KP Tissue Inc. Reports on Shareholders’ Voting Results for the Election of Directors
12 June 2024 - 8:56AM
KP Tissue Inc. (“KPT”) (TSX: KPT) held its Annual Meeting of
shareholders today. All candidates proposed as directors were duly
elected to the Board of Directors of KPT by a majority of the votes
cast by shareholders present or represented by proxy at the
Meeting, as follows:
|
For |
Against |
Name |
Number |
% |
Number |
% |
François
Vimard |
2,763,618 |
98.13 |
52,538 |
1.87 |
James
Hardy |
2,766,372 |
98.23 |
49,784 |
1.77 |
Sarah
Kruger |
2,734,438 |
97.10 |
81,718 |
2.90 |
John “Jay”
Wright |
2,759,986 |
98.01 |
56,170 |
2.00 |
Shareholders present or represented by proxy at
the Meeting also approved the appointment of PricewaterhouseCoopers
LLP as auditors of KPT (98.90% of votes in favour).
Shareholders present or represented by proxy at
the Meeting also approved an amendment to the Corporation’s By-Law
No. 3 to reduce the quorum requirement for meetings of
shareholders. (64.82% of votes in favour).
About KP Tissue Inc. (KPT)
KPT was created to acquire, and its business is
limited to holding, a limited equity interest in Kruger Products,
which is accounted for as an investment on the equity basis. KPT
currently holds a 12.8% interest in Kruger Products. For more
information visit www.kptissueinc.com.
About Kruger Products
Kruger Products is Canada's leading manufacturer
of quality tissue products for household, industrial and commercial
use. Kruger Products serves the Canadian consumer market with such
well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties®,
White Swan® and BonterraTM. In the U.S., Kruger Products
manufactures the White Cloud® brand, as well as many private label
products. The Away-FromHome division manufactures and distributes
high-quality, cost-effective product solutions to a wide range of
commercial and public entities. Kruger Products has approximately
2,800 employees and operates ten FSC® COC-certified (FSC® C-104904)
production facilities in North America. For more information visit
www.krugerproducts.ca.
INFORMATION:
Francois ParoyanGeneral Counsel and Corporate
SecretaryKP Tissue Inc.Tel.:
905.812.6936francois.paroyan@krugerproducts.ca
INVESTORS:
Mike BaldesarraDirector of Investor RelationsKP
Tissue Inc. Tel.: 905.812.6962IR@KPTissueinc.com
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