Wheaton Precious Metals Announces Election of Directors and Approval of Special Matters and Welcomes New Board Member
May 10, 2024 at 05:12 pm EDT
Share
VANCOUVER, BC, May 10, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that the nominees listed below were elected to the Board of Directors at the 2024 Annual and Special Meeting of Shareholders, including the addition of Srinivasan Venkatakrishnan, or Venkat, who joins the board effective today. Detailed results of the vote for the Board of Directors of the Company are shown below.
"With his impressive track record of exemplary leadership and success in the mining industry, we are pleased to welcome Venkat to our Board of Directors," said George Brack, Chair of the Board of Wheaton. "Venkat brings a wealth of experience, strategic insight and a strong dedication to sustainable growth, which will be invaluable to Wheaton as we venture into our next phase of expansion. We look forward to working closely with Venkat and benefiting from his contributions to our board discussions and decision-making process."
2024 Annual and Special Meeting of Shareholders Voting Results
Nominee
Votes For
% For
Votes Withheld
% Withheld
George L. Brack
324,783,866
98.27 %
5,717,692
1.73 %
Jaimie Donovan
327,626,678
99.13 %
2,874,880
0.87 %
R. Peter Gillin
313,193,110
94.76 %
17,308,448
5.24 %
Chantal Gosselin
318,747,803
96.44 %
11,753,755
3.56 %
Jeane Hull
327,216,498
99.01 %
3,285,060
0.99 %
Glenn Ives
328,571,567
99.42 %
1,929,991
0.58 %
Charles A. Jeannes
325,495,940
98.49 %
5,005,618
1.51 %
Marilyn Schonberner
324,115,890
98.07 %
6,385,668
1.93 %
Randy V.J. Smallwood
329,605,299
99.73 %
896,259
0.27 %
Srinivasan Venkatakrishnan
328,191,419
99.30 %
2,310,139
0.70 %
The following special matter was also approved by shareholders at the 2024 Annual and Special Meeting of Shareholders:
the ordinary resolution to approve the appointment of Deloitte LLP, Independent Registered Public Accounting Firm, as auditors of the Company was carried with 94.42% of the votes cast in favour of such resolution; and
as a special matter, the non-binding advisory resolution accepting the Company's approach to executive compensation was carried with 94.14% of the votes cast in favour of such resolution.
Srinivasan Venkatakrishnan – New Director Mr. Venkatakrishnan is a Corporate Director and an experienced mining executive who brings a wealth of mining and financial experience, gained through his vast experience of leading global mining businesses, in a career that has spanned across 17 countries and six continents. Mr. Venkatakrishnan has a proven track record of leading multinational organizations - including major publicly listed companies - through periods of challenging and transformative change. He is currently the Chair of Endeavour Mining plc. and a director of BlackRock World Mining Trust plc. He was also, until March 31, 2024, a Director of Weir Group Plc. Previously, Mr. Venkatakrishnan served as CEO of Vedanta Resources plc from 2018 to 2020 and was CEO of AngloGold Ashanti Limited between 2013 to 2018, having previously been Chief Financial Officer of the business from 2005, and of Ashanti Goldfields Limited from 2000. In his early career, he was a Director with Deloitte in London, leading corporate restructurings on behalf of both corporates and financiers. Mr. Venkatakrishnan is a past board member of the World Gold Council, International Council on Mining and Metals, Business Leadership South Africa, the Chamber of Mines of South Africa and a past member of the Financial Review Investigation Panel of the Johannesburg Stock Exchange.
View original content:https://www.prnewswire.com/news-releases/wheaton-precious-metals-announces-election-of-directors-and-approval-of-special-matters-and-welcomes-new-board-member-302142737.html
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company is primarily engaged in the sale of precious metals, including gold, silver, palladium, and cobalt. It has streaming agreements for about 19 operating mines and 13 development stage projects. Its operating assets include Salobo mine (Salobo), Antamina, Penasquito, Constancia, Sudbury, Stillwater, San Dimas, Voiseyâs Bay, Other Gold, and Other Silver. Its development assets include Blackwater Project, Marmato Mine, Copper World Complex, Goose Project, and Curipamba Project, and others. The Salobo is the copper deposit located in Brazil. Salobo is an integrated operation of open pit mining, mineral processing beneficiation, concentrate loading and transportation. The Antamina mine is a copper mine. The Antamina mine is located in the Andes Mountain range of Peru at an average elevation of 4,200 meters. The Penasquito is a gold mine and silver mine as well as the producers of zinc and lead.