Superior Plus Reports Voting Results of Annual General Meeting of Shareholders

TORONTO–(BUSINESS WIRE)–Superior Plus Corp. (“Superior” or the “Corporation”) (TSX:SPB) held its annual general meeting of shareholders on May 10, 2022 virtually (the “Meeting”). Pursuant to the requirements of the Toronto Stock Exchange, Superior is issuing this news release to summarize the voting results in respect of the Meeting.

A total of 102,670,859 Common Shares of the Corporation and 30,002,837 Series 1 Special Voting Preferred Shares representing approximately 64.39% of the votes attached to all outstanding shares, were represented in person or by proxy at the Meeting.

The nine director nominees proposed by management were elected by ballot at the Meeting. Proxies and in person votes were received from holders of Common Shares and Series 1 Special Voting Preferred Shares (collectively, “Securityholders”) as follows:

Nominee				Votes For								Votes Withheld
				Number				Percentage				Number				Percentage
Catherine M. Best				115,119,755				87.01				17,180,392				12.99
Eugene V.N. Bissell				131,877,197				99.68				422,950				0.32
Richard C. Bradeen				131,885,892				99.69				414,255				0.31
Luc Desjardins				130,342,569				98.52				1,957,578				1.48
Patrick E. Gottschalk				131,910,839				99.71				389,308				0.29
Douglas J. Harrison				131,827,716				99.64				472,431				0.36
Mary B. Jordan				128,582,925				97.19				3,717,222				2.81
Angelo R. Rufino				129,315,916				97.74				2,984,231				2.26
David P. Smith				123,038,149				93.00				9,261,998				7.00

Securityholders approved resolutions appointing Ernst & Young LLP as the Corporation’s auditors and approved a non-binding advisory vote regarding the Corporation’s approach to executive compensation with approximately 99.82% and 98.31% approval of the votes attached to all outstanding shares represented in person or by proxy at the Meeting, respectively.

About the Corporation

Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 890,000 customer locations in the U.S. and Canada.

For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Capital Markets, Tel: (416) 340-6003, E-mail: investor-relations@superiorplus.com, Toll Free: 1-866-490-PLUS (7587).

Contacts

Beth Summers

Executive Vice President and Chief Financial Officer

Phone: (416) 340-6015

Rob Dorran

Vice President, Capital Markets

Phone: (416) 340-6003

Toll Free: 1-866-490-PLUS (7587)