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Chemtrade Announces Voting Results From Annual Meeting of Unitholders

T.CHE.DB.E | May 17, 2024

Chemtrade Logistics Income Fund (TSX: CHE.UN) (the “Fund”) today announced results for matters voted on at the Fund’s annual meeting of unitholders held in Toronto on May 16, 2024. A total of 36,674,121, or 31.30% of the Fund’s issued and outstanding units as at the record date, were voted by proxy in connection with the annual meeting.

Election of Trustees
On a vote by show of hands, all nominees listed in the management information circular for the annual meeting, were elected as trustees of the Fund. The following proxy votes from unitholders with respect to the election of the eight nominees are set out below:

*Nominees*	*Units Voted For*	*% For*	*Units Voted Withheld*	*% Withheld*
Douglas Muzyka	35,409,100	97.80%	796,509	2.20%
Lucio Di Clemente	34,947,849	96.53%	1,257,760	3.47%
Daniella Dimitrov	35,159,266	97.11%	1,046,343	2.89%
Luc Doyon	35,360,063	97.66%	845,546	2.34%
Gary Merasty	35,203,968	97.23%	1,001,641	2.77%
Emily Moore	35,436,168	97.87%	769,441	2.13%
Katherine Rethy	35,329,069	97.58%	876,540	2.42%
Scott Rook	35,512,604	98.09%	693,005	1.91%

Appointment of Auditors
On a vote by show of hands, unitholders approved the re-appointment of KPMG LLP, Chartered Professional Accountants, as auditors of the Fund and authorized the trustees to fix the auditors’ remuneration. The following proxy votes from unitholders with respect to the appointment of KPMG LLP as auditors of the Fund are set out below:

*Units Voted For*	*% For*	*Units Voted Withheld*	*% Withheld*
35,685,673	97.30%	988,448	2.7%

Vote Regarding Approach to Executive Compensation (“Say on Pay”)
On a non-binding advisory vote by show of hands, unitholders voted in favour of the Fund’s approach to executive compensation disclosed in the Fund’s management information circular dated March 8, 2024. The following proxy votes from unitholders with respect to the ‘Say on Pay’ vote are set out below:

*Units Voted For*	*% For*	*Units Voted Against*	*% Against*
34,592,192	95.55%	1,609,957	4.45%

About Chemtrade

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite and sodium hydrosulphite. Chemtrade is also the largest producer of high purity sulphuric acid for the semiconductor industry in North America. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.