News Releases
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Resolute Stockholders Vote in Favor of Each Proposal at Annual Meeting
MONTRÉAL, June 1, 2016 /CNW Telbec/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today held its annual meeting of stockholders in Baie-Comeau, Quebec. A total of 73,378,836 common shares, or 81.98% of the outstanding shares, were voted at the meeting. Shareholders voted in favor of each proposal, including the re-election of each director nominee, by a substantial majority:
NOMINEES
FOR
AGAINST
ABSTAIN
NON-VOTES
# of shares
%
# of shares
%
# of shares
Michel P. Desbiens
63,968,253
99.26
471,167
0.73
3,852
8,935,564
Jennifer C. Dolan
62,790,604
97.43
1,649,016
2.56
3,652
8,935,564
Richard D. Falconer
63,969,950
99.26
469,282
0.73
4,040
8,935,564
Richard Garneau
63,325,889
98.26
1,112,802
1.73
4,581
8,935,564
Jeffrey A. Hearn
61,876,668
96.01
2,562,066
3.98
4,538
8,935,564
Bradley P. Martin
63,230,933
98.11
1,208,387
1.88
3,952
8,935,564
Alain Rhéaume
63,516,730
98.56
922,491
1.43
4,051
8,935,564
Michael S. Rousseau
62,791,482
97.43
1,647,750
2.56
4,040
8,935,564
David H. Wilkins
62,757,771
97.38
1,681,549
2.61
3,952
8,935,564
The other proposals on which stockholders voted favorably included:
- The ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the 2016 fiscal year.
- An advisory vote to approve compensation of the company's named executive officers, as disclosed in the proxy statement.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, wood products, tissue, newsprint and specialty papers. The company owns or operates over 40 pulp, paper, tissue and wood products facilities in the United States, Canada and South Korea, as well as power generation assets in Canada and the United States. Marketing its products in close to 80 countries, Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit resolutefp.com for more information.
SOURCE Resolute Forest Products Inc.
For further information: Investors, Alain Bourdages, Vice President, Investor Relations, 514 394-2233, ir@resolutefp.com; Media and Others, Seth Kursman, Vice President, Corporate Communications,Sustainability and Government Affairs, 514 394-2398, seth.kursman@resolutefp.com