TORONTO, May 25, 2022
/CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex" or the "Company") is
pleased to announce that at its Annual Meeting of Shareholders held
today, each of the items of business referred to in its management
information circular dated April 21,
2022 (the "Management Information Circular") was passed by a
vote held by ballot. The voting results for each item of business
are as follows:
Election of Directors:
Each of the nominee directors
listed in the Management Information Circular was elected as a
director of the Company. Cineplex received the following proxies
with regard to voting on the nine directors nominated for
election:
|
Name of
Nominee
|
% Votes
For
|
% Votes
Withheld
|
|
Jordan Banks
|
99.73%
|
0.27%
|
|
Robert Bruce
|
99.03%
|
0.97%
|
|
Joan Dea
|
99.02%
|
0.98%
|
|
Janice
Fukakusa
|
98.52%
|
1.48%
|
|
Donna Hayes
|
99.58%
|
0.42%
|
|
Ellis Jacob
|
99.67%
|
0.33%
|
|
Sarabjit
Marwah
|
99.03%
|
0.97%
|
|
Nadir
Mohamed
|
89.47%
|
10.53%
|
|
Phyllis
Yaffe
|
99.18%
|
0.82%
|
Appointment of Auditors:
The appointment of PricewaterhouseCoopers LLP as auditors of the
Company was approved. Votes were received as follows:
Votes For:
96.28%
Votes Withheld:
3.72%
Advisory Vote on Say-on-Pay:
The non-binding say-on-pay advisory resolution as set forth in
the Management Information Circular on the Company's approach to
executive compensation was approved. Votes were received as
follows:
Votes For:
87.75%
Votes Against:
12.25%
About Cineplex
Cineplex (TSX:CGX) is a top-tier
Canadian brand that operates in the Film Entertainment and Content,
Amusement and Leisure, and Media sectors. Cineplex offers a unique
escape from the everyday to millions of guests through its circuit
of over 170 movie theatres and location-based entertainment venues.
In addition to being Canada's
largest and most innovative film exhibitor, the company operates
Canada's favourite destination for
'Eats & Entertainment' (The Rec Room) and complexes specially
designed for teens and families (Playdium). It also operates
successful businesses in digital commerce (CineplexStore.com),
alternative programming (Cineplex Events), cinema media (Cineplex
Media), digital place-based media (Cineplex Digital Media) and
amusement solutions (Player One Amusement Group). Providing even
more value for its guests, Cineplex is a joint venture partner in
Scene+, Canada's largest
entertainment loyalty program.
Proudly recognized as having one of the country's Most Admired
Corporate Cultures, Cineplex employs over 10,000 people in its
offices and venues across Canada
and the United States. To learn
more, visit Cineplex.com or download the Cineplex
App.
SOURCE Cineplex