Tembec reports on Shareholders' voting results for the election of Directors

MONTREAL, Jan. 27, 2017 /CNW Telbec/ - Tembec Inc. (the "Corporation") today announced that all of the nominees proposed as directors in the management information circular dated December 16, 2016 were duly elected as directors of the Corporation by a majority of the votes cast by the shareholders present in person or represented by proxy at its Annual and Special Meeting of Shareholders (the "Meeting") held on January 26, 2017 in Montreal. Based on the number of proxies received, the total number of shares voted at the Meeting was 73,976,852, representing 73.98% of the Corporation's outstanding shares. The results of such vote are detailed below. Shareholders also ratified and confirmed the adoption of the advance notice by-law no 2016-2 with 87.05% of the votes cast being in favour of such by-law.

Final voting results on all matters voted on at the Meeting will be filed on SEDAR.

	FOR		WITHHELD
NOMINEES	NUMBER	%	NUMBER	%
James N. Chapman	72,041,579	99.48	376,007	0.52
James V. Continenza	72,045,279	99.49	372,307	0.51
Michel J. Dumas	72,049,224	99.49	368,362	0.51
Jacques Leduc	72,093,683	99.55	323,903	0.45
James M. Lopez	72,160,038	99.64	257,548	0.36
Francis M. Scricco	72,156,684	99.64	260,902	0.36
David J. Steuart	72,092,636	99.55	324,950	0.45
Lorie Waisberg	71,916,866	99.31	500,720	0.69

Tembec is a manufacturer of forest products – lumber, pulp, paper, and specialty cellulose – and a global leader in sustainable forest management practices. Principal operations are in Canada and France. Tembec has approximately 3,000 employees and annual sales of approximately $1.5 billion. Tembec is listed on the Toronto Stock Exchange (TMB).

SOURCE Tembec

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Patrick LeBel, Vice President, General Counsel and Corporate Secretary, Tel.: [phone], [email protected]

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