#Canada #Eco-Friendly #shareholder meeting #Cascades Inc. #Kingsey Falls

Cascades Inc. Reports Successful Election of Directors

Cascades Inc., a prominent player in the eco-friendly recovery and packaging sector, recently held its Annual General Meeting on May 8, 2025, where shareholders cast their votes to elect a new board of directors. This year's election showcased a significant turnout from shareholders, emphasizing their commitment to the company's future directions and leadership.

During the meeting, eleven candidates were nominated, and they all successfully secured positions on the board by receiving a majority of the votes cast by shareholders. The percentage of votes in favor for each nominee demonstrated strong backing, reflecting the confidence stakeholders have in the elected directors' abilities to steer the company forward.

Election Results

The election results were as follows:

• - Alain Lemaire: 94.37% of votes in favor (69,643,629 votes for; 4,157,707 votes withheld)
• - Sylvie Lemaire: 93.34% (68,884,558 for; 4,916,778 withheld)
• - Sylvie Vachon: 92.49% (68,258,391 for; 5,542,945 withheld)
• - Hugues Simon: 95.46% (70,449,825 for; 3,351,510 withheld)
• - Michelle Cormier: 94.49% (69,733,853 for; 4,067,483 withheld)
• - Patrick Lemaire: 92.33% (68,140,548 for; 5,660,787 withheld)
• - Hubert T. Lacroix: 93.60% (69,079,056 for; 4,722,280 withheld)
• - Mélanie Dunn: 97.84% (72,206,158 for; 1,595,178 withheld)
• - Nelson Gentiletti: 95.24% (70,286,309 for; 3,515,026 withheld)
• - Elif Lévesque: 97.83% (72,199,026 for; 1,602,310 withheld)
• - Alex N. Blanco: 95.63% (70,575,094 for; 3,226,242 withheld)

The results reflect a robust affirmation of the director candidates, underscoring their collective experience and strategic vision aligned with Cascades' mission.

Cascades’ Commitment

Founded in 1964, Cascades has been instrumental in providing sustainable and innovative solutions across the packaging, hygiene, and recovery sectors. The company prides itself on its eco-friendly practices and aims to enhance the well-being of communities and the environment. As a company committed to promoting sustainability, it employs approximately 10,000 employees across nearly 70 production units in North America. Their dedication towards innovation, backed by continuous research and development efforts, has positioned the company favorably within the market.

Cascades' management philosophy emphasizes long-term growth and sustainability, attributes evident in its recent shareholder meeting results. The strong support from shareholders showcases not only trust in the newly elected board members but also a shared vision for the company's future.

As Cascades continues to evolve within the industry, it maintains its focus on delivering solutions that meet contemporary challenges while fulfilling the needs of its customers. The elected directors are expected to utilize their extensive backgrounds to foster innovation and drive the company towards achieving its strategic objectives.

Conclusion

The successful election at the Annual General Meeting stands as a testament to Cascades Inc.'s ongoing commitment to effective corporate governance and stakeholder engagement. The consolidated efforts of the newly elected board are anticipated to propel the company as it navigates through an increasingly competitive and environmentally-conscious landscape. Stakeholders and customers alike can expect Cascades to remain at the forefront of sustainable practices and innovation in the recovery and packaging sectors as they move forward into the future.