Gildan Activewear Publishes Investor Presentation Highlighting Critical Reasons to Vote for Its Director Nominees at Upcoming Annual Meeting

Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks sold to wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [11] - The company markets its products under brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds® across North America, Europe, Asia Pacific, and Latin America [11] - Gildan operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [12] - The company emphasizes industry-leading labor, environmental, and governance practices as part of its ESG program integrated into its long-term business strategy [12] Leadership and Governance - Gildan has announced a new CEO, Vince Tyra, citing his skills, experience, value creation track record, and ability to attract and develop talent as key reasons for his appointment [8] - The company has refreshed its Board of Directors, emphasizing their strong, experienced, and balanced composition to serve all shareholders [8] - Gildan urges shareholders to vote FOR all recommended director nominees on the BLUE proxy card and to disregard any gold proxy card sent by Browning West [3][7] - The company highlights that Glenn Chamandy, the previous CEO, lacked a credible growth strategy and prioritized his own interests over Gildan's, making the leadership change overdue [8] Shareholder Engagement - Gildan has published an investor presentation titled "New, Focused CEO and Refreshed Board Delivering for All Gildan Shareholders" in preparation for the 2024 Annual Meeting [1] - The presentation and additional materials, including CEO succession planning details, are available on the company's website and the 2024 Annual Meeting page [1][2] - Shareholders are encouraged to vote using the BLUE proxy card and to avoid voting for Browning West's director nominees, except for Karen Stuckey and J-P Towner [3][7] - The company is using a universal proxy card containing all Gildan nominees and Browning West's nominees, simplifying the voting process [3]