Saputo elects 10 directors at annual shareholder meeting

Saputo Inc. (TSX: SAP) announced that all 10 nominees proposed by the board of directors were elected as directors at the company's annual meeting of shareholders held on August 8, 2025.

The elected directors include Lino A. Saputo, Victor L. Crawford, Olu Fajemirokun-Beck, Anthony M. Fata, Annalisa King, Karen Kinsley, Diane Nyisztor, Franziska Ruf, Stanley H. Ryan, and Annette Verschuren. All nominees were listed in the management information circular dated June 5, 2025.

The voting results showed strong shareholder support for most nominees, with nine directors receiving approval rates above 98.4%. Victor L. Crawford received the highest approval rate at 99.94%, while Lino A. Saputo received 96.98% approval with 10.4 million votes against.

The Montreal-based dairy company conducted the election through ballot voting, counting both proxies received by the company and ballots cast at the meeting. The voting results were based on a press release statement from Saputo.

Saputo operates as one of the top ten dairy processors globally, producing cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients across multiple international markets including Canada, Australia, Argentina, the United States, and the United Kingdom.

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