Laurentian Bank announces the election of its directors
MONTRÉAL, April 8, 2025 /CNW/ - Laurentian Bank of Canada (TSX: LB) announces that the candidates nominated as directors of Laurentian Bank of Canada (the 'Bank'), as identified in the Management Proxy Circular dated March 4, 2025, have each been elected. The election took place earlier today, during the Bank's Annual and Special Meeting of the Shareholders. The detailed results of the vote are set out below.
Results
Candidate
Votes For
Votes Withheld
Sonia Baxendale
14 902 814
94.69%
835 980
5.31%
Andrea Bolger
15 106 992
95.99%
631 802
4.01%
Michael Boychuk
15 443 766
98.13%
295 028
1.87%
Johanne Brunet
15 286 259
97.12%
452 535
2.88%
Laurent Desmangles
15 483 231
98.38%
255 563
1.62%
Suzanne Gouin
14 936 366
94.90%
802 428
5.10%
Jamey Hubbs
15 468 593
98.28%
270 201
1.72%
David Mowat
15 338 297
97.46%
400 497
2.54%
Robert Ouellette
15 487 049
98.40%
251 745
1.60%
Éric Provost
15 250 743
96.90%
488 051
3.10%
Paul Stinis
15 276 968
97.07%
461 826
2.93%
Nicholas Zelenczuk
15 221 993
96.72%
516 801
3.28%
The shareholder proposals submitted by the Mouvement d'éducation et de défense des actionnaires minoritaires ('MEDAC') were not adopted as they did not receive the majority of votes cast at this Annual and Special Meeting of the Shareholders of the Bank.
About Laurentian Bank
Founded in Montréal in 1846, Laurentian Bank wants to foster prosperity for all customers through specialized commercial banking and low-cost banking services to grow savings for middle-class Canadians.
With a workforce of approximately 2,800 employees, the Bank offers a wide range of financial services and advice-based solutions to customers across Canada and the United States. Laurentian Bank manages $48.8 billion in balance sheet assets and $25.9 billion in assets under administration.
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