06/02/2023 | Press release | Distributed by Public on 06/02/2023 04:08
VIA SEDAR |
To: |
British Columbia Securities Commission |
Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan
The Manitoba Securities Commission
Ontario Securities Commission
Autorité des marchés financiers
Financial and Consumer Services Commission of New Brunswick
Nova Scotia Securities Commission
The Office of the Superintendent Securities, Prince Edward Island
Office of the Superintendent of Securities, Newfoundland & Labrador
Office of the Yukon Superintendent of Securities
Northwest Territories Securities Office
Nunavut Securities Office
Re: |
BRP Inc. |
Report on Voting Results pursuant to Section 11.3 of National Instrument
51-102 - Continuous Disclosure Obligations ("NI 51-102")
Following the annual meeting of the shareholders of BRP Inc. (the "Company") held on June 1, 2023 (the "Meeting"), we hereby advise you, in accordance with Section 11.3 of NI 51-102, of the following voting results obtained at the Meeting.
1. |
Election of Directors |
A ballot was conducted with respect to the election of directors. According to proxies received and ballots cast, all nominees proposed by management of the Company were elected as directors of the Company, with the following results:
Nominee |
Votes For |
% |
Votes Against |
% | ||||
Élaine Beaudoin |
281,093,825 | 99.43% | 1,614,458 | 0.57% | ||||
Pierre Beaudoin |
270,113,810 | 95.55% | 12,594,472 | 4.45% | ||||
Joshua Bekenstein |
264,414,129 | 93.53% | 18,294,153 | 6.47% | ||||
José Boisjoli |
281,034,099 | 99.41% | 1,674,183 | 0.59% | ||||
Charles Bombardier |
281,093,495 | 99.43% | 1,614,786 | 0.57% | ||||
Ernesto M. Hernández |
282,621,322 | 99.97% | 86,960 | 0.03% | ||||
Katherine Kountze |
282,621,749 | 99.97% | 86,534 | 0.03% | ||||
Estelle Métayer |
282,144,893 | 99.80% | 563,388 | 0.20% |
Nominee |
Votes For |
% |
Votes Against |
% | ||||
Nicholas Nomicos |
282,340,601 | 99.87% | 367,681 | 0.13% | ||||
Edward Philip |
278,408,071 | 98.48% | 4,300,212 | 1.52% | ||||
Michael Ross |
282,685,472 | 99.99% | 22,809 | 0.01% | ||||
Barbara Samardzich |
282,508,883 | 99.93% | 199,400 | 0.07% |
2. |
Appointment of Deloitte LLP as Auditor |
A ballot was conducted with respect to the appointment of Deloitte LLP as the Company's auditor. According to proxies received and ballots cast, Deloitte LLP was appointed as the Company's auditor with the following results:
Votes For |
% |
Votes Withheld |
% | |||
282,518,120 | 99.76% | 669,193 | 0.24% |
3. |
Adoption of the advisory non-binding resolution on the Company's approach to executive compensation |
A ballot was conducted with respect to the adoption of an advisory non-binding resolution in respect of the Company's approach to executive compensation, as more particularly described in the Management Proxy Circular dated April 27, 2023. According to proxies received and ballots cast, the advisory non-binding resolution was adopted with the following results:
Votes For |
% |
Votes Against |
% | |||
277,925,934 | 98.31% | 4,782,348 | 1.69% |
DATED this 1st day of June, 2023.
BRP INC. |
(s) Martin Langelier |
Martin Langelier |
Chief Legal Officer |