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Canadian Tire Corporation Announces Election of Directors

TORONTO, May 9, 2024 /CNW/ - Canadian Tire Corporation, Limited (the "Company") (TSX: CTC) (TSX: CTC.A) announced that at its Annual Meeting of Shareholders (the "Meeting") held today, the sixteen director nominees set out in the Company's Management Information Circular dated March 7, 2024 were elected as directors of the Company.

On a vote by a show of hands, the following 13 individuals proposed by the Board of Directors as nominees were elected as directors of the Company by the holders of Common Shares. The Company received the following proxy votes in advance of the Meeting from the holders of Common Shares with respect to the election of the 13 director nominees:

Nominee

Votes
For

% of Votes
For

Votes
Withheld

% of Votes Withheld

Eric Anderson

2,533,873

99.96

975

0.04

Martha Billes

2,529,946

99.81

4,902

0.19

Owen Billes

2,533,528

99.95

1,320

0.05

Lyne Castonguay

2,534,384

99.98

464

0.02

Cathryn Cranston

2,533,971

99.97

877

0.03

Steve Frazier

2,533,960

99.96

888

0.04

Greg Hicks

2,533,953

99.96

895

0.04

Sylvain Leroux

2,534,363

99.98

485

0.02

Donald Murray

2,533,853

99.96

995

0.04

J. Michael Owens

2,533,953

99.96

895

0.04

Sue Paish

2,533,630

99.95

1,218

0.05

Christine Rupp

2,533,539

99.95

1,309

0.05

Sowmyanarayan Sampath

2,533,613

99.95

1,235

0.05

On a vote by a show of hands, the following three individuals proposed by the Board of Directors as nominees were elected as directors of the Company by the holders of Class A Non-Voting Shares.  The Company received the following proxy votes in advance of the Meeting from the holders of Class A Non-Voting Shares with respect to the election of the three director nominees:

Nominee

Votes For

% of Votes For

Votes Withheld

% of Votes Withheld

Norman Jaskolka

27,284,521

86.48

4,265,521

13.52

Nadir Patel

30,980,282

98.19

569,760

1.81

Cynthia Trudell

29,928,257

94.86

1,621,785

5.14

Final voting results on all matters voted on at the Meeting will be filed shortly with the Canadian securities regulators.

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ABOUT CANADIAN TIRE CORPORATION   

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) (or "CTC"), is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark's, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands. The Company's close to 1,700 retail and gasoline outlets are supported and strengthened by CTC's Financial Services division and the tens of thousands of people employed across Canada and around the world by CTC and its local dealers, franchisees, and petroleum retailers. In addition, CTC owns and operates Helly Hansen, a leading technical outdoor brand based in Oslo, Norway. For more information, visit Corp.CanadianTire.ca.

FOR MORE INFORMATION 

Media: Stephanie Nadalin, (647) 271-7343, stephanie.nadalin@cantire.com
Investors: Karen Keyes, (647) 518-4461, karen.keyes@cantire.com

 

SOURCE Canadian Tire Corporation, Limited

Cision
Cision

View original content: http://www.newswire.ca/en/releases/archive/May2024/09/c3364.html