5N Plus Announces Results of Annual Meeting of Shareholders

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5N Plus Announces Results of Annual Meeting of Shareholders

Canada NewsWire

MONTREAL, May 20, 2020 /CNW Telbec/ - 5N Plus Inc. (TSX: VNP) ("5N Plus or the "Company"), a leading global producer of engineered materials and specialty chemicals, held its Annual General Meeting of Shareholders (the "Meeting") virtually today. Over 62,832,539 shares (76.04% of outstanding common shares) were at the Meeting. As part of the formal proceedings, the Company's shareholders elected the Board of Directors and approved the appointment of PricewaterhouseCoopers LLP as independent auditor of the Company. The complete voting results from the Meeting are presented below.

ELECTION OF DIRECTORS

The Board of Directors fixed at six the number of directors of the Company to be elected at the Meeting. Each of the six nominees listed in the Management Information Circular was elected as a director of 5N Plus. All of the nominee directors were already members of the Board of Directors of the Company with the exception of Mr. Gervais Jacques who was a new nominee. Ms. Jennie S. Hwang and Mr. Donald F. Osborne did not stand for re‐election at the Meeting. We thank Ms. Hwang and Mr. Osborne for their dedication and contribution to the Company throughout the years. Subsequent to the Meeting, the directors re-appointed Mr. Luc Bertrand as Chairman of the Board of Directors of the Company.

Luc Bertrand, Chairman of the Board of 5N Plus, commented: "Gervais Jacques brings new perspective to the Board of 5N Plus. Gervais is greatly respected in the business community and brings decades of leadership experience managing global businesses."

Arjang Roshan, President and Chief Executive Officer of 5N Plus, added "Gervais' broad range of experience in devising and implementing key investments, along with his extensive experience serving industrial customers, will be key assets as we continue to position 5N Plus for the markets of the future."






Nominee

Votes For

% For

Votes Withheld

% Withheld

Luc Bertrand

56,332,475

89.99

6,266,652

10.01

Jean-Marie Bourassa

56,259,687

89.87

6,339,440

10.13

James T. Fahey

56,193,890

89.77

6,405,237

10.23

Gervais Jacques

57,825,127

92.37

4,774,000

07.63

Nathalie Le Prohon

51,648,763

82.51

10,950,364

17.49

Arjang J. (AJ) Roshan

62,031,530

99.09

567,597

00.91

APPOINTMENT OF INDEPENDENT AUDITOR

PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as independent auditor of 5N Plus until the close of the next annual general meeting of Shareholders, and the directors were authorized to fix the remuneration of the auditor.





Votes For

% For

Votes Withheld

% Withheld

61,237,025

97.49

1,576,589

2.51

About 5N Plus Inc.
5N Plus is a leading global producer of engineered materials and specialty chemicals with integrated recycling and refining assets to manage the sustainability of its business model. The Company is headquartered in Montreal, Québec, Canada and operates R&D, manufacturing and commercial centers in several locations in Europe, the Americas and Asia. 5N Plus deploys a range of proprietary and proven technologies to manufacture products which are used as enabling precursors by its customers in a number of advanced electronics, optoelectronics, pharmaceutical, health, renewable energy and industrial applications. Many of the materials produced by 5N Plus are critical for the functionality and performance of the products and systems produced by its customers, many of whom are leaders within their industry.

SOURCE 5N Plus Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2020/20/c2176.html

Copyright CNW Group 2020

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