Bay Street News

The Jean Coutu Group Shareholders Elect Two New Directors

VARENNES, QUÉBEC–(Marketwired – July 5, 2016) – Mr. Jean Coutu, Chairman of the Board of The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) (the “Corporation” or the “Jean Coutu Group”), is pleased to announce the election of Mrs. Marie-Josée Lamothe and Mr. Michael Hanley on the Corporation’s Board of Directors. They have been elected at the Annual Meeting of the Shareholders held today.

Mrs. Lamothe is Managing Director of Branding and manages Google Canada’s Québec business development. She has been involved in the consumer product marketing industry for the last 20 years.

Mr. Hanley is a chartered accountant and a member of the Ordre des comptables professionnels agréés du Québec (CPA, CA). Prior to being a corporate director in 2012, he has held various executive positions in large corporations.

“We are very proud to welcome Mrs. Lamothe and Mr. Hanley on our Board of Directors, their skills and experience will constitute strong assets for the development of our activities” said Mr. Jean Coutu, Chairman of the Board.

During this meeting, the shareholders also renewed the mandates of the thirteen following directors: Lise Bastarache, François J. Coutu, Jean Coutu, Marie-Josée Coutu, Michel Coutu, Sylvie Coutu, L. Denis Desautels, Marcel Dutil, Nicolle Forget, Robert Lacroix, Andrew T. Molson, Cora Mussely Tsouflidou and Annie Thabet.

About The Jean Coutu Group

The Jean Coutu Group (PJC) Inc. operates a network of 420 franchised drugstores in Canada located in Quebec, New Brunswick and Ontario (under the banners of PJC Jean Coutu, PJC Clinique and PJC Santé Beauté) and employs more than 20,000 people. The Jean Coutu Group is one of the most trusted names in Canadian pharmacy retailing.

The Jean Coutu Group (PJC) Inc.
Helene Bisson
Vice President, Communications
(450) 646-9611, ext. 1165
hbisson@jeancoutu.com