PARKLAND FUEL CORPORATION ANNOUNCES THE RESULTS OF THE 2017 ANNUAL ANDSPECIAL MEETING OF SHAREHOLDERS
CALGARY, Alberta, May 3, 2017 -- Parkland Fuel Corporation (“Parkland”) (TSX:PKI) Canada’s largest independent marketer of fuel and petroleum products, announced that all nine of the nominees listed in its management information circular dated March 28, 2017 (the "Information Circular") were elected as directors of the Corporation and PricewaterhouseCoopers LLP was reappointed as Parkland’s auditor at its annual and special meeting of shareholders held today (the "Meeting"). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:
Resolution 1
Election of directors of Parkland for the ensuing year.
Resolution 2
The reappointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2017.
Resolution 3
The approval of Parkland's amended and restated shareholder rights plan, as set forth and described in the Information Circular.
Resolution 4
The approval of amendments to Parkland’s stock option plan, as set forth and described in the Information Circular.
Resolution 5
The approval of unallocated options under Parkland's stock option plan, as set forth and described in the Information Circular.
Resolution 6
The approval of amendments to Parkland’s restricted share unit plan, as set forth and described in the Information Circular.
Resolution 7
The approval of unallocated restricted share units under Parkland's restricted share unit plan, as set forth and described in the Information Circular.
Resolution 8
The approval, on a non-binding and advisory basis, of Parkland’s approach to executive compensation as more particularly set forth and described in the Information Circular.
Voting results for all matters have been posted on SEDAR.
ABOUT PARKLAND FUEL CORPORATION
Parkland Fuel Corporation delivers gasoline, diesel, propane, lubricants, heating oil and other high-quality petroleum products to motorists, businesses, households and wholesale customers in Canada and the United States. Our mission is to be the partner of choice for our customers and suppliers, and we do this by building lasting relationships through outstanding service, reliability, safety and professionalism.
We are unique in our ability to provide customers with dependable access to fuel and petroleum products, utilizing a portfolio of supply relationships, storage infrastructure, and third-party rail and highway carriers to rapidly respond to supply disruptions in order to protect our customers. FOR FURTHER INFORMATION
Investor Inquiries Ben Brooks Vice President, Treasury & Investor Relations 403-567-2534 [email protected]
Media Inquiries Annie Cuerrier Director, Corporate Communications 403-567-2579 [email protected]
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