Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, ON, May 7, 2019 /CNW/ - Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the "Meeting") the proposed nominees for directors of the Corporation received the following votes:

Name of Proposed Nominee	Votes For	Percentage of Votes For	Votes Withheld	Percentage of Votes Withheld
N. Murray Edwards	52,039,044	99.24%	396,775	0.76%
Phillip C. Underwood	52,140,305	99.44%	295,514	0.56%
Beth M. Budd Bandler	52,397,269	99.93%	38,550	0.07%
William G. Davis	51,769,034	98.73%	666,785	1.27%
Bruce W. Gowan	51,830,249	98.85%	605,570	1.15%
Larry G. Moeller	51,749,149	98.69%	686,670	1.31%
Steven Somerville	52,075,254	99.31%	360,565	0.69%

As a result, all of the above named nominees have been elected to hold office for the ensuing year, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Ontario) and by-laws of the Corporation.

About Magellan Aerospace:

Magellan Aerospace is one of the world's most integrated aerospace industry suppliers. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, and complementary specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout Canada, the United States, the United Kingdom, India, Northern Ireland, and Poland.

SOURCE Magellan Aerospace Corporation

Phillip C. Underwood, Chief Executive Officer, Magellan Aerospace Corporation, T : [phone], E: [email protected]; Elena M. Milantoni, Chief Financial Officer, Magellan Aerospace Corporation, T: [phone], E: [email protected]

Related Links

http://www.magellanaerospace.com