TAMPA,
Fla., June 1, 2023 /PRNewswire/ - Primo Water
Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo
Water"), a leading provider of sustainable drinking water
solutions in North America and
Europe, today announced the
results of voting for directors at its annual and special meeting
of shareowners held on May 31, 2023
(the "Meeting"). By a vote conducted by ballot, each of the
nominees listed in the proxy statement dated May 3,
2023 was elected as a director of the Company at the Meeting.
The detailed voting results are as follows:
Nominee
|
# of Votes
For
|
% of Votes
For
|
# of Votes
Withheld
|
% of Votes
Withheld
|
Britta
Bomhard
|
137,711,062
|
97.40 %
|
3,677,067
|
2.60 %
|
Susan E.
Cates
|
139,352,381
|
98.56 %
|
2,035,748
|
1.44 %
|
Eric J. Foss
|
124,606,969
|
88.13 %
|
16,781,160
|
11.87 %
|
Jerry Fowden
|
134,522,815
|
95.14 %
|
6,865,314
|
4.86 %
|
Thomas J.
Harrington
|
138,979,277
|
98.30 %
|
2,408,852
|
1.70 %
|
Derek R.
Lewis
|
139,587,591
|
98.73 %
|
1,800,538
|
1.27 %
|
Lori T.
Marcus
|
139,564,602
|
98.71 %
|
1,823,527
|
1.29 %
|
Billy D.
Prim
|
137,063,760
|
96.94 %
|
4,324,369
|
3.06 %
|
Archana
Singh
|
139,088,279
|
98.37 %
|
2,299,850
|
1.63 %
|
Steven P.
Stanbrook
|
139,145,268
|
98.41 %
|
2,242,861
|
1.59 %
|
Details of the voting results on all matters considered at the
Meeting are available in the Company's report of voting results,
which is available under the Company's profile on SEDAR
at www.sedar.com.
ABOUT PRIMO WATER CORPORATION
Primo Water is a leading
pure-play water solutions provider in North America and Europe and generated approximately
$2.2 billion in annual revenue in
2022. Primo Water operates largely
under a recurring revenue model in the large format water category
(defined as 3 gallons or greater). This business strategy is
commonly referred to as "razor-razorblade" because the initial sale
of a product creates a base of users who frequently purchase
complementary consumable products. The razor in Primo Water's revenue model is its industry
leading line-up of innovative water dispensers, which are sold
through approximately 10,000 retail locations and online at various
price points. The dispensers help increase household and business
penetration which drives recurring purchases of Primo Water's razorblade offering or water
solutions. Primo Water's razorblade
offering is comprised of Water Direct, Water Exchange, and Water
Refill. Through its Water Direct business, Primo Water delivers sustainable hydration
solutions across its 21-country footprint direct to customers,
whether at home or to businesses. Through its Water Exchange
business, customers visit retail locations and purchase a
pre-filled bottle of water. Once consumed, empty bottles are
exchanged at our recycling center displays, which provide a ticket
that offers a discount toward the purchase of a new bottle. Water
Exchange is available in approximately 17,500 retail locations.
Through its Water Refill business, customers refill empty bottles
at approximately 23,500 self-service refill drinking water
machines. Primo Water also offers
water filtration units across its 21-country footprint.
Primo Water's water solutions
expand consumer access to purified, spring, and mineral water to
promote a healthier, more sustainable lifestyle while
simultaneously reducing plastic waste and pollution. Primo Water is committed to its water
stewardship standards and is proud to partner with the
International Bottled Water Association (IBWA) in North America as well as with Watercoolers
Europe (WE), which ensure strict adherence to safety, quality,
sanitation and regulatory standards for the benefit of consumer
protection.
Primo Water is headquartered in
Tampa, Florida (USA). For more
information, visit www.primowatercorp.com.
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SOURCE Primo Water Corporation