Saputo Announces Election of Directors
MONTRÉAL, QUÉBEC--(Marketwired - Aug. 3, 2016) - Saputo Inc. (TSX:SAP) (Saputo or the Company) announces that the nominees listed in its management proxy circular dated June 2, 2016 were elected as directors of Saputo at the annual meeting of shareholders held yesterday.
According to proxies received, each of the following 10 nominees proposed by the board of directors was elected as a director of Saputo with the following results:
|Emanuele (Lino) Saputo||323,551,353||5,274,601||98.40%||1.60%|
|Lino A. Saputo, Jr.||326,777,219||2,048,739||99.38%||0.62%|
|Henry E. Demone||326,697,055||2,128,903||99.35%||0.65%|
|Anthony M. Fata||326,833,861||1,992,097||99.39%||0.61%|
Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is one of the top ten dairy processors in the world, the largest cheese manufacturer and the leading fluid milk and cream processor in Canada, the third largest dairy processor in Argentina, and the fourth largest in Australia. In the US, Saputo ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products. Our products are sold in several countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, COON, Cracker Barrel*, Dairyland, DairyStar, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait's Go, Neilson, Nutrilait, Scotsburn*, Stella, Sungold, Treasure Cave and Woolwich Dairy. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol "SAP".
*Trademark used under licence.