Canadian Pacific announces results of Annual and Special Meeting and director elections

May 14, 2015, 15:47 ET from Canadian Pacific

CALGARY, May 14, 2015 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announces that all resolutions placed in front of shareholders at its 2015 annual meeting (AGM) held in Calgary earlier today, including the election of all 13 nominees listed in the management proxy circular dated March 17, 2015 as directors of CP, have been passed.

The detailed results of the vote by ballot on the election of directors are as follows:

Votes For

% Votes For

Votes Withheld

% Votes Withheld

William A. Ackman

123,042,273

99.63%

452,726

0.37%

Hon. John Baird

123,246,552

99.80%

248,662

0.20%

Gary F. Colter

121,241,216

98.17%

2,253,858

1.83%

Isabelle Courville

123,274,275

99.82%

220,724

0.18%

Keith E. Creel

121,895,891

98.71%

1,599,184

1.29%

E. Hunter Harrison

123,235,447

99.79%

259,767

0.21%

Paul C. Hilal

121,502,039

98.39%

1,992,960

1.61%

Krystyna T. Hoeg

122,869,555

99.49%

625,519

0.51%

Rebecca MacDonald

123,216,978

99.77%

278,096

0.23%

Anthony R. Melman

123,326,482

99.86%

168,518

0.14%

Linda J. Morgan

123,039,725

99.63%

455,349

0.37%

Andrew F. Reardon

123,294,854

99.84%

200,220

0.16%

Stephen C. Tobias

122,933,258

99.55%

561,817

0.45%

CP shareholders also approved the adoption of the Advance Notice By-Law to establish a framework for advance notice of nominations of directors by the shareholders of CP. The purpose of the Advance Notice By-Law is to ensure that an orderly nomination process is observed and that shareholders can make a well-informed voting decision about director nominees.

Additionally, shareholders approved a special resolution to authorize the holding of meetings of shareholders within Canada or the United States of America as the directors may from time to time determine, including, but not limited to, Chicago, Illinois, Minneapolis, Minnesota, Saint Paul, Minnesota and New York, New York.

Final voting results on all matters voted on at the AGM will be filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov).

About Canadian Pacific Canadian Pacific (TSX:CP)(NYSE: CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of Canadian Pacific.

SOURCE Canadian Pacific



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