Cineplex Inc. Announces Voting Results for Directors at Annual Shareholders' Meeting

TORONTO, May 31, 2019 /CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex") is pleased to announce the results for the election of its directors at the May 29, 2019 Annual Meeting of Shareholders.

Each of the nominee directors listed in Cineplex's Management Information Circular dated March 29, 2019 was elected as a director, without a vote by ballot being conducted. Cineplex received the following proxies with regard to voting on the 10 directors nominated for election, as set forth in the table below:

Name of Nominee	Vote For %	Withhold Vote %
Jordan Banks	99.83%	0.17%
Robert Bruce	98.86%	1.14%
Joan Dea	99.59%	0.41%
Janice Fukakusa	98.76%	1.24%
Ian Greenberg	99.88%	0.12%
Donna Hayes	98.86%	1.14%
Ellis Jacob	99.90%	0.10%
Sarabjit Marwah	99.77%	0.23%
Nadir Mohamed	99.55%	0.45%
Edward Sonshine	84.77%	15.23%

 

In addition to the election of directors, two additional resolutions were also addressed during the meeting.

Appointment of Auditors:
The appointment of PricewaterhouseCoopers LLP as auditors of the corporation was approved. Votes were received as follows:

Votes For:           98.69%
Withheld:              1.31%

Advisory Vote on Executive Compensation:
The advisory resolution to accept the approach of non-binding say-on-pay set forth in the Management Information Circular on the company's approach to executive compensation. Votes were received as follows:

Votes For:           90.12%
Against:                 9.88%

Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. A leading entertainment and media company, Cineplex welcomes over 70 million guests annually through its circuit of theatres and location based entertainment venues across the country. In addition to being Canada's largest and most innovative film exhibitor, Cineplex also operates successful businesses in digital commerce (CineplexStore.com), food service, alternative programming (Cineplex Events), cinema media (Cineplex Media), digital place-based media (Cineplex Digital Media), amusement solutions (Player One Amusement Group) and an online esports platform for competitive and passionate gamers (WorldGaming Network). Additionally, Cineplex operates a location based entertainment business through Canada's newest destination for 'Eats & Entertainment' (The Rec Room), and will also be opening new complexes specially designed for teens and families (Playdium) as well as exciting new sports and entertainment venues across Canada (Topgolf). 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 approximately 13,000 people in its offices across Canada and the United States. To learn more visit Cineplex.com or download the Cineplex App.

SOURCE Cineplex

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