All of the following business items were approved at the Meeting by the requisite majority of shareholder votes cast at the meeting:
- setting the size of the Board of Directors at nine;
- electing each management-nominated director;
- appointing
PricewaterhouseCoopers LLP as Lithium Americas’ auditor; and - amending the Company’s equity incentive plan from a “rolling 10% plan” to a “fixed plan” whereby the number of common shares issued under the plan will not exceed 16% of the Company’s issued and outstanding common shares as of close of business on
April 1, 2020 (the record date for the Meeting), as more particularly described in the information circular for the Meeting.
The nine directors of
Director | Votes For | Votes Withheld | Percent For | Percent Withheld | ||
48,344,163 | 313,874 | 99.35 | % | 0.65 | % | |
47,372,762 | 1,285,275 | 97.36 | % | 2.64 | % | |
47,378,855 | 1,279,182 | 97.37 | % | 2.63 | % | |
48,067,018 | 591,019 | 98.79 | % | 1.21 | % | |
47,336,983 | 1,321,054 | 97.29 | % | 2.71 | % | |
47,387,240 | 1,270,797 | 97.39 | % | 2.61 | % | |
Dr. | 47,191,911 | 1,466,126 | 96.99 | % | 3.01 | % |
46,934,997 | 1,723,040 | 96.46 | % | 3.54 | % | |
Dr. | 48,370,739 | 287,299 | 99.41 | % | 0.59 | % |
Amendments to the equity incentive plan were approved and received 96.54% votes in favour, and the remainder against.
About
For further information contact:
Investor Relations
Suite 300 –
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com
Source:
2020 GlobeNewswire, Inc., source