CPKC announces results of director elections

(Neutral)

Rhea-AI Summary

Canadian Pacific Kansas City (CPKC) held its 2025 annual meeting with successful director elections and key voting results. All 12 nominated directors received overwhelming support, with each securing over 97% of votes cast. Isabelle Courville was re-elected and reappointed as Chair of CPKC's Board of Directors.

The company received strong shareholder endorsement on several key measures:

Executive compensation (Say on Pay): 87.74% approval
Climate change approach (Say on Climate): 91.66% approval
Ernst & Young LLP as auditor: 99.61% approval
By-law No. 2 amendment: 55.74% approval

Notable directors elected include Keith E. Creel with 99.85% approval, Janet H. Kennedy with 99.87%, and Hon. Edward R. Hamberger with 99.81% support. Complete voting results will be available on SEDAR+ and EDGAR.

Positive

Strong shareholder support with all directors receiving over 97% approval votes
High approval (91.66%) for climate change approach indicates strong ESG alignment
Executive compensation plan received solid support with 87.74% approval
Near-unanimous approval (99.61%) for Ernst & Young as auditor shows strong governance confidence

Negative

Relatively low approval (55.74%) for By-law No. 2 amendment suggests significant shareholder resistance

News Market Reaction – CP

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In the trading session that priced this news, CP gained 0.36%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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04/30/2025 - 08:15 PM

CALGARY, AB, April 30, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced the results of the 2025 annual meeting held earlier today, including the election of all 12 nominees listed in the management proxy circular dated March 10, 2025, as directors of CPKC.

All directors received at least 97 percent of votes cast. Isabelle Courville, upon her re-election as a director, was re-appointed Chair of CPKC's Board of Directors.

The advisory vote on executive compensation (Say on Pay) received 87.74 percent in favour. The advisory vote on approach to climate change (Say on Climate) received 91.66 percent in favour. The appointment of Ernst & Young LLP as auditor received 99.61 percent in favour. The amendment to By-law No. 2 received 55.74 percent in favour.

The detailed results of the vote by ballot on the election of directors are as follows:

	% Votes For	% Votes Against
Hon. John Baird, P.C.	97.54	2.46
Isabelle Courville	97.99	2.01
Keith E. Creel	99.85	0.15
Amb. Antonio Garza (Ret.)	98.99	1.01
Arturo Gutiérrez Hernández	97.26	2.74
Hon. Edward R. Hamberger	99.81	0.19
Janet H. Kennedy	99.87	0.13
Henry Maier	99.08	0.92
Matthew H. Paull	97.55	2.45
Jane L. Peverett	98.64	1.36
Andrea Robertson	98.52	1.48
Gordon T. Trafton	99.05	0.95

Final voting results on all matters voted on at the annual meeting will be filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov).

About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

View original content to download multimedia:https://www.prnewswire.com/news-releases/cpkc-announces-results-of-director-elections-302443433.html

SOURCE CPKC

FAQ

What was the voting result for CPKC's Say on Climate proposal in 2025?

CPKC's Say on Climate proposal received 91.66% approval from shareholders at the 2025 annual meeting, showing strong support for the company's climate change approach.

Who was re-appointed as Chair of CPKC's Board of Directors in 2025?

Isabelle Courville was re-appointed as Chair of CPKC's Board of Directors following her re-election as a director at the 2025 annual meeting.

How did shareholders vote on CPKC's executive compensation (Say on Pay) in 2025?

Shareholders approved CPKC's executive compensation with 87.74% voting in favor at the 2025 annual meeting.

Which CPKC director received the highest shareholder approval in the 2025 election?

Janet H. Kennedy received the highest shareholder approval with 99.87% of votes in favor at CPKC's 2025 director elections.

What percentage of votes did CPKC receive for their auditor appointment in 2025?

The appointment of Ernst & Young LLP as CPKC's auditor received 99.61% approval from shareholders at the 2025 annual meeting.

How many directors were elected to CPKC's board in 2025?

12 directors were elected to CPKC's board, with all nominees receiving at least 97% of votes cast at the 2025 annual meeting.