TORONTO, May 12, 2021 /CNW/ - Intact Financial Corporation
(TSX: IFC) announced the results of the votes conducted at its 2021
Annual and Special Meeting of Shareholders held virtually today via
live audio webcast.
1. Election of Directors
The nominees listed in its management proxy circular dated
March 31, 2021 were elected as
directors of Intact Financial Corporation. The detailed results of
the vote are set out below.
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
Charles
Brindamour
|
113,594,947
|
99.95%
|
52,437
|
0.05%
|
Janet De
Silva
|
112,753,323
|
99.21%
|
894,061
|
0.79%
|
Claude
Dussault
|
110,303,381
|
97.06%
|
3,344,003
|
2.94%
|
Jane E.
Kinney
|
111,086,738
|
97.75%
|
2,560,646
|
2.25%
|
Robert G.
Leary
|
113,589,695
|
99.95%
|
57,689
|
0.05%
|
Sylvie
Paquette
|
112,757,492
|
99.22%
|
889,892
|
0.78%
|
Timothy H.
Penner
|
111,688,291
|
98.28%
|
1,959,093
|
1.72%
|
Stuart J.
Russell
|
112,752,687
|
99.21%
|
894,697
|
0.79%
|
Indira V.
Samarasekera
|
112,497,471
|
98.99%
|
1,149,913
|
1.01%
|
Frederick
Singer
|
113,496,336
|
99.87%
|
151,048
|
0.13%
|
Carolyn A.
Wilkins
|
113,599,235
|
99.96%
|
48,149
|
0.04%
|
William L.
Young
|
110,675,488
|
97.38%
|
2,971,896
|
2.62%
|
2. Appointment of Ernst & Young LLP as Auditor
Ernst & Young LLP was appointed as auditor of Intact
Financial Corporation. The detailed results of the vote are set out
below.
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
107,879,474
|
94.79%
|
5,926,460
|
5.21%
|
3. Special resolution to amend the Articles of Amalgamation
of the Company with respect to the appointment of Directors
The special resolution to amend the Articles of Amalgamation of
Intact Financial Corporation to authorize the Directors to appoint
additional directors to serve on the Board until the next annual
meeting of shareholders was accepted. The detailed results of the
vote are set out below.
Votes
For
|
% Votes
For
|
Votes
Against
|
% Votes
Against
|
113,335,995
|
99.73%
|
311,389
|
0.27%
|
4. Advisory Resolution on the Approach to Executive
Compensation
The advisory resolution on the approach to executive
compensation disclosed in the Company's management proxy circular
dated March 31, 2021 was accepted.
The detailed results of the vote are set out below.
Votes
For
|
% Votes
For
|
Votes
Against
|
% Votes
Against
|
110,957,489
|
97.63%
|
2,689,895
|
2.37%
|
5. Resolution to approve the Executive Stock Option
Plan of the Company
The resolution for approval of the Executive Stock Option Plan
of Intact Financial Corporation disclosed in the Company's
management proxy circular dated March 31,
2021 was accepted. The detailed results of the vote are set
out below.
Votes
For
|
% Votes
For
|
Votes
Against
|
% Votes
Against
|
101,689,472
|
89.48%
|
11,957,912
|
10.52%
|
About Intact Financial Corporation
Intact Financial Corporation is the largest provider of property
and casualty (P&C) insurance in Canada and a leading provider of specialty
insurance in North America, with
over $12 billion in total annual
premiums. The Company has over 16,000 employees who serve more than
five million personal, business and public sector clients through
offices in Canada and the U.S.
In Canada, Intact distributes
insurance under the Intact Insurance brand through a wide network
of brokers, including its wholly-owned subsidiary BrokerLink, and
directly to consumers through belairdirect. Intact Public Entities,
a Canadian Managing General Agent (MGA), distributes public entity
insurance programs including risk and claims management services in
Canada.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, wholesalers
and managing general agencies. Products are underwritten by the
insurance company subsidiaries of Intact Insurance Group
USA, LLC.
SOURCE Intact Financial Corporation