Hardwoods Distribution of Langley, British Columbia, elects six nominees to board, appoints KPMG as auditors

LANGLEY, British Columbia , May 22, 2014 (press release) – Hardwoods Distribution Inc. (TSX:HWD) today announced the voting results of the company's annual general meeting of shareholders held on May 22, 2014.

Election of Directors

The six nominees of management were elected as directors at the annual general meeting.

The election of directors was conducted by show of hands. In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the votes represented by proxy that would have been withheld from each director nominee had a ballot been called, as a percentage of votes represented at the meeting:



Nominee
Votes Represented
at the Meeting

Votes Withheld
by Proxy

% Withheld
by Proxy
Lance Blanco 8,704,459 289 0.00%
Peter Bull 8,704,459 49,489 0.57%
Terry Holland 8,704,459 49,489 0.57%
Lawrence Sauder 8,704,459 63,289 0.73%
William Sauder 8,704,459 63,289 0.73%
Graham Wilson 8,704,459 49,489 0.57%

Appointment of Auditors

At the annual general meeting, KPMG LLP was appointed as auditors of the Company for the ensuing year and the directors were authorized to fix the remuneration to be paid to the auditors.

About Hardwoods Distribution Inc.

Hardwoods (TSX:HWD) is one of North America's largest wholesale distributors of hardwood lumber and related sheet good products, operating a network of 33 distribution centers in the U.S. and Canada.



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