MONTRÉAL, May 13, 2022
/CNW Telbec/ - - Xebec Adsorption Inc. (TSX: XBC)
("Xebec" or the "Corporation"), a global provider of
clean energy solutions, in accordance
with Toronto Stock
Exchange requirements, announced the voting results
from its Annual Meeting of Shareholders which was held on virtually
on Thursday May 12, 2022.
All seven (7) nominees listed in the management information
circular dated March 31, 2022 (the
"Circular"), were elected as directors of Xebec at its
Annual Meeting of Shareholders. Each of the directors was elected
by a majority of the votes cast by shareholders present or
represented by proxies at the Annual Meeting of Shareholders.
Name of
Nominee
|
For
|
Withhold
|
Votes
|
Percentage
|
Votes
|
Percentage
|
William
Beckett
|
46,411,933
|
74.19%
|
16,144,974
|
25.81%
|
Peter Bowie
|
45,546,639
|
72.81%
|
17,010,268
|
27.19%
|
Sara Elford
|
52,170,335
|
83.40%
|
10,386,572
|
16.60%
|
Brian Levitt
|
54,375,217
|
86.92%
|
8,181,690
|
13.08%
|
Guy
Saint-Jacques
|
47,532,315
|
75.98%
|
15,024,592
|
24.02%
|
Francis
Séguin
|
54,126,955
|
86.52%
|
8,429,952
|
13.48%
|
Dimitrios (Jim)
Vounassis
|
54,776,249
|
87.56%
|
7,780,658
|
12.44%
|
Raymond Chabot Grant Thornton LLP was reappointed as the
Corporation's independent auditor for the ensuing year at the
meeting and the directors of the Corporation were authorized to fix
the auditor's remuneration.
For
|
Withhold
|
Votes
|
Percentage
|
Votes
|
Percentage
|
49,528,897
|
76.92%
|
14,860,014
|
23.08%
|
On the non-binding advisory vote on executive compensation, a
majority of the votes cast by shareholders present or represented
by proxies at the meeting were in favor of the Corporation's
approach to executive compensation as described in the Circular, as
follows:
For
|
Against
|
Votes
|
Percentage
|
Votes
|
Percentage
|
46,496,782
|
74.33%
|
16,060,125
|
25.67%
|
The formal report on voting results with respect to all matters
voted upon during the Annual Meeting of Shareholders will be filed
with the regulatory authorities shortly.
Related links:
https://xebecinc.com/
About Xebec Adsorption Inc.
Xebec is a global provider of clean energy solutions for
renewable and low carbon gases used in energy, mobility and
industrial applications. The company specializes in deploying a
portfolio of proprietary technologies for the distributed
production of hydrogen, renewable natural gas, carbon capture,
oxygen and nitrogen which is supported by a service network under
the brand "XBC Flow Services". By focusing on environmentally
responsible gas generation, Xebec has helped thousands of customers
around the world reduce their carbon footprints and operating
costs. Headquartered in Québec, Canada, Xebec has a worldwide presence with
nine manufacturing facilities, seventeen Cleantech Service Centers
and four sales offices spanning over four continents. Xebec trades
on the Toronto Stock Exchange under the symbol (TSX: XBC). For more
information, xebecinc.com.
SOURCE Xebec Adsorption Inc.