Each of the following eight nominees proposed by management was elected as a director on a vote by show of hands. The proxies received by management with respect to the election of directors were as follows:
Director Percentage of Votes For Percentage of Votes Withheld
Kenneth A. Shields 99.97% 0.03%
David E. Roberts 97.78% 0.22%
George Malpass 99.78% 0.22%
Jim Jia 99.96% 0.04%
Michael Costello 99.78% 0.22%
Pat Bell 99.68% 0.32%
Tom Reed 99.97% 0.03%
James Dai 99.96% 0.04%
In addition, at the Meeting, shareholders approved (i) the appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company’s auditor for the ensuing year and the authorization of the board of directors of the Company to fix the auditor’s remuneration and (ii) the renewal of and amendment to the Shareholder Rights Plan of the Company.
A total of 11,344,860 common shares of the Company were voted at the Meeting, representing 53.66% of the votes attached to all outstanding common shares. A formal report of voting results with respect to all matters voted upon at the Meeting is available on SEDAR at sedar.com.
About Conifex Timber Inc.
Conifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex’s lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, British Columbia.
Conifex Timber Inc.
Chief Financial Officer