a greener future, Algoma is positioned to deliver
responsive, customer-driven product solutions to applications in
the automotive, construction, energy, defense, and manufacturing
sectors. Algoma is a key supplier of steel products to customers in
North America and is the only producer of discrete plate products
in Canada. Its state-of-the-art Direct Strip Production Complex
(“DSPC”) is one of the lowest-cost producers of hot rolled sheet
steel (HRC) in North America.
Algoma is on a transformation journey,
modernizing its plate mill and adopting electric arc technology
that builds on the strong principles of recycling and environmental
stewardship to significantly lower carbon emissions. Today Algoma
is investing in its people and processes, working safely, as a team
to become one of North America's leading producers of green
steel.
As a founding industry in their community,
Algoma is drawing on the best of its rich steelmaking tradition to
deliver greater value, offering North America the comfort of a
secure steel supply and a sustainable future as your partner in
steel.
For more information, please contact:
Michael MoracaTreasurer & Investor
Relations Officer Algoma Steel Group Inc.
Phone: 705.945.3300E-mail: IR@algoma.com
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