#Canada #shareholder meeting #Corporate Governance #GFL Environmental #Vaughan

GFL Environmental's Annual General Meeting: Key Voting Outcomes

On May 14, 2025, GFL Environmental Inc. conducted its annual general meeting of shareholders through a virtual audio webcast. This approach not only facilitated attendance but also ensured shareholder participation during these challenging times. The company reported a decisive outcome with significant votes in favor of all agenda items presented.

Shareholder Votes Breakdown

Shareholders unanimously supported the election of director nominees who play a pivotal role in shaping GFL's governance and future strategies. Here’s a summary of the voting results of the director nominees:

• - Patrick Dovigi: Elected with 408,801,093 votes (94.42%), with 24,168,125 votes withheld (5.58%).
• - Dino Chiesa: Secured 346,112,656 votes (79.14%), alongside 91,244,670 withheld (20.86%).
• - Violet Konkle stood out with an impressive 428,092,900 votes (98.87%), while only 4,876,320 votes were withheld (1.13%).
• - Sandra Levy received support from 356,489,049 votes (81.51%), with 80,868,278 votes withheld (18.49%).
• - Jessica McDonald garnered a similar response with 356,449,998 votes (81.50%), and 80,907,329 votes withheld (18.50%).
• - Arun Nayar earned 346,717,659 votes (79.28%), combined with 90,639,668 withheld (20.72%).
• - Paolo Notarnicola received 340,369,808 votes (77.82%), with 96,987,519 votes withheld (22.18%).
• - Lastly, Ven Poole achieved a notable 428,134,474 votes (98.88%), receiving only 4,834,746 withhold votes (1.12%).

The strong backing of these nominees reflects a solid confidence level among investors regarding the strategic direction of GFL Environmental.

Next Steps & Corporate Outlook

Following the successful completion of the voting, GFL Environmental intends to file the final results on SEDAR+ and EDGAR, ensuring transparency for all stakeholders involved. GFL Environmental, based in Vaughan, Ontario, stands as the fourth-largest diversified environmental services provider in North America. The company’s comprehensive solid waste management services encompass a vast operational footprint, not only throughout Canada but also across 18 U.S. states. With a dedicated workforce of about 15,000 employees, the company is well-positioned to tackle environmental challenges while upholding their commitment to sustainable practices.

As GFL moves forward post-meeting, the collective expertise of the re-elected directors and the new strategies they bring to the table will be imperative in navigating the increasingly complex landscape of environmental management. Stakeholders are keenly watching how GFL adapts and responds to market dynamics, regulations, and community expectations in the coming years.

The results of this meeting not only illustrate a solid governance structure but also set the stage for GFL Environmental’s ambitious plans ahead. Investors should keep an eye on subsequent updates from the company regarding initiatives that may arise from this assembly, especially in the realm of innovation and sustainability in environmental services.

In summary, GFL Environmental's annual meeting showcased a decisive moment for the company, emphasizing shareholder trust and laying the groundwork for its longstanding commitment to providing essential environmental services efficiently and sustainably.