Major Proxy Firms Endorse KP Tissue Inc. Shareholder Actions
Proxy Firms Recommend KP Tissue Shareholders Vote Appropriately
KP Tissue Inc. (“KPT” or the “Company”) (TSX: KPT) has exciting news as both Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended shareholders participate actively in the upcoming Annual Meeting of Shareholders. This pivotal meeting is essential for decision-making that could impact the company's future.
Importance of Voting in Advance
Shareholders are encouraged to cast their votes well in advance of the upcoming proxy deadline, set for June 19, 2025. It's vital for every vote to ensure the voices of all shareholders are heard loud and clear during this important timeframe.
Meeting Details and Participation
The Annual Meeting will occur in a virtual-only format on June 23, 2025, at 2:00 PM (Eastern Time). This innovative approach allows greater accessibility for shareholders who wish to participate without geographical constraints. To maximize participation, shareholders are urged to review the Circular and vote promptly.
Engaging with Shareholders
KP Tissue’s Board of Directors has unanimously recommended that shareholders vote FOR all the proposed resolutions. This strong endorsement reflects their confidence in the company’s direction and the strategic initiatives in place aimed at enhancing shareholder value.
Assistance and Contact Information
Shareholders who have questions about the voting process or need assistance are invited to reach out to the Laurel Hill Advisory Group, the proxy solicitation agent for KPT. They can be contacted toll-free at 1-877-452-7184 for North American shareholders or via email at assistance@laurelhill.com. This resource is here to support every shareholder during this important time.
About KP Tissue Inc.
KPT was established primarily to hold a significant equity interest in Kruger Products, where it currently holds a 12.3% stake. Kruger Products is recognized as Canada’s premier manufacturer of high-quality tissue products serving household, industrial, and commercial markets. Their well-known brands, such as Cashmere and Purex, have gained popularity among consumers nationwide.
About Kruger Products
Kruger Products stands proud as a leading name in quality tissue products serving both Canadian and U.S. markets. Their commitment to excellence is evident in the range of trusted brands and the dedication of approximately 3,000 employees working in multiple certified production facilities across North America.
Contact Information for Stakeholders and Investors
For inquiries, François Paroyan, General Counsel and Corporate Secretary at KP Tissue Inc., is available at 905-812-6936 or via email at francois.paroyan@krugerproducts.ca. Additionally, for investment-related inquiries, Doris Grbic, Director of Investor Relations, can be contacted at 437-882-2596 or at IR@krugerproducts.ca. KPT is invested in maintaining ongoing communications with its stakeholders.
Frequently Asked Questions
What is the significance of the proxy firms' recommendations?
ISS and Glass Lewis are trusted advisors in the financial community and their recommendations signal confidence in the proposed resolutions.
When will the Annual Meeting take place?
The Annual Meeting is scheduled for June 23, 2025, at 2:00 PM Eastern Time.
How can shareholders vote?
Shareholders can vote online, by mail, or through their proxy representatives before the deadline of June 19, 2025.
Who should shareholders contact for voting assistance?
For support with voting, shareholders can contact Laurel Hill Advisory Group's toll-free number or email them for assistance.
What does KP Tissue Inc. do?
KP Tissue is primarily focused on holding equity in Kruger Products, playing a crucial role in the Canadian tissue market.
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