May 15, 2024

Leadership

Gildan Activewear Board of Directors Issues Letter to Shareholders

  • Board Urges Shareholders to Vote “FOR” ALL Gildan’s Qualified and Experienced Director Nominees and Karen Stuckey and J.P. Towner on the BLUE Proxy Card

Montreal, May 15, 2024 – Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that its Board of Directors has issued a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) to be held on May 28, 2024.

At the 2024 Annual Meeting, activist investor Browning West is seeking to replace eight of Gildan’s highly qualified directors with its own candidates, including its own Co-Founder, Peter Lee, and reinstall Glenn Chamandy, as CEO of the Company. Gildan’s Board strongly urges shareholders to vote “FOR” ALL Gildan nominees as well as Karen Stuckey and J.P. Towner on the BLUE proxy card.

Read the full press release by clicking here.

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