CCL Industries Inc. Announces Key Results from 2024 Annual Shareholders' Meeting

TORONTO, ON / ACCESSWIRE / May 10, 2024 – CCL Industries Inc., a global leader in specialty label, security, and packaging solutions, disclosed the results of its 2024 Annual and Special Meeting of Shareholders, which took place on May 9, 2024. The company confirmed that 11,465,698 Class A voting shares, representing 97.59% of its issued and outstanding Class A shares, were voted at the meeting.

All proposals at the meeting were approved, including the election of ten directors, the appointment of an auditor, and the authorization for directors to set the auditor’s remuneration. Notably, the proposal to amend the Amended and Restated Deferred Share Unit Plan for Non-Employee Directors, including an increase by 200,000 Class B non-voting shares, received approval as disclosed in the filing on www.sedarplus.ca.

The elected director nominees, listed in the company's March 15, 2024 Management Proxy Circular, were all voted in with a large majority in favor. Each director's election witnessed overwhelming support, with vote percentages ranging from 99.993% to 99.999% in favor, highlighting strong shareholder confidence.