CN Announces Election of Directors
On April 25, 2023, CN (CNI) held its Annual Meeting of Shareholders, where all 11 director nominees proposed by management were successfully elected. The results indicated overwhelming support, with votes for ranging from 98.40% to 99.89% across nominees. Shauneen Bruder was unanimously re-elected as the board chair. The detailed voting results and biographical information of the directors can be accessed via CN's investor relations webpage. The company confirmed that final voting results on all matters will be submitted to Canadian and U.S. securities regulators. CN emphasizes its role as a leading transportation entity, moving over 300 million tons of goods annually on a vast 18,600-mile rail network.
- All 11 nominees for the board were successfully elected with high support percentages ranging from 98.40% to 99.89%.
- Shauneen Bruder was unanimously re-elected as board chair, indicating strong leadership continuity.
- None.
MONTREAL, April 25, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced that the director nominees listed in the management information circular dated March 7, 2023, were elected as directors of CN. The detailed results of the vote for the election of directors held at CN’s Annual Meeting of Shareholders (“Meeting”) on April 25, 2023 via online webcast are set out below.
Election of Directors
On a vote by ballot, each of the following 11 nominees proposed by management was elected as a director of CN:
| Nominee | Votes For | % For | Votes Against | % Against | ||
| Shauneen Bruder | 507,003,865 | 99.15 | % | 4,332,559 | 0.85 | % |
| Jo-ann dePass Olsovsky | 503,153,373 | 98.40 | % | 8,183,051 | 1.60 | % |
| David Freeman | 510,655,708 | 99.87 | % | 680,766 | 0.13 | % |
| Denise Gray | 508,625,951 | 99.47 | % | 2,710,523 | 0.53 | % |
| Justin M. Howell | 508,424,824 | 99.43 | % | 2,911,650 | 0.57 | % |
| Susan C. Jones | 510,308,305 | 99.80 | % | 1,028,169 | 0.20 | % |
| Robert Knight | 510,158,956 | 99.77 | % | 1,177,518 | 0.23 | % |
| Michel Letellier | 509,646,443 | 99.67 | % | 1,690,031 | 0.33 | % |
| Margaret A. McKenzie | 506,091,465 | 98.97 | % | 5,244,509 | 1.03 | % |
| Al Monaco | 510,368,285 | 99.81 | % | 968,189 | 0.19 | % |
| Tracy Robinson | 510,785,729 | 99.89 | % | 550,745 | 0.11 | % |
Shauneen Bruder was unanimously re-elected by the board of directors as board chair. Ms. Bruder is a Corporate Director and retired Executive Vice-President, Operations at the Royal Bank of Canada.
Biographical information on all directors is available at https://www.cn.ca/en/investors/regulatory-filings/
Final voting results on all matters voted on at the Annual Meeting of Shareholders held on April 25, 2023 will be filed with the Canadian and U.S. securities regulators.
Meeting Questions
Any questions related to the Meeting that were not answered during the Meeting due to time constraints will be posted online and answered at https://www.cn.ca/en/events/2023/04/agm-2023 . The questions and answers will remain available until one week after the Meeting.
About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN’s network connects Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.
| Contacts: | |
| Media | Investment Community |
| Jonathan Abecassis | Stacy Alderson |
| Senior Manager | Interim Assistant Vice-President |
| Media Relations | Investor Relations |
| (438) 455-3692 media@cn.ca | (514) 399-0052 investor.relations@cn.ca |
