Chemtrade Announces Voting Results From Annual Meeting of Unitholders

TORONTO--(BUSINESS WIRE)--Chemtrade Logistics Income Fund (TSX: CHE.UN) (the ' Fund ') today announced results for matters voted on at the Fund's annual meeting of unitholders held in Toronto on May 13, 2025. A total of 37,463,472 units, or 32.24% of the Fund's issued and outstanding units as at the record date, were voted by proxy in connection with the annual meeting.
Election of Trustees
On a vote by show of hands, the following nominees were elected as trustees of the Fund, for a term expiring at the conclusion of the next annual meeting of unitholders of the Fund or until their successors are elected or appointed. The following proxy votes from unitholders with respect to the election of the eight nominees are set out below:
Nominees
Units Voted For
% For
Units Voted
Withheld
% Withheld
Douglas Muzyka
36,120,511
98.51%
545,643
1.49%
Lucio Di Clemente
35,659,719
97.26%
1,006,435
2.74%
Daniella Dimitrov
35,754,525
97.51%
911,629
2.49%
Luc Doyon
35,852,756
97.78%
813,398
2.22%
Gary Merasty
35,955,909
98.06%
710,245
1.94%
Emily Moore
36,144,589
98.58%
521,565
1.42%
Suzann Pennington
36,204,983
98.74%
461,171
1.26%
Scott Rook
36,147,407
98.59%
518,747
1.41%
Expand
Appointment of Auditors
On a vote by show of hands, KPMG LLP was reappointed as auditor of the Fund to hold office until the next annual meeting of unitholders of the Fund or until a successor is appointed, and the trustees of the Fund were authorized to fix the auditors' remuneration. The following proxy votes from unitholders with respect to the appointment of KPMG LLP as auditors of the Fund are set out below:
Vote Regarding Approach to Executive Compensation ('Say on Pay')
On a non-binding advisory vote by show of hands, unitholders approved by majority the Fund's approach to executive compensation disclosed in the Circular. The following proxy votes from unitholders with respect to the 'Say on Pay' vote are set out below:
Trustee and Committee Changes
On the day of the Meeting, Katherine Rethy retired as a Trustee. Douglas Muzyka, Chair of the Board, thanked Ms. Rethy for her valuable and thoughtful contributions, and decade of service. Suzann Pennington was appointed as a member of both the Human Capital and Compensation Committee and the Responsible Care Committee.
About Chemtrade
Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America's largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite and sodium hydrosulphite. Chemtrade is also a leading producer of high purity sulphuric acid for the semiconductor industry in North America. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

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