VANCOUVER, BC, April 18,
2023 /CNW/ - West Fraser Timber Co. Ltd. ("West
Fraser" or the "Company") (TSX and NYSE: WFG) announced the voting
results from its Annual General and Special Meeting held on
Tuesday, April 18, 2023 in
Quesnel, BC.
Voting Results for the Election of Directors
A total of 69,696,525 Common shares and Class B Common
shares were voted at the meeting, representing 83.41% of the votes
attached to all outstanding shares. Shareholders voted in
favour of all items of business before the meeting, including the
election of all director nominees as follows:
|
Director
|
Votes
For
|
% of Votes
in Favour
|
Votes
Withheld
|
% of Votes
Withheld
|
|
Hank Ketcham
|
65,972,655
|
97.19
|
1,907,222
|
2.81
|
|
Doyle N.
Beneby
|
67,677,147
|
99.70
|
202,731
|
0.30
|
|
Reid E.
Carter
|
65,845,948
|
97.00
|
2,033,929
|
3.00
|
|
Raymond
Ferris
|
67,855,089
|
99.96
|
24,788
|
0.04
|
|
John N.
Floren
|
66,327,081
|
97.71
|
1,552,796
|
2.29
|
|
Ellis Ketcham
Johnson
|
67,553,290
|
99.52
|
326,587
|
0.48
|
|
Brian G.
Kenning
|
65,771,883
|
96.89
|
2,107,995
|
3.11
|
|
Marian
Lawson
|
67,680,778
|
99.71
|
199,099
|
0.29
|
|
Colleen
McMorrow
|
67,387,056
|
99.27
|
492,822
|
0.73
|
|
Janice G.
Rennie
|
64,808,681
|
95.48
|
3,071,197
|
4.52
|
|
Gillian D.
Winckler
|
67,418,463
|
99.32
|
461,415
|
0.68
|
Voting Results for Other Matters
Shareholders approved the fixing the number of directors at
eleven (11).
Shareholders approved the appointment of PricewaterhouseCoopers
LLP as auditor of the Company.
The resolution on the Company's approach to executive
compensation (Say-on-Pay) as described in the Company's management
information circular dated March 9,
2023 was also approved, with 93.89% of votes cast in
favour.
The resolution on the amendment, restatement and continuation of
the Company's Shareholder Rights Plan as described in the Company's
management information circular dated March
9, 2023 was also approved, with 73.19% of votes cast in
favour.
Detailed voting results for the meeting are available on SEDAR
at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.
About West Fraser
West Fraser is a diversified wood products company with more
than 60 facilities in Canada,
the United States, the
United Kingdom, and Europe. From responsibly sourced and
sustainably managed forest resources, the Company produces lumber,
engineered wood products (OSB, LVL, MDF, plywood, and
particleboard), pulp, newsprint, wood chips, other residuals, and
renewable energy. West Fraser's products are used in home
construction, repair and remodelling, industrial applications,
papers, tissue, and box materials. For more information about
West Fraser, visit www.westfraser.com.
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SOURCE West Fraser Timber Co. Ltd.