Altus Group Voting Results from the Annual General Meeting
Altus Group Limited ("Altus Group" or "the Company") (TSX: AIF), recognized as a leader in commercial real estate intelligence, recently announced the final voting results from its annual general meeting of shareholders, held virtually to enhance participation. The meeting saw an impressive turnout, with a total of 39,662,907 common shares represented, reflecting 87.84% of the Company’s total shares as of the record date.
Results of Director Nominations
During the meeting, shareholders voted on the election of director nominees as per the Company’s Management Information Circular. Each nominee received overwhelming support to serve until the next annual meeting or until a successor is appointed. Here are key results:
Voter Confidence in Director Candidates
The following nominees were confirmed as directors:
- Wai-Fong Au: 39,098,051 votes in favor (99.14% approval)
- Will Brennan: 39,386,226 votes in favor (99.87% approval)
- Angela L. Brown: 38,462,331 votes in favor (97.53% approval)
- Colin J. Dyer: 38,200,152 votes in favor (96.86% approval)
- Michael J. Gordon: 39,313,842 votes in favor (99.68% approval)
- James V. Hannon: 39,317,393 votes in favor (99.69% approval)
- Anthony W. Long: 38,655,371 votes in favor (98.02% approval)
- Raymond Mikulich: 38,406,803 votes in favor (97.38% approval)
- Carolyn M. Schuetz: 39,218,970 votes in favor (99.44% approval)
- Thomas W. Warsop, III: 39,156,178 votes in favor (99.29% approval)
- Janet P. Woodruff: 38,173,037 votes in favor (96.79% approval)
Majority Approval for Auditor Appointment
The shareholders also approved the appointment of Ernst & Young LLP as the Company’s auditor, with 39,564,401 votes (99.77%) cast in favor, and a scant 89,234 votes withheld.
Support for Executive Compensation Advisory Vote
An advisory vote regarding the approach to executive compensation received significant backing, with 38,395,561 votes (97.36%) supporting the measure. This showed a strong alignment between management and shareholder interests in compensation strategies.
Accessing the Meeting Replay
For those who wish to review the proceedings, a replay of the meeting can be accessed through a webcast on Altus Group’s official website in the Company section.
About Altus Group
Altus Group is dedicated to connecting data, analytics, and expertise, which provides critical intelligence to facilitate optimal performance in the commercial real estate sector. Clients, including some of the industry’s leading figures, leverage Altus's innovative solutions and profound knowledge to enhance performance and manage risks effectively. With a robust team of approximately 2,000 professionals, the Company plays a pivotal role in reshaping the urban landscapes that enhance our living and working environments.
Contact Information
For further inquiries, please reach out to:
Martin Miasko
Senior Director, Investor Relations and Strategy
Altus Group
(416) 204-5136
martin.miasko@altusgroup.com
Frequently Asked Questions
What was the overall turnout percentage for the AGM?
The turnout at the AGM was an impressive 87.84% of the total common shares.
Who were the primary directors elected during the AGM?
Notable directors elected include Wai-Fong Au, Will Brennan, and Angela L. Brown, among others.
What auditor was appointed for Altus Group?
Ernst & Young LLP was appointed as the Company’s auditor, receiving 99.77% support from the shareholders.
How did shareholders respond to the executive compensation advisory vote?
Shareholders supported the advisory vote on executive compensation with 97.36% approving the approach taken.
Is a replay of the AGM available for viewing?
Yes, a replay of the AGM is available via a webcast on Altus Group’s official website.
