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Press Release

May 21, 2019

IPL Plastics Inc. Announces the Election of Directors

MONTREAL, May 21, 2019 /CNW/ - IPL Plastics Inc. ("IPL Plastics", "IPLP", the "Group" or the "Company") (TSX: IPLP) announces today the voting results for the election of directors. The election was held earlier today in Montreal, during the Annual Meeting of Shareholders of the Company.

All of the candidates proposed by management in the Company's Management Proxy Circular were elected as directors by the shareholders present or represented by proxy at the meeting.

The detailed results of the vote are as follows:

Candidate

Votes For

Votes Withheld

David McAusland (Chair)

18,164,113

96.96%

570,376

3.04%

Patrick Dalton

18,118,045

96.69%

621,038

3.31%

Rose Hynes

18,054,926

96.35%

684,157

3.65%

Hugh McCutcheon

18,711,426

99.88%

23,063

0.12%

Geoff Meagher

18,715,961

99.88%

23,122

0.12%

Sharon C. Pel

18,652,903

99.54%

86,180

0.46%

Linda Kuga Pikulin

18,648,308

99.54%

86,181

0.46%

Mary Ritchie

18,716,061

99.88%

23,022

0.12%

Alain Tremblay

17,745,950

94.70%

993,133

5.30%

Alan Walsh

18,716,061

99.88%

23,022

0.12%

 

Voting results on all matters voted on at the Annual Meeting of the Company will be published on IPL's website, www.iplpgroup.com, and filed with the Canadian securities regulators.

About IPL Plastics

IPLP is a leading sustainable packaging solutions provider primarily in the food, consumer, agricultural, logistics and environmental end-markets operating in Canada, the U.S, the U.K., Ireland, Belgium, China and Mexico. IPLP employs approximately 2,100 people and has corporate offices in Montreal and Dublin. For more information, please visit the Company's website at www.iplpgroup.com.

SOURCE IPL Plastics Inc.

Investor Enquiries: Alan Walsh, Chief Executive Officer, + 353 1 612 1375; Pat Dalton, Chief Financial Officer, + 353 1 612 1377; Paul Meade, Head of Investor Relations, +353 87 0655368, www.iplpgroup.com; Media Enquiries: Canada: Phil Koven, Bay Street Communications, +1 647 496 7858; Ireland: Tom McEnaney, McEnaney Media, +353 87 2222 666