Restaurant Brands International Inc. Announces Election of Directors

Rhea-AI Summary

On June 15, 2022, Restaurant Brands International (QSR) held its Annual Meeting of Shareholders, achieving a voter turnout of 86.27% with 390,350,362 eligible votes. All twelve nominees for the Board of Directors were elected, each being an incumbent. Notably, João M. Castro-Neves received 99.83% approval, while Alexandre Behring garnered 92.81%. The results will be filed with Canadian and U.S. securities regulators. RBI operates over 29,000 restaurants worldwide, generating approximately $35 billion in annual sales.

Positive

• All twelve nominated directors were elected with high approval rates, indicating strong shareholder confidence.
• RBI operates over 29,000 restaurants globally, bolstering its market position.

Negative

• Alexandre Behring received only 92.81% of votes, suggesting some shareholder discontent.

TORONTO, June 16, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) ("RBI") today announced the results of the vote on the election of directors at its Annual Meeting of Shareholders held on June 15, 2022.

The total number of eligible votes represented in person or by proxy at the meeting was 390,350,362 representing 86.27% of all eligible votes.

RBI's proxy circular provided for twelve nominees to the Board of Directors. The twelve individuals nominated by the Board of Directors for election as directors of RBI were elected, each to hold office until the next annual meeting of shareholders or until their respective successors are elected or appointed. Each nominee was an incumbent director.

The votes cast with respect to each nominee were as follows:

Director Nominee	Votes For	%	Votes Withheld	%
Alexandre Behring	356,561,313	92.81 %	27,616,114	7.19 %
João M. Castro-Neves	383,507,208	99.83 %	670,219	0.17 %
Maximilien de Limburg Stirum	382,746,014	99.63 %	1,431,372	0.37 %
Paul J. Fribourg	363,585,995	94.64 %	20,591,294	5.36 %
Neil Golden	383,537,695	99.83 %	639,732	0.17 %
Ali Hedayat	368,216,534	95.85 %	15,960,852	4.15 %
Golnar Khosrowshahi	374,822,149	97.56 %	9,355,278	2.44 %
Marc Lemann	383,030,420	99.70 %	1,146,983	0.30 %
Jason Melbourne	383,252,621	99.76 %	924,765	0.24 %
Giovanni (John) Prato	383,518,055	99.83 %	659,372	0.17 %
Daniel S. Schwartz	381,072,245	99.19 %	3,105,182	0.81 %
Thecla Sweeney	383,625,161	99.86 %	552,225	0.14 %

Final voting results on all matters at the Annual Meeting of Shareholders will be filed with Canadian and U.S. securities regulators.

About Restaurant Brands International

Restaurant Brands International Inc. ("RBI") is one of the world's largest quick service restaurant companies with approximately $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/restaurant-brands-international-inc-announces-election-of-directors-301569543.html

SOURCE Restaurant Brands International Inc.

FAQ

What was the voter turnout at the RBI Annual Meeting on June 15, 2022?

The voter turnout was 86.27%, with 390,350,362 eligible votes represented.

Who were the nominees elected to the Board of Directors of RBI?

All twelve incumbents nominated were elected as directors.

What percentage of votes did João M. Castro-Neves receive?

João M. Castro-Neves received 99.83% of the votes in favor.

How much annual system-wide sales does RBI generate?

RBI generates approximately $35 billion in annual system-wide sales.

How many restaurants does RBI operate globally?

RBI operates over 29,000 restaurants in more than 100 countries.