Canadian Tire Announces Election of Directors

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CANADIAN TIRE CORPORATION, LIMITED

May 09, 2013, 16:25 ET

TORONTO, May 9, 2013 /CNW/ - Canadian Tire Corporation, Limited (the "Company") (TSX:CTC) (TSX:CTC.a) announced today that each of the sixteen director nominees listed in the Management Information Circular dated March 14, 2013 were elected as directors of the Company at the Annual Meeting of Shareholders of the Company (the "Meeting") held earlier today in Toronto.  The detailed results of the vote for the election of directors held at the Meeting are set out below.

On a vote by a show of hands, the following thirteen nominees proposed by management were elected as directors of the Company by the holders of Common Shares.  The Company received the following proxy votes from the holders of Common Shares with respect to the election of the thirteen nominees:

                                 
Nominee       Proxy Votes
For 		      % of Proxy Votes
For 		      Proxy Votes
Withheld 		      % of Proxy Votes
Withheld
Iain C. Aitchison       2,553,494       99.97       768       0.03
Martha G. Billes       2,553,684       99.98       578       0.02
Owen G. Billes       2,553,674       99.98       588       0.02
H. Garfield Emerson       2,553,629       99.98       633       0.02
John A.F. Furlong       2,553,098       99.95       1,164       0.05
James L. Goodfellow       2,553,675       99.98       587       0.02
Jonathan Lampe       2,553,548       99.97       714       0.03
Claude L'Heureux       2,553,345       99.96       917       0.04
Maureen J. Sabia       2,553,139       99.96       1,123       0.04
Peter B. Saunders       2,553,324       99.96       938       0.04
Graham W. Savage       2,553,629       99.98       633       0.02
George Vallance       2,553,547       99.97       715       0.03
Stephen G. Wetmore       2,553,544       99.97       718       0.03

On a vote by a show of hands, the following three nominees proposed by management were elected as directors of the Company by the holders of Class A Non-Voting Shares.  The Company received the following proxy votes from the holders of Class A Non-Voting Shares with respect to the election of the three nominees:

                                 
Nominee
       Proxy Votes
For 		      % of Proxy
Votes For 		      Proxy Votes
Withheld 		      % of Proxy
Votes Withheld
Pierre Boivin       52,319,102       98.44       829,786       1.56
Frank Potter       48,354,774       90.99       4,789,714       9.01
Timothy R. Price       51,930,886       97.72       1,213,242       2.28

Each of the sixteen nominees elected will serve on the board of directors of the Company until the next annual election of directors.

About Canadian Tire Corporation
Canadian Tire Corporation, Limited (TSX:CTC.a) (TSX:CTC) is a Family of Companies that includes Canadian Tire Retail, Partsource, Gas+, FGL Sports (Sport Chek, Hockey Experts, Sports Experts, National Sports, Intersport and Atmosphere), Mark's and Canadian Tire Financial Services.  With more than 1,700 retail and gasoline outlets from coast-to-coast, our primary retail business categories - Automotive, Living, Fixing, Playing and Apparel - are supported and strengthened by our Financial Services division. Over 85,000 people are employed across the Canadian Tire enterprise, which was founded in 1922 and remains one of Canada's most recognized and trusted brands. For more information, visit Corp.CanadianTire.ca. 

SOURCE: CANADIAN TIRE CORPORATION, LIMITED

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