{"id":755447,"date":"2023-05-04T20:00:08","date_gmt":"2023-05-05T00:00:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gildan-activewear-reports-on-shareholders-voting-results-2\/"},"modified":"2023-05-04T20:00:08","modified_gmt":"2023-05-05T00:00:08","slug":"gildan-activewear-reports-on-shareholders-voting-results-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gildan-activewear-reports-on-shareholders-voting-results-2\/","title":{"rendered":"Gildan Activewear Reports on Shareholders\u2019 Voting Results"},"content":{"rendered":"
\n

MONTR\u00c9AL, May 04, 2023 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that the ten nominees proposed as directors in its management proxy circular dated March 6, 2023 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its virtual annual and special meeting of shareholders held on May 4, 2023 in Montr\u00e9al. Gildan also notes that a majority of shareholders voted for the non-binding advisory vote on Executive Compensation (\u201cSay on Pay\u201d), the reappointment of its auditors, the ratification and renewal of the Shareholder Rights Plan, and the approval of the two amendments to the Long Term Incentive Plan (each a separate voting item). The majority of shareholders voted against the shareholder proposal.<\/p>\n

The voting results are detailed below:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n FOR<\/strong>\n <\/td>\n\n WITHHELD\/AGAINST<\/strong>\n <\/td>\n<\/tr>\n
\n Number<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\n Number<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n<\/tr>\n
Resolution 1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Appointment of Auditors<\/strong>\n <\/td>\n142,621,232<\/td>\n90.81%<\/td>\n14,429,663<\/td>\n9.19%<\/td>\n<\/tr>\n
Resolution 2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Election of Directors<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Donald C. Berg<\/td>\n150,038,684<\/td>\n96.93%<\/td>\n4,755,753<\/td>\n3.07%<\/td>\n<\/tr>\n
Maryse Bertrand<\/td>\n152,992,037<\/td>\n98.84%<\/td>\n1,802,398<\/td>\n1.16%<\/td>\n<\/tr>\n
Dhaval Buch<\/td>\n153,107,886<\/td>\n98.91%<\/td>\n1,686,549<\/td>\n1.09%<\/td>\n<\/tr>\n
Marc Caira<\/td>\n153,101,747<\/td>\n98.91%<\/td>\n1,692,688<\/td>\n1.09%<\/td>\n<\/tr>\n
Glenn J. Chamandy<\/td>\n154,162,414<\/td>\n99.59%<\/td>\n632,023<\/td>\n0.41%<\/td>\n<\/tr>\n
Shirley E. Cunningham<\/td>\n150,410,559<\/td>\n97.17%<\/td>\n4,383,877<\/td>\n2.83%<\/td>\n<\/tr>\n
Charles M. Herington<\/td>\n150,818,760<\/td>\n97.43%<\/td>\n3,975,675<\/td>\n2.57%<\/td>\n<\/tr>\n
Luc Jobin<\/td>\n151,481,080<\/td>\n97.86%<\/td>\n3,313,358<\/td>\n2.14%<\/td>\n<\/tr>\n
Craig A. Leavitt<\/td>\n151,520,464<\/td>\n97.88%<\/td>\n3,273,973<\/td>\n2.12%<\/td>\n<\/tr>\n
Anne Martin-Vachon<\/td>\n151,098,413<\/td>\n97.61%<\/td>\n3,696,022<\/td>\n2.39%<\/td>\n<\/tr>\n
Resolution 3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Shareholder Rights Plan<\/strong>\n <\/td>\n146,143,419<\/td>\n94.41%<\/td>\n8,651,019<\/td>\n5.59%<\/td>\n<\/tr>\n
Resolution 4\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\n Long Term Incentive Plan (1<\/strong>
\n
\n st<\/strong>
\n <\/sup>
\n Amendment)<\/strong>\n <\/td>\n		150,373,340<\/td>\n97.14%<\/td>\n4,421,097<\/td>\n2.86%<\/td>\n<\/tr>\n
Resolution 5\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\n Long Term Incentive Plan (2<\/strong>
\n
\n nd<\/strong>
\n <\/sup>
\n Amendment)<\/strong>\n <\/td>\n		149,440,922<\/td>\n96.54%<\/td>\n5,353,513<\/td>\n3.46%<\/td>\n<\/tr>\n
Resolution 6\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\n Executive Compensation<\/strong>\n <\/td>\n146,177,931<\/td>\n94.43%<\/td>\n8,616,502<\/td>\n5.57%<\/td>\n<\/tr>\n
Resolution 7\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\n Shareholder Proposal<\/strong>\n <\/td>\n17,215,117<\/td>\n11.12%<\/td>\n137,579,319<\/td>\n88.88%<\/td>\n<\/tr>\n<\/table>\n

\n
\n
\n <\/strong>\n <\/p>\n

\n About Gildan<\/strong>
\n
Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan\u00ae, American Apparel\u00ae, Comfort Colors\u00ae, GOLDTOE\u00ae, Peds\u00ae, and under the Under Armour\u00ae brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. The Company\u2019s product offerings include activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and\/or e-commerce platforms, and to global lifestyle brand companies.<\/p>\n

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company’s long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.<\/p>\n\n\n
\n Investor inquiries:<\/strong>\u00a0
Elisabeth Hamaoui
Director, Investors Relations
514-475-4125
ehamaoui@gilan.com<\/a><\/td>\n		\n Media inquiries:<\/strong>\u00a0
Genevieve Gosselin\u00a0
Director, Global Communications and Corporate Marketing\u00a0
514-343-8814\u00a0
ggosselin@gildan.com<\/u><\/a>\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MONTR\u00c9AL, May 04, 2023 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that the ten nominees proposed as directors in its management proxy circular dated March 6, 2023 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its virtual annual and special meeting of shareholders held on May 4, 2023 in Montr\u00e9al. Gildan also notes that a majority of shareholders voted for the non-binding advisory vote on Executive Compensation (\u201cSay on Pay\u201d), the reappointment of its auditors, the ratification and renewal of the Shareholder Rights Plan, and the approval of the two amendments to the Long Term Incentive Plan (each a separate voting … <\/p>\n

Continue reading “Gildan Activewear Reports on Shareholders\u2019 Voting Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-755447","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGildan Activewear Reports on Shareholders\u2019 Voting Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gildan-activewear-reports-on-shareholders-voting-results-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gildan Activewear Reports on Shareholders\u2019 Voting Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MONTR\u00c9AL, May 04, 2023 (GLOBE NEWSWIRE) — Gildan Activewear Inc. 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