EX-99.1 3 exh_991.htm EXHIBIT 99.1 EdgarFiling

Exhibit 99.1

 

 

 

VIA SEDAR

October 1, 2020

Autorité des marchés financiers

Alberta Securities Commission

British Columbia Securities Commission

Manitoba Securities Commission

Ontario Securities Commission

 

 

Subject:  Acasti Pharma Inc. (the “Corporation”)
   Report on the Voting Results, in accordance with article 11.3 of Regulation 51-102 respecting Continuous Disclosure Obligations (“Regulation 51-102”)

 

 

 

Following the annual and special meeting of shareholders of the Corporation held on September 30, 2020 (the “AGM”), this report presents the items voted on during the AGM and the corresponding voting results, in accordance with article 11.3 of Regulation 51-102. For more detailed information on the proposals submitted to shareholders, please refer to the management information circular and proxy statement of the Corporation dated August 31, 2020 (the “Circular”).

 

According to the scrutineer’s reports, being present in person or by proxy, were the holders of 10,279,286 common shares, or 10.61%, of the 96,869,143 common shares issued and outstanding on September 8, 2020, the record date for the AGM.

 

The following individuals were elected as directors of Acasti at its AGM: Roderick N. Carter, Jean-Marie (John) Canan, Jan D’Alvise and Donald Olds.

 

1. Election of the directors of the Corporation for the ensuing year

 

Nominee Votes For % Votes For Votes Withheld % Votes Withheld
Roderick N. Carter 7,689,988 74.81% 2,589,298 25.19%
Jean-Marie (John) Canan 7,736,464 75.26% 2,542,822 24.74%
Jan D’Alvise 7,681,263 74.73% 2,598,023 25.27%
Donald Olds 7,784,581 75.73% 2,494,705 24.27%

 

2. Appointment of KPMG LLP as auditors for the ensuing year and to authorize the board of directors of the Corporation (the “Board”) to fix their remuneration

 

Votes Cast For % Votes Cast For Votes Cast Against % Cast Votes Against
8,187,946 90.54% 855,557 9.46.%

 

 

 

3. Ordinary resolution approving an advisory (non-binding) resolution approving the compensation of our named executive officers, as more particularly described in the Circular

 

Votes Cast For % Votes Cast For Votes Cast Against % Votes Cast Against
5,222,830 58.62% 3,687,193 41.38%

 

4. Ordinary resolution approving an advisory (non-binding) resolution on the frequency of the future “say on pay” votes, as more particularly described in the Circular

 

Number of Shares Percentage of Votes Cast
1 Year 2 Year 3 Year 1 Year 2 Year 3 Year
7,035,191 320,698 2,175,841 73.81% 3.36% 22.83%

 

5. Ordinary resolution approving, ratifying and confirming certain amendments to the Corporation’s stock option plan, as more particularly described in the Circular

 

Votes Cast For % Votes Cast For Votes Cast Against % Votes Cast Against
4,786,055 54.52% 3,993,282 45.48%

(Disinterested Shareholders only – 159,500 shares are excluded)

 

6. Ordinary resolution approving, ratifying and confirming certain amendments to the Corporation’s equity incentive plan, as more particularly described in the Circular

 

Votes Cast For % Votes Cast For Votes Cast Against % Votes Cast Against
4,881,604 55.56% 3,904,357 44.44%

(Disinterested Shareholders only – 159,500 shares are excluded)

 

7. Ordinary resolution approving, ratifying and confirming the adoption of the amended and restated general by-law of the Corporation, as more particularly described in the Circular

 

Votes Cast For % Votes Cast For Votes Cast Against % Votes Cast Against
6,083,640 72.98% 2,252,032 27.02%

 

 

 

Sincerely,

 

/s/ Jan D’Alvise

Jan D’Alvise

Chief Executive Officer