Core Points - Gildan Activewear Inc. announced the election of eight director nominees, all of whom are existing directors, following the resignation of prior board members before the annual meeting [1] - The majority of shareholders voted in favor of the non-binding advisory vote on Executive Compensation and the reappointment of auditors, while a majority opposed a shareholder proposal [2] Voting Results - The appointment of auditors received 129,803,676 votes in favor (95.35%) and 6,330,249 votes against (4.65%) [3] - The election of directors showed varying support, with Michael Kneeland receiving 114,088,449 votes in favor (85.37%) and 19,552,254 against (14.63%), while Karen Stuckey had the highest support with 132,484,543 votes in favor (99.00%) [3] - The advisory vote on Executive Compensation garnered 96,994,211 votes in favor (73.77%) and 34,481,778 against (26.23%) [3] - The shareholder proposal received only 17,778,970 votes in favor (13.52%) against 113,679,318 votes opposed (86.48%) [3] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, serving a diverse customer base [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [5]
Gildan Activewear Reports on Shareholders' Voting Results