Turquoise Hill Announces Results of Voting for Directors

Turquoise Hill Resources Ltd. (TSX: TRQ, NYSE: TRQ) has confirmed the election of eight management nominees as directors during its annual shareholder meeting on May 11, 2022.

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05/11/2022 - 01:59 PM EDT

MONTREAL--(BUSINESS WIRE)-- Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced that the nominees set forth in its management proxy circular dated March 30, 2022 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 11, 2022, are set out below.

Election of Directors

According to votes received, each of the following eight management nominees was elected as a director of Turquoise Hill to hold office until the Company’s next annual meeting of shareholders or until the director’s successor is elected or appointed, with the following results:

Name of Nominee	Votes For	% For	Votes Withheld	% Withheld
George Burns	146,135,699	89.30%	17,515,069	10.70%
Caroline Donally	146,039,082	89.24%	17,611,686	10.76%
R. Peter Gillin	137,359,012	83.93%	26,291,756	16.07%
Alfred P. Grigg	141,613,637	86.53%	22,037,131	13.47%
Stephen Jones	143,288,704	87.56%	20,362,064	12.44%
Russel C. Robertson	142,576,987	87.12%	21,073,781	12.88%
Maryse Saint-Laurent	142,659,877	87.17%	20,990,891	12.83%
Steve Thibeault	145,569,018	88.95%	18,081,750	11.05%

Final results on all matters voted on at the annual meeting of shareholders will be filed on SEDAR.

About Turquoise Hill Resources

Turquoise Hill is an international mining company focused on the operation and continued development of the Oyu Tolgoi copper-gold mine in Mongolia, which is the Company’s principal and only material mineral resource property. Turquoise Hill’s ownership of the Oyu Tolgoi mine is held through a 66% interest in Oyu Tolgoi LLC (Oyu Tolgoi); Erdenes Oyu Tolgoi LLC (Erdenes), a Mongolian state-owned entity, holds the remaining 34% interest.