Cameco Announces Election of Directors

Rhea-AI Summary

Cameco (TSX: CCO; NYSE: CCJ) held its annual meeting on May 6, 2021, where shareholders elected nine board members, including Leontine Atkins, Ian Bruce, and Donald Deranger. The meeting also saw the retirement of Anne McLellan, who served for 15 years. The voting results showcased overwhelming support for the elected members, with percentages of votes for reaching as high as 99.73%. Cameco remains a leading uranium provider, relying on its substantial reserves and cost-efficient operations.

Positive

• Elected board members received high approval ratings, with some nominees achieving over 99% votes for.
• The retirement of a long-serving board member indicates potential for new perspectives and governance.

Negative

• Jim Gowans received only 87.51% of votes, indicating some shareholder dissent.

SASKATOON, Saskatchewan, May 06, 2021 (GLOBE NEWSWIRE) --

Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 6, 2021.

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

The annual meeting also marked the retirement of Anne McLellan from the board after 15 years as a Cameco director.

“Anne will be missed for her wealth of knowledge, work ethic, experience and collegial nature, and particularly for the corporate governance leadership she has brought to our board,” said Ian Bruce, Cameco’s board chair.

Voting Results for Cameco Directors

Nominee	Votes For		% Votes For	Withheld		% Votes Withheld
Leontine Atkins	60,978,552		99.73%	168,044		0.27%
Ian Bruce	60,834,355		99.49%	312,240		0.51%
Daniel Camus	60,688,364		99.25%	458,231		0.75%
Donald Deranger	60,782,682		99.40%	363,913		0.60%
Catherine Gignac	60,890,460		99.58%	256,135		0.42%
Tim Gitzel	60,896,288		99.59%	250,307		0.41%
Jim Gowans	53,510,854		87.51%	7,635,742		12.49%
Kathryn Jackson	60,264,088		98.56%	882,507		1.44%
Don Kayne	55,124,445		90.15%	6,022,151		9.85%

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.

Investor inquiries:
Rachelle Girard
306-956-6403
rachelle_girard@cameco.com

Media inquiries:
Jeff Hryhoriw
306-385-5221
jeff_hryhoriw@cameco.com

 

FAQ

What was the date of Cameco's annual meeting in 2021?

Cameco's annual meeting took place on May 6, 2021.

Who were the new board members elected at Cameco's annual meeting?

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

What percentage of votes did Jim Gowans receive during the election?

Jim Gowans received 87.51% of the votes.

How long did Anne McLellan serve on Cameco's board?

Anne McLellan served on Cameco's board for 15 years.

What is Cameco's main business focus?

Cameco is one of the largest global providers of uranium fuel, essential for carbon-free nuclear power generation.