Resolute Stockholders Vote in Favor of Each Proposal at Annual Meeting

MONTREAL, May 25, 2018 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today held its annual meeting of stockholders in Thunder Bay, Ontario. A total of 77,093,819 common shares, or 85.36% of the outstanding shares, were voted at the meeting. Shareholders voted in favor of each proposal, including the re-election of each director nominee, by a 96.55% majority:

 

NOMINEES	FOR		AGAINST		ABSTAIN	NON-VOTES
	# of shares	%	# of shares	%	# of shares
Randall C. Benson	73,233,183	99.01	729,761	0.99	3,634	3,127,241
Jennifer C. Dolan	73,195,415	98.96	767,724	1.04	3,439	3,127,241
Richard D. Falconer	73,122,264	98.86	840,682	1.14	3,632	3,127,241
Jeffrey A. Hearn	71,410,790	96.55	2,552,333	3.45	3,455	3,127,241
Yves Laflamme	73,427,646	99.28	535,493	0.72	3,439	3,127,241
Bradley P. Martin	71,801,621	97.08	2,161,423	2.92	3,534	3,127,241
Alain Rhéaume	73,233,307	99.01	729,653	0.99	3,618	3,127,241
Michael S. Rousseau	73,213,666	98.99	749,457	1.01	3,455	3,127,241

 

The other proposals on which stockholders voted favorably included:

• The ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the 2018 fiscal year.
• An advisory vote to approve compensation of the company's named executive officers, as disclosed in the proxy statement.

About Resolute Forest Products

Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers, which are marketed in close to 70 countries. The company owns or operates some 40 manufacturing facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.

Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit www.resolutefp.com for more information.

 

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SOURCE Resolute Forest Products Inc.

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