Kinross announces Annual Shareholder Meeting voting results

Rhea-AI Summary

On May 12, 2022, Kinross Gold Corporation (KGC) reported the results of its Annual Meeting of Shareholders held on May 11, 2022. All nominees listed in the Management Information Circular were elected as directors with significant support: Ian Atkinson received 97.68% of votes in favor, while Catherine E. McLeod-Seltzer received 88.94%. The appointment of auditors was also approved with 97.10% support. Additionally, the 'Say on Pay' resolution on executive compensation saw 90.61% approval. Detailed voting results have been filed on SEDAR.

Positive

• All nominated directors elected with over 88% approval, indicating strong shareholder confidence.
• Appointment of auditors approved with 97.10% support, reflecting trust in financial oversight.
• 'Say on Pay' resolution received 90.61% approval, suggesting strong backing for executive compensation practices.

Negative

• None.

TORONTO, May 12, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual Meeting of Shareholders on May 11, 2022.

The nominees listed in the Management Information Circular dated March 15, 2022 were elected as directors of Kinross at the meeting (see detailed voting results below).

Board of Directors voting results

Nominee	Votes for	% for	Votes withheld	% withheld
Ian Atkinson	818,552,633	97.68%	19,425,689	2.32%
Kerry D. Dyte	824,194,573	98.36%	13,783,748	1.64%
Glenn A. Ives	828,957,429	98.92%	9,020,893	1.08%
Ave G. Lethbridge	822,031,204	98.10%	15,947,117	1.90%
Elizabeth D. McGregor	828,610,027	98.88%	9,368,295	1.12%
Catherine E. McLeod-Seltzer	745,258,792	88.94%	92,719,530	11.06%
Kelly J. Osborne	823,834,258	98.31%	14,144,063	1.69%
J. Paul Rollinson	829,059,653	98.94%	8,918,668	1.06%
David A. Scott	829,143,995	98.95%	8,834,327	1.05%

Voting results on the other items of business at the Annual Meeting of Shareholders are as follows:

Appointment of auditors

Votes for	% for	Votes withheld	% withheld
898,743,904	97.10%	26,884,653	2.90%

“Say on Pay” resolution on executive compensation

Votes for	% for	Votes against	% withheld
759,370,975	90.61%	78,737,593	9.39%

A report on all matters voted on at the meeting has been filed on SEDAR.

About Kinross Gold Corporation

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, Canada, Russia and Ghana. Our focus on delivering value is based on our core principles of responsible mining, operational excellence, disciplined growth and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Media Contact
Louie Diaz
Vice-President, Corporate Communications
phone: 416-369-6469
louie.diaz@kinross.com

Investor Relations Contact
Chris Lichtenheldt                                 
Vice-President, Investor Relations                
phone: 416-365-2761                        
chris.lichtenheldt@kinross.com

Source: Kinross Gold Corp.

 

FAQ

What were the voting results for the Board of Directors of Kinross Gold Corporation (KGC) at the 2022 Annual Meeting?

All nominees for the Board of Directors were elected with significant support, ranging from 88.94% to 98.94% of votes in favor.

How many votes were cast in favor of the auditors' appointment at Kinross Gold Corporation's Annual Meeting?

The appointment of auditors was approved with 898,743,904 votes in favor, representing 97.10%.

What percentage of Kinross Gold Corporation shareholders approved the executive compensation plan in 2022?

The 'Say on Pay' resolution regarding executive compensation was approved by 90.61% of shareholders.

When was the Kinross Gold Corporation Annual Meeting of Shareholders held in 2022?

The Annual Meeting of Shareholders was held on May 11, 2022.