STELLARTON, NS, Sept. 14,
2023 /CNW/ - Empire Company Limited ("Empire" or the
"Company") (TSX: EMP.A) announced the voting results for the
election of its directors at its Annual General Meeting (the
"Meeting") held today.
There were 98,138,079 Class B shares (100% of outstanding Class
B shares) represented by proxy at the Meeting of which 100% of the
Class B shares were voted in favour of each director nominee, and
no Class B shares were withheld from voting on any nominee.
In addition to the election of directors, the Class B
shareholders also voted on fixing the maximum number of directors
at 18, on the remuneration of directors, on the appointment of
PricewaterhouseCoopers LLP as auditors for fiscal 2024 and to
authorize the Board of Directors to fix the auditors' remuneration.
100% of the Class B shares represented at the Meeting were voted in
favour of these motions.
The advisory resolution on the Company's approach to executive
compensation was voted on by both Non-Voting Class A and Class B
shareholders. There were 116,578,579 Non-Voting Class A shares
(76.35% of the Non-Voting Class A shares outstanding) represented
by proxy at the Meeting of which 95.95% were voted in favour of the
motion. 100% of the Class B shares represented at the Meeting were
voted in favour of the advisory resolution.
ABOUT EMPIRE
Empire Company Limited (TSX: EMP.A) is a Canadian company
headquartered in Stellarton, Nova
Scotia. Empire's key businesses are food retailing, through
wholly-owned subsidiary Sobeys Inc., and related real estate.
With approximately $31.5 billion in
annualized sales and $16.5 billion in
assets, Empire and its subsidiaries, franchisees and affiliates
employ approximately 131,000 people.
Additional financial information relating to Empire, including
the Company's Annual Information Form, can be found on the
Company's website at www.empireco.ca or at www.sedarplus.ca.
SOURCE Empire Company Limited