EX-2 3 d930726dex2.htm EX-2

EX-2

Exhibit 2

May 22, 2015

Canadian Securities Administrators

Cameco Corporation

Annual Meeting May 22, 2015

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 22, 2015. 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		Catherine Gignac
Daniel Camus		Tim Gitzel
John Clappison		James Gowans
James Curtiss		Nancy Hopkins
Donald Deranger		Anne McLellan
		Neil McMillan

Canadian Securities Administrators

May 22, 2015

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			201,330,350				92.97	%			15,223,644				7.03	%
Daniel Camus			199,422,514				92.09	%			17,131,480				7.91	%
John Clappison			214,802,171				99.19	%			1,749,166				0.81	%
James Curtiss			200,659,627				92.66	%			15,894,367				7.34	%
Donald Deranger			212,708,555				98.22	%			3,845,439				1.78	%
Catherine Gignac			215,072,291				99.32	%			1,481,703				0.68	%
Tim Gitzel			214,409,252				99.01	%			2,144,742				0.99	%
James Gowans			215,046,421				99.30	%			1,507,573				0.70	%
Nancy Hopkins			214,043,945				98.84	%			2,510,049				1.16	%
Anne McLellan			201,597,890				93.09	%			14,956,104				6.91	%
Neil McMillan			214,384,061				99.00	%			2,169,933				1.00	%

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

Nominee		Votes For				% Votes For				Withheld				% Votes Withheld
Ian Bruce			137,549,160				90.13	%			15,054,747				9.87	%
Daniel Camus			136,693,554				89.57	%			15,910,352				10.43	%
John Clappison			151,031,875				98.97	%			1,571,367				1.03	%
James Curtiss			137,061,991				89.82	%			15,541,916				10.18	%
Donald Deranger			149,853,275				98.20	%			2,750,631				1.80	%
Catherine Gignac			151,311,771				99.15	%			1,292,135				0.85	%
Tim Gitzel			150,647,345				98.72	%			1,956,562				1.28	%
James Gowans			151,291,693				99.14	%			1,312,213				0.86	%
Nancy Hopkins			150,464,812				98.60	%			2,139,094				1.40	%
Anne McLellan			137,844,507				90.33	%			14,759,399				9.67	%
Neil McMillan			150,618,597				98.70	%			1,985,310				1.30	%

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.

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
236,876,044		98.18%		4,379,745		1.82%

Canadian Securities Administrators

May 22, 2015

Page 3

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

Votes For		% Votes For		Votes Withheld		% Votes Withheld
154,917,359		97.57%		3,861,996		2.43%

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
196,810,197		90.88%		19,742,292		9.12%

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

Votes For		% Votes For		Votes Against		% Votes Against
134,530,917		88.16%		18,074,956		11.84%

Cameco Corporation
By:		“Sean A. Quinn”
		Sean A. Quinn
		Senior Vice-President, Chief Legal Officer
		and Corporate Secretary