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UNITED STATES/
HAMILTON, ON, June 10, 2021
/CNW/ - Stelco Holdings Inc. ("Stelco"
or the "Company"), (TSX: STLC) today
announced the voting results from the election of the Company's
board of directors ("Board") at its annual general and
special meeting ("Meeting") of shareholders
("Shareholders") held today.
The nine (9) candidates nominated for election to the Board, and
listed in the Company's Management Information Circular, dated
May 4, 2021, were elected by a
majority of the votes cast by Shareholders present or represented
by proxy at the Meeting. Each director elected will continue to
hold office until the next annual meeting of Shareholders or until
the director resigns or a successor is elected or appointed. The
voting results are as follows:
|
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
|
Monty Baker
|
70,918,836
|
99.60%
|
284,659
|
0.40%
|
|
Michael Dees
|
64,017,553
|
89.91%
|
7,185,942
|
10.09%
|
|
Alan
Goldberg
|
69,000,074
|
96.91%
|
2,203,421
|
3.09%
|
|
Alan
Kestenbaum
|
68,783,242
|
96.60%
|
2,420,253
|
3.40%
|
|
Jacob Lew
|
68,996,324
|
96.90%
|
2,207,171
|
3.10%
|
|
Michael
Mueller
|
70,173,293
|
99.31%
|
490,202
|
0.69%
|
|
Heather Ross
|
69,296,984
|
97.32%
|
1,906,511
|
2.68%
|
|
Indira
Samarasekera
|
70,889,023
|
99.56%
|
314,472
|
0.44%
|
|
Daryl Wilson
|
71,198,514
|
99.99%
|
4,981
|
0.01%
|
A majority of Shareholders of the Company also voted in favour
of (i) a resolution to re-appoint KPMG LLP as the auditors of the
Company, to hold office until the next annual meeting of
Shareholders; and (ii) a resolution approving and ratifying the
Company's adoption of the advance notice provisions included in the
Amended and Restated By-Law No. 1 relating to advance notice
nominations of directors.
A final report on voting results has been filed with the
Canadian securities regulatory authorities and is available under
the Company's SEDAR profile at www.sedar.com
About Stelco
Stelco is a low cost, integrated and independent steelmaker with
one of the newest and most technologically advanced integrated
steelmaking facilities in North
America. In addition to being North America's only integrated producer of
pig iron, Stelco produces flat-rolled value-added steels, including
premium-quality coated, cold-rolled and hot-rolled steel products.
With first-rate gauge, crown, and shape control, as well as
reliable uniformity of mechanical properties, our steel products
are supplied to customers in the construction, automotive and
energy industries across Canada
and the United States as well as
to a variety of steel service centres, which are regional
distributors of steel products. At Stelco, we understand the
importance of our business reflecting the communities we serve and
are committed to diversity and inclusion as a core part of our
workplace culture, in part, through active participation in the
BlackNorth Initiative.
SOURCE Stelco