MONTRÉAL, May 16, 2023 /CNW/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 17, 2023 were elected as its Directors. The detailed results of the vote at its virtual Annual Meeting of Shareholders held earlier today are set forth below.
On a vote by ballot, each of the following nominees proposed by management was elected as a Director:
Nominee
Votes For
% For
Votes Against
% Against
Pierre Beaudoin
Total
903,584,625
99.27 %
6,640,306
0.73 %
Subordinate Voting Shares
356,194,595
98.18 %
6,600,306
1.82 %
Participating Preferred Shares
547,390,030
99.99 %
40,000
0.01 %
Marcel R. Coutu
Total
900,565,771
98.94 %
9,659,584
1.06 %
Subordinate Voting Shares
353,170,741
97.35 %
9,624,584
2.65 %
Participating Preferred Shares
547,395,030
99.99 %
35,000
0.01 %
André Desmarais
Total
790,699,689
86.87 %
119,525,665
13.13 %
Subordinate Voting Shares
243,308,659
67.06 %
119,486,665
32.94 %
Participating Preferred Shares
547,391,030
99.99 %
39,000
0.01 %
Paul Desmarais, Jr.
Total
747,383,837
82.13 %
162,607,141
17.87 %
Subordinate Voting Shares
199,992,807
55.16 %
162,568,141
44.84 %
Participating Preferred Shares
547,391,030
99.99 %
39,000
0.01 %
Gary A. Doer
Total
906,903,891
99.64 %
3,320,464
0.36 %
Subordinate Voting Shares
359,492,861
99.09 %
3,301,464
0.91 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Anthony R. Graham
Total
824,061,586
90.56 %
85,929,817
9.44 %
Subordinate Voting Shares
276,650,556
76.30 %
85,910,817
23.70 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Sharon MacLeod
Total
907,081,099
99.65 %
3,144,256
0.35 %
Subordinate Voting Shares
359,670,069
99.14 %
3,125,256
0.86 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Paula B. Madoff
Total
900,324,942
98.91 %
9,899,888
1.09 %
Subordinate Voting Shares
352,913,912
97.28 %
9,880,888
2.72 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Isabelle Marcoux
Total
855,966,238
94.04 %
54,259,117
5.96 %
Subordinate Voting Shares
308,555,208
85.05 %
54,240,117
14.95 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Christian Noyer
Total
861,363,062
94.63 %
48,861,869
5.37 %
Subordinate Voting Shares
313,952,032
86.54 %
48,842,869
13.46 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
R. Jeffrey Orr
Total
892,243,269
98.02 %
17,982,086
1.98 %
Subordinate Voting Shares
344,832,239
95.05 %
17,963,086
4.95 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
T. Timothy Ryan, Jr.
Total
908,150,573
99.77 %
2,074,782
0.23 %
Subordinate Voting Shares
360,739,543
99.43 %
2,055,782
0.57 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
Siim A. Vanaselja
Total
900,834,640
98.97 %
9,390,715
1.03 %
Subordinate Voting Shares
353,443,610
97.42 %
9,351,715
2.58 %
Participating Preferred Shares
547,391,030
99.99 %
39,000
0.01 %
Elizabeth D. Wilson
Total
908,597,267
99.82 %
1,628,088
0.18 %
Subordinate Voting Shares
361,186,237
99.56 %
1,609,088
0.44 %
Participating Preferred Shares
547,411,030
100.00 %
19,000
0.00 %
About Power Corporation
Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit www.PowerCorporation.com.
Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term and sustainable value creation.