Chemtrade Announces Voting Results From Annual Meeting of Unitholders

TORONTO, May 10, 2019 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced results for matters voted on at the Fund's Annual Meeting of Unitholders held in Toronto on May 9, 2019. A total of 45,012,225 Units, or 48.61% of the Fund's issued and outstanding Units, were voted in connection with the annual meeting.

Election of Trustees
On a vote by show of hands, all nominees listed in the management information circular for the Annual Meeting, were elected as Trustees of the Fund. Detailed results of the vote for the election of Trustees are set out below:

Nominees	Votes For	% For	Votes Withheld	% Withheld
Mark Davis	43,424,000	96.91	1,386,048	3.09
Lucio Di Clemente	39,248,749	87.59	5,561,299	12.41
David Gee	39,101,136	87.26	5,708,912	12.74
Susan McArthur	39,254,651	87.60	5,555,397	12.40
Katherine Rethy	36,524,801	81.51	8,285,247	18.49
Lorie Waisberg	38,869,263	86.74	5,940,785	13.26

Appointment of Auditors
On a vote by show of hands, Unitholders approved the re-appointment of KPMG LLP, Chartered Professional Accountants, as auditors of the Fund and authorized the Trustees to fix the auditors' remuneration:

Votes For	% For	Votes Withheld	% Withheld
44,215,653	98.28	775,888	1.72

Vote Regarding Approach to Executive Compensation (Say on Pay)
On a non-binding vote by ballot, Unitholders approved the Fund's approach to executive compensation disclosed in the Information Circular.

Votes For	% For	Votes Against	% Against
27,284,521	60.86	17,546,011	39.14

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world.  Chemtrade is one of North America's largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide.  Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, potassium chloride, and zinc oxide.  Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

SOURCE Chemtrade Logistics Income Fund

Mark Davis, President & CEO, Tel: [phone]; Rohit Bhardwaj, Vice President, Finance & CFO, Tel: [phone]

Related Links

http://www.chemtradelogistics.com