WAJAX ANNOUNCES ELECTION OF DIRECTORS

TSX Symbol:  WJX

TORONTO, May 4, 2022 /CNW/ - Wajax Corporation ("Wajax" or the "Corporation") today announced that the nominees listed in the Corporation's management proxy circular dated March 8, 2022 have been elected as directors of Wajax.  The detailed results of the vote for the election of directors held at the Annual Meeting of Shareholders of the Corporation held on May 3, 2022 in Toronto, Ontario are set out below.

On a vote conducted by ballot, each of the following nine (9) nominees proposed by management was elected as a director of Wajax:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Leslie Abi-karam	9,137,084	98.75%	115,399	1.25%
Thomas M. Alford	9,138,888	98.77%	113,595	1.23%
Edward M. Barrett	8,814,832	95.27%	437,651	4.73%
Douglas A. Carty	8,821,839	95.35%	430,644	4.65%
Sylvia D. Chrominska	9,139,314	98.78%	113,169	1.22%
A. Jane Craighead	8,998,907	97.26%	253,576	2.74%
Ignacy P. Domagalski	8,873,652	95.91%	378,831	4.09%
Alexander S. Taylor	8,808,854	95.21%	443,629	4.79%
Susan Uthayakumar	9,058,560	97.90%	193,923	2.10%

The Corporation also announced that Edward M. Barrett has been appointed Chairman of the board, and that Alexander S. Taylor has been appointed Chair of the Governance Committee of the board.

Wajax Corporation

Founded in 1858, Wajax (TSX: WJX) is one of Canada's longest-standing and most diversified industrial products and services providers. The Corporation operates an integrated distribution system providing sales, parts and services to a broad range of customers in diverse sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

SOURCE Wajax Corporation

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