Algoma Central Corporation Announces Results of 2025 Annual General Meeting of Shareholders

ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (TSX:ALC), held its Annual General Meeting of Shareholders (the “Meeting”) on May 2, 2025. Each of the matters set out below were voted upon at the Meeting and are described in greater detail in the Company’s Management Information Circular dated March 7, 2025, available online at www.algonet.com/investor-relations and www.sedarplus.ca.

1. Election of Directors

All nominees listed in the Management Information Circular were elected as directors until the next annual general meeting of shareholders with the support of 74.13% of shares voted.

Nominee	Outcome	Votes For	Votes Against	Total
Mats H. Berglund	Elected	29,963,519	73,453	30,036,972
Richard B. Carty	Elected	29,909,985	126,987	30,036,972
Jens GrØnning	Elected	29,965,350	71,622	30,036,972
E.M. Blake Hutcheson	Elected	29,965,607	71,365	30,036,972
Duncan N.R. Jackman	Elected	29,913,717	123,255	30,036,972
Trinity O. Jackman	Elected	29,885,948	151,024	30,036,972
Mark McQueen	Elected	29,957,203	79,769	30,036,972
Clive P. Rowe	Elected	29,952,740	84,232	30,036,972
Gregg A. Ruhl	Elected	29,964,704	72,268	30,036,972
Eric Stevenson	Elected	29,969,644	67,328	30,036,972

2. Appointment of Auditors

Professional accounting firm Deloitte LLP was appointed as independent auditors of the Company.

Outcome	Votes For	Votes Withheld	Total
Approved	19,460,989	10,608,511	30,069,500

About Algoma Central Corporation

Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice™. Learn more at www.algonet.com.