Annual and special meeting voting results 2022

Concentra Bank is pleased to announce its incoming Board of Directors, elected during the Annual Meeting of Shareholders on April 5, 2022. Voting results are as follows:

Of the 9,621,113.618 eligible votes to be cast, 8,752,559.142 votes were cast in the ballot for the election of directors. Voting results, with cumulative voting procedures applied, are as follows:

Nominee

Votes Cast in Favour

Per cent in Favour

Don Coulter

8,750,005.311

99.97%

Lise de Moissac

8,749,186.475

99.96%

Glen Dyrda

8,749,188.475

99.96%

Cheryl Fraser

8,749,188.475

99.96%

Anne Gillespie

8,750,804.283

99.98%

Shawn Good

8,766,186.475

100.16%

Michael Leonard

8,760,200.835

100.09%

David Losier

8,759,187.475

100.08%

Carol Poulsen

8,749,187.475

99.96%

Cary Ransome

8,749,187.475

99.96%

Tim Smart

8,749,187.475

99.96%

Shelley Williams

8,749,188.475

99.96%

 

The Board held its reorganization meeting on April 5, 2022, following the Annual Meeting. Lise de Moissac was re-elected to serve as Chair of the Board, and David Losier was re-elected to serve as Vice-Chair.

The Board also approved the standing committee composition including Committee Chairs as follows: Risk (Tim Smart), Audit and Conduct Review (Glen Dyrda), Governance (David Losier), and Human Resources and Compensation (Shelley Williams).

Shareholders also unanimously voted to appoint KPMG LLP as the external auditor for the 2022 fiscal year.

Lastly, 99.998% of eligible Shareholder votes were cast in favour of an amendment to By-Law No. 1 to increase the limit on maximum aggregate compensation for directors.