NOT FOR DISTRIBUTION IN THE U.S.A. OR OVER U.S. WIRE SERVICES
MISSISSAUGA, Ontario, June 20, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX: KPT) held its Annual Meeting of shareholders today. All candidates proposed as directors were duly elected to the Board of Directors of KPT by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:
Name
Votes For
% Votes For
Votes Against
% Votes Against
François Vimard
2,898,982
99.220
22,796
0.780
James Hardy
2,894,210
99.056
27,568
0.944
Louise Denys Wendling
2,897,156
99.157
24,622
0.843
John “Jay” Wright
2,896,279
99.127
25,499
0.873
Shareholders present or represented by proxy at the Meeting also approved the appointment of PricewaterhouseCoopers LLP as auditors of KPT (99.83 of votes in favour).
About KP Tissue Inc. (KPT)
KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 13.5% interest in Kruger Products. For more information visit www.kptissueinc.com.
About Kruger Products
Kruger Products is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use. Kruger Products serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties®, White Swan® and BonterraTM. In the U.S., Kruger Products manufactures the White Cloud® brand, as well as many private label products. The Away-From-Home division manufactures and distributes high-quality, cost-effective product solutions to a wide range of commercial and public entities. Kruger Products has approximately 2,700 employees and operates nine FSC® COC-certified (FSC® C-104904) production facilities in North America. For more information visit www.krugerproducts.ca.