Canadian Tire Corporation Announces Election of Directors

Canadian Tire Corporation, Limited (the “Company”) (TSX: CTC) (TSX: CTC.A) announced that at its Annual Meeting of Shareholders (the “Meeting”) held today, the sixteen director nominees set out in the Company’s Management Information Circular dated March 16, 2023 were elected as directors of the Company. 

On a vote by a show of hands, the following 13 individuals proposed by the Board of Directors as nominees were elected as directors of the Company by the holders of Common Shares. The Company received the following proxy votes in advance of the Meeting from the holders of Common Shares with respect to the election of the 13 director nominees:

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Eric Anderson	2,536,617	99.96	894	0.04
Martha Billes	2,534,000	99.86	3,511	0.14
Owen Billes	2,536,522	99.96	989	0.04
Lyne Castonguay	2,536,261	99.95	1,250	0.05
David Court	2,536,522	99.96	989	0.04
Cathryn Cranston	2,536,261	99.95	1,250	0.05
Steve Frazier	2,536,502	99.96	1,009	0.04
Greg Hicks	2,536,571	99.96	940	0.04
Sylvain Leroux	2,536,617	99.96	894	0.04
Donald Murray	2,536,522	99.96	989	0.04
J. Michael Owens	2,536,502	99.96	1,009	0.04
Christine Rupp	2,536,350	99.95	1,161	0.05
Sowmyanarayan Sampath	2,536,405	99.96	1,106	0.04

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

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Norman Jaskolka	24,364,313	72.19	9,387,328	27.81
Nadir Patel	30,091,529	89.16	3,660,112	10.84
Cynthia Trudell	30,621,398	90.73	3,130,243	9.27

Final voting results on all matters voted on at the Meeting will be filed shortly with the Canadian securities regulators.

About Canadian Tire Corporation

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or “CTC”, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark’s, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands. The more than 1,700 retail and gasoline outlets are supported and strengthened by CTC’s Financial Services division and the tens of thousands of people employed across Canada and around the world by CTC and its local dealers, franchisees and petroleum retailers. In addition, CTC owns and operates Helly Hansen, a leading technical outdoor brand based in Oslo, Norway. For more information, visit Corp.CanadianTire.ca.

Contact:

Stephanie Nadalin – Media Contact – stephanie.nadalin@cantire.com – (647) 271-7343

Source: Canadian Tire Corporation Limited