Stelco (STLC) AGM 2024 summary

Opening remarks and agenda

• Meeting opened with a welcome and instructions for participation, including Q&A procedures.

• Formal agenda included receiving financial statements, electing directors, and reappointing the auditor.

• Rules for orderly conduct and voting procedures were outlined at the start.

Board and executive committee updates

• Director nominees were introduced, including all current board members in attendance.

• No further nominations for directors were received from shareholders.

Overview of voting outcomes

• Quorum was confirmed with 66.54% of outstanding shares represented.

• Overwhelming majority voted in favor of all eight director nominees, who were elected for the next term.

• KPMG LLP was reappointed as auditor with an overwhelming majority, and the board was authorized to fix their remuneration.