KP Tissue Inc. Reports on Shareholders’ Voting Results for the Election of Directors

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MISSISSAUGA, Ontario, June 23, 2025 (GLOBE NEWSWIRE) — KP Tissue Inc. (KPT) (TSX: KPT) held its Annual Meeting of shareholders today. All candidates proposed as directors were duly elected to the Board of Directors of KPT by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:

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NameFor Against
Number% Number%
François Vimard2,192,72796.56 78,1633.44
James Hardy2,193,14496.58 77,7463.42
Sarah Kruger2,203,40497.03 67,4862.97
John “Jay” Wright2,185,53596.24 85,3553.80
      

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Shareholders present or represented by proxy at the Meeting also approved the appointment of PricewaterhouseCoopers LLP as auditors of KPT (98.25% of votes in favour).

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About KP Tissue Inc.

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KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 12.3% interest in Kruger Products. For more information visit www.kptissueinc.com.

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About Kruger Products Inc.

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Kruger Products is Canada’s leading manufacturer of quality tissue products for household, industrial and commercial use. Kruger Products serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties®, White Swan® and Bonterra®. In the U.S., Kruger Products manufactures the White Cloud® brand, as well as many private label products. The Away-From-Home division manufactures and distributes high-quality, cost-effective product solutions to a wide range of commercial and public entities. Kruger Products has approximately 3,000 employees and operates ten FSC® COC-certified (FSC® C-104904) production facilities in North America. For more information visit www.krugerproducts.ca.

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INFORMATION:
François Paroyan
General Counsel and Corporate Secretary
KP Tissue Inc.
905-812-6936
[email protected]

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INVESTORS:
Doris Grbic
Director, Investor Relations
KP Tissue Inc.
437-882-2596
[email protected]

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