REPORT OF VOTING RESULTS ANNUAL MEETING OF SHAREHOLDERS APRIL 7, 2026
In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the matters voted on at the Annual Meeting of Shareholders of Laurentian Bank of Canada (the "Bank") held on April 7, 2026. Each of the matters set forth below is described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular mailed to shareholders prior to the Annual Meeting and is available at https://www.laurentianbank.ca.
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Election of Directors
A ballot was conducted to vote on each resolution to elect each of the following 12 nominees as a Director of the Bank to serve until the next Annual Meeting of Shareholders of the Bank or their successor is duly elected or appointed. The outcome of this vote was as follows:
Candidate
Votes For
Votes Withheld
Sonia Baxendale
16,651,733
98.88%
188,773
1.12%
Andrea Bolger
16,649,012
98.86%
191,494
1.14%
Michael T. Boychuk
16,496,353
97.96%
344,153
2.04%
Johanne Brunet
16,637,095
98.79%
203,411
1.21%
Laurent Desmangles
16,676,808
99.03%
163.698
0.97%
Suzanne Gouin
16,704,531
99.19%
135,975
0.81%
Jamey Hubbs
16,636,565
98.79%
203,941
1.21%
David Mowat
16,574,244
98.42%
266,262
1.58%
Robert Ouellette
16,692,122
99.12%
148,384
0.88%
Éric Provost
16,692,122
99.14%
148,384
0.86%
Paul Stinis
16,695,014
99.14%
145,492
0.86%
Nicholas Zelenczuk
16,638,567
98.80%
201,939
1.20%
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Appointment of Auditor
A ballot was conducted to vote on the appointment of the firm Ernst & Young LLP as the auditor of the Bank until the next Annual Meeting of Shareholders of the Bank. The outcome of this vote was as follows:
Votes For
Votes Withheld
17,453,567
96.47%
638,149
3.53%
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Advisory Vote on Named Executive Officers' Compensation
A ballot was conducted to vote on an advisory vote on the Bank's approach to named executive officers' compensation. The outcome of this vote was as follows:
Votes For
Votes Against
16,497,823
97.97%
342,683
2.03%
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Shareholder Proposal No. 1
A ballot was conducted to vote on a shareholder proposal entitled "Strengthening Shareholder Participation in Annual General Meetings (AGMs)". The outcome of this vote was as follows:
Votes For
Votes Against
Votes Withheld
188,060
1.12%
16,412,835
97,46%
239,611
1.42%
- Shareholder Proposal No. 7
A ballot was conducted to vote on a shareholder proposal entitled "Reasonable Assurance of ESG Reports". The outcome of this vote was as follows:
Votes For | Votes Against | Votes Withheld | |||
1,631,616 | 9.69% | 14,883,204 | 88.38% | 325,685 | 1.93% |