Element Announces Annual Meeting Voting Results

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, confirmed today that all ten nominees listed in its management information circular dated April 1, 2024 were elected as directors at the Annual Meeting of Shareholders held on May 15, 2024 (the “Meeting”), with each director receiving strong support as demonstrated by the results below. A total of 338,248,770 common shares (approximately 86.96% of the outstanding common shares) were represented in person or by proxy at the Meeting.

“We would like to thank our shareholders for their engagement, as demonstrated by turnout of over 86% of shares voted, and also for their continued support as evidenced by strong voting results at the Meeting,” said Laura Dottori-Attanasio, President and Chief Executive Officer of Element.

The detailed results of the vote for the election of directors at the Meeting are set out below:

	Votes for	% for (of votes cast)	Votes withheld	% withheld (of votes cast)
Virginia Addicott	335,969,794	99.84%	537,484	0.16%
Andrew Clarke	335,968,960	99.84%	538,318	0.16%
Laura Dottori-Attanasio	336,020,764	99.86%	486,514	0.14%
G. Keith Graham	335,402,443	99.67%	1,104,835	0.33%
Joan Lamm-Tennant	306,316,826	91.03%	30,190,452	8.97%
Rubin J. McDougal	335,796,572	99.79%	710,706	0.21%
Arielle Meloul-Wechsler	322,003,655	95.69%	14,503,623	4.31%
Andrea Rosen	335,072,737	99.57%	1,434,541	0.43%
Kathleen Taylor	330,016,140	98.07%	6,491,138	1.93%
Luis Tellez	336,423,148	99.97%	84,130	0.03%

In addition, shareholders approved an advisory resolution (say on pay) on executive compensation with 96.95% of votes cast in favour of the resolution, and approved the re-appointment of Ernst & Young LLP as the Company’s independent auditors.