EX-99.2 3 d738563dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

May 30, 2014

Canadian Securities Administrators

Cameco Corporation

Annual Meeting May 28, 2014

Report of Voting Results

Under National Instrument 51-102

In accordance with Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, we advise of the results of the voting on the matters submitted to the annual meeting (the Meeting) of the shareholders (the Shareholders) of Cameco Corporation (the Corporation) held on May 28, 2014. Each of the matters set forth below is described in greater detail in the Notice for the Meeting and Management Proxy Circular mailed to Shareholders prior to the Meeting.

The matters voted upon at the Meeting and the results of the voting were as follows:

Item 1: Election of Directors

The following directors were elected to hold office for the ensuing year or until their successors are elected or appointed:

 

Ian Bruce

   Tim Gitzel

Daniel Camus

   James Gowans

John Clappison

   Nancy Hopkins

Joe Colvin

   Anne McLellan

James Curtiss

   Neil McMillan

Donald Deranger

Catherine Gignac

   Victor Zaleschuk

May 29, 2014

Page 2

 

If a ballot vote had been taken, based upon proxy votes by Shareholders received by the Corporation, the voting results for the election of directors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Vote Results Before Reduction of Non-resident Vote:

 

Nominee

    Votes For      % Votes For     Withheld      % Votes Withheld  

Ian Bruce

      221,436,518         99.01 %      2,217,387         0.99 % 

Daniel Camus

      207,576,221         92.81 %      16,077,684         7.19 % 

John Clappison

      221,763,159         99.15 %      1,890,746         0.85 % 

Joe Colvin

      209,156,557         93.52 %      14,497,348         6.48 % 

James Curtiss

      209,327,291         93.59 %      14,326,614         6.41 % 

Donald Deranger

      219,786,449         98.27 %      3,867,456         1.73 % 

Catherine Gignac

      221,544,049         99.06 %      2,109,856         0.94 % 

Tim Gitzel

      221,391,117         98.99 %      2,262,788         1.01 % 

James Gowans

      221,746,323         99.15 %      1,907,582         0.85 % 

Nancy Hopkins

      220,601,989         98.64 %      3,051,916         1.36 % 

Anne McLellan

      210,377,002         94.06 %      13,276,903         5.94 % 

Neil McMillan

      220,837,352         98.74 %      2,816,553         1.26 % 

Victor Zaleschuk

      209,743,193         93.78 %      13,910,712         6.22 % 

Vote Results After Reduction of Non-resident Vote to 25%:

 

Nominee

    Votes For      % Votes For     Withheld      % Votes Withheld  

Ian Bruce

      187,926,682         99.18 %      1,556,474         0.82 % 

Daniel Camus

      174,674,073         92.18 %      14,809,084         7.82 % 

John Clappison

      188,267,502         99.36 %      1,215,654         0.64 % 

Joe Colvin

      175,949,425         92.86 %      13,533,731         7.14 % 

James Curtiss

      176,107,305         92.94 %      13,375,851         7.06 % 

Donald Deranger

      186,613,904         98.49 %      2,869,253         1.51 % 

Catherine Gignac

      188,054,944         99.25 %      1,428,213         0.75 % 

Tim Gitzel

      187,885,698         99.16 %      1,597,458         0.84 % 

James Gowans

      188,245,612         99.35 %      1,237,544         0.65 % 

Nancy Hopkins

      187,397,413         98.90 %      2,085,744         1.10 % 

Anne McLellan

      176,885,130         93.35 %      12,598,026         6.65 % 

Neil McMillan

      187,549,502         98.98 %      1,933,654         1.02 % 

Victor Zaleschuk

      176,363,914         93.08 %      13,119,243         6.92 % 

Item 2: Appointment of Auditors

By a vote by way of show of hands, KPMG LLP was appointed auditors of the Corporation to hold office until the next annual meeting of Shareholders, or until their successors are appointed.

May 29, 2014

Page 3

 

If a ballot vote had been taken, based upon proxy votes by Shareholders received by the Corporation, the voting results for appointment of auditors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Vote Results Before Reduction of Non-resident Vote:

 

Votes For

    % Votes For   Votes Withheld    % Votes Withheld
251,492,972    97.91%   5,363,171    2.09%

Vote Results After Reduction of Non-resident Vote to 25%:

 

Votes For

    % Votes For   Votes Withheld    % Votes Withheld

193,003,876

    97.58%   4,779,840    2.42%

Item 3: Executive Compensation

On a vote by ballot, an advisory resolution was passed accepting the approach to executive compensation disclosed in Cameco’s Management Proxy Circular delivered in advance of this meeting.

The outcome of the ballot vote, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, was as follows:

Vote Results Before Reduction of Non-resident Vote:

 

Votes For

    % Votes For   Votes Against    % Votes Against

206,117,259

    92.16%   17,536,646    7.84%

Vote Results After Reduction of Non-resident Vote to 25%:

 

Votes For

    % Votes For   Votes Against    % Votes Against

173,463,077

    91.54%   16,032,625    8.46%

Item 4: Amending the Bylaws

On a vote by ballot, a resolution was passed confirming the Amended and Related Bylaw No. 7 approved by the Corporation’s board on February 7, 2014 and disclosed in the Management Proxy Circular delivered in advance of the meeting.

The outcome of the ballot vote, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, was as follows:

Vote Results Before Reduction of Non-resident Vote:

 

Votes For

    % Votes For   Votes Against    % Votes Against

171,133,676

    76.52%   52,518,729    23.48%

Vote Results After Reduction of Non-resident Vote to 25%:

 

Votes For

    % Votes For   Votes Against    % Votes Against

145,890,433

    76.99%   43,604,894    23.01%

May 29, 2014

Page 4

 

On a vote by ballot, a resolution was passed confirming the Amended and Restated Bylaw No. 7 as approved by the Corporation’s board on May 16, 2014 and set out in the Corporation’s May 16, 2014 securities filing and described to the Meeting, which deleted the last sentence in section 6.2(c) of the bylaws, which stated that no adjournment or postponement of a meeting of shareholders or the announcement thereof would commence a new time period for the giving of a nominating shareholder’s notice respecting advance notice of director nominations.

The outcome of the ballot vote, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, was as follows:

Vote Results Before Reduction of Non-resident Vote:

 

Votes For

    % Votes For   Votes Against    % Votes Against

171,133,676

    76.52%   52,518,729    23.48%

Vote Results After Reduction of Non-resident Vote to 25%:

 

Votes For

    % Votes For   Votes Against    % Votes Against

145,890,433

    76.99%   43,604,894    23.01%

Cameco Corporation

 

By:

  

    “Sean A. Quinn”

      Sean A. Quinn
 

    Senior Vice-President, Chief Legal

    Officer and Corporate Secretary