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EXHIBIT 99.1
Gildan Activewear Reports on Shareholders’ Voting Results
Montréal, Thursday, May 5, 2022 – Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that the eleven nominees
proposed as directors in its management proxy circular dated March 8, 2022 were elected as directors of the Company by a majority of
the votes cast by the shareholders or represented by proxy at its virtual annual meeting of shareholders held on May 5, 2022 in Montréal.
Gildan also notes that a majority of shareholders voted for the non-binding advisory vote on Executive Compensation (“Say on Pay”),
and the reappointment of its auditors.
The voting results are detailed below:
| FOR | WITHHELD/AGAINST | |||
| Number | % | Number | % | |
| Resolution 1 | ||||
| Election of Directors | ||||
| Donald C. Berg | 160,877,944 | 99.85% | 237,274 | 0.15% |
| Maryse Bertrand | 147,809,518 | 91.74% | 13,305,701 | 8.26% |
| Dhaval Buch | 158,785,600 | 98.55% | 2,329,617 | 1.45% |
| Marc Caira | 156,150,357 | 96.92% | 4,964,860 | 3.08% |
| Glenn J. Chamandy | 160,017,966 | 99.32% | 1,097,252 | 0.68% |
| Shirley E. Cunningham | 157,727,624 | 97.90% | 3,387,594 | 2.10% |
| Russell Goodman | 158,068,626 | 98.11% | 3,046,591 | 1.89% |
| Charles M. Herington | 155,527,074 | 96.53% | 5,588,143 | 3.47% |
| Luc Jobin | 156,642,129 | 97.22% | 4,473,089 | 2.78% |
| Craig A. Leavitt | 159,357,557 | 98.91% | 1,757,660 | 1.09% |
| Anne Martin-Vachon | 157,411,310 | 97.70% | 3,703,908 | 2.30% |
| Resolution 2 | ||||
| Say on Pay | 148,753,541 | 92.33% | 12,361,673 | 7.67% |
| Resolution 3 | ||||
| Appointment of Auditors | 144,985,209 | 88.78% | 18,319,805 | 11.22% |
About Gildan
Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, Peds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. The Company’s product offerings include activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms, and to global lifestyle brand companies.
Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.
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Investor inquiries: Sophie Argiriou Vice President, Investor Communications (514) 343-8815 sargiriou@gildan.com |
Media inquiries: Genevieve Gosselin Director, Global Communications and Corporate Marketing (514) 343-8814 ggosselin@gildan.com |
