Gildan Activewear Reports on Shareholders’ Voting Results
May 05, 2022 at 04:31 pm
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MONTRÉAL, May 05, 2022 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that the eleven nominees proposed as directors in its management proxy circular dated March 8, 2022 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its virtual annual meeting of shareholders held on May 5, 2022 in Montréal. Gildan also notes that a majority of shareholders voted for the non-binding advisory vote on Executive Compensation (“Say on Pay”), and the reappointment of its auditors.
The voting results are detailed below:
FOR
WITHHELD/AGAINST
Number
%
Number
%
Resolution 1
Election of Directors
Donald C. Berg
160,877,944
99.85%
237,274
0.15%
Maryse Bertrand
147,809,518
91.74%
13,305,701
8.26%
Dhaval Buch
158,785,600
98.55%
2,329,617
1.45%
Marc Caira
156,150,357
96.92%
4,964,860
3.08%
Glenn J. Chamandy
160,017,966
99.32%
1,097,252
0.68%
Shirley E. Cunningham
157,727,624
97.90%
3,387,594
2.10%
Russell Goodman
158,068,626
98.11%
3,046,591
1.89%
Charles M. Herington
155,527,074
96.53%
5,588,143
3.47%
Luc Jobin
156,642,129
97.22%
4,473,089
2.78%
Craig A. Leavitt
159,357,557
98.91%
1,757,660
1.09%
Anne Martin-Vachon
157,411,310
97.70%
3,703,908
2.30%
Resolution 2
Say on Pay
148,753,541
92.33%
12,361,673
7.67%
Resolution 3
Appointment of Auditors
144,985,209
88.78%
18,319,805
11.22%
About Gildan Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, Peds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. The Company’s product offerings include activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms, and to global lifestyle brand companies.
Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.
Investor inquiries:
Media inquiries:
Sophie Argiriou
Genevieve Gosselin
Vice President, Investor Communications
Director, Global Communications and Corporate Marketing
Gildan Activewear Inc. is a vertically integrated manufacturer of everyday basic apparel, including activewear, underwear, and hosiery products. Its primary product categories include activewear tops and bottoms (activewear), socks (hosiery), and underwear tops and bottoms (underwear). Its activewear product lines include T-shirts, fleece tops and bottoms, and sports shirts. Its hosiery product lines include athletic, dress, casual and workwear socks, liner socks and socks for therapeutic purposes. Its underwear product lines include men's and boy's underwear (tops and bottoms) and ladiesâ panties. It markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan, American Apparel, Comfort Colors, GOLDTOE and Peds. It also sells socks under the Under Armour brand in the United States and Canada. It has manufacturing facilities in Central America, the Caribbean, North America, and Bangladesh.