TORONTO, June 14, 2019 /CNW/ - Roots ("Roots,"
"Roots Canada" or the "Company") (TSX: ROOT), a premium outdoor
lifestyle brand, today announced the results of voting at its
annual general meeting of shareholders held earlier today (the
"Meeting"). Each of the matters voted upon at the Meeting as set
out below is described in greater detail in the Notice of Annual
General Meeting of Shareholders and Management Information Circular
of Roots dated May 7, 2019.
The total number of shares represented by holders by proxy at
the Meeting was 28,554,230, representing approximately 67.80% of
Roots outstanding shares entitled to be voted.
Election of Directors
All of the nominees listed in
the management information circular prepared in connection with the
Meeting were elected as directors by a resolution passed by a
majority of the shareholders present or represented by proxy at the
Meeting, to hold office until the next annual meeting following
their election or until their successors are elected or appointed
without a ballot being conducted. The following represents the
proxies received with regard to such matter:
|
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
|
Mary Ann
Curran
|
28,480,119
|
99.89%
|
31,026
|
0.11%
|
|
Gregory
David
|
28,483,019
|
99.90%
|
28,126
|
0.10%
|
|
James A.
Gabel
|
28,491,679
|
99.93%
|
19,466
|
0.07%
|
|
Dale H. Lastman,
C.M.
|
28,480,259
|
99.89%
|
30,886
|
0.11%
|
|
Richard P.
Mavrinac
|
28,482,519
|
99.90%
|
28,626
|
0.10%
|
|
Joel
Teitelbaum
|
28,478,519
|
99.89%
|
32,626
|
0.11%
|
|
Erol
Uzumeri
|
27,958,610
|
98.06%
|
552,535
|
1.94%
|
|
Eric
Zinterhofer
|
28,482,519
|
99.90%
|
28,626
|
0.10%
|
Appointment of Auditors
KPMG LLP was reappointed as
auditor of Roots and the directors were authorized to fix the
auditor's remuneration by a resolution passed by a majority of the
shareholders present or represented by proxy at the Meeting without
a ballot being conducted. The following represents the proxies
received with regard to such matter:
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
|
28,547,500
|
99.98%
|
6,730
|
0.02%
|
About Roots
Established in 1973, Roots is a premium
outdoor lifestyle brand. We unite the best of cabin and city
through unmistakable style built with uncompromising comfort and
quality. We offer a broad range of products that embody a
comfortable cabin-meets-city style including: women's and men's
apparel, leather goods, footwear, accessories, and kids, toddler
and baby apparel. Starting from a little cabin in Algonquin Park, Canada, Roots has grown to
become a global brand. As of May 4,
2019, we had 114 corporate retail stores in Canada, seven corporate retail stores in
the United States, 115
partner-operated stores in Taiwan,
39 partner-operated stores in China, one partner-operated store in
Hong Kong and a global eCommerce
platform. Roots Corporation is a Canadian corporation doing
business as "Roots" and "Roots Canada".
SOURCE Roots Corporation