EX-99.2 3 d183198dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

 

NORBORD INC.

REPORT ON VOTING RESULTS

ANNUAL MEETING OF SHAREHOLDERS

FRIDAY, APRIL 29, 2016

The Annual Meeting of Shareholders of Norbord Inc. was held in Toronto, Ontario, Canada on Friday, April 29, 2016 at 10:00 a.m. at the Albany Club, 91 King Street East, Toronto, Ontario. At this meeting there were 254 shareholders represented in person or by proxy holding 70,752,151 common shares and representing 82.81% of the Corporation’s 85,443,901 issued and outstanding common shares as of the record date of March 2, 2016.

The following is a summary of the votes cast by the common shareholders:

Election of Directors

All of the eight nominees proposed by management for election to the Board of Directors at the Annual Meeting were acclaimed. The directors will remain in office until the next annual meeting of shareholders or until their successors are elected or appointed. The proxies received by management for the election of directors were as follows:

 

     Votes in Favour      Votes Withheld  

Name

   #      %      #      %  

Jack L. Cockwell

     60,823,320         86.51         9,480,673         13.49   

Pierre Dupuis

     65,107,421         92.61         5,196,572         7.39   

Paul E. Gagné

     70,008,235         99.58         295,758         0.42   

J. Peter Gordon

     61,193,886         87.04         9,110,107         12.96   

Paul A. Houston

     70,010,940         99.58         293,053         0.42   

J. Barrie Shineton

     61,549,332         87.55         8,754,661         12.45   

Denis A. Turcotte

     69,999,910         99.57         304,083         0.43   

Peter C. Wijnbergen

     61,923,887         88.08         8,380,106         11.92   

Appointment of Auditors

The resolution to appoint KPMG LLP, chartered accountants, as Norbord Inc.’s auditors to hold office until the next annual meeting of shareholders or until their successors are appointed, and to authorize the directors to fix their remuneration, was adopted on a vote by a show of hands by a majority of the votes cast by the shareholders present or represented by proxy. The proxies received by management for the appointment of the auditors were as follows:

 

     Total Votes      % of
Votes Cast
 

Votes in Favour

     70,712,101         99.96   

Votes Withheld

     30,158         0.04   
  

 

 

    

 

 

 

Total Votes Cast

     70,742,259         100.00   
  

 

 

    

 

 

 

Advisory Vote on Executive Compensation

The resolution to approve the adoption of an annual non-binding advisory vote by shareholders on executive compensation was adopted on a vote by a show of hands by a majority of the votes cast by the shareholders present or represented by proxy. The proxies received by management for the approval of the Say on Pay Advisory Vote were as follows:

 

     Total Votes      % of
Votes Cast
 

Votes in Favour

     69,090,812         98.27   

Votes Against

     1,213,181         1.73   
  

 

 

    

 

 

 

Total Votes Cast

     70,303,993         100.00   
  

 

 

    

 

 

 

 

Dated: April 29, 2016      

(signed) E. G. Toomey

      Elaine G. Toomey
      Assistant Corporate Secretary

 

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