Franco-Nevada Announces Election of Directors

Rhea-AI Summary

Franco-Nevada Corporation announced the successful election of its board of directors during the 2021 Annual and Special Meeting of Shareholders, held via webcast. The nominees received significant support, with vote percentages ranging from 96.91% to 99.95% for the elected directors. Franco-Nevada, a leading gold-focused royalty and streaming company, leverages its diversified portfolio to optimize cash flow and minimize cost inflation risks. The company continues to pay dividends and expand its asset base, trading under the symbol FNV on both the Toronto and New York stock exchanges.

Positive

• All proposed directors were elected with high vote percentages, indicating strong shareholder support.
• Franco-Nevada is recognized as a leading gold-focused royalty and streaming company.
• The company maintains a diversified and cash-flow producing asset portfolio.

Negative

• None.

TORONTO, May 6, 2021 /PRNewswire/ - Franco-Nevada Corporation announced that the nominees listed in the management proxy circular for the 2021 Annual and Special Meeting of Shareholders were elected as directors of the Corporation.  Detailed results of the vote for the election of directors held at the Annual Meeting yesterday by webcast are set out below.

Nominee	Votes For	% For	Votes Withheld	% Withheld
David Harquail	121,608,912	98.47%	1,893,278	1.53%
Paul Brink	123,128,033	99.70%	374,157	0.30%
Tom Albanese	123,434,285	99.95%	67,905	0.05%
Derek W. Evans	120,329,491	97.43%	3,172,699	2.57%
Dr. Catharine Farrow	122,290,731	99.02%	1,211,459	0.98%
Louis Gignac	119,687,158	96.91%	3,815,032	3.09%
Maureen Jensen	122,278,407	99.01%	1,223,783	0.99%
Jennifer Maki	123,422,003	99.94%	80,187	0.06%
Randall Oliphant	120,337,786	97.44%	3,164,404	2.56%
Elliott Pew	123,423,426	99.94%	78,764	0.06%

Corporate Summary

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation. Franco-Nevada uses its free cash flow to expand its portfolio and pay dividends. It trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco-Nevada is the gold investment that works.

View original content:http://www.prnewswire.com/news-releases/franco-nevada-announces-election-of-directors-301286218.html

SOURCE Franco-Nevada Corporation

FAQ

What was the outcome of Franco-Nevada's 2021 Annual Meeting of Shareholders?

All nominees for the board of directors were elected with significant shareholder support, with votes ranging from 96.91% to 99.95%.

Who were the elected directors of Franco-Nevada Corporation in 2021?

Elected directors include David Harquail, Paul Brink, Tom Albanese, and several others.

What does Franco-Nevada Corporation do?

Franco-Nevada is a gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets.

What is the stock symbol for Franco-Nevada Corporation?

Franco-Nevada trades under the symbol FNV on the Toronto and New York stock exchanges.

How does Franco-Nevada Corporation optimize its business model?

The company utilizes its free cash flow to expand its portfolio while maintaining dividend payments, limiting exposure to cost inflation.