Aecon Announces Voting Results of Annual General Meeting

TORONTO, June 5, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated May 8, 2019 were elected as directors of Aecon Group Inc., to hold office until the next Annual General Meeting or until their successors are appointed.

Shareholders also adopted all other resolutions submitted for their approval, including the advisory vote on the Corporation's approach to executive compensation, as disclosed in the Corporation's Management Information Circular dated May 8, 2019, and the appointment of PricewaterhouseCoopers LLP as the auditors of the Corporation to hold office until the close of the next Annual General Meeting of the Corporation.

The detailed results of the vote are as follows:

Name of Nominee	Votes in Favour	%	Against	Votes Withheld	%
John M. Beck	35,501,835	96.87		1,147,880	3.13
John W. Brace	36,581,591	99.81		68,124	0.19
Joseph A. Carrabba	35,918,529	98.00		731,186	2.00
Anthony P. Franceschini	36,574,824	99.80		74,891	0.20
J.D. Hole	36,570,305	99.78		79,410	0.22
Susan Wolburgh Jenah	36,263,682	98.95		386,033	1.05
Eric Rosenfeld	28,041,990	76.51		8,607,725	23.49
Jean-Louis Servranckx	36,573,446	99.79		76,269	0.21
Monica Sloan	36,458,260	99.48		191,455	0.52
Deborah S. Stein	35,276,404	96.25		1,373,311	3.75
Appointment of Auditors	37,237,401	99.22		292,105	0.78
Corporation's Approach to Executive Compensation	34,524,463	94.20	2,125,252		5.80

The final voting results on all matters voted on at the Annual General Meeting held on June 4, 2019, have been posted on the Corporation's SEDAR profile at www.sedar.com and on the Corporation's website at www.aecon.com.

About Aecon

As a Canadian leader in construction and infrastructure development with global expertise, Aecon Group Inc. (TSX: ARE) strives to be the number one Canadian infrastructure company. Aecon safely, profitably and sustainably delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Conventional Industrial sectors, and provides project development, financing, investment and management services through its Concessions segment. For more information, please visit aecon.com and follow us on Twitter, LinkedIn, and Instagram @AeconGroup.

Statement on Forward-Looking Information

The information in this press release includes certain forward-looking statements. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties.  Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, strategies and outlook for Aecon.  Forward-looking statements, may in some cases be identified by words such as "will," "plans," "believes," "expects," "anticipates," "estimates," "projects," "intends," "should" or the negative of these terms, or similar expressions. In addition to events beyond Aecon's control, there are factors which could cause actual or future results, performance or achievements to differ materially from those expressed or inferred herein including, but not limited to: the timing of projects, unanticipated costs and expenses, the failure to recognize and adequately respond to climate change concerns or public and governmental expectations on climate matters, general market and industry conditions and operational and reputational risks, including Large Project Risk and Contractual Factors.  Readers are referred to the specific risk factors relating to and affecting Aecon's business and operations as filed by Aecon pursuant to applicable securities laws.  Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Aecon undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Aecon Group Inc.

Adam Borgatti, SVP, Corporate Development and Investor Relations, [phone], [email protected]; Nicole Court, Senior Director, Corporate Affairs, [phone] x3824, [email protected]

Related Links

http://www.aecon.com