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Saputo Announces Election of Directors

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MONTREAL, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) (Saputo or the Company) announces that the nominees listed in its management proxy circular dated June 7, 2018 were elected as directors of Saputo at the annual meeting of shareholders held on August 7, 2018.

According to proxies received, each of the following 10 nominees proposed by the board of directors was elected as a director of Saputo with the following results:

         
 
Voted For
Withheld from
Voting

% For

% Withheld
Lino A. Saputo, Jr. 327,920,312 5,430,077 98.37  % 1.63  %
Louis-Philippe Carrière 332,959,977 390,412 99.88  % 0.12  %
Henry E. Demone 332,129,312 1,221,077 99.63  % 0.37  %
Anthony M. Fata 330,937,134 2,413,255 99.28  % 0.72  %
Annalisa King 333,286,102 64,287 99.98  % 0.02  %
Karen Kinsley 332,933,430 416,959 99.87  % 0.13  %
Tony Meti 331,233,875 2,116,514 99.37  % 0.63  %
Diane Nyisztor 331,727,774 1,622,615 99.51  % 0.49  %
Franziska Ruf 332,131,567 1,218,822 99.63  % 0.37  %
Annette Verschuren 332,750,764 599,625 99.82  % 0.18  %

About Saputo
Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is one of the top ten dairy processors in the world, the largest cheese manufacturer and the leading fluid milk and cream processor in Canada, the top dairy processor in Australia and the second largest in Argentina. In the USA, Saputo ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products. Our products are sold in several countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, COON, Cracker Barrel*, Dairyland, DairyStar, Devondale, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait's Go, Montchevre, Murray Goulburn Ingredients, Neilson, Nutrilait, Scotsburn*, Stella, Sungold, Treasure Cave and Woolwich Dairy. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol "SAP".

*Trademark used under licence.

Media Inquiries
1-514-328-3141 / 1-866-648-5902

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