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PHOENIX, Could 10, 2024 (GLOBE NEWSWIRE) — International Water Assets, Inc., (“the Firm”), (NASDAQ: GWRS), a pure-play water useful resource administration firm, introduced that the nominees listed within the Proxy Assertion, dated March 26, 2024, for the 2024 Annual Assembly of Stockholders (“the Assembly”) have been chosen as Administrators of the Firm. As of the March 14, 2024 document date for the dedication of the shareholders entitled to note of and to vote on the assembly, 24,175,947 shares of widespread inventory have been excellent and eligible to vote. A complete of 20,682,036 shares have been voted in particular person or by proxy on the assembly. The outcomes of the vote for the election of the Administrators on the Assembly have been as follows:
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Votes For | % of Whole Shares Voted |
Votes Withheld |
% of Whole Shares Voted |
Dealer Non-Votes |
% of Whole Shares Voted |
|||||||
Ron L. Fleming | 19,450,399 | 94.04 | % | 208,787 | 1.01 | % | 1,022,850 | 4.95 | % | |||
Richard M. Alexander | 18,756,037 | 90.69 | % | 903,149 | 4.37 | % | 1,022,850 | 4.95 | % | |||
Andrew M. Cohn | 19,334,741 | 93.49 | % | 324,445 | 1.57 | % | 1,022,850 | 4.95 | % | |||
Debra G. Coy | 17,714,292 | 85.65 | % | 1,944,894 | 9.40 | % | 1,022,850 | 4.95 | % | |||
Brett Huckelbridge | 19,321,525 | 93.42 | % | 337,661 | 1.63 | % | 1,022,850 | 4.95 | % | |||
Jonathan L. Levine | 19,347,311 | 93.55 | % | 311,875 | 1.51 | % | 1,022,850 | 4.95 | % | |||
David Rousseau | 18,807,278 | 90.94 | % | 851,908 | 4.12 | % | 1,022,850 | 4.95 | % |
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As well as, on the Assembly, the appointment of Deloitte & Touche LLP because the Firm’s impartial registered public accounting agency for the fiscal yr ending December 31, 2024 was ratified. The outcomes of the vote have been as follows:
Votes For | % of Whole Shares Voted |
Votes Towards |
% of Whole Shares Voted |
Abstentions | % of Whole Shares Voted |
Dealer Non-Votes |
% of Whole Shares Voted |
|
20,623,352 | 99.72% | 41,712 | 0.20% | 16,972 | 0.08% | — | —% |
As well as, on the Assembly, approval on an advisory foundation, of the compensation of the Firm’s named government officers was permitted. The outcomes of the vote have been as follows:
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Votes For | % of Whole Shares Voted |
Votes Towards |
% of Whole Shares Voted |
Abstentions | % of Whole Shares Voted |
Dealer Non-Votes |
% of Whole Shares Voted |
19,397,303 | 93.79% | 237,548 | 1.15% | 24,335 | 0.12% | 1,022,850 | 4.95% |
Additionally on the Assembly, the ratification of the modification to the 2020 Incentive Plan to extend the whole variety of shares within the plan was permitted. The outcomes of the vote have been as follows:
Votes For | % of Whole Shares Voted |
Votes Towards |
% of Whole Shares Voted |
Abstentions | % of Whole Shares Voted |
Dealer Non-Votes |
% of Whole Shares Voted |
19,469,455 | 94.14% | 165,291 | 0.80% | 24,440 | 0.12% | 1,022,850 | 4.95% |
About International Water Assets
International Water Assets, Inc. is a number one water useful resource administration firm that owns and operates 32 programs which give water, wastewater, and recycled water providers. The corporate’s service areas are situated primarily in development corridors round metropolitan Phoenix. International Water recycles over 1 billion gallons of water yearly with a complete of 16.7 billion gallons recycled since 2004.
The corporate has been acknowledged for its extremely efficient implementation of Whole Water Administration (TWM). TWM is an built-in strategy to managing the whole water cycle that entails proudly owning and working water, wastewater and recycled water utilities inside the similar geographic space with the intention to maximize the useful use of recycled water. It permits good water administration applications akin to distant metering infrastructure and different superior applied sciences, fee designs, and incentives that lead to actual conservation. TWM helps shield water provides in water-scarce areas experiencing inhabitants development.
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International Water has obtained quite a few trade awards, together with nationwide recognition as a ‘Utility of the Future In the present day’ for its superior water reuse practices by a nationwide consortium of water and conservation organizations led by the Water Surroundings Federation (WEF). The corporate additionally obtained Cityworks’ Excellence in Departmental Observe Award for demonstrating management and creativity in making use of public asset administration methods to day by day operations and long-term planning.
To study extra, go to www.gwresources.com.
Firm Contact:
Michael J. Liebman
CFO and SVP
Tel (480) 999-5104
E mail Contact
Investor Relations Contact:
Ron Each or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
E mail Contact
Media Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
E mail Contact
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