Extendicare Inc. · TSX:EXE
Extendicare — Shareholder Meeting (May 2022)
22 slides from Extendicare's shareholder meeting presentation, May 26, 2022
Slide 1: 2022 Annual and Special Meeting of Shareholders
Extendicare Inc. 2022 Annual and Special Meeting of Shareholders May 26, 2022
Slide 2: 2022 Annual and Special Meeting of Shareholders
2022 Annual and Special Meeting of Shareholders Alan Torrie Chair of the Board of Directors 2
Slide 3: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements within are based upon information currently available to the COVID-19, it is difficult to predict how significant the adverse the meaning of applicable Canadian securities laws (“forward- Company and on assumptions that
Slide 4: 2022 Annual and Special Meeting of Shareholders
2022 Annual and Special Meeting of Shareholders Alan Torrie Chair of the Board of Directors 4
Slide 5: 2021 Annual financial statements
2021 Annual financial statements • The Financial Statements and Auditors’ Report for the year ended December 31, 2021, are contained in the Company’s 2021 Annual Report. • The Financial Statements have been approved by the Board of Directors and are available on the Company's website. 5
Slide 6: Appointment of auditors
Appointment of auditors MOTION “RESOLVED THAT: KPMG LLP be appointed Auditors of the Company, to hold office until the close of the next annual meeting of shareholders at such remuneration as shall be fixed by the Board of Directors.” 6
Slide 7: Director nominees
Director nominees Norma Michael Alan Torrie Beauchamp Guerriere Sandra Brent Alan Hibben Houlden Hanington Donna Samir Manji Al Mawani Kingelin 7
Slide 8: Election of nine directors
Election of nine directors MOTION “RESOLVED THAT: Norma Beauchamp, Michael Guerriere, Sandra Hanington, Alan Hibben, Brent Houlden, Donna Kingelin, Samir Manji, Al Mawani, and Alan Torrie, be elected as Directors of the Company to hold office until the next annual meeting of shareholders or until th
Slide 9: Long-term incentive plan ("LTIP")
Long-term incentive plan (“LTIP”) MOTION “RESOLVED, as an ordinary resolution of the Shareholders of the Company, that: 1. all unallocated awards under the LTIP are hereby authorized and approved; 2. the Company shall have the ability to continue granting awards under the LTIP until May 26, 2025, be
Slide 10: Say on pay
Say on pay MOTION “RESOLVED THAT: on an advisory basis and not to diminish the role and responsibilities of the Board of Directors, that the Shareholders accept the approach to executive compensation disclosed in this Information Circular delivered in advance of the 2022 annual meeting of Shareholde
Slide 11: Preliminary voting results
2022 Annual and Special Meeting of Shareholders Preliminary voting results Conclusion of formal business and termination of meeting 11
Slide 12: Helping people live better
Helping people live better • We are committed to improving seniors’ care and driving industry- wide change • We prioritize safety, building partnerships and giving back to communities • Eight of nine board directors are independent, with a strong and diverse management leadership team • Recognized b
Slide 13: 2022 Annual and Special Meeting of Shareholders
2022 Annual and Special Meeting of Shareholders Dr. Michael Guerriere President and CEO 13
Slide 14: Keeping our residents, team members and clients safe
Keeping our residents, team members and clients safe • Vaccines key to mitigating the impact of the pandemic • Thank you to our dedicated and compassionate team who make a huge difference in the lives of those we serve 14
Slide 15: Positioned for sustainable growth
Positioned for sustainable growth • Strategic changes made to focus on o/s for new photo growth in long-term care and home health care • Sale of Esprit retirement business to narrow our focus and provide capital to advance our strategy • Partnership with Axium Infrastructure for LTC development capi
Slide 16: Modernizing and expanding long-term care services
Modernizing and expanding long-term care services • The pandemic highlighted the critical need for better care and more long- term care beds in Canada • The Government of Ontario and federal government have announced new funding to support improvements in LTC • Extendicare granted 4,248 beds for 20
Slide 17: Strengthening home health care
Strengthening home health care • Activity levels improving as COVID-19 moderates • New back-office systems position us for cost-efficient growth • Expect strong demand for home health care services driven by demographics and long waitlists for long-term care • We are broadening our services to help
Slide 18: Investing in our people and services
Investing in our people and services • Critical shortage of health care workers a sector-wide challenge • We are investing in education and training programs to support our recruiting efforts • 3,000 students per year receive part of their training at Extendicare and ParaMed locations • We are inves
Slide 19: Working together to make real change in the sector
Working together to make real change in the sector • The pandemic has highlighted the challenges facing the seniors’ care sector • The time for innovation is now – we are embracing the opportunity to lead change • Our deep clinical expertise and scale position us to build a better future for seniors
Slide 20: Questions
2022 Annual and Special Meeting of Shareholders Questions Shareholders and duly appointed proxyholders may ask questions by using the instant messaging feature. 20
Slide 21: Our mission: Helping people live better
Our mission: Helping people live better 21
Slide 22: Thank you
Thank you