Canadian Tire Announces Election of Directors

TORONTO, May 9, 2013 /CNW/ - Canadian Tire Corporation, Limited (the "Company") (TSX:CTC) (TSX:CTC.a) announced today that each of the sixteen director nominees listed in the Management Information Circular dated March 14, 2013 were elected as directors of the Company at the Annual Meeting of Shareholders of the Company (the "Meeting") held earlier today in Toronto.  The detailed results of the vote for the election of directors held at the Meeting are set out below.

On a vote by a show of hands, the following thirteen nominees proposed by management were elected as directors of the Company by the holders of Common Shares.  The Company received the following proxy votes from the holders of Common Shares with respect to the election of the thirteen nominees:

Nominee				Proxy Votes For				% of Proxy Votes For				Proxy Votes Withheld				% of Proxy Votes Withheld
Iain C. Aitchison				2,553,494				99.97				768				0.03
Martha G. Billes				2,553,684				99.98				578				0.02
Owen G. Billes				2,553,674				99.98				588				0.02
H. Garfield Emerson				2,553,629				99.98				633				0.02
John A.F. Furlong				2,553,098				99.95				1,164				0.05
James L. Goodfellow				2,553,675				99.98				587				0.02
Jonathan Lampe				2,553,548				99.97				714				0.03
Claude L'Heureux				2,553,345				99.96				917				0.04
Maureen J. Sabia				2,553,139				99.96				1,123				0.04
Peter B. Saunders				2,553,324				99.96				938				0.04
Graham W. Savage				2,553,629				99.98				633				0.02
George Vallance				2,553,547				99.97				715				0.03
Stephen G. Wetmore				2,553,544				99.97				718				0.03

On a vote by a show of hands, the following three nominees proposed by management were elected as directors of the Company by the holders of Class A Non-Voting Shares.  The Company received the following proxy votes from the holders of Class A Non-Voting Shares with respect to the election of the three nominees:

Nominee				Proxy Votes For				% of Proxy Votes For				Proxy Votes Withheld				% of Proxy Votes Withheld
Pierre Boivin				52,319,102				98.44				829,786				1.56
Frank Potter				48,354,774				90.99				4,789,714				9.01
Timothy R. Price				51,930,886				97.72				1,213,242				2.28

Each of the sixteen nominees elected will serve on the board of directors of the Company until the next annual election of directors.

About Canadian Tire Corporation
Canadian Tire Corporation, Limited (TSX:CTC.a) (TSX:CTC) is a Family of Companies that includes Canadian Tire Retail, Partsource, Gas+, FGL Sports (Sport Chek, Hockey Experts, Sports Experts, National Sports, Intersport and Atmosphere), Mark's and Canadian Tire Financial Services.  With more than 1,700 retail and gasoline outlets from coast-to-coast, our primary retail business categories - Automotive, Living, Fixing, Playing and Apparel - are supported and strengthened by our Financial Services division. Over 85,000 people are employed across the Canadian Tire enterprise, which was founded in 1922 and remains one of Canada's most recognized and trusted brands. For more information, visit Corp.CanadianTire.ca. 

SOURCE: CANADIAN TIRE CORPORATION, LIMITED

Media: Amy Cole, 416-544-7655, [email protected]

Investors: Lisa Greatrix, 416-480-8725, [email protected]