Independent
Tenure on this board
6.0 yrs
10 nominees · 7 ballot items.
Election of Directors; Appointment of PricewaterhouseCoopers LLP as auditors; Approve amendment to Stock Award Plan and unallocated entitlements; Approve unallocated entitlements under Performance Share Unit Plan; Approve unallocated entitlements under Deferred Share Unit Plan; Advisory (non-binding) approval of executive compensation (‘Say on Pay’); Advisory (non-binding) vote on frequency of Say on Pay (recommend annual).
Election of ten director nominees to serve until the next annual meeting.
Appoint PwC as the Company’s independent auditors for the ensuing year and authorize directors through the Audit Committee to fix their remuneration.
Amend the Stock Award Plan to reduce the maximum issuable under the plan from 8% to 7% and approve all unallocated entitlements under the plan.
Approve the unallocated entitlements under the PSU Plan (required by TSX every three years) and related resolution.
Approve the unallocated entitlements under the DSU Plan (required by TSX every three years) and related resolution.
Non-binding advisory resolution to approve the compensation of the Named Executive Officers for fiscal year 2025 as disclosed in the proxy materials.
Non-binding advisory vote to select the frequency (1, 2, or 3 years) at which the company will hold the advisory Say-on-Pay vote; the Board recommends annual.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Electrum Group LLC | 21.17% | 92,902,813 | $834M |
| 2 | Lingotto Investment Management LLP | 8.40% | 36,842,013 | $331M |
| 3 | PAULSON CO. INC. | 6.21% | 27,238,061 | $245M |
| 4 | FMR LLC | 3.69% | 16,181,815 | $146M |
| 5 | Capital World Investors | 2.81% | 12,333,000 | $111M |
| 6 | D. E. Shaw Co., Inc.Activist | 2.14% | 9,368,564 | $84M |
| 7 | BlackRock, Inc. | 2.13% | 9,341,016 | $84M |
| 8 | First Eagle Investment Management, LLC | 2.09% | 9,172,929 | $82M |
| 9 | VANGUARD CAPITAL MANAGEMENT LLC | 1.85% | 8,113,068 | $73M |
| 10 | VAN ECK ASSOCIATES CORP | 1.74% | 7,655,374 | $69M |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.