Full Press Release Details
Report of Voting Results
Annual and Special Meeting of Shareholders
held on Thursday, June 28, 2018
accordance with Section 11.3 of National Instrument 51-102, this is a report on the matters put to a vote at the Corporation s Annual and Special Meeting of Shareholders held on Thursday,
| Voted For | % Voted For | Withheld from Voting | % Withheld from Voting | |||||||||||||
| 1. Election of Directors Elected | ||||||||||||||||
| Each of the nominees for election as a director of the Corporation listed in the management proxy circular dated May 28, 2018 was elected to serve as a director of the Corporation until the next Annual Meeting of Shareholders or until his successor is are elected or appointed, subject to the provisions of the Corporation s by-laws. The vote was conducted by ballot. | ||||||||||||||||
| Jason Adler | 55,812,136 | 99.75 | % | 137,370 | 0.25 | % | ||||||||||
| Michael Coates | 55,794,005 | 99.72 | % | 155,501 | 0.28 | % | ||||||||||
| Alan Friedman | 55,771,697 | 99.68 | % | 177,809 | 0.32 | % | ||||||||||
| Michael Gorenstein | 55,665,435 | 99.49 | % | 284,071 | 0.51 | % | ||||||||||
| James Rudyk | 55,414,620 | 99.04 | % | 534,886 | 0.96 | % | ||||||||||
| Voted For | % Voted For | Withheld from Voting | %Withheld from Voting* | |||||||||||||
| 2. Appointment of Auditors Passed | 90,776,321 | 98.98 | % | 933,584 | 1.02 | % | ||||||||||
| KPMG LLP was appointed auditor of the Corporation and the directors were authorized to fix the remuneration of the auditors of the Corporation. The vote was conducted by a show of hands and proxies were received as follows: | ||||||||||||||||
| Voted For | % Voted For | Voted Against | % Voted Against | |||||||||||||
| 3. Approval of By-Law No. 5 Passed | 53,880,090 | 97.88 | % | 1,168,120 | 2.12 | % | ||||||||||
| The ordinary resolution ratifying and confirming the repeal of By-Law No. 3 and By-Law No. 4 of the Corporation and confirming and approving By-Law No. 5 of the Corporation set out on page 12 of the Corporation s Management Information Circular dated as of May 28, 2018 was adopted. The vote was conducted by a show of hands and proxies were received as follows: |
| Voted For | % Voted For | Voted Against | % Voted Against | |||||||||||||
| 4. Approval of the 2018 Option Plan - Passed | 54,554,435 | 99.10 | % | 493,775 | 0.90 | % | ||||||||||
| The ordinary resolution approving the Corporation s 2018 Stock Option Plan set out on pages 16 and 17 of the Corporation s Management Information Circular dated as of May 28, 2018 was approved. The vote was conducted by a show of hands and proxies were received as follows: |
DATED at Toronto this
28th day of June, 2018.
| CRONOS GROUP INC. | ||
| By: | (signed) Xiuming Shum | |
| Xiuming Shum | ||
| General Counsel and Corporate Secretary |