May 14, 2020   SOURCE: BusinessWire

Superior Plus Reports Voting Results of Annual General Meeting of Shareholders

Superior Plus Corp. (“Superior” or the “Corporation”) (TSX:SPB) held its annual general meeting of shareholders on May 13, 2020 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 90,403,993 common shares ("Common Shares") of the Corporation, representing approximately 51.59% of Common Shares, were represented in person or by proxy at the Meeting. Shareholders also approved a non-binding advisory vote regarding the Corporation's approach to executive compensation by a margin of 98.42% of the Common Shares, voted in person or by proxy at the Meeting. In addition, Shareholders approved a resolution appointing Ernst & Young LLP as the Corporation's auditors by a margin of 99.77% of the Common Shares, voted in person or by proxy at the Meeting.

The nine director nominees proposed by management were elected by ballot at the Meeting. Proxies and in person votes were received as follows:

Nominee

Votes For

 

Votes Withheld

 

Number

Percentage

 

Number

Percentage

Catherine M. Best

83,928,103

93.77

 

5,574,097

6.23

Eugene V.N. Bissell

89,069,890

99.52

 

432,310

0.48

Richard C. Bradeen

89,121,968

99.58

 

380,232

0.42

Luc Desjardins

86,984,027

97.19

 

2,518,173

2.81

Randall J. Findlay

83,348,826

93.12

 

6,153,374

6.88

Patrick E. Gottschalk

89,142,641

99.60

 

359,559

0.40

Douglas J. Harrison

89,143,842

99.60

 

358,358

0.40

Mary B. Jordan

88,856,424

99.28

 

645,776

0.72

David P. Smith

83,009,009

92.75

 

6,493,191

7.25

About the Corporation

Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; and Specialty Chemicals includes the production and sale of specialty chemicals.

For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: investor-relations@superiorplus.com, Toll Free: 1-866-490-PLUS (7587).