SOURCE: Parkland Fuel Corporation

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May 13, 2016 16:12 ET

Parkland Fuel Corporation Announces the Results of the 2016 Annual General Meeting of Shareholders

RED DEER, AB--(Marketwired - May 13, 2016) - Parkland Fuel Corporation ("Parkland") (TSX: PKI), Canada's largest independent marketer of fuel and petroleum products, announced that all nine of the nominees listed in its management information circular dated April 1, 2016 (the "Information Circular") were elected as directors of the Corporation and PricewaterhouseCoopers LLP was repointed as Parkland's auditor at its annual general meeting of shareholders held today (the "Meeting"). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:

Resolution 1

Election of directors of Parkland for the ensuing year.

                 
Nominee   Votes For   %For   Votes Withheld   %Withheld
John F. Bechtold   51,694,081   99.14%   448,545   0.86%
Lisa Colnett   50,085,894   96.06%   2,056,732   3.94%
Robert Espey   50,389,247   96.64%   1,753,379   3.36%
Timothy Hogarth   40,546,896   77.76%   11,595,730   22.24%
Jim Pantelidis   49,152,685   94.27%   2,989,941   5.73%
Ron Rogers   51,662,401   99.08%   480,225   0.92%
Domenic Pilla   51,703,967   99.16%   438,659   0.84%
David A. Spencer   39,901,626   76.52%   12,241,000   23.48%
Deborah Stein   52,072,460   99.87%   70,166   0.13%
                 

Resolution 2

The appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2016.

         
Votes For   51,311,814   98.41%
Votes Withheld   830,812   1.59%
Total   52,142,626    
         

Resolution 3

The approval, on a non-binding and advisory basis, of Parkland's approach to executive compensation as more particularly set forth and described in the Information Circular.

         
Votes For   48,731,147   93.64%
Votes Against   3,309,312   6.36%
Total   52,040,459    
         

Voting results for all matters have been posted on SEDAR.

ABOUT PARKLAND FUEL CORPORATION

Parkland Fuel Corporation is one of North America's fastest growing independent marketers of fuel and petroleum products. We deliver gasoline, diesel, propane, lubricants, heating oil and other high-quality petroleum products to motorists, businesses, households and wholesale customers in Canada and the United States. Our mission is to be the partner of choice for our customers and suppliers, and we do this by building lasting relationships through outstanding service, reliability, safety and professionalism.

We are unique in our ability to provide customers with dependable access to fuel and petroleum products, utilizing a portfolio of supply relationships, storage infrastructure, and third party rail and highway carriers to rapidly respond to supply disruptions in order to protect our customers.

To sign up for Parkland new alerts please go to http://bit.ly/PKI-Alert or visit www.parkland.ca.

Contact Information

  • FOR FURTHER INFORMATION, PLEASE CONTACT:

    Investor Inquiries

    Patricia van de Sande
    Vice President Investor & Government Relations & Compliance
    403-567-2519 
    Email contact
     

    Media Inquiries

    Elizabeth Wilcox
    Manager Corporate Communications
    403-567-2578
    Email contact