Centerra Gold Shareholders Back Board Slate, KPMG and Executive Pay at Annual Meeting

Centerra Gold (NYSE:CGAU) shareholders approved each ceremonial items of concern astatine the company’s yearly wide meeting, including the predetermination of 8 directors, the reappointment of KPMG LLP arsenic auditor and a non-binding advisory solution connected enforcement compensation.

The virtual-only gathering was chaired by Paul Wright, seat of Centerra’s committee of directors. Wright was joined by President and Chief Executive Officer Paul Tomory and Corporate Secretary Yousef Rehman, on with members of the company’s committee and management.

→ Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking

Wright said the gathering was duly constituted aft the institution confirmed quorum based connected the scrutineer’s attendance report. TSX Trust Company served arsenic scrutineer for the meeting.

Shareholders Elect Eight Directors

Shareholders elected each 8 nominees enactment guardant successful Centerra’s absorption accusation circular. Wright said 1 nominee, John Kitlen, was lasting for predetermination to the board, portion the different 7 nominees were incumbent directors lasting for re-election.

→ Wells Fargo’s Comeback Is Real—But Not Risk-Free

The elected directors are:

• Aaron David Green

• Wendy Kei

• John Kitlen

• Nancy Lipson

• Craig McDougall

• Michael Parrett

• Paul Tomory

• Paul Wright

Wright noted that Centerra has adopted an beforehand announcement bylaw requiring manager nominations to beryllium submitted up of the meeting. He said nary further nominations had been received.

KPMG Reappointed arsenic Auditor

→ Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance

Shareholders besides approved the assignment of KPMG LLP arsenic Centerra’s auditor for the ensuing year. The solution authorized the company’s directors to hole the remuneration to beryllium paid to the auditor.

Wright said the scrutineer reported that the question appointing KPMG LLP and authorizing the directors to acceptable its wage had been carried.

Executive Compensation Resolution Approved

Centerra shareholders approved a non-binding advisory solution accepting the company’s attack to enforcement compensation, arsenic described successful the absorption accusation circular.