IAMGOLD Corporation (IMG) Earnings Call Transcript

Hello, and welcome to the Annual Meeting of Shareholders of IAMGOLD Corporation. Please note that today's meeting is being recorded. [Operator Instructions] It is now my pleasure to turn today's meeting over to Maryse Belanger, Chair of the Board. The floor is yours.

Thank you. Good morning, and welcome to the Annual Meeting of Shareholders of IAMGOLD Corporation. My name is Maryse Belanger and, as Chair of the Board of Directors in accordance with our bylaws, I will chair the meeting. Joining me are Renaud Adams, President and CEO and a member of the Board of Directors; and Tim Bradburn, Senior Vice President, General Counsel and Corporate Secretary. The other directors of the company joining us today are Ian Ashby, Christiane Bergevin, Ann Masse, Peter O'Hagan, Kevin O'Kane and David Smith. As this is a virtual meeting, it is necessary to set out a few rules for the orderly conduct of the meeting. Voting on all matters will be by electronic ballot. Registered shareholders and duly appointed proxy holders will be asked to vote on all matters of formal business after the motions have been put to the meeting. When asked to vote, you will receive a message on the virtual interface requesting you to place your votes. You will have a short amount of time to do so when the polls are open. Following the presentation of all matters of formal business and prior to voting, there will be an opportunity for questions in respect of the business of the meeting. Questions can be submitted by any registered shareholder or duly appointed proxy holder using the instant messaging service in the virtual interface. When asking a question, please indicate your name and which entity you represent, if any, and confirm that you are a registered shareholder or a duly appointed proxy holder. Questions will be addressed prior to the commencement of voting on the matters of formal business. I now ask that the Annual Meeting of the Shareholders of IAMGOLD Corporation come to order. I appoint Tim Bradburn, Senior Vice President, General Counsel and Corporate Secretary as secretary of the meeting. I appoint Computershare Trust Company of Canada as scrutineer of the meeting. The business of the meeting is set out in the management information circular dated April 10, 2023. The notice calling this meeting, the management information circular and the form of proxy were mailed to shareholders on or around April 14, 2023. Prior to that, the audited consolidated financial statements of the company for the year ended December 31, 2022, and related MD&A were mailed to shareholders who requested them. Copies of the management information circular and other meeting materials are available under the company's profile on the SEDAR or EDGAR website. Our transfer agent has attested to the proper mailing of the notice calling this meeting. They have been filed with me, proof of such mailing, and I direct that the secretary attach a copy of it to the minutes. I am advised that the quorum of shareholders in accordance with the bylaws is present and the meeting is, therefore, properly called and duly constituted for the transaction of business. I have received the scrutineer's report in this regard, and I direct that the secretary attach a copy of it to the minutes of this meeting. I have been advised that based on the proxies properly deposited and voted, all matters have been overwhelmingly approved. As the first item of business, I put before the meeting the audited consolidated financial statements of the company for the year ended December 31, 2022, together with the auditor's report. Copies of such documents were mailed to shareholders who requested them. There will be an opportunity for shareholders to ask questions concerning the financial statements following the presentation of all matters of formal business. The next item of business is the election of directors. The 8 directors nominated for election by shareholders shall hold office until the close of business of the next Annual Meeting of Shareholders or their successors are elected or appointed. Renault Adams, Ian Ashby, Maryse Belanger, Christiane Bergevin, Ann Masse, Peter O'Hagan, Kevin O'Kane, David Smith has each been nominated as directors and each of the persons nominated has confirmed that he or she is prepared to serve as a director. I put the motion to the meeting to elect the directors. The next item of business is the reappointment of the auditor of the company. I put the motion to the meeting that KPMG LLP be reappointed auditor of the company until the next Annual Meeting of Shareholders and that the Board of Directors be authorized to fix their remuneration. The next item of business is the approval of the company's approach to executive compensation as described in the management information circular. I put the motion to the meeting to approve the company's approach to executive compensation as described in the management information circular. Voting on all motions will be by electronic ballot. Before the polls are open, I would like to take a brief opportunity to answer any questions from registered shareholders or proxy holders regarding the business of the meeting. Please submit your questions using the instant messaging feature on the virtual interface. As there are no questions, I now ask that voting on the matters of formal business by way of electronic ballot be open to registered holders and appointed proxy holders. The polls are now open and all registered shareholders and appointed proxy holders who have properly logged in with their control numbers or usernames and wish to vote will be able to see on the screen all motions made at this meeting for vote of shareholders. Please register your vote by accessing the voting page and selecting the For or Against button next to the name of each nominated directors. The For or Withhold button next to the appointment of KPMG LLP and the For or Against button next to the resolution in respect of the company's approach to executive compensation. We will provide registered shareholders and appointed proxy holders a few more moments to complete the electronic ballot. Once the electronic balloting closes, the voting page will disappear, and your votes will be automatically submitted. [Voting]

I have been advised by the scrutineer that the ballots tallied result in each of the matters of the formal business of the meeting being approved. I direct that the results of the poll be included with the minutes of this meeting and that the results be announced in a press release. As the business of the meeting set out in the notice of meeting has now been completed and there is no further business to come before the meeting, I declare the meeting to be concluded. As previously announced by the company on April 11, 2023, the company will release its financial and operating results for the first quarter of 2023 this evening after the close of market and will be hosting a conference call too morning at 8:30 Eastern Time to discuss the results. At that time, I and members of management will be available to answer questions from attendees. Information on the how to attend tomorrow's conference call is included in the company's April 11, 2023, press release, which can be found on the company's website and on SEDAR. Thank you all for attending, and the operator will now disconnect this call.

Thank you. And this concludes the meeting, and you may now disconnect.