TORONTO, ONTARIO–(Marketwired – June 14, 2016) –
NOT FOR DISTRIBUTION IN THE U.S.A. OR OVER U.S. WIRE SERVICES
KP Tissue Inc. (“KPT”) (TSX:KPT) held its Annual Meeting of shareholders earlier today. All candidates proposed as directors were duly elected to the Board of Directors of KPT by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:
| For | Withheld | |||||
| Name | Number | % | Number | % | ||
| Susan J. McArthur | 3,163,596 | 94.33 | % | 190,107 | 5.67 | % |
| James Hardy | 3,315,609 | 98.86 | % | 38,094 | 1.14 | % |
| Michel Letellier | 3,206,060 | 95.60 | % | 147,643 | 4.40 | % |
| David Spraley | 3,206,788 | 95.62 | % | 146,915 | 4.38 | % |
Shareholders present or represented by proxy at the Meeting also approved the appointment of PricewaterhouseCoopers LLP as auditors of KPT (99.85% of votes in favour).
About KP Tissue Inc.
KP Tissue Inc. (KPT) was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit www.kptissueinc.com.
About Kruger Products L.P.
Kruger Products L.P. is Canada’s leading manufacturer of quality tissue products for household, industrial and commercial use. Kruger Products L.P. serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties®’ and White Swan®. In the U.S., Kruger Products L.P. manufactures the White Cloud® brand, as well as many private label products. Kruger Products L.P. has approximately 2,500 employees across North America and operates five FSC® CoC- certified mills (FSC® C104904), four of which are located in Canada and one in the US. For more information visit www.krugerproducts.ca.
Francois Paroyan
General Counsel and Corporate Secretary
KP Tissue Inc.
905.812.6936
Francois.Paroyan@krugerproducts.ca
INVESTORS:
Mike Baldesarra
Director of Investor Relations
KP Tissue Inc.
905.812.6962
IR@KPTissueinc.com