Press release
Sundial Announces Results of its Annual and Special Meeting of Shareholders and Details of the Share Consolidation
CALGARY, AB, July 25, 2022 /PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") is pleased to announce all of the resolutions put
About this update from Sndl Inc.
[{"type":"text","content":"CALGARY, AB, July 25, 2022 /PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL) (\"Sundial\" or the \"Company\") is pleased to announce all of the resolutions put to holders of common shares (the \"Common Shares\") of the Company (the \"Shareholders\") at the reconvened annual and special meeting held virtually today (the \"Meeting\") were passed. The Meeting was originally held on July 21, 2022, and was adjourned, without any business being considered, due to a lack of quorum. Under the by-laws of the Company and the interim order granted by the Court of Queen's Bench of Alberta in respect of the Meeting, those shareholders who attended the Meeting today, in person or by proxy, constituted a quorum.\n\n \n \n \n \n \n \n\n \nAt the Meeting, Shareholders approved: (i) fixing the number of directors of the Company at five members; (ii) electing each of Greg Mills, Zach George, Lori Ell, Bryan Pinney and Gregory Turnbull as directors of the Company for the ensuing year; and (iii) appointing Marcum LLP as the auditors of the Company for the ensuing year and authorizing the board of directors of the Company to set their remuneration.\nThe following votes were received with respect to fixing the number of directors of the Company at five members:\nNumber of Common Shares For\n% For\nNumber of Common Shares Against\n% Against\n248,538,308\n80.56\n59,980,648\n19.44\nThe following votes were received with respect to each director nominee:\nNumber of Common Shares For\n% For\nNumber ofCommon Shares Withheld\n% Withheld\nGreg Mills\n244,538,362\n79.26 %\n63,980,594\n20.74 %\nZach George\n271,834,592\n88.11 %\n36,684,366\n11.89 %\nLori Ell\n243,674,490\n78.98 %\n64,844,468\n21.02 %\nBryan Pinney\n243,544,594\n78.94 %\n64,974,363\n21.06 %\nGregory Turnbull\n275,055,211\n89.15 %\n33,463,745\n10.85 %\nThe following votes were received with respect to appointing Marcum LLP as the auditors of the Company:\nNumber of Common Shares For\n% For\nNumber of Common Shares Withheld\n% Withheld\n280,957,048\n91.07 %\n27,561,908\n8.93 %\nAdditionally, Shareholders approved, as special resolutions:\n(i)\namending the articles of Sundial to change of name of the Company from \"Sundial Growers Inc.\" to \"SNDL Inc.\" (the \"Name Change\");\n(ii)\na consolidation of all of the issued and outstanding Common Shares (the \"Share Consolidation\") on the basis of n...