Superior Plus Reports Voting Results of Annual and Special Meeting of Shareholders

Business Wire

14 May 2024 at 6:48 pm·3-min read

TORONTO, May 14, 2024--(BUSINESS WIRE)--Superior Plus Corp. ("Superior" or the "Corporation") (TSX:SPB) held its annual and special meeting of shareholders on May 14, 2024 virtually (the "Meeting"). Pursuant to the requirements of the Toronto Stock Exchange, Superior is issuing this news release to summarize the voting results in respect of the Meeting.

A total of 137,251,278 Shares of the Corporation comprised of 107,248,441 Common Shares and 30,002,837 Series 1 Special Voting Preferred Shares representing approximately 49.27% of the votes attached to all outstanding shares, were represented in person and by proxy at the Meeting.

The nine director nominees proposed by management were elected by ballot at the Meeting. Proxy votes were received from holders of Common Shares and Series 1 Special Voting Preferred Shares (collectively, "Securityholders") as follows:

Nominee	Votes For		Votes Against
	Number	Percentage	Number	Percentage
Catherine M. Best	130,467,036	95.35%	6,365,795	4.65%
Patrick E. Gottschalk	133,358,695	97.46%	3,474,136	2.54%
Jennifer M. Grigsby	136,166,975	99.51%	665,856	0.49%
Douglas J. Harrison	131,249,287	95.92%	5,583,544	4.08%
Michael J. Horowitz	135,006,782	98.67%	1,826,049	1.33%
Calvin B. Jacober	132,325,211	96.71%	4,507,620	3.29%
Mary B. Jordan	96,035,827	70.18%	40,797,003	29.82%
Allan A. MacDonald	133,571,791	97.62%	3,261,040	2.38%
David P. Smith	127,812,085	93.41%	9,020,746	6.59%

Securityholders also approved a resolution appointing Ernst & Young LLP as the Corporation’s auditors (99.62%), approved a non-binding advisory vote regarding the Corporation's approach to executive compensation (85.55%), and approved a resolution with respect to the continued existence of the shareholder rights plan (95.24%).

About the Corporation

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.

For further information about Superior, please visit our website at: www.superiorplus.com or contact: Grier Colter, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Adam Kurnik, Director, Corporate Finance and Investor Relations, Tel: (416) 340-6006, E-mail: investor-relations@superiorplus.com, Toll Free: 1-866-490-PLUS (7587).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514865740/en/

Contacts

Grier Colter
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015

Adam Kurnik
Director, Corporate Finance and Investor Relations
Tel: (416) 340-6006
E-mail: investor-relations@superiorplus.com
Toll Free: 1-866-490-PLUS (7587).

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Superior Plus Reports Voting Results of Annual and Special Meeting of Shareholders

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