Exco Technologies Limited 2017 Annual Meeting Results

TORONTO, Feb. 01, 2018 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX:XTC) announced voting results from its 2017 annual meeting of shareholders held on January 31, 2018. A total of 24,813,784 Common Shares or 58.46% of our issued and outstanding Common Shares, were voted in connection with the meeting. Shareholders voted by a show of hands in favour of each item of business. Based on proxies received prior to the meeting, each director nominee was elected by a substantial majority as follows:

  Votes For Votes Withheld/ Against
Laurie T.F. Bennett94.4%5.6%
Edward H. Kernaghan99.7%0.3%
Nicole A. Kirk83.2%16.8%
Robert B. Magee99.7%0.3%
Philip B. Matthews99.1%0.9%
Colleen M. McMorrow83.2%16.8%
Paul E. Riganelli86.5%13.5%
Brian A. Robbins95.2%4.8%

Full results of the votes are included as Appendix A to this press release.

Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.  Through our 17 strategic locations in 8 countries, we employ 6,600 people and service a diverse and broad customer base.

Source: Exco Technologies Limited (TSX-XTC)
Contact: Darren Kirk, Chief Operating Officer & Executive Vice-President
Telephone: (905) 477-3065 ext. 7233
Website: https://www.excocorp.com

Appendix A


Resolution Votes For Votes Withheld/Against
  # % # %
Elect Laurie T.F. Bennett as Director 23,030,73794.4%1,377,6085.6%
Elect Edward H. Kernaghan as Director 24,325,91699.7%82,4290.3%
Elect Nicole A. Kirk as Director20,316,67983.2%4,091,66616.8%
Elect Robert B. Magee as Director24,332,54399.7%75,8020.3%
Elect Philip B. Matthews as Director24,184,14099.1%224,2050.9%
Elect Colleen M. McMorrow as Director20,319,18783.3%4,089,15816,8%
Elect Paul E. Riganelli as Director21,100,54386.5%3,307,80213.5%
Elect Brian A. Robbins as Director22,262,43591.2%2,145,9108.8%
Appointment of Ernst & Young, LLP as Auditors23,596,63295.2%1,195,4374.8%

(1) Based on proxies submitted
(2) 383,724 shares were not voted
(3) 24,792,069 shares (58.4%) were voted by proxy. 21,715 shares (less than 1%) were voted in person at the meeting