TORONTO, July 23,
2024 /CNW/ - Roots ("Roots," "Roots Canada"
or the "Company") (TSX: ROOT), a premium-outdoor lifestyle brand,
today announced the results of voting at its Fiscal 2023 Annual
Meeting of Shareholders held today (the "Meeting"). Each of the
matters voted upon at the Meeting as set out below is described in
greater detail in the Notice of Annual Meeting of Shareholders and
Management Information Circular of Roots dated June 7, 2024.
The total number of shares represented at the Meeting was
32,237,816, representing approximately 80.1% of Roots outstanding
shares entitled to be voted.
Election of Directors
All of the nominees listed in the Management Information
Circular prepared in connection with the Meeting were elected as
directors by a resolution passed by a majority of the shareholders
represented in person or by proxy at the Meeting, to hold office
until the next annual meeting following their election or until
their successors are elected or appointed. The following represents
the votes received with regard to such matter:
|
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Against
|
% Votes
Against
|
|
Phil Bacal
|
32,163,775
|
99.85 %
|
47,200
|
0.15 %
|
|
Mary Ann
Curran
|
32,162,925
|
99.85 %
|
48,050
|
0.15 %
|
|
Gregory
David
|
32,163,575
|
99.85 %
|
47,400
|
0.15 %
|
|
Dale H. Lastman, C.M.,
O. Ont.
|
32,163,775
|
99.85 %
|
47,200
|
0.15 %
|
|
Richard P.
Mavrinac
|
32,163,775
|
99.85 %
|
47,200
|
0.15 %
|
|
Dexter Peart
|
32,163,575
|
99.85 %
|
47,400
|
0.15 %
|
|
Meghan Roach
|
32,162,925
|
99.85 %
|
48,050
|
0.15 %
|
|
Joel
Teitelbaum
|
32,163,575
|
99.85 %
|
47,400
|
0.15 %
|
|
Erol Uzumeri
|
32,125,205
|
99.73 %
|
85,770
|
0.27 %
|
Appointment of Auditors
KPMG LLP was reappointed as auditor of Roots and the directors
were authorized to fix the auditor's remuneration by a resolution
passed by a majority of the shareholders represented in person or
by proxy at the Meeting. The following represents the votes
received with regard to such matter:
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
|
32,215,282
|
99.95 %
|
17,455
|
0.05 %
|
About Roots
Established in 1973, Roots is a global lifestyle brand. Starting
from a small cabin in northern Canada, Roots has become a global brand with
over 100 corporate retail stores in Canada, two stores in the United States, and an eCommerce platform,
roots.com. We have more than 100 partner-operated stores in
Asia, and we also operate a
dedicated Roots-branded storefront on Tmall.com in China. We design, market, and sell a broad
selection of products in different departments, including women's,
men's, children's, and gender-free apparel, leather goods,
footwear, and accessories. Our products are built with
uncompromising comfort, quality, and style that allows you to feel
At Home With NatureTM. We offer products designed to
meet life's everyday adventures and provide you with the
versatility to live your life to the fullest. We also wholesale
through business-to-business channels and license the brand to a
select group of licensees selling products to major retailers.
Roots Corporation is a Canadian corporation doing business as
"Roots" and "Roots Canada".
SOURCE Roots Corporation
