Gildan Board Nominees Clinch 97%-99% Votes, Rights Plan Renewed at 93.78%
Gildan Activewear’s nine board nominees were each elected with votes ranging 97.38% to 99.78% in its April 30 annual meeting, while auditor reappointment secured 92.71% support. Shareholder Rights Plan renewal passed with 93.78% approval and the Say on Pay advisory vote achieved 97.18%.
1. Annual Meeting and Director Elections
At the annual meeting held on April 30, 2026 in Montreal, shareholders elected all nine nominees as directors, with support ranging from 97.38% for Peter Lee to 99.78% for Glenn J. Chamandy.
2. Auditor Reappointment
The proposal to reappoint the auditor passed with 92.71% of votes in favour and 7.29% against, ensuring continuity in the company’s financial oversight.
3. Shareholder Rights Plan Renewal
Shareholders approved the renewal and ratification of the Shareholder Rights Plan with 93.78% support, maintaining existing defenses against potential hostile takeovers.
4. Say on Pay Advisory Vote
The non-binding advisory vote on executive compensation received 97.18% approval, indicating strong shareholder endorsement of current remuneration policies.