Alamos Gold Announces Results of the Annual General Meeting of Shareholders and Changes to its Board of Directors
TORONTO, May 28, 2021 - Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today reported a summary of the voting results of its Annual General Meeting of Shareholders (the "Meeting"). The Company is also announcing the retirement of Ronald E. Smith from the Board of Directors.
"On behalf of the Board of Directors and management, I would like to thank Ron Smith for his strong contributions to the Alamos Board. Ron has been a key member of our Board since 2015 having joined through our merger with AuRico Gold where he served as a director since 2009. He has provided a wealth of experience and knowledge to our Board over his years of dedicated service including leading the Alamos Audit Committee for the past several years. We wish Ron every success in his future endeavours," said John A. McCluskey, President and Chief Executive Officer.
Results of the Meeting
The Company is reporting the voting results of its Meeting held virtually on Thursday, May 27, 2021. The summary of the results are as follows:
| Total Shares Voted: | 300,039,544 |
| Total Shares Issued and Outstanding: | 392,739,331 |
| Total Percentage of Shares Voted: | 76.40% |
1. Election of Directors
Each of the nominee directors listed in Alamos' management proxy circular dated April 7, 2021 was elected as a director as set forth in the table below:
| Name of Nominee | Vote For | % | Withheld Vote | % |
| Elaine Ellingham | 238,711,961 | 87.89 | 32,877,202 | 12.11 |
| David Fleck | 234,828,132 | 86.46 | 36,761,032 | 13.54 |
| David Gower | 270,058,952 | 99.44 | 1,530,212 | 0.56 |
| Claire M. Kennedy | 267,750,992 | 98.59 | 3,838,173 | 1.41 |
| John A. McCluskey | 271,152,873 | 99.84 | 436,290 | 0.16 |
| Monique Mercier | 267,788,036 | 98.60 | 3,801,128 | 1.40 |
| Paul J. Murphy | 250,464,021 | 92.22 | 21,125,143 | 7.78 |
| J. Robert S. Prichard | 267,854,435 | 98.62 | 3,734,730 | 1.38 |
| Kenneth Stowe | 271,053,761 | 99.80 | 535,403 | 0.20 |
2. Appointment and Compensation of Auditors
KPMG LLP was appointed as the Company's auditor and the directors were authorized to fix the auditor's remuneration.
| Vote For | % | Withheld Vote | % | |
| KPMG LLP | 298,938,152 | 99.63 | 1,101,391 | 0.37 |
3. Approval of Approach to Executive Compensation
The non-binding advisory resolution approving the Company's approach to Executive Compensation was passed.
| Vote For | % | Vote Against | % | |
| Executive Compensation | 266,432,281 | 98.10 | 5,156,881 | 1.90 |
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company's shares are traded on the TSX and NYSE under the symbol "AGI".
FOR FURTHER INFORMATION, PLEASE CONTACT:
| Scott K. Parsons | |
| Vice President, Investor Relations | |
| (416) 368-9932 x 5439 |
Cautionary Note
All amounts are in United States dollars, unless otherwise stated.
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
