Monday, 29 June 2020

Air Canada Announces Election of Directors

Air Canada has announced this week that all of the nominees listed in the management proxy circular dated May 4, 2020 were elected as directors of Air Canada at its Annual Meeting of Shareholders which was held in a virtual-only format on Thursday, June 25, 2020.

All of the nominees have already been serving as directors of Air Canada, except for Amee Chande. The Corporation is pleased to welcome Ms Chande to the Air Canada Board of Directors.  Ms Chande is a corporate director as well as a senior advisor to leading companies in the mobility sector. Most recently, Ms Chande was Chief Commercial Officer for Waymo, Google's self-driving car project and from 2015 to 2018, she was a Managing Director at Alibaba Group where she was the first senior executive hired to lead globalization. Ms Chande has also held various senior management positions at global retailers. She began her career as a strategy consultant with McKinsey & Company.
Each of the directors was elected by a majority of the votes cast by shareholders present online or represented by proxy at the meeting. The results of the vote are detailed below.
Nominee
Votes For
% For
Votes Withheld
% Withheld





Amee Chande
108,012,106
99.96%
47,788
0.04%





Christie J.B. Clark
102,967,999
95.29%
5,091,894
4.71%





Gary A. Doer
106,669,333
98.71%
1,390,561
1.29%





Rob Fyfe
108,001,662
99.95%
58,231
0.05%





Michael M. Green
105,991,879
98.09%
2,068,015
1.91%





Jean Marc Huot
106,314,167
98.38%
1,745,726
1.62%





Madeleine Paquin
106,890,351
98.92%
1,169,543
1.08%





Calin Rovinescu
108,011,387
99.96%
48,506
0.04%





Vagn Sørensen
97,628,481
90.35%
10,431,412
9.65%





Kathleen Taylor
106,881,698
98.91%
1,178,196
1.09%





Annette Verschuren
107,458,680
99.44%
601,213
0.56%





Michael M. Wilson
106,575,993
98.63%
1,483,900
1.37%
At the meeting, shareholders reappointed PricewaterhouseCoopers LLP as auditors of the Corporation and approved an advisory resolution on Air Canada's approach to executive compensation. Shareholders also ratified Air Canada's shareholder rights plan adopted by the Board of Directors on May 4, 2020 in order to renew the existing shareholder rights plan which was adopted by the Board on March 24, 2017 and ratified by Air Canada's shareholders on May 5, 2017. A copy of the shareholder rights plan is available on SEDAR at www.sedar.com.
Final voting results on all matters voted on at the meeting will be filed on SEDAR.
















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