Goodfood Market Corp. Reports Voting Results and Announces Adoption of Advance Notice By-law

MONTREAL, QUEBEC--(Marketwired - Jan. 11, 2018) - Goodfood Market Corp. ("Goodfood" or the "Company") (TSX:FOOD), held its annual meeting of shareholders in Montreal at the offices of Fasken Martineau DuMoulin LLP.

1. Election of Directors

All of the nominees for director listed in the Company's Management Proxy Circular dated November 28, 2017 were elected by a majority of shareholders. The voting results for each nominee are as follows:

Nominees	Votes for	Votes withheld
Jonathan Ferrari	33,496,019 (99.997%)	1,000 (0.003%)
Neil Cuggy	33,496,019 (99.997%)	1,000 (0.003%)
Hamnett Hill	33,496,019 (99.997%)	1,000 (0.003%)
Guy LeBlanc	33,496,019 (99.997%)	1,000 (0.003%)
Donald Olds	33,496,019 (99.997%)	1,000 (0.003%)

2. Appointment of Auditors

KPMG LLP were appointed as auditors of the Company for Fiscal 2018. The voting results are as follows:

Result	Votes for	Votes withheld
Carried	33,718,694 (100%)	25 (0%)

3. Ratification, Confirmation and Approval of the By-Laws of the Company

The new general by-laws of the Company (the "General By-laws"), were approved and confirmed as the general by-laws of the Company in replacement of the previous By-law No. 1. The General By-laws contained advance notice provisions requiring that shareholders provide notice for director nominations to the Company prior to any annual or special meeting of shareholders where directors are to be elected (the "Advance Notice Provisions").

The Advance Notice Provisions ensure that (i) all shareholders receive adequate notice of director nominations and sufficient time and information with respect to all nominees to make appropriate deliberations and register an informed vote; and (ii) that annual or special meetings of shareholders of the Company proceed in an orderly and efficient manner. The Advance Notice Provisions fix the deadlines by which shareholders must submit director nominations to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in a timely written notice to the Company for any director nominee to be eligible for election at such annual or special meeting of shareholders.