TORONTO, May 22, 2024
/CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex" or the "Company") is
pleased to announce that, at its Annual Meeting of Shareholders
held today, each of the items of business referred to in its
management information circular dated April
18, 2024 (the "Management Information Circular") was passed
by a vote held by ballot. The voting results for each item of
business are as follows:
Election of Directors:
Each of the nominee directors listed in the Management
Information Circular was elected as a director of the Company.
Cineplex received the following proxies with regard to voting on
the nine directors nominated for election:
Name of
Nominee
|
% Votes
For
|
% Votes
Withheld
|
Jordan Banks
|
85.97 %
|
14.03 %
|
Robert Bruce
|
85.18 %
|
14.82 %
|
Joan Dea
|
85.32 %
|
14.68 %
|
Janice
Fukakusa
|
86.00 %
|
14.00 %
|
Donna Hayes
|
86.13 %
|
13.87 %
|
Ellis Jacob
|
86.14 %
|
13.86 %
|
Sarabjit
Marwah
|
85.44 %
|
14.56 %
|
Nadir
Mohamed
|
85.65 %
|
14.35 %
|
Phyllis
Yaffe
|
86.11 %
|
13.89 %
|
Appointment of Auditors:
The appointment of PricewaterhouseCoopers LLP as auditors of the
Company and the authorization of the directors to fix their
remuneration was approved. Votes were received as follows:
Votes For:
|
|
|
|
|
|
|
|
|
78.44 %
|
Votes
Withheld:
|
|
|
|
|
|
|
|
|
21.56 %
|
Advisory Vote on Say-on-Pay:
The non-binding say-on-pay advisory resolution as set forth in
the Management Information Circular on the Company's approach to
executive compensation was approved. Votes were received as
follows:
Votes For:
|
|
|
|
|
|
|
|
|
84.21 %
|
Votes
Against:
|
|
|
|
|
|
|
|
|
15.79 %
|
About Cineplex:
Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in
the Film Entertainment and Content, Amusement and Leisure, and
Media sectors. Cineplex offers a unique escape from the everyday to
millions of guests through its circuit of over 170 movie
theatres and location-based entertainment venues. In addition
to being Canada's largest and
most innovative film exhibitor, the company operates Canada's favourite destination for 'Eats
& Entertainment' (The Rec Room), complexes specially designed
for teens and families (Playdium), and an entertainment
concept that brings movies, amusement gaming, dining, and
live performances together under one roof (Cineplex Junxion).
It also operates successful businesses in digital commerce
(CineplexStore.com), alternative programming (Cineplex Events),
motion picture distribution (Cineplex Pictures), cinema media
(Cineplex Media) and digital place-based media (Cineplex Digital
Media). Providing even more value for its guests, Cineplex is
a partner in Scene+, Canada's
largest entertainment and lifestyle loyalty
program. Proudly recognized as having one of the country's
Most Admired Corporate Cultures, Cineplex employs over 10,000
people in its offices and venues across Canada. To learn more, visit Cineplex.com.
SOURCE Cineplex