CAE announces the final 2020 Annual Meeting Board of Directors election results

Rhea-AI Summary

CAE (NYSE: CAE, TSX: CAE) announced the results from its 2020 Annual Meeting of Shareholders, where all 10 nominated directors were successfully elected. Notable votes included Margaret Billson with 98% approval and Marianne Harrison with an impressive 99.94%. The results indicate strong shareholder support for the board, crucial for CAE's ongoing strategy in high-stakes environments like civil aviation and healthcare. Concurrent filings with securities regulators detail voting matters.

CAE, a technology leader in digital immersion, emphasizes a recurring revenue model, with over 60% of its revenue from repeat customers.

Positive

• Strong shareholder support as all 10 nominees were elected.
• High approval ratings for nominees, indicating investor confidence.

Negative

• None.

MONTREAL, Aug. 13, 2020 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE today announced the final director election results from its 2020 Annual Meeting of Shareholders.

The following 10 nominees were elected as Directors of CAE:

Nominee	Votes for	For (%)	Votes Withheld	Withheld (%)
Margaret S. (Peg) Billson	193,270,597	98.00%	3,952,541	2.00%
Hon. Michael M. Fortier	192,632,806	97.67%	4,590,532	2.33%
Marianne Harrison	197,106,874	99.94%	116,464	0.06%
Alan N. MacGibbon	194,890,859	98.82%	2,332,479	1.18%
Hon. John P. Manley	195,363,780	99.06%	1,859,558	0.94%
François Olivier	195,434,235	99.09%	1,789,103	0.91%
Marc Parent	197,029,121	99.90%	194,217	0.10%
Gen. David G. Perkins, USA (Ret.)	197,107,846	99.94%	115,492	0.06%
Michael E. Roach	195,667,462	99.21%	1,555,876	0.79%
Andrew J. Stevens	195,670,229	99.21%	1,553,109	0.79%

Final results on all matters voted on at the Annual Meeting are filed concurrently with the securities regulators.

About CAE
CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. Testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with approximately 10,000 employees, 160 sites and training locations in over 35 countries. www.cae.com

Follow us on Twitter @CAE_Inc
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LinkedIn: www.linkedin.com/company/cae

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SOURCE CAE INC.

FAQ

What were the final director election results for CAE in 2020?

All 10 nominees were elected with high approval ratings, showcasing strong shareholder support.

What percentage of votes did Margaret Billson receive in the CAE director election?

Margaret Billson received 98% of the votes in the CAE director election.

How does CAE's revenue model work?

Over 60% of CAE's revenue is recurring, highlighting strong customer relationships.

When was the CAE Annual Meeting of Shareholders held?

The CAE Annual Meeting of Shareholders was held on August 13, 2020.