Equinox Gold Announces Results From Annual General Meeting

Rhea-AI Summary

Equinox Gold Corp. (TSX: EQX) reported that shareholders approved all agenda items during its annual general meeting held on May 5, 2021. Key outcomes included the election of nine directors, re-appointment of KPMG LLP as the independent auditor, and approval of amendments to the Company's Articles to increase the quorum threshold for meetings. The 'Say on Pay' advisory vote supporting executive compensation received 98.82% approval. A total of 140,100,255 common shares, accounting for 57.74% of issued shares, were represented at the meeting.

Positive

• Approval of all matters voted on, ensuring stable governance.
• Re-appointment of KPMG LLP as independent auditor, reflecting confidence in financial oversight.
• 98.82% approval for executive compensation, indicating strong shareholder support.

Negative

• 21.82% votes against the amendment to increase quorum, suggesting some shareholder dissent.

VANCOUVER, BC, May 5, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce that Equinox Gold shareholders approved all matters voted on at the annual general meeting held earlier today including the election of management's nominees as directors, the appointment of KPMG LLP as the Company's independent auditor, amendments to the Company's Articles, and acceptance of the Company's approach to executive compensation ("Say on Pay"). Each of the matters voted on at the meeting are described in detail in the Company's Management Information Circular dated March 12, 2021, which is available on the Company's website at www.equinoxgold.com. A total of 140,100,255 common shares were represented at the meeting, being 57.74% of the Company's issued and outstanding common shares.

Number of Directors

Resolution	Votes For	Votes Against
Set the number of directors of the Company at nine	122,018,286 (99.82%)	220,486 (0.18%)

Election of Directors

Director Nominee	Votes For	Votes Withheld
Mr. Ross Beaty – Chairman	117,102,894 (95.80%)	5,136,401 (4.20%)
Ms. Maryse Bélanger	118,480,224 (96.92%)	3,759,071 (3.08%)
Mr. Lenard Boggio – Lead Director	114,638,211 (93.78%)	7,601,084 (6.22%)
Mr. Tim Breen	121,731,860 (99.58%)	507,435 (0.42%)
Mr. Gordon Campbell	121,580,640 (99.46%)	658,655 (0.54%)
Gen. Wesley Clark	121,970,790 (99.78%)	268,505 (0.22%)
Dr. Sally Eyre	120,017,121 (98.18%)	2,221,651 (1.82%)
Mr. Marshall Koval	112,276,546 (91.85%)	9,962,226 (8.15%)
Mr. Christian Milau	119,436,635 (97.71%)	2,802,136 (2.29%)

Appointment of Independent Auditor

Resolution	Votes For	Votes Withheld
Re-appointment of KPMG LLP as auditor of the Company for the ensuing year, and authorizing the Board to set the auditor's pay	139,524,075 (99.59%)	576,180 (0.41%)

Amendment of Company Articles

Resolution	Votes For	Votes Against
Amendments to the Company's Articles to increase the threshold for a quorum at shareholder meetings and remove the right for directors to appoint alternates.	95,397,649 (78.04%)	26,675,914 (21.82%)

Say on Pay Advisory Vote

Resolution	Votes For	Votes Against
A non-binding advisory resolution approving the Company's approach to executive compensation	120,794,067 (98.82%)	1,252,476 (1.02%)

 

View original content:http://www.prnewswire.com/news-releases/equinox-gold-announces-results-from-annual-general-meeting-301285096.html

SOURCE Equinox Gold Corp.

FAQ

What were the outcomes of Equinox Gold's annual general meeting on May 5, 2021?

Equinox Gold shareholders approved the election of nine directors, re-appointment of KPMG LLP as auditor, and amendments to the Company’s Articles.

What percentage of shareholders participated in Equinox Gold's annual general meeting?

140,100,255 common shares were represented, which is 57.74% of the total issued and outstanding shares.

How did shareholders vote on executive compensation at Equinox Gold's annual general meeting?

The 'Say on Pay' advisory vote received 98.82% approval from shareholders.

Was there any dissent during the shareholder votes at Equinox Gold's annual general meeting?

Yes, there was a 21.82% vote against the amendment to increase the quorum for meetings.

Who were the directors elected at Equinox Gold's annual general meeting?

All management's nominees for directors were elected during the meeting.