WINNIPEG, MB, June 8, 2022
/CNW/ - 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 8, 2022, via live audio webcast
(the "Meeting"). Each of the nominees listed in the
management information circular dated April
13, 2022 was elected as a director of North West at the
Meeting.
A total of 21,997,021 variable voting and common voting shares
representing 45.81% 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 Votes
For
|
Votes
Withheld
|
% of Votes
Withheld
|
|
Brock
Bulbuck
|
21,578,809
|
98.19%
|
398,212
|
1.81%
|
|
Deepak
Chopra
|
21,179,609
|
96.37%
|
797,412
|
3.63%
|
|
Frank
Coleman
|
19,814,216
|
90.16%
|
2,162,805
|
9.84%
|
|
Stewart
Glendinning
|
21,498,425
|
97.82%
|
478,596
|
2.18%
|
|
Annalisa
King
|
21,105,968
|
96.04%
|
871,053
|
3.96%
|
|
Violet
Konkle
|
21,775,904
|
99.08%
|
201,117
|
0.92%
|
|
Steven Kroft
|
21,864,593
|
99.49%
|
112,428
|
0.51%
|
|
Daniel
McConnell
|
21,885,119
|
99.58%
|
91,902
|
0.42%
|
|
Jennefer
Nepinak
|
21,776,663
|
99.09%
|
200,358
|
0.91%
|
|
Victor
Tootoo
|
21,528,531
|
97.96%
|
448,490
|
2.04%
|
In addition, North West reports that:
- an ordinary resolution approving the appointment of
PricewaterhouseCoopers LLP as North West's auditors for the 2022
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 216 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".
SOURCE The North West Company Inc.
