NAPEC Inc.
TSX : NPC

NAPEC Inc.

June 04, 2015 16:30 ET

NAPEC Inc. Reports on Shareholders' Voting Results for the Election of Directors

DRUMMONDVILLE, QUEBEC--(Marketwired - June 4, 2015) - NAPEC Inc. ("NAPEC" or the "Corporation") (TSX:NPC) held its Annual and Special Meeting of shareholders (the "Meeting") on June 3, 2015. All candidates proposed as directors were duly elected to the Board of Directors of the Corporation by a majority of the votes cast by shareholders present or represented by proxy at the Meeting as follows:

Name For Withheld
Number % Number %
Serge Chiasson 32,639,614 64.97% 17,595,082 35.03%
Yves Filion 32,590,173 64.91% 17,614,668 35.09%
Pierre L. Gauthier 35,304,184 70.32% 14,900,657 29.68%
Guy Pelletier 32,647,973 65.03% 17,556,868 34.97%
Luc Reny 33,921,514 67.53% 16,313,182 32.47%
Jean Rochette 32,578,814 64.85% 17,655,882 35.15%
Denis Tremblay 33,994,684 67.71% 16,210,157 32.29%

Shareholders present or represented by proxy at the Meeting also voted by a proportion of 66.03% in favour of a resolution to approve the reconfirmation of the shareholder rights plan of the Corporation adopted by the Board of Directors on December 18, 2008, and ratified, conformed and approved by the shareholders at the annual general and special meeting held on June 11, 2009.

FORWARD-LOOKING STATEMENTS

This document may contain forward-looking statements that reflect management's current expectations regarding future events. Forward-looking statements are based on a number of factors and include risks and uncertainties. Actual results may differ from forecast results. Management assumes no obligation beyond what is required under the law to update or revise forward-looking statements pursuant to new information or future events.

OVERVIEW OF THE CORPORATION

NAPEC is a corporation operating in the energy sector. The Corporation is a leading service provider to the public utility and heavy industrial markets mainly in Quebec, Ontario, and the eastern United States. NAPEC and its subsidiaries build and maintain electrical transmission and distribution grids, as well as networks for gas utilities. In addition, the Corporation installs gas-powered and electric-powered heavy equipment for utilities, industrial gas power plants, and petrochemical facilities in North America.

Further information regarding NAPEC is available in the SEDAR database (www.sedar.com) and on the Corporation's website at www.napec.ca.

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