Extendicare Announces Voting Results from the 2021 Annual and Special Meeting of Shareholders
May 27 2021 - 3:01PM
Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today
announced the results of matters voted on at its annual and special
meeting of shareholders held on May 27, 2021 (the “Meeting”), which
included the election as directors of the Company of all of the
nominees listed in its management information and proxy circular
dated April 15, 2021 (the “Information Circular”). The voting
results for each of the matters considered at the Meeting are
presented below.
The total number of common shares represented by shareholders
present in person or by proxy at the Meeting was 35,201,485,
representing 39.30% of the Company’s outstanding common shares.
1. Election of Directors
On a vote by ballot, the election of the following nine nominees
as directors of the Company to hold office until the next annual
meeting of the Company, or until their respective successors are
elected or appointed, was approved. The results of the vote on this
matter are set out below.
Nominee |
Votes For |
% |
Votes Withheld |
% |
Norma Beauchamp |
33,597,861 |
99.38 |
209,185 |
0.62 |
Dr. Michael Guerriere |
33,581,512 |
99.33 |
225,534 |
0.67 |
Sandra L. Hanington |
33,588,538 |
99.35 |
218,508 |
0.65 |
Alan R. Hibben |
26,265,748 |
77.69 |
7,541,298 |
22.31 |
Brent Houlden |
33,547,851 |
99.23 |
259,195 |
0.77 |
Donna E. Kingelin |
33,603,793 |
99.40 |
203,253 |
0.60 |
Samir Manji |
33,565,540 |
99.29 |
241,506 |
0.71 |
Al Mawani |
33,548,476 |
99.24 |
258,570 |
0.76 |
Alan D. Torrie |
33,557,948 |
99.26 |
249,098 |
0.74 |
2. Appointment of Auditors
On a vote by ballot, the appointment of KPMG LLP as
the auditors of the Company to hold office until the close of the
next annual meeting of the Company at such remuneration as shall be
fixed by the board of directors of the Company (the “Board”) was
approved. The results of the vote on this matter are set out
below.
Votes For |
% |
Votes Withheld |
% |
34,731,666 |
98.67 |
469,819 |
1.33 |
3. Reconfirmation and the Amended and Restated
Shareholder Rights Plan
On a vote by ballot, the ordinary resolution for the
reconfirmation of the Company’s amended and restated shareholder
rights plan agreement was approved. The results of the vote on this
matter are set out below.
Votes For |
% |
Votes Against |
% |
33,588,653 |
99.35 |
218,393 |
0.65 |
4. Approach to Executive Compensation
On a vote by ballot, a non-binding advisory resolution to accept
the Company’s approach to executive compensation disclosed in the
Company’s Information Circular was approved. The results of the
vote on this matter are set out below.
Votes For |
% |
Votes Against |
% |
33,292,150 |
98.48 |
514,396 |
1.52 |
ABOUT EXTENDICARE
Extendicare is a leading provider of care and services for
seniors across Canada, operating under the Extendicare, Esprit
Lifestyle, ParaMed, Extendicare Assist, and SGP Purchasing Partner
Network brands. We are committed to delivering quality care
throughout the health continuum to meet the needs of a growing
seniors population. We operate or provide contract services to a
network of 120 long-term care homes and retirement communities (69
owned/51 contract services), provide approximately 8.3 million
hours of home health care services annually, and provide group
purchasing services to third parties representing approximately
81,100 senior residents across Canada. Extendicare proudly employs
more than 23,000 qualified, highly trained and dedicated
individuals who are passionate about providing high quality care
and services to help people live better.
For further information,
contact:
Jillian FountainVice President, Investor
Relations Phone: (905) 470-5534; Fax: (905) 470-4003Email:
jfountain@extendicare.comVisit Extendicare’s Website
at www.extendicare.com
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