North American Construction Group Ltd. Announces Voting Results Of Annual Meeting Of Shareholders
North American Construction Group (NYSE:NOA) held its Annual Meeting of Shareholders on May 14, 2025, where shareholders voted on key corporate matters.
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Rhea-AI Summary
North American Construction Group (NYSE:NOA) held its Annual Meeting of Shareholders on May 14, 2025, where shareholders voted on key corporate matters. All proposed resolutions were successfully passed. The meeting resulted in the election of seven directors, with approval ratings ranging from 91.75% to 99.78%. Joseph C. Lambert received the highest approval at 99.78%, while Maryse C. Saint-Laurent received 91.75% approval.
Shareholders also approved the appointment of KPMG LLP as independent auditors with 98.43% support. The non-binding advisory vote on executive compensation passed with 79.59% approval, though it received the lowest support among all proposals with 20.41% of votes against.
Details
News Market Reaction – NOA
The recorded move for NOA in the trading session of this news was -0.35%.
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ACHESON, Alberta, May 16, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 14, 2025. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company’s approach to executive compensation. The following are the results of the votes held at the meeting:
| Outcome | Votes For | Withheld Or Against | ||||
| Election of Martin R. Ferron | Passed | (93.39 | %) | (6.61 | %) | |
| Election of Joseph C. Lambert | Passed | (99.78 | %) | (0.22 | %) | |
| Election of Bryan D. Pinney | Passed | (98.44 | %) | (1.56 | %) | |
| Election of John J. Pollesel | Passed | (99.72 | %) | (0.28 | %) | |
| Election of Maryse C. Saint-Laurent | Passed | (91.75 | %) | (8.25 | %) | |
| Election of Thomas P. Stan | Passed | (99.62 | %) | (0.38 | %) | |
| Election of Kristina E. Williams | Passed | (98.44 | %) | (1.56 | %) | |
| Appointment of KPMG LLP as auditors of the Corporation for the ensuing year and the authorization of the directors to fix their remuneration | Passed | (98.43 | %) | (1.57 | %) | |
| Approval of the non-binding advisory resolution to accept the approach to executive compensation disclosed in the management information circular delivered in advance of the Meeting | Passed | (79.59 | %) | (20.41 | %) | |
About the Company
North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets.
For further information, please contact:
Jason Veenstra, CPA, CA
Chief Financial Officer
North American Construction Group Ltd.
Phone: (780) 960-7171
Email: ir@nacg.ca
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