UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of April 2024
Commission File Number: 001-02413
Canadian National Railway Company
(Translation of registrant’s name into English)
935 de la Gauchetiere Street West
Montreal, Quebec
Canada H3B 2M9
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ¨ Form 40-F x
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Canadian National Railway Company |
| |
Date: April 26, 2024 | By: | /s/ Cristina Circelli |
| | Name: | Cristina Circelli |
| | Title: | Vice-President, Corporate Secretary and General Counsel |
CANADIAN NATIONAL RAILWAY COMPANY
Table of Content
Item 1
VIA SEDAR
April 26, 2024
To: | Autorité des marchés financiers |
Alberta Securities Commission
British Columbia Securities Commission
Manitoba Securities Commission
Financial and Consumer Services Commission (New Brunswick)
Office of the Superintendent of Securities Service Newfoundland and Labrador
Office of the Superintendent of Securities (Northwest Territories)
Nova Scotia Securities Commission
Ontario Securities Commission
Financial and Consumer Services Division (Prince Edward Island)
Financial and Consumer Affairs Authority of Saskatchewan
Office of the Yukon Superintendent of Securities
Office of the Superintendent of Securities Nunavut
RE: | Canadian National Railway Company Report of Voting Results pursuant to section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") |
Following the Annual Meeting of Shareholders of Canadian National Railway Company (the “Company”) held on Friday, April 26, 2024, at 10:00 a.m. (Eastern Daylight Time) via live webcast (the “Meeting”), and in accordance with section 11.3 of NI 51-102, we hereby advise you of the following voting results obtained at the Meeting.
A ballot was conducted with respect to the election of directors. The 11 director nominees proposed by management were elected as directors. According to proxies received and ballots cast, each of the following 11 individuals were elected as directors of the Company until the next annual shareholder meeting or until such person’s successor is elected or appointed, with the following results:
NAME OF NOMINEE | | VOTES FOR | | | % | | | VOTES AGAINST | | | % | |
Shauneen Bruder | | | 491,056,956 | | | | 99.14 | % | | | 4,246,242 | | | | 0.86 | % |
Jo-ann dePass Olsovsky | | | 490,656,048 | | | | 99.06 | % | | | 4,647,283 | | | | 0.94 | % |
David Freeman | | | 492,742,471 | | | | 99.48 | % | | | 2,560,864 | | | | 0.52 | % |
Denise Gray | | | 492,334,756 | | | | 99.40 | % | | | 2,968,574 | | | | 0.60 | % |
Justin M. Howell | | | 491,141,171 | | | | 99.16 | % | | | 4,162,163 | | | | 0.84 | % |
Susan C. Jones | | | 492,826,766 | | | | 99.50 | % | | | 2,476,567 | | | | 0.50 | % |
Robert Knight | | | 492,786,125 | | | | 99.49 | % | | | 2,517,211 | | | | 0.51 | % |
Michel Letellier | | | 491,959,180 | | | | 99.32 | % | | | 3,344,155 | | | | 0.68 | % |
Margaret A. McKenzie | | | 490,981,602 | | | | 99.13 | % | | | 4,321,731 | | | | 0.87 | % |
Al Monaco | | | 490,856,506 | | | | 99.10 | % | | | 4,446,827 | | | | 0.90 | % |
Tracy Robinson | | | 494,648,299 | | | | 99.87 | % | | | 653,237 | | | | 0.13 | % |
| 2. | Appointment of Auditors |
KPMG LLP was appointed as the Company’s auditors until the next annual meeting of shareholders by a majority of the shareholders on vote by ballot. The percentage of common shares voted “FOR” the appointment of the auditors was 90.94% of the common shares represented at the Meeting, as follows:
Votes FOR — 460,862,986 (90.94%)
Votes WITHHELD — 45,923,202 (9.06%)
| 3. | Resolution confirming the adoption of By-Law no. 2 relating to the Advance Nominations of Directors of the Company |
A ballot was conducted with respect to the confirmation of By-Law no. 2 relating to the Advance Nominations of Directors of the Company (“By-Law no. 2”). The resolution confirming the adoption of By-Law no. 2 was approved by a majority of votes cast “FOR” the resolution, as follows:
Votes FOR — 494,006,370 (99.74%)
Votes AGAINST — 1,296,967 (0.26%)
| 4. | Resolution approving amendments to the Company’s Management Long-Term Incentive Plan |
A ballot was conducted with respect to the approval of certain proposed amendments to the Company’s Management Long-Term Incentive Plan (the “MLTIP”). The resolution approving the amendments to the MLTIP was approved by a majority of votes cast “FOR” the resolution, as follows:
Votes FOR — 487,675,779 (98.46%)
Votes AGAINST — 7,627,128 (1.54%)
| 5. | Non-binding Advisory Resolution on Executive Compensation |
A ballot was conducted with respect to the non-binding advisory vote on the Company’s approach to executive compensation. The percentage of common shares voted “FOR” the Company’s approach to executive compensation was 97.41% of the common shares represented at the Meeting, as follows:
Votes FOR — 482,455,061 (97.41%)
Votes AGAINST — 12,847,839 (2.59%)
| 6. | Non-binding Advisory Resolution on CN’s Climate Action Plan |
A ballot was conducted with respect to the non-binding advisory vote on the Company’s Climate Action Plan. The percentage of common shares voted “FOR” the Company’s Climate Action Plan was 97.51% of the common shares represented at the Meeting, as follows:
Votes FOR — 482,962,958 (97.51%)
Votes AGAINST — 12,339,955 (2.49%)
A ballot was conducted with respect to the adoption of a shareholder proposal (the “Shareholder Proposal”) submitted by Vancity Investment Management Ltd. and supported by Reynders, McVeigh Capital Management. A majority of the common shares represented at the Meeting voted “AGAINST” the Shareholder Proposal, as follows:
Votes FOR — 49,144,727 (9.92%)
Votes AGAINST — 446,158,485 (90.08%)
Yours truly,
/s/ Cristina Circelli | |
Vice-President, Corporate Secretary and General Counsel | |