Highlights of RONA's 2013 Annual Shareholders' Meeting

Highlights of RONA's 2013 Annual Shareholders' Meeting 
BOUCHERVILLE, QUEBEC -- (Marketwired) -- 05/14/13 -- RONA Inc.
(TSX:RON)(TSX:RON.PR.A), the largest Canadian distributor and
retailer of hardware, renovation and gardening products, held its
2013 annual meeting of shareholders today. The following is a brief
summary of the highlights of the meeting held at RONA's head office
in Boucherville, Quebec. 
The meeting was chaired by Robert Chevrier, Executive Chairman of the
Board of Directors. Mr. Chevrier opened the meeting by saying that
fiscal 2012 was a key year for RONA, as it marked the beginning a
major transformation. "Shareholders made it clear to us that they
wanted to see quick and significant changes. We understood what we
had to do. We had to return to our strengths and focus on our
profitable operations in order to realize RONA's full potential, and
that's exactly what we are working on," he said. 
He also noted the recent appointment of Robert Sawyer as President
and Chief Executive Officer. With this appointment, the Board of
Directors chose an expert in retail and distribution operations to
lead RONA during this pivotal period.  
Mr. Sawyer outlined the progress made on implementing RONA's three
strategic priorities. "The initial results are encouraging but a
great deal more remains to be done and will involve an in-depth
review of RONA's commercialization, marketing and supply chain," he
said. He also noted that Alain Brisebois would be taking up the
duties of Executive Vice President and Chief Commercial Officer
effective May 27, 2013. Mr. Brisebois is a veteran of retail sales
who has held a number of strategic positions over the past 30 years.  
Election of members of the Board of Directors 
The following 13 nominees proposed by management at the meeting were
elected as directors by a majority of the ballots cast. Together,
they form a diversified and experienced team that will continue to
provide counsel in the interests of the Corporation and all its
stakeholders. 


 
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Nominee                      Votes for      % for  Abstentions % Abstaining 
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Suzanne            Quebec,                                                  
 Blanchet           Canada  91,500,970      97.77%   2,087,448         2.23%
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Real Brunet        Quebec,                                                  
                    Canada  92,310,449      98.63%   1,277,969         1.37%
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Robert             Quebec,                                                  
 Chevrier           Canada  89,360,249      95.48%   4,233,169         4.52%
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Eric Claus            Nova                                                  
                   Scotia,                                                  
                    Canada  91,587,016      97.86%   2,001,402         2.14%
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Bernard Dorval    Ontario,                                                  
                    Canada  92,289,544      98.61%   1,298,674         1.39%
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Guy G.             Quebec,                                                  
 Dufresne           Canada  91,048,777      97.28%   2,544,641         2.72%
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Barry                                                                       
 Gilbertson     London, UK  91,516,560      97.79%   2,070,858         2.21%
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Jean-Guy           Quebec,                                                  
 Hebert             Canada  92,312,038      98.63%   1,281,380         1.37%
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James             Ontario,                                                  
 Pantelidis         Canada  91,441,895      97.71%   2,142,523         2.29%
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Robert Pare        Quebec,                                                  
                    Canada  91,958,090      98.26%   1,630,328         1.74%
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Steven P.         Ontario,                                                  
 Richardson         Canada  91,602,144      97.87%   1,991,274         2.13%
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Robert Sawyer      Quebec,                                                  
                    Canada  92,393,177      98.73%   1,192,241         1.27%
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Wesley            Ontario,                                                  
 Voorheis           Canada  91,580,581      97.85%   2,012,377         2.15%
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Final results on all matters voted on at the Annual Meeting of
Shareholders held earlier today will be filed with Canadian
securities regulators. Biographies of the RONA Board members are
available at www.rona.ca/corporate/executive-committee.  
Dominique Boies, Executive Vice President and Chief Financial
Officer, summarized the financial results for fiscal 2012 and the
first quarter of 2013. "We expect fiscal 2013 to be a demanding year,
because it will require repositioning that will temporarily disrupt
our operations. But we still have a strong balance sheet and, in this
period of profound transformation of the Corporation, we will
continue to maintain our highly disciplined approach to managing
RONA's capital and ensuring efficiency." 
Robert Sawyer concluded his remarks by outlining his vision of RONA
as the top-performing hardware and building materials retailer in
Canada, capable of satisfying its customers every day. "To carry out
this vision, we must focus on four pillars in our daily operations:
making our customers central to every decision, providing the best
in-store execution, assembling the best team and, lastly, generating
returns and growth for our shareholders.  
Since taking up his duties, Mr. Sawyer has visited a number of stores
to meet with employees and dealer-owners in the network. In just five
weeks, he quickly grasped RONA's potential and reiterated his
commitment to ramping up the transformation of RONA. 
Mr. Boies and Mr. Sawyer remarks can be viewed in the "Recent
Documents" section on the home page of RONA Inc. corporate website. 
Forward-looking statements  
This Press Release includes "forward-looking statements" that involve
risks and uncertainties. All statements other than statements of
historical facts included in this Press Release, including statements
regarding the prospects of the industry and prospects, plans,
financial position and business strategy of the Corporation may
constitute forward-looking statements within the meaning of the
Canadian securities legislation and regulations. Investors and others
are cautioned that undue reliance should not be placed on any
forward-looking statements. 
For more information on the risks, uncertainties and assumptions that
would cause the Corporation's actual results to differ from current
expectations, please also refer to the Corporation's public filings
available at www.sedar.com and www.rona.ca. In particular, further
details and descriptions of these and other factors are disclosed in
the MD&A under the "Risks and uncertainties" section and in the "Risk
factors" section of the Corporation's current Annual Information
Form. 
The forward-looking statements in this Press Release reflect the
Corporation's expectations as at May 14, 2013, and are subject to
change after this date. The Corporation expressly disclaims any
obligation or intention to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, unless required by the applicable securities laws. 
About RONA 
RONA is the largest Canadian distributor and retailer of hardware,
home renovation and gardening products. The Corporation operates over
800 corporate, franchise and affiliate retail stores of various sizes
and formats under different banners, and a network of 14 hardware and
construction materials distribution centres. RONA is also a leader in
the specialized plumbing and HVAC market, primarily serving
commercial and professional customers with a network of close to 60
sales outlets and four distribution centres across the country. With
close to 28,000 employees, the RONA store network generates
consolidated sales of $4.9 billion. For more information, visit
rona.ca.
Contacts:
Media
Valerie Lamarre
Senior Advisor, Communications and Public Affairs
514-599-5900, ext. 5271
valerie.lamarre@rona.ca 
Financial Community
Stephane Milot
Vice President, Finance and Investor Relations
514-599-5951
stephane.milot@rona.ca 
Carl Delisle
Director, Investor Relations, Treasury and Insurance
514-599-5900, ext. 5441
carl.delisle@rona.ca
 
 
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