SunOpta Inc. Announces Results of Vote for the Election of Directors

Rhea-AI Summary

SunOpta Inc. (Nasdaq: STKL) announced the election of directors during its annual meeting on May 26, 2022. Key results include Dr. Albert Bolles receiving 69.58% approval, while Joseph Ennen had 97.33%. Other elected directors include Rebecca Fisher, R. Dean Hollis, Katrina Houde, Leslie Starr Keating, Kenneth Kempf, and Mahes Wickramasinghe, all achieving over 95% approval. SunOpta is focused on sustainable, plant-based, and fruit-based food products and operates various brands in retail and foodservice channels.

Positive

• High approval rates for newly elected directors: Ennen (97.33%), Houde (96.60%), and Wickramasinghe (98.70%) indicate strong shareholder support.
• SunOpta continues to strengthen its leadership team with experienced directors.

Negative

• Dr. Albert Bolles received only 69.58% approval, suggesting some shareholder dissent.

MINNEAPOLIS--(BUSINESS WIRE)-- SunOpta Inc. (Nasdaq:STKL) (TSX:SOY), a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, announced today that the individuals listed below were elected as directors of SunOpta Inc. at its annual and special meeting of shareholders held on May 26, 2022 to hold office until the next annual meeting of shareholders or until their successors are appointed. The detailed results of the vote are as follows:

Name of Nominee		Votes in Favor		% in Favor		Votes Withheld		% Withheld
Dr. Albert Bolles		44,979,123		69.58%		19,597,224		30.32%
Joseph Ennen		62,916,769		97.33%		1,238,128		1.92%
Rebecca Fisher		62,722,128		97.03%		1,882,628		2.91%
R. Dean Hollis		61,822,910		95.64%		2,794,968		4.32%
Katrina Houde		62,446,597		96.60%		1,938,639		3.00%
Leslie Starr Keating		62,759,254		97.09%		1,858,832		2.88%
Kenneth Kempf		63,288,192		97.91%		1,330,683		2.06%
Mahes Wickramasinghe		63,804,740		98.70%		350,546		0.54%

About SunOpta Inc.

SunOpta (Nasdaq:STKL) (TSX:SOY) is a U.S.-based, global pioneer fueling the future of sustainable, plant-based and fruit-based food and beverages. Founded nearly 50 years ago, SunOpta manufactures natural, organic and specialty products sold through retail and foodservice channels. SunOpta operates as a manufacturer for leading natural and private label brands, and also proudly produces its own brands, including SOWN, Dream, West Life and Sunrise Growers. For more information, visit www.sunopta.com and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220531005132/en/

Reed Anderson

ICR

646-277-1260

reed.anderson@icrinc.com

Source: SunOpta Inc

FAQ

What was the outcome of the SunOpta Inc. annual meeting on May 26, 2022?

At the annual meeting, several directors were elected, with strong approval ratings for most.

What are the approval percentages for the new directors elected at SunOpta's annual meeting?

Joseph Ennen received 97.33%, Rebecca Fisher 97.03%, and Mahes Wickramasinghe 98.70% among others.

Who was the least approved director elected at SunOpta's meeting?

Dr. Albert Bolles received the lowest approval at 69.58%.

What is the primary focus of SunOpta Inc.?

SunOpta focuses on sustainable, plant-based, and fruit-based food and beverage products.