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Kinross announces Annual Shareholder Meeting voting results New board member appointed

Management Changes Shareholder Meetings

Kinross announces Annual Shareholder Meeting voting results

New board member appointed

TORONTO, May 07, 2020 -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the

election of its Board of Directors, which took place at the Company’s virtual Annual and Special Meeting of Shareholders on

May 6, 2020.

The nominees listed in the Management Information Circular dated March 11, 2020 were elected as directors of Kinross at the

meeting (see detailed voting results below). The Company is also pleased to announce the appointment of a new director, Mr.

Glenn A. Ives (biography is below).

The appointment brings membership on the Kinross board of directors to ten, following the appointment of Elizabeth D.

McGregor, announced in November 2019.

Board of Directors voting results

Nominee Votes for % for Votes withheld % withheld

Ian Atkinson 815,205,689 97.27 22,917,576 2.73

John A. Brough 814,475,300 97.18 23,647,965 2.82

Kerry D. Dyte 836,470,243 99.80 1,653,022 0.20

Glenn A. Ives 836,441,872 99.80 1,681,393 0.20

Ave G. Lethbridge 831,890,453 99.26 6,232,812 0.74

Elizabeth D. McGregor 836,391,533 99.79 1,731,732 0.21

Catherine McLeod-

Seltzer

742,075,826 88.54 96,047,439 11.46

Kelly J. Osborne 832,756,769 99.36 5,366,496 0.64

J. Paul Rollinson 836,435,406 99.80 1,687,859 0.20

David A. Scott 832,679,591 99.35 5,443,674 0.65

Glenn A. Ives

Mr. Ives is an audit specialist in the mining and financial sectors and held various leadership positions with Deloitte Canada

during his tenure from 1999 to 2020. He served as Deloitte’s mining leader for North and South America from 2007 to March

2020, and was Executive Chair from 2010 to 2018. He served as an Audit Partner from 1999 to 2010. Prior to joining Deloitte,

Mr. Ives held progressively senior leadership roles in the mining industry, including CFO and Director of Vengold Inc. from 1993

to 1999, and Director and Vice-President of Finance for TVX Gold Inc. from 1988 to 1999. Mr. Ives is currently the Chair of

University of Waterloo’s School of Accounting and Finance Advisory Board and a director of the St. Paul’s Hospital Foundation

(Vancouver) and the Canadian Nature Museum Foundation. Mr. Ives holds a Bachelor of Mathematics (Honours) from the

University of Waterloo and is a Fellow of the Chartered Professional Accountants and a member of Chartered Professional

Accountants of British Columbia and Ontario.

Voting results on the other items of business at the Annual and Special Meeting of Shareholders are as follows:

Appointment of auditors

Votes for % for Votes withheld % withheld

902,687,041 99.27 6,637,909 0.73

Reduction to the Stated Capital of the Company

Votes for % for Votes against % withheld

901,472,342 99.14 7,852,608 0.86

“Say on Pay” advisory resolution

Votes for % for Votes against % withheld

776,959,417 92.70 61,163,848 7.30

A report on all matters voted on at the meeting has been filed on SEDAR.

About Kinross Gold Corporation

Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Chile, Ghana,

Mauritania, and Russia. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock

Exchange (symbol:KGC).

Media Contact

Louie Diaz

Senior Director, Corporate Communications

phone: 416-369-6469

[email protected]

Investor Relations Contact

Tom Elliott

Senior Vice-President, Investor Relations and Corporate Development

phone: 416-365-3390

[email protected]

Source: Kinross Gold Corporation