Superior Plus Reports Voting Results of Annual Meeting of Shareholders

TORONTO, ONTARIO -- (Marketwired) -- 04/29/16 -- Superior Plus Corp. ("Superior" or the "Corporation") (TSX: SPB) held its annual meeting of shareholders on April 28, 2016 in Toronto (the "Meeting"). Pursuant to the requirements of the Toronto Stock Exchange, Superior is issuing this news release to summarize the voting results in respect of the Meeting.

A total of 84,970,246 common shares ("Common Shares") of the Corporation, representing approximately 60.22% of Common Shares, were represented in person or by proxy at the Meeting.

The ten director nominees proposed by management were elected by ballot at the Meeting. Proxies and in person votes were received as follows:

Nominee                            Votes For              Votes Withheld
-------------------------   -----------------------   ----------------------
                                Number   Percentage      Number   Percentage
                            ----------   ----------   ---------   ----------
Catherine (Kay) M. Best     74,946,013       88.64%   9,607,538       11.36%
Eugene V.N. Bissell         83,211,366       98.41%   1,342,185        1.59%
Richard Bradeen             83,233,878       98.44%   1,319,673        1.56%
Luc Desjardins              84,265,503       99.66%     288,048        0.34%
Robert J. Engbloom          78,574,160       92.93%   5,979,391        7.07%
Randall J. Findlay          83,072,802       98.25%   1,480,749        1.75%
Mary Jordan                 83,160,520       98.35%   1,393,031        1.65%
Walentin (Val) Mirosh       83,369,308       98.60%   1,184,243        1.40%
Douglas Harrison            83,158,706       98.35%   1,394,845        1.65%
David P. Smith              80,864,101       95.64%   3,689,450        4.36%

Shareholders also approved a non-binding advisory vote regarding the Corporation's approach to executive compensation by a margin of 93.89% of the Common Shares voted in person or by proxy at the Meeting. In addition, Shareholders approved a resolution appointing Deloitte LLP as the Corporation's auditors by a margin of 88.13% of the Common Shares, voted in person or by proxy at the Meeting.

About the Corporation

Superior consists of three primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.

For further information about Superior, please visit our website at: www.superiorplus.com.

Contacts:
Superior Plus Corp.
Beth Summers
Vice-President and Chief Financial Officer
(416) 340-6015
(416) 340-6030 (FAX)
[email protected]

Superior Plus Corp.
Rob Dorran
Vice-President, Investor Relations and Treasurer
(416) 340-6003 or Toll Free: 1-866-490-PLUS (7587)
(416) 340-6030 (FAX)
[email protected]
www.superiorplus.com

Source: Superior Plus Corp.

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