Mr. Rob Wildeboer reports
MARTINREA INTERNATIONAL INC. HOLDS ANNUAL GENERAL MEETING
Martinrea International Inc. has released the results of the election of directors at its annual general meeting.
Rob Wildeboer, the company's executive chairman, stated: "We would like to thank our shareholders for their overwhelming show of support. The voting results were very positive. As a board, we will continue to do our best for the company and our shareholders."
Mr. Wildeboer added: "At the meeting, we presented an operational, financial and strategic overview of the company and its opportunities. The company is performing well in multiple ways, our culture is a sustainable competitive advantage and we expect to continue to deliver positive results for our stakeholders. Our outlook remains positive."
Martinrea held an annual general meeting on June 12, 2024. A total of 52,104,919 common shares, or 67.90 per cent of the issued and outstanding common shares, were voted at the meeting. Shareholders voted in favour of all items of business, including the election of each director nominee by a substantial majority as shown in the report on proxies.
Rob Wildeboer: 97.09 per cent
Fred Olson: 91.48 per cent
Pat D'Eramo: 99.63 per cent
Terry Lyons: 97.35 per cent
Maureen Midgley: 99.70 per cent
David Schoch: 99.65 per cent
Molly Shoichet: 99.70 per cent
Sandra Pupatello: 94.92 per cent
Edward Waitzer: 98.14 per cent
Additionally, Martinrea's advisory say-on-pay vote received 97.93-per-cent support.
About Martinrea International Inc.
Martinrea is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and complex aluminum products focused primarily on the automotive sector. Martinrea currently employs more than 19,000 talented and motivated people, and operates in 56 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and Japan. Martinrea's vision is making lives better by being the best supplier it can be in the products it makes and the services it provides.
The common shares of Martinrea trade on The Toronto Stock Exchange under the symbol MRE.
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