Pan American Silver Corp. 1 Pan American Silver Announces Results of Annual General and Special Shareholders Meeting
Suite 1500 - 625 Howe St. Vancouver, BC Canada, V6C 2T6 604-684-1175 www.panamericansilver.com
PAN AMERICAN SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL SHAREHOLDERS MEETING
Vancouver, British Columbia – May 12, 2016 – Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) (the “Company”) is pleased to announce the voting results from its annual general and special meeting of shareholders held on Wednesday, May 11, 2016, in Vancouver, British Columbia.
A total of 106,751,287 shares were represented at the meeting, being 70.23% of the Company’s issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year, the authorization of the directors to fix the remuneration payable to the auditors, the acceptance of the Company’s approach to executive compensation, otherwise known as say-on-pay, and the election of management’s nominees as directors.
Director Voting
| Director Nominee | Votes For | Votes Withheld |
| Ross J. Beaty | 75,083,341 (99.21%) | 594,366 (0.79%) |
| Michael L. Carroll | 75,149,035 (99.30%) | 528,672 (0.70%) |
| Christopher Noel Dunn | 74,203,256 (98.05%) | 1,474,451 (1.95%) |
| Neil de Gelder | 74,960,972 (99.05%) | 716,735 (0.95%) |
| David C. Press | 74,540,062 (98.50%) | 1,137,645 (1.50%) |
| Walter Segsworth | 74,402,786 (98.32%) | 1,274,921 (1.68%) |
| Michael Steinmann | 75,127,236 (99.27%) | 550,471 (0.73%) |
| Gillian D. Winckler | 75,092,915 (99.23%) | 584,792 (0.77%) |
Say-on-Pay Voting
| Resolution | Votes For | Votes Against |
| Advisory resolution approving the Company’s approach to executive compensation | 71,098,852 (93.71%) | 4,770,196 (6.29%) |
PAN AMERICAN SILVER CORP. 1
ABOUT PAN AMERICAN SILVER
Pan American Silver’s mission is to be the world’s pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia. Pan American also owns several development projects in the USA, Mexico, Peru and Argentina.
INFORMATION CONTACT
Kettina Cordero Manager, Investor Relations (604) 684-1175 [email protected] www.panamericansilver.com
PAN AMERICAN SILVER CORP. 2