Doman Building Materials Reveals Director Election Outcomes
Doman Building Materials Announces Election Results
Doman Building Materials Group Ltd. (TSX: DBM) took an important step in shaping its future by announcing the results of its recent director elections. The meeting, attended by shareholders, was held on a significant day and showcased the strength of Doman’s leadership.
Director Elections and Shareholder Participation
In this annual meeting, a remarkable number of shares were represented, demonstrating robust shareholder engagement. A total of 30,991,740 shares were present, which accounted for about 35.46% of the company’s outstanding shares.
Election Outcomes of Board Nominees
During the elections, all nominees listed in the Management Information Circular from March were successfully elected through a vote by show of hands. Here are the highlights from the voting results:
Nominee Vote Summary:
1. **Amar S. Doman** - Received 28,782,478 votes for, constituting 99.62% approval. 2. **Ian M. Baskerville** - Secured 27,505,141 votes for, translating to 95.20% approval. 3. **Kelvin Dushnisky** - Garnered 27,450,006 votes for, representing 95.01% approval. 4. **Sam Fleiser** - Achieved 28,762,217 votes for, equating to 99.55% approval. 5. **Marie M. Graul** - Collected 28,776,277 votes for, corresponding to 99.60% approval. 6. **Michelle Harrison** - Acquired 28,785,712 votes for, meaning 99.63% approval. 7. **Harry Rosenfeld** - Received 28,758,362 votes for, reflecting 99.54% approval. 8. **Ann M. Simms** - Secured 28,773,339 votes for, which is 99.59% approval. 9. **Siegfried J. Thoma** - Garnered 28,507,124 votes for, coming to 98.67% approval.
Conclusion of the Meeting
All other matters presented during the meeting also received shareholder approval, confirming the direction in which Doman aims to move forward. A detailed report on the voting results will be made available to the regulatory authorities in the near future.
About Doman Building Materials Group
Established in 1989 and headquartered in Vancouver, British Columbia, Doman Building Materials Group Ltd. (TSX: DBM) stands as Canada’s only fully integrated national distributor in the building materials and related products sector. The company operates through multiple distinct divisions that include treating plants, planing facilities, and distribution centers located throughout Canada and extending into the United States.
Doman possesses a strategic presence across the nation, operating **Doman Building Materials Canada**, which manages distribution across all provinces. Furthermore, **Doman Treated Wood Canada** operates several treating plants in proximity to major urban centers.
In the U.S., Doman is well-established with **Doman Lumber**, managing 21 treating plants and a network that services the central regions. The company's divisions in the U.S., such as **Doman Tucker Lumber** and **Doman Treated Wood USA**, have specialized functions that cater to various parts of the market, including the East Coast and the West Coast with an emphasis on quality lumber products.
Doman also manages private timberlands and forest licenses, providing additional resources that enhance their development capabilities in the agricultural post-peeling and pressure treating sectors.
For Further Information
Should you wish to learn more about Doman Building Materials Group Ltd., additional details can be found in their filings available on platforms dedicated to regulatory compliance. You can also visit Doman's official website for more insights into their operations and initiatives.
For inquiries, please contact:
Ali Mahdavi
Investor Relations
416-962-3300
ali.mahdavi@domanbm.com
Frequently Asked Questions
What was the date of Doman's annual meeting?
The annual meeting was conducted on May 8, 2025.
How many shares were represented at the Doman meeting?
A total of 30,991,740 shares were represented, which accounted for about 35.46% of the outstanding shares.
Who are the newly elected directors?
The newly elected directors include Amar S. Doman, Ian M. Baskerville, Kelvin Dushnisky, among others, all receiving a significant percentage of approval.
Where is Doman's headquarters located?
Doman Building Materials Group Ltd. is headquartered in Vancouver, British Columbia.
What does Doman Building Materials Group specialize in?
Doman is Canada’s only fully integrated distributor in the building materials sector, offering a wide range of products and services across North America.
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