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Air Canada Announces Election of Directors

MONTREAL , June 26, 2020 /CNW Telbec/ - Air Canada (AC.TO) announced today that all of the nominees listed in the management proxy circular dated May 4, 2020 were elected as directors of Air Canada at its Annual Meeting of Shareholders which was held in a virtual only format on Thursday, June 25, 2020 .

All of the nominees have already been serving as directors of Air Canada, except for Amee Chande . The Corporation is pleased to welcome Ms. Chande to the Air Canada Board of Directors.  Ms. Chande is a corporate director as well as a senior advisor to leading companies in the mobility sector. Most recently, Ms. Chande was Chief Commercial Officer for Waymo, Google's self-driving car project and from 2015 to 2018, she was a Managing Director at Alibaba Group where she was the first senior executive hired to lead globalization. Ms. Chande has also held various senior management positions at global retailers. She began her career as a strategy consultant with McKinsey & Company.

Each of the directors was elected by a majority of the votes cast by shareholders present online or represented by proxy at the meeting. The results of the vote are detailed below.

Nominee

Votes For

% For

Votes Withheld

% Withheld






Amee Chande

108,012,106

99.96%

47,788

0.04%






Christie J.B. Clark

102,967,999

95.29%

5,091,894

4.71%






Gary A. Doer

106,669,333

98.71%

1,390,561

1.29%






Rob Fyfe

108,001,662

99.95%

58,231

0.05%






Michael M. Green

105,991,879

98.09%

2,068,015

1.91%






Jean Marc Huot

106,314,167

98.38%

1,745,726

1.62%






Madeleine Paquin

106,890,351

98.92%

1,169,543

1.08%






Calin Rovinescu

108,011,387

99.96%

48,506

0.04%






Vagn Sørensen

97,628,481

90.35%

10,431,412

9.65%






Kathleen Taylor

106,881,698

98.91%

1,178,196

1.09%






Annette Verschuren

107,458,680

99.44%

601,213

0.56%






Michael M. Wilson

106,575,993

98.63%

1,483,900

1.37%

At the meeting, shareholders reappointed PricewaterhouseCoopers LLP as auditors of the Corporation and approved an advisory resolution on Air Canada's approach to executive compensation. Shareholders also ratified Air Canada's shareholder rights plan adopted by the Board of Directors on May 4, 2020 in order to renew the existing shareholder rights plan which was adopted by the Board on March 24, 2017 and ratified by Air Canada's shareholders on May 5, 2017 . A copy of the shareholder rights plan is available on SEDAR at www.sedar.com.

Final voting results on all matters voted on at the meeting will be filed on SEDAR.

About Air Canada

Air Canada is Canada's largest domestic and international airline. Canada's flag carrier is among the 20 largest airlines in the world and in 2019 served over 51 million customers. Air Canada is a founding member of Star Alliance , the world's most comprehensive air transportation network. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax, which also named Air Canada the 2019 Best Airline in North America . For more information, please visit: aircanada.com/media, follow @AirCanada on Twitter and join Air Canada on Facebook

Internet: aircanada.com/media

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