TORONTO, July 22, 2021 /CNW/ - Roots ("Roots," "Roots
Canada" or the "Company") (TSX: ROOT), a premium-outdoor lifestyle
brand, today announced the results of voting at its Fiscal 2020
Annual 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 Meeting of
Shareholders and Management Information Circular of Roots dated
June 16, 2021.
The total number of shares represented by holders by proxy at
the Meeting was 32,954,257, representing approximately 78.09% 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
|
Phil Bacal
|
32,877,966
|
99.89%
|
35,690
|
0.11%
|
Mary Ann
Curran
|
32,878,566
|
99.89%
|
35,090
|
0.11%
|
Gregory
David
|
32,870,380
|
99.87%
|
43,276
|
0.13%
|
Dale H. Lastman,
C.M., O. Ont.
|
32,869,380
|
99.87%
|
44,276
|
0.13%
|
Richard P.
Mavrinac
|
32,878,566
|
99.89%
|
35,090
|
0.11%
|
Dexter
Peart
|
32,878,666
|
99.89%
|
34,990
|
0.11%
|
Meghan
Roach
|
32,879,566
|
99.90%
|
34,090
|
0.10%
|
Joel
Teitelbaum
|
32,879,566
|
99.90%
|
34,090
|
0.10%
|
Erol
Uzumeri
|
32,869,380
|
99.87%
|
44,276
|
0.13%
|
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
|
32,932,339
|
99.93%
|
21,918
|
0.07%
|
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 designed for life's
everyday adventures, 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. We
operate more than 100 retail stores across North America and ship to more than 60
countries worldwide via roots.com, our eCommerce platform. We also
have more than 100 partner-operated stores and sell our products
through leading third-party retail sites in Asia. Roots Corporation is a Canadian
corporation doing business as "Roots" and "Roots Canada".
SOURCE Roots Corporation