Press release
Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders
SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian
About this update from Algoma Steel Group Inc.
[{"type":"text","content":"SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its annual meeting of shareholders (the “Meeting”) held on June 24, 2025. All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below: NomineeVotes ForVotes WithheldTotal VotesMary Anne Bueschkens63,288,0461,619,73664,907,782Sean Donnelly63,618,6501,289,13264,907,782Michael Garcia63,619,5581,288,22464,907,782James Gouin63,618,1001,289,68264,907,782Andy Harshaw63,514,6691,393,11364,907,782Sanjay Nakra63,563,6411,344,14164,907,782Melinda J. Newman63,512,5701,395,21264,907,782Eric S. Rosenfeld62,962,4111,945,37164,907,782Gale Rubenstein63,480,6391,427,14364,907,782David D. Sgro59,221,0985,686,68464,907,782 The Company reports that the appointment of Deloitte LLP as the Company’s auditors for the 2025 calendar year was passed by a majority of the votes represented at the Meeting. The Company also reports that the non-binding advisory resolution on executive compensation, outlined in the management information circular dated May 1, 2025, was approved by a majority of votes at the Meeting. The circular is available on SEDAR+ and the Securities and Exchange Commission’s (“SEC”) EDGAR website. The Company’s full report of voting results on matters presented at the Meeting can be found under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the SEC’s EDGAR website at www.sec.gov. Cautionary Statement Regarding Forward-Looking Statements This news release contains “forward-looking information” under applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”), including statements regarding Algoma’s transition to electric arc furnace (EAF) steelmaking, Algoma’s future as a leading producer of green steel, Algoma’s modernization of its plate mill facilities, transformation journey, ability to deliver greater and long-term value, ability to offer North America a secure st...