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TORONTO — Chemtrade Logistics Income Fund (TSX: CHE.UN, OTCQX®: CGIFF) (“Chemtrade” or the “Fund”) today announced results for matters voted at the Fund’s annual meeting of unitholders held in Toronto on May 12, 2026 (the “Meeting”). A total of 35,769,424 units, or 31.79% of the Fund’s issued and outstanding units as at the Record Date, were voted by proxy in connection with the Meeting.
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Election of Trustees
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On a vote by show of hands, the following nominees were elected as trustees of the Fund, for a term expiring at the conclusion of the next annual meeting of unitholders of the Fund or until their successors are elected or appointed. The following proxy votes from unitholders with respect to the election of the eight nominees are set out below:
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Nominee | Units Voted For | % of Votes For | Units Voted Withheld | % of Votes Withheld |
Douglas Muzyka | 34,256,095 | 98.71% | 448,866 | 1.29% |
Lucio Di Clemente | 33,694,218 | 97.09% | 1,010,743 | 2.91% |
Daniella Dimitrov | 29,016,470 | 83.61% | 5,688,491 | 16.39% |
Luc Doyon | 34,288,003 | 98.80% | 416,958 | 1.20% |
Gary Merasty | 34,050,422 | 98.11% | 654,539 | 1.89% |
Emily Moore | 34,157,741 | 98.42% | 547,220 | 1.58% |
Suzann Pennington | 34,001,299 | 97.97% | 703,662 | 2.03% |
Scott Rook | 34,277,619 | 98.77% | 427,342 | 1.23% |
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Appointment of Auditor
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On a vote by show of hands, KPMG LLP was reappointed as auditor of the Fund to hold office until the next annual meeting of unitholders of the Fund or until a successor is appointed, and the trustees of the Fund were authorized to fix the auditors’ remuneration. The following proxy votes from unitholders with respect to the appointment of KPMG LLP as auditors of the Fund are set out below:
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Units Voted For | % of Votes For | Units Voted Withheld | % of Votes Withheld |
33,843,703 | 94.62% | 1,925,721 | 5.38% |
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Advisory Resolution on Approach to Executive Compensation (“Say on Pay”)
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On a non-binding advisory vote by show of hands, unitholders approved by majority the Fund’s approach to executive compensation disclosed in the notice of annual meeting of unitholders and management information circular of the Fund dated March 20, 2026 (the “Circular”), which is available under the Fund’s profile on the System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.com and the Fund’s website at www.chemtradelogistics.com.
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Units Voted For | % of Votes For | Votes Against | % of Votes Against |
33,186,192 | 95.62% | 1,518,769 | 4.38% |
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About Chemtrade
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Chemtrade operates a diversified business providing industrial chemicals and services to customers in North and South America. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite and sodium hydrosulphite. Chemtrade is also a leading producer of high purity sulphuric acid for the semiconductor industry in North America. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, and zinc oxide. Additionally, Chemtrade provides value-added water solutions, as well as industrial services such as processing by-products and waste streams.
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