In order to comply with the requirements of the TSX Company Manual, we have posted the required documents.
The Board believes in the importance of open and constructive dialogue with its shareholders. To facilitate such engagement, the Board, following the recommandation of the Corporate Governance and Nominating Committee, has approved a policy outlining how the Board and Management may communicate with shareholders, and vice-versa. This policy is available on the Corporation's website at www.cascades.com. Shareholders may communicate with the Board or Committee Chairs through the Corporate Secretary's office, by mail or email, with the mention "confidential".
404 Marie-Victorin Blvd. P.0. Box 30
Kingsey Falls (Québec) J0A 1B0
or by email at email@example.com
Under National Policy 58-201, corporate governance guidelines and National Instrument 58-101, disclosure of corporate governance practices of the Canadian Securities Administrators, the Corporation is required to disclose information relating to its corporate governance practices. This information is set out in Schedule B to its most recent management proxy circular.
The burn rate is the percentage calculated by dividing the number of securities granted during the applicable fiscal year, in accordance with the Corporation's Share Purchase Plan, by the weighted average number of outstanding securities of the issuer at the beginning of the applicable fiscal year adjusted by securities bought back or issued under the arrangement during the period.
The following table summarizes the burn rate during the last three fiscal years.