Lucara Reports Voting Results from Annual Meeting
Tel: +1 604 674 0272 Suite 2800, Four Bentall Centre lucaradiamond.com
[email protected] 1055 Dunsmuir Street, PO Box 49225
Vancouver, BC, V7X 1L2
May 10, 2024
PRESS RELEASE
LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING
VANCOUVER, May 10, 2024 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)
Lucara Diamond Corp. (“Lucara” or the “Company”) held its Annual General and Special Meeting of shareholders in
Vancouver, British Columbia today. Shareholders voted as follows on the matters before the meeting:
Board Members
Shareholders elected the following 7 board members with shareholders represented at the meeting voting in favour
of individual directors as follows:
Director Votes
For
% Votes
For
Votes
Withheld
% Votes
Withheld
Sheila Colman 168,104,342 77.54% 48,685,353 22.46%
Paul Conibear 165,804,491 76.48% 50,985,204 23.52%
David Dicaire 212,797,320 98.16% 3,992,375 1.84%
Ian Gibbs 213,012,431 98.26% 3,777,264 1.74%
William Lamb 212,492,282 98.02% 4,297,413 1.98%
Adam Lundin 216,457,252 99.85% 332,443 0.15%
Peter J. O’Callaghan 153,988,015 71.03% 62,801,680 28.97%
The Company would like to acknowledge the contributions of Catherine McLeod-Seltzer and Marie Inkster, who did
not stand for re-election as Directors of the Company. In addition to serving as a long -standing Director, Catherine
also played a role in founding the Company.
Paul Conibear, Chair of the Board said, “Both Catherine and Marie have been valuable members of the Board for
many years, and on behalf of the Company, shareholders and my fellow Board members, we would like to express
gratitude to both Catherine and Marie for their guidance and contribution to the Company.”
Appointment of Auditors
Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara’s auditors with 95.77% of shareholders voting in
favour.
Ordinary Resolutions for the Share Issuance
Disinterested shareholders passed an ordinary resolution to authorize and approve the issuance of up to 1,125,000
common shares of the Company to Nemesia S.à.r.l., pursuant to the terms of a debenture agreement, as required
pursuant to the rules of the Toronto Stock Exchange. This resolution passed with 97.34% of votes cast in favour.
Advisory Resolution on Executive Compensation
Management’s approach to executive compensation, also disclosed in Lucara’s management proxy circular dated
April 5, 2024 was approved with 97.79% of shares represented at the meeting voting in favour.
2
Following the meeting, Paul Conibear will continue to serve as Chairman of the Board.
On behalf of the Board,
William Lamb
President and Chief Executive Officer
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For further information, please contact:
Vancouver Hannah Reynish, Investor Relations & Communications
+1 604 674 0272| [email protected]
Sweden Robert Eriksson, Investor Relations & Public Relations
+46 701 112615 | [email protected]
UK Public Relations Charles Vivian / Jos Simson, Tavistock
+447788554035 | [email protected]
ABOUT LUCARA
Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned
Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the
Company’s operations and development activities. Clara Diamond Solutions Limited Partnership (“Clara”), a wholly-
owned subsidiary of Lucara, has developed a secure, digital sales platform that uses proprietary analytics together
with cloud and blockchain technologies to modernize the existing dia mond supply chain, driving efficiencies,
unlocking value and ensuring diamond provenance from mine to finger. Lucara has an experienced board and
management team with extensive diamond development and operations expertise. Lucara and its subsidiaries
operate transparently and in accordance with international best practices in the areas of sustainability, health and
safety, environment, and community relations. Lucara has adopted the IFC Performance Standards and the World
Bank Group’s Environmental, Health and Safety Guidelines for Mining (2007). Accordingly, the development of the
Karowe underground expansion project (“UGP”) adheres to the Equator Principles. Lucara is committed to upholding
high standards while striving to deliver long-term economic benefits to Botswana and the communities in which the
Company operates.
The information in this release is accurate at the time of distribution but may be superseded or qualified by
subsequent news releases.
The information was submitted for publication, through the agency of the contact person set out above, on May 10,
2024 at 3:30 p.m. Pacific Time.