Exhibit 1
Exhibit 1
GARY M. S. CHAD, Q.C.
Senior Vice-President,
Governance, Law and
Corporate Secretary
CAMECO CORPORATION
Corporate Office
2121 11th Street West
Saskatoon, Saskatchewan
Canada S7M 1J3
Tel 306.956.6303
Fax 306.956.6312
www.cameco.com
May 18, 2011
Canadian Securities Administrators
Cameco Corporation
Annual Meeting May 17, 2011
Report of Voting Results
Under National Instrument 51-102
In accordance with Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations,
we hereby 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 17, 2011. 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:
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Daniel Camus
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Gerald W. Grandey |
John H. Clappison
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Nancy E. Hopkins |
Joe F. Colvin
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Oyvind Hushovd |
James. R. Curtiss
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A. Anne McLellan |
Donald H. F. Deranger
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A. Neil McMillan |
James K. Gowans
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Victor J. Zaleschuk |
Timothy S. Gitzel |
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May 18, 2011
Page 2
If a ballot vote had been taken, based upon proxy votes by Shareholders received by the Corporation
and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting
restriction, the voting results for the election of directors would have been:
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Nominee |
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Votes For |
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% Votes For |
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Withheld |
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% Votes Withheld |
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Daniel Camus |
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191,133,189 |
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96.11 |
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7,738,422 |
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3.89 |
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John H. Clappison |
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187,015,908 |
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94.04 |
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11,855,704 |
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5.96 |
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Joe F. Colvin |
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191,771,354 |
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96.43 |
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7,100,258 |
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3.57 |
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James. R. Curtiss |
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186,795,154 |
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93.93 |
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12,076,457 |
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6.07 |
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Donald H. F. Deranger |
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173,739,163 |
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87.36 |
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25,132,448 |
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12.64 |
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James K. Gowans |
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192,214,618 |
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96.65 |
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6,656,993 |
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3.35 |
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Timothy S. Gitzel |
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192,167,299 |
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96.63 |
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6,704,313 |
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3.37 |
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Gerald W. Grandey |
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192,165,443 |
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96.63 |
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6,706,168 |
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3.37 |
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Nancy E. Hopkins |
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192,070,647 |
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96.58 |
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6,800,965 |
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3.42 |
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Oyvind Hushovd |
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185,808,100 |
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93.43 |
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13,063,511 |
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6.57 |
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A. Anne McLellan |
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186,703,323 |
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93.88 |
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12,168,288 |
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6.12 |
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A. Neil McMillan |
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179,353,109 |
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90.19 |
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19,518,502 |
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9.81 |
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Victor J. Zaleschuk |
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192,312,242 |
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96.70 |
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6,559,370 |
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3.30 |
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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
and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting
restriction, the voting results for appointment of auditors would have been:
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Votes For |
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% Votes For |
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Votes Withheld |
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% Votes Withheld |
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200,498,760 |
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99.33 |
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1,349,668 |
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0.67 |
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Item 3: Bylaws Amendment
By a vote by way of show of hands, an advisory resolution was passed amending sections 5.2 and 7.7
of Bylaw No. 6 disclosed in Camecos Management Proxy Circular delivered in advance of this
meeting.
The outcome of the ballot vote, after giving effect to the twenty-five (25%) percent non-resident
voting restriction, was as follows:
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Votes For |
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% Votes For |
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Votes Against |
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% Votes Against |
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197,857,996 |
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99.49 |
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1,011,957 |
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0.51 |
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May 18, 2011
Page 3
Item 4: Executive Compensation
On a vote by ballot, an advisory resolution was passed accepting the approach to executive
compensation disclosed in Camecos Management Proxy Circular delivered in advance of this meeting.
The outcome of the ballot vote, after giving effect to the twenty-five (25%) percent non-resident
voting restriction, was as follows:
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Votes For |
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% Votes For |
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Votes Against |
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% Votes Against |
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183,778,516 |
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92.41 |
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15,088,544 |
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7.59 |
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Cameco Corporation |
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By:
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/s/ Gary M. S. Chad
Gary M. S. Chad
Senior Vice-President, Governance,
Law and Corporate Secretary
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