Tembec reports that majority of shareholders at Jan. 30 AGM voted to elect all nominees proposed as directors by management
Mathew Kearney
MONTREAL
,
February 3, 2014
(press release)
–
Tembec Inc. (the "Corporation") today announced that all of the nominees proposed as directors in the management information circular dated December 16, 2013 were duly elected as directors of the Corporation by a majority of the votes cast by the shareholders present in person or represented by proxy at its Annual General Meeting of Shareholders (the "Meeting") held on January 30, 2014 in Montreal. The total number of shares voted by shareholders present in person or represented by proxy at the Meeting was 76,084,027, representing 76.08% of the Corporation's outstanding shares. The results of the vote are detailed below.
FOR
WITHHELD
NOMINEES
NUMBER
%
NUMBER
%
Norman M. Betts
72,657,025
99.84
116,087
0.16
James N. Chapman
72,492,384
99.61
280,728
0.39
James V. Continenza
72,477,377
99.59
295,735
0.41
Michel J. Dumas
72,557,060
99.70
216,052
0.30
Jacques Leduc
72,535,344
99.67
237,768
0.33
James M. Lopez
72,624,531
99.80
148,406
0.20
Francis M. Scricco
72,504,875
99.63
268,237
0.37
David J. Steuart
72,533,434
99.67
239,678
0.33
Lorie Waisberg
72,549,069
99.69
224,043
0.31
Tembec is a manufacturer of forest products - lumber, pulp, paper and specialty cellulose - and a global leader in sustainable forest management practices. Principal operations are in Canada and France. Tembec has some 3,500 employees and annual sales of approximately $1.6 billion. Tembec is listed on the TSX (TMB).
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