BRAMPTON, ON, May 5, 2022
/CNW/ - (TSX: L) - Loblaw Companies Limited (Loblaw) today
announced that all of the nominee directors listed in the
management proxy circular dated March 25,
2022, were elected as directors of Loblaw. The vote was
conducted at the Company's Annual Meeting of Shareholders, held in
a virtual meeting format, on May 5,
2022. The results of the vote are set out below:
|
Name of Nominee
|
Votes For
|
Votes Withheld
|
|
Scott B.
Bonham
|
285,247,093
|
99.83%
|
490,699
|
0.17%
|
|
Christie J.B.
Clark
|
280,224,230
|
98.07%
|
5,513,233
|
1.93%
|
|
Daniel Debow
|
285,304,181
|
99.85%
|
433,611
|
0.15%
|
|
William A.
Downe
|
283,252,971
|
99.13%
|
2,484,821
|
0.87%
|
|
Janice
Fukakusa
|
284,269,174
|
99.49%
|
1,468,618
|
0.51%
|
|
M. Marianne
Harris
|
285,381,944
|
99.88%
|
355,848
|
0.12%
|
|
Claudia
Kotchka
|
284,729,159
|
99.65%
|
1,008,633
|
0.35%
|
|
Sarah Raiss
|
284,743,481
|
99.65%
|
994,311
|
0.35%
|
|
Galen G.
Weston
|
279,503,955
|
97.82%
|
6,233,837
|
2.18%
|
|
Cornell
Wright
|
284,257,789
|
99.48%
|
1,480,003
|
0.52%
|
About Loblaw Companies
Limited
Loblaw is Canada's food and
pharmacy leader, and the nation's largest retailer. Loblaw provides
Canadians with grocery, pharmacy, health and beauty, apparel,
general merchandise, financial services and wireless mobile
products and services. With more than 2,400 corporate, franchised
and Associate-owned locations, Loblaw, its franchisees and
Associate-owners employ more than 190,000 full- and part-time
employees, making it one of Canada's largest private sector employers.
Normal Course Issuer Bid
Loblaw wishes to make a correction to the press release
announcing its normal course issuer bid (NCIB) of May 3, 2022. Based on the average daily trading
volume of 502,167 during the last six months, daily purchases under
the NCIB will be limited to 125,541 of Loblaw's common shares,
other than block purchase exceptions and purchases from George
Weston Limited, Loblaw's majority shareholder.
For more information, visit Loblaw's website at
www.loblaw.ca and Loblaw's issuer profile at
www.sedar.com.
SOURCE Loblaw Companies Limited