TORONTO, June 7, 2022
/CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Corporation")
announced today that the nominees listed in the Management
Information Circular dated May 3,
2022 were elected as directors of Aecon, to hold office
until the close of the next Annual Meeting of the Corporation or
until their successors are appointed.
Shareholders also adopted all other resolutions submitted for
their approval, including the advisory vote on the Corporation's
approach to executive compensation, as disclosed in the Management
Information Circular dated May 3,
2022, and the appointment of PricewaterhouseCoopers LLP as
the auditors of the Corporation to hold office until the close of
the next Annual Meeting of the Corporation and that the board of
directors be authorized to fix the auditors' remuneration.
The complete voting results for each item of business are as
follows:
Election of Directors
Name of
Nominee
|
Votes in
Favour
|
% Votes in
Favour
|
Votes
Withheld
|
% Votes
Withheld
|
John M. Beck
|
23,727,619
|
97.21%
|
681,991
|
2.79%
|
John W.
Brace
|
23,638,875
|
96.84%
|
770,735
|
3.16%
|
Anthony P.
Franceschini
|
23,236,167
|
95.19%
|
1,173,443
|
4.81%
|
J.D. Hole
|
23,300,091
|
95.45%
|
1,109,519
|
4.55%
|
Susan Wolburgh
Jenah
|
24,005,726
|
98.35%
|
403,884
|
1.65%
|
Eric
Rosenfeld
|
19,140,004
|
78.41%
|
5,269,606
|
21.59%
|
Jean-Louis
Servranckx
|
23,997,289
|
98.31%
|
412,321
|
1.69%
|
Monica Sloan
|
23,407,278
|
95.89%
|
1,002,332
|
4.11%
|
Deborah S.
Stein
|
23,694,990
|
97.07%
|
714,620
|
2.93%
|
Scott Thon
|
24,292,594
|
99.52%
|
117,016
|
0.48%
|
Appointment and Remuneration of Auditors
Votes in
Favour
|
% Votes in
Favour
|
Votes
Withheld
|
% Votes
Withheld
|
24,302,318
|
99.36%
|
155,879
|
0.64%
|
Corporation's Approach to Executive Compensation
Votes in
Favour
|
% Votes in
Favour
|
Votes
Against
|
% Votes
Against
|
23,343,446
|
95.63%
|
1,066,164
|
4.37%
|
About Aecon
As a Canadian leader in construction and infrastructure
development with global expertise, Aecon Group Inc. (TSX: ARE)
strives to be the number one Canadian infrastructure company and is
proud to be recognized as one of the Best Employers in Canada. Aecon safely, profitably, and
sustainably delivers integrated solutions to private and
public-sector clients through its Construction segment in the
Civil, Urban Transportation, Nuclear, Utility, and Industrial
sectors, and provides project development, financing, investment
and management services through its Concessions segment. Join our
online community on Twitter, LinkedIn, Facebook and Instagram
@AeconGroupInc.
Statement on Forward-Looking Information
The information in this press release includes certain
forward-looking statements. These forward-looking statements are
based on currently available competitive, financial and economic
data and operating plans but are subject to risks and
uncertainties. In addition to events beyond Aecon's control, there
are factors which could cause actual or future results, performance
or achievements to differ materially from those expressed or
inferred herein, as discussed in greater detail in Section 13 –
"Risk Factors" in the Management's Discussion and Analysis filed on
SEDAR (www.sedar.com) on March 1,
2022. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they
are made and Aecon undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
applicable law.
SOURCE Aecon Group Inc.