Cameco Announces Election of Directors

Rhea-AI Summary

Cameco (NYSE: CCJ) held its annual meeting on May 10, 2022, where shareholders elected nine board members. Among the elected are Leontine Atkins, Ian Bruce, and Tim Gitzel, with voting percentages ranging from 88.57% to 99.07%. The company, a leading provider of uranium fuel, emphasizes its low-cost operations and high-grade reserves to support clean nuclear energy generation for utilities worldwide.

Positive

• Strong shareholder support with voting percentages above 88% for all elected board members.
• Continued strategic direction with a full board to enhance governance.

Negative

• Jim Gowans received the lowest vote percentage at 88.57%, indicating potential shareholder concern.

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 10, 2022.

Shareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne.

Voting Results for Cameco Directors

Nominee	Votes For	% Votes For	Withheld	% Votes Withheld
Leontine Atkins	34,045,964	97.26%	958,868	2.74%
Ian Bruce	33,809,315	96.58%	1,195,517	3.42%
Daniel Camus	32,814,657	93.74%	2,190,175	6.26%
Donald Deranger	33,389,776	95.39%	1,615,056	4.61%
Catherine Gignac	33,758,357	96.44%	1,246,475	3.56%
Tim Gitzel	34,679,038	99.07%	325,794	0.93%
Jim Gowans	31,004,171	88.57%	4,000,661	11.43%
Kathryn Jackson	34,488,853	98.53%	515,979	1.47%
Don Kayne	31,455,465	89.86%	3,549,367	10.14%

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220510006450/en/

Investor inquiries:

Rachelle Girard

306-956-6403

rachelle_girard@cameco.com



Media inquiries:

Jeff Hryhoriw

306-385-5221

jeff_hryhoriw@cameco.com

Source: Cameco

FAQ

What happened at Cameco's annual meeting on May 10, 2022?

Cameco held its annual meeting on May 10, 2022, where shareholders elected nine board members.

Who were the elected board members of Cameco on May 10, 2022?

The elected board members include Leontine Atkins, Ian Bruce, Tim Gitzel, and others.

What percentage of votes did Tim Gitzel receive at Cameco's annual meeting?

Tim Gitzel received 99.07% of the votes in his favor.

Which Cameco board member received the lowest approval rating?

Jim Gowans received the lowest approval rating at 88.57%.

What is Cameco's business focus?

Cameco focuses on providing uranium fuel for clean nuclear energy generation.