Air Canada announces election of directors

Air Canada announced today that all of the nominees listed in the management proxy circular dated March 25, 2019 were elected as directors of Air Canada at the company’s Annual and Special Meeting of Shareholders which was held on Monday, May 6, 2019 in Toronto.

All of the nominees have already been serving as directors of Air Canada and each of the directors was elected by a majority of the votes cast by shareholders present or represented by proxy at the meeting. The results of the vote are detailed below.

Nominee

Votes For

% For

Votes Withheld

% Withheld

Christie J.B. Clark

114,237,037

96.77%

3,813,026

3.23%

Gary A. Doer

112,221,902

95.06%

5,828,161

4.94%

Rob Fyfe

117,964,848

99.93%

85,215

0.07%

Michael M. Green

114,625,797

97.10%

3,424,266

2.90%

Jean Marc Huot

115,103,827

97.50%

2,946,236

2.50%

Madeleine Paquin

115,995,600

98.26%

2,054,463

1.74%

Calin Rovinescu

115,153,575

97.55%

2,896,488

2.45%

Vagn Sørensen

106,388,138

90.12%

11,661,925

9.88%

Kathleen Taylor

116,041,211

98.30%

2,008,852

1.70%

Annette Verschuren

117,835,101

99.82%

214,962

0.18%

Michael M. Wilson

115,938,792

98.21%

2,111,271

1.79%

Shareholders also approved the special resolution adopting the previously announced plan of arrangement effecting amendments to Air Canada’s articles of incorporation to increase the limits of foreign ownership and control of its voting shares to those permitted by amendments made to the Canada Transportation Act in 2018. The implementation of these amendments, which are described in Air Canada’s February 15, 2019 news release, remains subject to final approval of the Quebec Superior Court at a hearing scheduled for May 8, 2019.

Final voting results on all matters voted on at the meeting will be filed on SEDAR.