{"id":863437,"date":"2025-06-24T17:33:05","date_gmt":"2025-06-24T21:33:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/algoma-steel-group-inc-announces-results-of-voting-at-annual-meeting-of-shareholders\/"},"modified":"2025-06-24T17:33:05","modified_gmt":"2025-06-24T21:33:05","slug":"algoma-steel-group-inc-announces-results-of-voting-at-annual-meeting-of-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/algoma-steel-group-inc-announces-results-of-voting-at-annual-meeting-of-shareholders\/","title":{"rendered":"Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders"},"content":{"rendered":"
\n

SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (\u201cAlgoma\u201d or \u201cthe Company\u201d), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its annual meeting of shareholders (the \u201cMeeting\u201d) held on June 24, 2025.<\/p>\n

All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Nominee<\/strong>\n <\/td>\n\n Votes For<\/strong>\n <\/td>\n\n Votes Withheld<\/strong>\n <\/td>\n\n Total Votes<\/strong>\n <\/td>\n<\/tr>\n
Mary Anne Bueschkens<\/td>\n63,288,046<\/td>\n1,619,736<\/td>\n64,907,782<\/td>\n<\/tr>\n
Sean Donnelly<\/td>\n63,618,650<\/td>\n1,289,132<\/td>\n64,907,782<\/td>\n<\/tr>\n
Michael Garcia<\/td>\n63,619,558<\/td>\n1,288,224<\/td>\n64,907,782<\/td>\n<\/tr>\n
James Gouin<\/td>\n63,618,100<\/td>\n1,289,682<\/td>\n64,907,782<\/td>\n<\/tr>\n
Andy Harshaw<\/td>\n63,514,669<\/td>\n1,393,113<\/td>\n64,907,782<\/td>\n<\/tr>\n
Sanjay Nakra<\/td>\n63,563,641<\/td>\n1,344,141<\/td>\n64,907,782<\/td>\n<\/tr>\n
Melinda J. Newman<\/td>\n63,512,570<\/td>\n1,395,212<\/td>\n64,907,782<\/td>\n<\/tr>\n
Eric S. Rosenfeld<\/td>\n62,962,411<\/td>\n1,945,371<\/td>\n64,907,782<\/td>\n<\/tr>\n
Gale Rubenstein<\/td>\n63,480,639<\/td>\n1,427,143<\/td>\n64,907,782<\/td>\n<\/tr>\n
David D. Sgro<\/td>\n59,221,098<\/td>\n5,686,684<\/td>\n64,907,782<\/td>\n<\/tr>\n<\/table>\n

\n
The Company reports that the appointment of Deloitte LLP as the Company\u2019s auditors for the 2025 calendar year was passed by a majority of the votes represented at the Meeting.<\/p>\n

The Company also reports that the non-binding advisory resolution on executive compensation, outlined in the management information circular dated May 1, 2025, was approved by a majority of votes at the Meeting. The circular is available on SEDAR+ and the Securities and Exchange Commission\u2019s (\u201cSEC\u201d) EDGAR website.<\/p>\n

The Company\u2019s full report of voting results on matters presented at the Meeting can be found under the Company\u2019s profile on SEDAR+ at www.sedarplus.ca and on the SEC\u2019s EDGAR website at www.sec.gov.<\/p>\n

\n Cautionary<\/strong>
\n Statement<\/strong>
\n Regarding<\/strong>
\n Forward-Looking<\/strong>
\n Statements<\/strong>\n <\/p>\n

This news release contains \u201cforward-looking information\u201d under applicable Canadian securities legislation and \u201cforward-looking statements\u201d within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, \u201cforward-looking statements\u201d), including statements regarding Algoma\u2019s transition to electric arc furnace (EAF) steelmaking, Algoma\u2019s future as a leading producer of green steel, Algoma\u2019s modernization of its plate mill facilities, transformation journey, ability to deliver greater and long-term value, ability to offer North America a secure steel supply and a sustainable future, and investment in its people, and processes. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cdesign,\u201d \u201cpipeline,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. Readers should also consider the other risks and uncertainties set forth in the section entitled \u201cRisk Factors\u201d and \u201cCautionary Note Regarding Forward-Looking Information\u201d in Algoma\u2019s Annual Information Form, filed by Algoma with applicable Canadian securities regulatory authorities (available under the company\u2019s SEDAR+ profile at www.sedarplus.com) and with the SEC, as part of Algoma\u2019s Annual Report on Form 40-F (available at www.sec.gov), as well as in Algoma\u2019s current reports with the Canadian securities regulatory authorities and SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Algoma assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n

\n About Algoma Steel <\/strong>\n <\/p>\n

Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products, including sheet and plate. Driven by a purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its state-of-the-art Direct Strip Production Complex (\u201cDSPC\u201d) is one of the lowest-cost producers of hot rolled sheet steel (HRC) in North America.<\/p>\n

Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship to significantly lower carbon emissions. Today, Algoma is investing in its people and processes, working safely, as a team to become one of North America\u2019s leading producers of green steel.<\/p>\n

As a founding industry in their community, Algoma is drawing on the best of its rich steelmaking tradition to deliver greater value, offering North America the comfort of a secure steel supply and a sustainable future.<\/p>\n

For more information, please contact:
Michael Moraca\u00a0<\/strong>
Vice President – Corporate Development & Treasurer
Phone: 705.945.3300\u00a0
E-mail:\u00a0IR@www.algoma.com<\/a>\u00a0\u00a0<\/p>\n

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

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

SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (\u201cAlgoma\u201d or \u201cthe Company\u201d), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its annual meeting of shareholders (the \u201cMeeting\u201d) held on June 24, 2025. All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below: Nominee Votes For Votes Withheld Total Votes Mary Anne Bueschkens 63,288,046 1,619,736 64,907,782 Sean Donnelly 63,618,650 1,289,132 64,907,782 Michael Garcia 63,619,558 1,288,224 64,907,782 James Gouin 63,618,100 1,289,682 64,907,782 … <\/p>\n

Continue reading “Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders”<\/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-863437","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlgoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders - 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\/algoma-steel-group-inc-announces-results-of-voting-at-annual-meeting-of-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algoma Steel Group Inc. 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