Key Points – Roots shareholders elected the company’s full board of nine directors at its Fiscal 2025 Annual Meeting, with preliminary results showing each nominee received overwhelming support and was elected to serve until the next annual meeting. – KPMG LLP was reappointed as…
ots’ auditor until the next annual meeting, and shareholders also authorized the board to set auditor remuneration. – The meeting was largely routine, with about 68.8% of outstanding shares represented and no shareholder questions submitted on the voting items. Roots (TSE:ROOT) shareholders elected the company’s full slate of director nominees and reappointed KPMG LLP as auditor at the retailer’s Fiscal 2025 Annual Meeting of Shareholders, according to remarks made during the virtual meeting
Chairman of the Board Erol Uzumeri formally opened the meeting and said a quorum was present. He reported that, of approximately 39.2 million issued and outstanding shares, about 27 million shares, or 68.8%, were represented at the meeting. The meeting covered three formal items of business: receipt of the company’s consolidated financial statements for the 52-week period ended Jan. 31, 2026; election of directors; and reappointment of the company’s auditors, with authorization for the board to set auditor remuneration.
Director nominees elected Uzumeri introduced the nine director nominees standing for election: Scott Cameron, Phil Bacal, Mary Ann Curran, Greg David, Edward Kernaghan, Dale Lastman, Dexter Peart, Meghan Roach and Uzumeri. He said all nine nominees were current members of the board and had consented to stand for election. Uzumeri noted that Roots shareholders vote for directors individually rather than as a slate.