Waste Connections Announces Results From Shareholders Meeting

Rhea-AI Summary

On May 14, 2021, Waste Connections announced that all nominees for director positions were successfully elected during the annual shareholders meeting. Each director will serve until the next meeting or until their successor is appointed. The voting results indicate significant support for the nominees, with percentages of votes for each ranging from 85.73% to 99.94%. Also approved was the non-binding advisory compensation for named executives and the appointment of Grant Thornton LLP as the independent public accounting firm until the 2022 annual meeting.

Positive

• All nominees for director were elected with strong majority support.
• Approval of management compensation demonstrates shareholder confidence.
• Appointment of Grant Thornton LLP reflects trust in independent auditing.

Negative

• None.

TORONTO, May 14, 2021 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that all of the nominees listed in the Company's 2021 management information circular and proxy statement (the "proxy statement") for the annual meeting of shareholders held on May 14, 2021 (the "Meeting") were elected as directors of the Company.  Each director will serve until the next annual meeting of shareholders or until his or her successor is duly elected or appointed.

Detailed results of the vote for the election of directors held at the Meeting are set out below.

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Ronald J. Mittelstaedt	202,429,457	93.83	13,307,414	6.17
Edward E. "Ned" Guillet	195,614,862	90.67	20,122,009	9.33
Michael W. Harlan	184,952,818	85.73	30,784,053	14.27
Larry S. Hughes	215,610,054	99.94	126,817	0.06
Worthing F. Jackman	214,007,821	99.19	1,729,050	0.81
Elise L. Jordan	208,154,010	96.48	7,582,861	3.52
Susan "Sue" Lee	208,150,204	96.48	7,586,667	3.52
William J. Razzouk	193,815,548	89.83	21,921,323	10.17

As each director received at least a majority of the total number of votes cast in respect of his or her election, all directors have been elected in accordance with the majority voting policy included in the Company's Corporate Governance Guidelines and Board Charter.

The shareholders approved on a non-binding, advisory basis the compensation of the Company's named executive officers as disclosed in the proxy statement in respect of the Meeting.

The shareholders approved the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm until the close of the Company's 2022 annual meeting of shareholders and authorized the Company's Board of Directors to fix the auditor's remuneration.

Final voting results on all matters considered at the Meeting will be filed with U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada.

About Waste Connections

Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with resource recovery primarily through recycling and renewable fuels generation.  The Company serves more than seven million residential, commercial and industrial customers in mostly exclusive and secondary markets across 43 states in the U.S. and six provinces in Canada.  Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.  For more information, visit Waste Connections at www.wasteconnections.com.

CONTACT:
Mary Anne Whitney / (832) 442-2253	Joe Box / (832) 442-2213
maryannew@wasteconnections.com	joe.box@wasteconnections.com

 

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SOURCE Waste Connections, Inc.

FAQ

What were the results of Waste Connections' annual shareholders meeting on May 14, 2021?

All nominees for director were elected with significant majority support.

Who was elected as directors during Waste Connections' meeting?

Directors elected include Ronald J. Mittelstaedt, Edward E. Guillet, and others.

What percentage of votes did directors receive at Waste Connections' meeting?

Votes for directors ranged from 85.73% to 99.94%.

What accounting firm was appointed by Waste Connections at the shareholders meeting?

Grant Thornton LLP was appointed as the independent public accounting firm.

Was the management compensation approved at Waste Connections' shareholders meeting?

Yes, the compensation was approved on a non-binding advisory basis.