Osisko Announces the Voting Results from Its Annual Meeting of Shareholders
(Montreal, May 9, 2024) Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces that, at the annual meeting of shareholders held on May 9, 2024, each of the 9 nominees listed in the management information circular filed on April 8, 2024 (the “Circular”) with regulatory authorities were elected as directors of the Corporation. There were 149,592,121 common shares present or represented at the meeting or 80.47% of the 185,904,342 common shares issued and outstanding on March 22, 2024, being the record date for the meeting.
Election of Directors
Based on the proxies received by the Corporation and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders’ meeting, with the following results:
| RESOLUTION No1 Name of Nominees | Votes cast FOR | Percentage (%) of votes cast FOR | Votes WITHHELD | Percentage (%) of votes cast WITHHELD |
|---|---|---|---|---|
| Jason Attew | 141,533,719 | 99.91 | 130,500 | 0.09 |
| Joanne Ferstman | 132,972,924 | 93.86 | 8,691,295 | 6.14 |
| Edie Hofmeister | 130,549,020 | 92.15 | 11,115,199 | 7.85 |
| W. Murray John | 128,585,347 | 90.77 | 13,078,872 | 9.23 |
| Robert Krcmarov | 139,155,250 | 98.23 | 2,508,969 | 1.77 |
| Pierre Labbé | 136,436,250 | 96.31 | 5,277,969 | 3.69 |
| Norman MacDonald | 138,168,769 | 97.53 | 3,495,450 | 2.47 |
| Candace MacGibbon | 136,535,083 | 96.38 | 5,129,136 | 3.62 |
| David Smith | 141,529,055 | 99.90 | 135,164 | 0.10 |
Appointment and Remuneration of Auditor
Based on the proxies received by the Corporation and the votes on a show of hands, PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as independent auditor of the Corporation for the ensuing year and the directors are authorized to fix its remuneration, with the following results:
| RESOLUTION No2 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes WITHHELD | Percentage (%) of votes cast WITHHELD |
|---|---|---|---|---|
| Appointment and Remuneration of Auditor | 148,954,957 | 99.58 | 629,150 | 0.42 |
Approval of the unallocated rights and entitlements under the Employee Share Purchase Plan
Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve the unallocated rights and entitlements under the Employee Share Purchase Plan, the results on this matter were as follows:
| RESOLUTION No3 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) of votes cast AGAINST |
|---|---|---|---|---|
| Ordinary Resolution to approve the unallocated rights and entitlements under the Employee Share Purchase Plan | 140,450,900 | 99.14 | 1,213,316 | 0.86 |
Approval of the unallocated rights and entitlements under the Restricted Share Unit Plan
Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve the unallocated rights and entitlements under the Restricted Share Unit Plan, the results on this matter were as follows:
| RESOLUTION No4 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) of votes cast AGAINST |
|---|---|---|---|---|
| Ordinary Resolution to approve the unallocated rights and entitlements under the Restricted Share Unit Plan | 136,585,378 | 96.41 | 5,078,832 | 3.59 |
Advisory Resolution on Executive Compensation
Based on the proxies received by the Corporation and the votes on a show of hands with respect to the adoption of an advisory resolution accepting the Corporation’s approach to executive compensation, the results on this matter were as follows:
| RESOLUTION No5 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) of votes cast AGAINST |
|---|---|---|---|---|
| Advisory Resolution on Executive Compensation | 134,532,328 | 94.97 | 7,131,903 | 5.03 |
About Osisko Gold Royalties Ltd
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American focused portfolio of over 185 royalties, streams and precious metal offtakes, including 19 producing assets. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada’s largest gold operations.
Osisko’s head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.
For further information, please contact Osisko Gold Royalties Ltd:
Grant Moenting Heather Taylor Vice President, Capital Markets Vice President, Sustainability & Communications Tel: (514) 940-0670 #116 Tel: (514) 940-0670 #105 Mobile: (365) 275-1954 Email: [email protected] Email: [email protected]