The North West Company Inc. Announces Voting Results of its Annual Meeting of Shareholders
10 June 2021 - 7:27AM
The North West Company Inc. (TSX: NWC) (“
North
West”) today announced voting results for the election of
directors at its annual general meeting of shareholders held today,
June 9, 2021, via live audio webcast (the
“
Meeting”). Each of the nominees listed in the
management information circular dated April 7, 2021 was elected as
a director of North West at the Meeting.
A total of 25,860,173 variable voting and common
voting shares representing approximately 53% of all of North West’s
issued and outstanding shares were voted in connection with the
Meeting. Shareholders approved all items of business before the
Meeting, including the election of directors as follows:
Nominee |
Votes For |
% of VotesFor |
Votes Withheld |
% of VotesWithheld |
H. Sanford Riley |
25,440,588 |
98.85% |
297,003 |
1.15% |
Brock Bulbuck |
25,096,677 |
97.51% |
640,914 |
2.49% |
Deepak Chopra |
25,596,230 |
99.45% |
141,361 |
0.55% |
Frank Coleman |
22,391,555 |
87.00% |
3,346,036 |
13.00% |
Stewart Glendinning |
24,005,320 |
93.27% |
1,732,271 |
6.73% |
Edward Kennedy |
25,718,713 |
99.93% |
18,878 |
0.07% |
Annalisa King |
25,684,354 |
99.79% |
53,237 |
0.21% |
Violet Konkle |
25,636,664 |
99.61% |
100,927 |
0.39% |
Jennefer Nepinak |
25,606,422 |
99.49% |
131,169 |
0.51% |
Victor Tootoo |
25,678,812 |
99.77% |
58,779 |
0.23% |
In addition, North West reports that:
- an ordinary resolution approving the appointment of
PricewaterhouseCoopers LLP as North West’s auditors for the 2021
fiscal year was passed by a majority of the votes represented at
the Meeting; and
- an advisory resolution accepting North West’s board’s approach
to executive compensation was passed by a majority of the votes
represented at the Meeting.
Details of the voting results on all matters
considered at the Meeting are available in North West’s report of
voting results, which is available under North West’s profile on
SEDAR at www.sedar.com.
ABOUT THE NORTH WEST COMPANY
INC.
The North West Company Inc., through its
subsidiaries, is a leading retailer of food and everyday products
and services to rural communities and urban neighbourhoods in
Canada, Alaska, the South Pacific and the Caribbean. North West
operates 212 stores under the trading names Northern, NorthMart,
Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay
Food Markets and has annualized sales of approximately CDN$2.0
billion.
The variable voting and common voting
shares of North West trade on the Toronto Stock Exchange under the
symbol “NWC”.
CONTACT
Edward Kennedy, President and Chief Executive
Officer, The North West Company Inc. Phone 204-934-1482; fax
204-934-1317; email ekennedy@northwest.ca
John King, Executive Vice President and Chief
Financial Officer, The North West Company Inc. Phone 204-934-1397;
fax 204-934-1317; email: jking@northwest.ca
Amanda Sutton, Vice President, Legal and Corporate
Secretary, The North West Company Inc. Phone 204-934-1756; fax
204-934-1317; email: asutton@northwest.ca
or visit on-line at www.northwest.ca
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