LAVAL, QC, Aug. 14, 2020 /PRNewswire/ - Neptune Wellness
Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX:
NEPT), a diversified and fully integrated health and wellness
company focused on plant-based, sustainable and purpose-driven
lifestyle brands, announced the voting results for the
matters listed in its management proxy circular dated July 16,
2020 held at its annual meeting of shareholders, which took
place virtually on August 12, 2020 (the "AGM").
Election of Directors
According to proxies received and a vote by poll at the meeting,
the following individuals were elected as directors of Neptune
until the next annual meeting of shareholders, with the following
results:
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
John M.
Moretz
|
29,679,735
|
97.6%
|
736,756
|
2.4%
|
Joseph
Buaron
|
29,989,479
|
98.6%
|
427,012
|
1.4%
|
Michael
Cammarata
|
27,472,165
|
90.3%
|
2,944,326
|
9.7%
|
Ronald
Denis
|
22,702,327
|
74.6%
|
7,714,164
|
25.4%
|
Michael de
Geus
|
30,211,169
|
99.3%
|
205,322
|
0.7%
|
Jane
Pemberton
|
30,151,899
|
99.1%
|
264,592
|
0.9%
|
Frank
Rochon
|
30,156,703
|
99.2%
|
259,788
|
0.9%
|
Richard
Schottenfeld
|
29,542,961
|
97.1%
|
873,530
|
2.9%
|
Appointment of Auditors
According to proxies received and a vote by poll at the meeting,
Ernst & Young, LLP, Chartered Professional Accountants, were
appointed as the Corporation's auditors for the ensuing year and
the Board of Directors of the Company were authorized to fix their
remuneration, with the following results:
Ernst & Young,
LLP
|
Votes in
Favor
|
% In
Favor
|
Votes
Withheld
|
%
Withheld
|
56,257,820
|
99.3%
|
392,189
|
0.7%
|
About Neptune Wellness Solutions Inc.
Neptune Wellness Solutions is a diversified and fully integrated
health and wellness company. With a mission to redefine
health and wellness, Neptune is focused on building a broad
portfolio of high quality, affordable consumer products in response
to long-term secular trends and market demand for natural,
plant-based, sustainable and purpose-driven lifestyle brands. The
Company utilizes a highly flexible, cost-efficient manufacturing
and supply chain infrastructure that can be scaled up and down or
into adjacent product categories to identify new innovation
opportunities, quickly adapt to consumer preferences and demand,
and bring new products to market through its mass retail partners
and e-commerce channels. Leveraging decades of expertise in
extraction and product formulation, Neptune is a leading provider
of turnkey product development and supply chain solutions to
business customers across several health and wellness verticals,
including legal cannabis and hemp, nutraceuticals and white label
consumer packaged goods. The Company has a strong position in
cannabis and hemp with research, development and commercialization
focused on the use of cannabinoids in household products to make
them safer, healthier and more effective. Neptune's corporate
headquarters is located in Laval,
Quebec, with a 50,000-square-foot production facility
located in Sherbrooke, Quebec and
a 24,000 square-foot facility located in North Carolina. For
additional information, please visit: https://neptunecorp.com/
Forward Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the U.S. securities laws and Canadian
securities laws. Such forward-looking statements involve known and
unknown risks, uncertainties, and other unknown factors that could
cause the actual results of Neptune to be materially different from
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes", "belief",
"expects", "intends", "projects", "anticipates", "will", "should"
or "plans" to be uncertain and forward-looking. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release.
The forward-looking statements contained in this press
release are expressly qualified in their entirety by this
cautionary statement and the "Cautionary Note Regarding
Forward-Looking Information" section contained in Neptune's latest
Annual Information Form (the "AIF"), which also forms part of
Neptune's latest annual report on Form 40-F, and which is available
on SEDAR at www.sedar.com, on EDGAR at
https://www.sec.gov/edgar.shtml and on the investor section of
Neptune's website at www.neptunecorp.com. All forward-looking
statements in this press release are made as of the date of this
press release. Neptune does not undertake to update any such
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law. The
forward-looking statements contained herein are also subject
generally to other risks and uncertainties that are described from
time to time in Neptune public securities filings with the
Securities and Exchange Commission and the Canadian securities
commissions. Additional information about these assumptions and
risks and uncertainties is contained in the AIF under "Risk
Factors".
Neither NASDAQ nor the Toronto Stock Exchange accepts
responsibility for the adequacy or accuracy of this
release.
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SOURCE Neptune Wellness Solutions Inc.