Exhibit 1
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| | |
| | GARY M.S. CHAD, Q.C. |
| | Senior Vice-President, |
| | Chief Legal Officer and |
| | Corporate Secretary |
| |
| | CAMECO CORPORATION |
| | Corporate Office |
May 15, 2013 | | 2121 - 11th Street West |
| | Saskatoon, Saskatchewan |
| | Canada S7M 1J3 |
Canadian Securities Administrators | | |
| |
| | Tel 306.956.6303 |
| | Fax 306.956.6312 |
| | www.cameco.com |
Cameco Corporation
Annual Meeting May 14, 2013
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 14, 2013. 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 | | Victor Zaleschuk |
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:
May 15, 2013
Page 2
Vote Results Before Reduction of Non-resident Vote:
| | | | | | | | | | | | | | | | |
Nominee | | Votes For | | | % Votes For | | | Withheld | | | % Votes Withheld | |
Ian Bruce | | | 221,432,749 | | | | 97.10 | % | | | 6,616,400 | | | | 2.90 | % |
Daniel Camus | | | 209,438,005 | | | | 91.84 | % | | | 18,611,144 | | | | 8.16 | % |
John Clappison | | | 212,129,076 | | | | 93.02 | % | | | 15,920,073 | | | | 6.98 | % |
Joe Colvin | | | 220,988,844 | | | | 96.90 | % | | | 7,060,305 | | | | 3.10 | % |
James Curtiss | | | 211,811,083 | | | | 92.88 | % | | | 16,238,066 | | | | 7.12 | % |
Donald Deranger | | | 193,028,190 | | | | 84.64 | % | | | 35,020,959 | | | | 15.36 | % |
Tim Gitzel | | | 221,195,481 | | | | 96.99 | % | | | 6,853,668 | | | | 3.01 | % |
James Gowans | | | 221,415,419 | | | | 97.09 | % | | | 6,633,730 | | | | 2.91 | % |
Nancy Hopkins | | | 221,118,654 | | | | 96.96 | % | | | 6,930,495 | | | | 3.04 | % |
Anne McLellan | | | 211,559,020 | | | | 92.77 | % | | | 16,490,129 | | | | 7.23 | % |
Neil McMillan | | | 206,814,849 | | | | 90.69 | % | | | 21,234,300 | | | | 9.31 | % |
Victor Zaleschuk | | | 221,012,336 | | | | 96.91 | % | | | 7,036,813 | | | | 3.09 | % |
Vote Results After Reduction of Non-resident Vote to 25%:
| | | | | | | | | | | | | | | | |
Nominee | | Votes For | | | % Votes For | | | Withheld | | | % Votes Withheld | |
Ian Bruce | | | 203,484,733 | | | | 96.90 | % | | | 6,514,618 | | | | 3.10 | % |
Daniel Camus | | | 191,938,445 | | | | 91.40 | % | | | 18,060,906 | | | | 8.60 | % |
John Clappison | | | 194,181,330 | | | | 92.47 | % | | | 15,818,021 | | | | 7.53 | % |
Joe Colvin | | | 203,074,784 | | | | 96.70 | % | | | 6,924,568 | | | | 3.30 | % |
James Curtiss | | | 193,893,634 | | | | 92.33 | % | | | 16,105,717 | | | | 7.67 | % |
Donald Deranger | | | 178,640,791 | | | | 85.07 | % | | | 31,358,560 | | | | 14.93 | % |
Tim Gitzel | | | 203,242,515 | | | | 96.78 | % | | | 6,756,836 | | | | 3.22 | % |
James Gowans | | | 203,467,767 | | | | 96.89 | % | | | 6,531,585 | | | | 3.11 | % |
Nancy Hopkins | | | 203,175,923 | | | | 96.75 | % | | | 6,823,429 | | | | 3.25 | % |
Anne McLellan | | | 193,697,176 | | | | 92.24 | % | | | 16,302,175 | | | | 7.76 | % |
Neil McMillan | | | 189,026,316 | | | | 90.01 | % | | | 20,973,036 | | | | 9.99 | % |
Victor Zaleschuk | | | 203,061,771 | | | | 96.70 | % | | | 6,937,581 | | | | 3.30 | % |
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:
May 15, 2013
Page 3
Vote Results Before Reduction of Non-resident Vote:
| | | | | | | | | | | | |
Votes For | | % Votes For | | | Votes Withheld | | | % Votes Withheld | |
244,171,164 | | | 97.73 | % | | | 5,677,901 | | | | 2.27 | % |
Vote Results After Reduction of Non-resident Vote to 25%:
| | | | | | | | | | | | |
Votes For | | % Votes For | | | Votes Withheld | | | % Votes Withheld | |
204,570,635 | | | 97.41 | % | | | 5,428,716 | | | | 2.59 | % |
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 | |
208,199,996 | | | 91.29 | % | | | 19,853,140 | | | | 8.71 | % |
Vote Results After Reduction of Non-resident Vote to 25%:
| | | | | | | | | | | | |
Votes For | | % Votes For | | | Votes Against | | | % Votes Against | |
185,369,640 | | | 90.60 | % | | | 19,184,716 | | | | 9.40 | % |
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Cameco Corporation |
| |
By: | | “Gary M. S. Chad” |
| | Gary M. S. Chad |
| | Senior Vice-President, Chief Legal Officer |
| | and Corporate Secretary |