TORONTO, June 19,
2024 /CNW/ - Neo Performance Materials Inc.
("Neo" or the "Company") (TSX: NEO) reports, in
accordance with the policies of the Toronto Stock Exchange, the
results of the matters put before shareholders for consideration
and approving at the Company's annual general and special meeting
of shareholders, as described in the management information
circular dated May 10, 2024 are set
out below. A total of 30.6 million common shares were voted
in person or by proxy, representing 73.5% of the outstanding common
shares.
Shareholders voted as follows:
|
Brief Description of
Matter Voted Upon
|
Outcome of
Vote
|
Common Shares
Voted
|
|
For
|
Withheld
|
|
1.
|
Election of
Directors
In respect of the
election of the following directors of the Company to serve until
next annual meeting of the shareholders of the Company:
|
|
|
|
|
Claire M.C.
Kennedy
|
Elected
|
89.22 %
|
10.78 %
|
|
Eric Noyrez
|
Elected
|
92.77 %
|
7.23 %
|
|
Rahim
Suleman
|
Elected
|
95.27 %
|
4.73 %
|
|
G. Gail
Edwards
|
Elected
|
93.49 %
|
6.51 %
|
|
Edgar Lee
|
Elected
|
88.61 %
|
11.39 %
|
|
Yadin Rozov
|
Elected
|
94.47 %
|
5.53 %
|
|
Hua Du
|
Elected
|
95.07 %
|
4.93 %
|
|
2.
|
Re-Appointment of
Auditors
In respect of the
re-appointment KPMG LLP, Chartered Accountants, as the auditors of
the Company until the close of next annual meeting and
authorizing the directors of the Company to fix their
remuneration
|
Approved
|
98.56 %
|
1.44 %
|
|
3.
|
Approval of
Amendments to the Omnibus Long-Term Incentive Plan
In respect of the
approval, ratification and confirmation of the amendments to the
Omnibus Long-Term Incentive Plan of the Company
|
Approved
|
75.07 %
|
24.93 %
|
Cautionary Statements Regarding
Forward Looking Statements
This news release may contain "forward-looking information"
within the meaning of applicable Canadian securities legislation.
Generally, but not always, forward-looking information and
statements can be
identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes" or the negative connotation
thereof or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved" or the negative
connotation thereof. In making the forward-looking information in
this news release, the Company has applied certain factors and
assumptions that are based on its current beliefs as well as
assumptions made by and information currently available to the
Company. Although the Company considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect, and the forward-looking information in this
release are subject to numerous risks, uncertainties and other
factors that may cause future results to differ materially from
those expressed or implied in such forward-looking information.
Readers are cautioned not to place
undue reliance on forward-looking information. The Company does not
intend, and expressly disclaims any intention or obligation to,
update or revise any forward-looking information whether as a
result of new information, future events or otherwise,
except as required by law.
For more information on Neo, investors should
review Neo's continuous disclosure filings that are available
under Neo's profile at www.sedarplus.ca.
About Neo Performance Materials
Neo manufactures the building blocks of many modern technologies
that enhance efficiency and sustainability. Neo's advanced
industrial materials - magnetic powders and magnets, specialty
chemicals, metals, and alloys
- are critical to the performance of many everyday
products and emerging technologies. Neo's products help
to deliver the technologies of tomorrow to consumers
today. The business of Neo is organized along three segments:
Magnequench, Chemicals & Oxides and Rare Metals. Neo is
headquartered in Toronto, Ontario,
Canada; with corporate offices in Greenwood Village, Colorado, United
States; Singapore; and
Beijing, China. Neo has a global
platform that includes 10 manufacturing facilities
located in China, the United States, Germany,
Canada, Estonia, Thailand and the United
Kingdom, as well as one dedicated research and
development centre in Singapore. For more information, please
visit www.neomaterials.com.
SOURCE Neo Performance Materials, Inc.