Toronto, Ontario– March 3, 2017 – Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) reported that at its Annual Meeting of shareholders on March 2, 2017 there was 1 shareholder voting in person holding 700 Voting Common Shares and 94 shareholders voting by proxy holding 6,351,920 Voting Common Shares, representing in total 95 shareholders holding 6,352,620 Voting Common Shares, and 31.56% of the total number of Voting Common Shares outstanding.
Each of the directors listed as nominees in the management proxy circular dated January 11, 2017 were elected directors of the Corporation until the next Annual Meeting.
The results of the vote for the election of directors and reconfirmation of the shareholder rights plan are as follows:
| Voted for* | Percentage | Withheld from Voting* |
Percentage | |||
| 1. Each of the directors listed as nominees in the management proxy circular dated January 11, 2017 were elected directors of the Corporation until the next Annual Meeting. The vote was conducted by a show of hands. | ||||||
| Paul R. Daoust | 4,673,684 | 90.87% | 469,697 | 9.13% | ||
| Richard D. Innes | 4,638,684 | 90.19% | 504,697 | 9.81% | ||
| G. Edmund King | 4,939,684 | 96.04% | 203,697 | 3.96% | ||
| John N. Wallace | 4,928,484 | 95.82% | 214,897 | 4.18% | ||
| Kathryn A. Welsh | 4,947,384 | 96.19% | 195,697 | 3.81% | ||
| Voted for* | Percentage | Withheld from Voting* |
Percentage | |||
| 2. Appointment of Auditors – Appointed | 6,301,920 | 99.21% | 50,000 | 0.79% | ||
| The shareholders appointed PricewaterhouseCoopers LLP as auditors of the Corporation and authorized the directors of the Corporation to fix the remuneration of the auditors. The vote was conducted by a show of hands. |
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| Voted for* | Percentage | Voted against* | Percentage | |||
| 3. Reconfirmation of Shareholder Rights Plan – Passed | 3,155,154 | 61.34% | 1,988,227 | 38.66% | ||
| The shareholders appointed PricewaterhouseCoopers LLP as auditors of the Corporation and authorized the directors of the Corporation to fix the remuneration of the auditors. The vote was conducted by a show of hands. |
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* As the vote for each motion was taken by a show of hands, the number of votes disclosed reflects only those proxies received by management in advance of the meeting, plus any shares voted by a show of hands at the meeting in respect of which the shareholder voted against, or withheld authority.
About Caldwell Partners
Caldwell Partners is a leading international provider of executive search and has been for more than 45 years. As one of the world’s most trusted advisors in executive search, the firm has a sterling reputation built on successful searches for boards, chief and senior executives, and selected functional experts. With offices and partners across North America, Europe, Latin America and Asia Pacific, the firm takes pride in delivering an unmatched level of service and expertise to its clients.
The Caldwell Partners’ Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at www.caldwell.com for further information.
For further information, please contact:
Investors & Analysts:
Chris Beck, CPA, Chief Financial Officer
The Caldwell Partners International
cbeck@caldwellpartners.com
+1 617 934 1843
Media:
Caroline Lomot, Director of Marketing
The Caldwell Partners International
clomot@caldwellpartners.com
+1 516 830 3535
