TORONTO, May 12, 2023
/CNW/ - Intact Financial Corporation (TSX: IFC) announced the
results of the votes conducted at its 2023 Annual and Special
Meeting of Shareholders held virtually on May 11, 2023 via live video webcast.
1. Election of Directors
The nominees listed in its management proxy circular dated
March 31, 2023, were elected as
directors of Intact Financial Corporation. The detailed results of
the vote are set out below.
Nominee
|
Votes
FOR
|
% Votes
FOR
|
Votes
AGAINST
|
% Votes
AGAINST
|
Charles
Brindamour
|
139,492,476
|
99.96 %
|
53,012
|
0.04 %
|
Emmanuel
Clark
|
139,177,363
|
99.74 %
|
368,125
|
0.26 %
|
Janet De
Silva
|
138,479,169
|
99.24 %
|
1,066,319
|
0.76 %
|
Michael
Katchen
|
139,186,611
|
99.74 %
|
358,877
|
0.26 %
|
Stephani
Kingsmill
|
138,456,842
|
99.22 %
|
1,088,646
|
0.78 %
|
Jane E.
Kinney
|
137,187,365
|
98.31 %
|
2,358,123
|
1.69 %
|
Robert G.
Leary
|
139,193,120
|
99.75 %
|
352,368
|
0.25 %
|
Sylvie
Paquette
|
139,201,125
|
99.75 %
|
344,363
|
0.25 %
|
Stuart J.
Russell
|
139,198,388
|
99.75 %
|
347,100
|
0.25 %
|
Indira V.
Samarasekera
|
137,453,241
|
98.50 %
|
2,092,247
|
1.50 %
|
Frederick
Singer
|
137,068,649
|
98.23 %
|
2,476,839
|
1.77 %
|
Carolyn A.
Wilkins
|
139,174,752
|
99.73 %
|
370,736
|
0.27 %
|
William L.
Young
|
138,109,176
|
98.97 %
|
1,436,312
|
1.03 %
|
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
|
118,823,484
|
85.06 %
|
20,876,475
|
14.94 %
|
3. Amended and Restated Shareholder Rights Plan
Resolution to reconfirm, ratify and reapprove the Amended and
Restated Shareholder Rights Plan of Intact Financial
Corporation.
Votes
FOR
|
% Votes
FOR
|
Votes
AGAINST
|
% Votes
AGAINST
|
129,370,443
|
92.71 %
|
10,175,064
|
7.29 %
|
4. Advisory Resolution to Accept 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, 2023 was accepted.
The detailed results of the vote are set out below.
Votes
FOR
|
% Votes
FOR
|
Votes
AGAINST
|
% Votes
AGAINST
|
135,570,180
|
97.15 %
|
3,975,327
|
2.85 %
|
About Intact Financial
Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider
of property and casualty (P&C) insurance in Canada, a leading provider of global specialty
insurance, and, with RSA, a leader in the U.K. and Ireland. Our business has grown organically
and through acquisitions to over $21
billion of total annual premiums.
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 also provides
affinity insurance solutions through the Johnson Affinity
Groups.
In the US, Intact Insurance Specialty Solutions provides a range
of specialty insurance products and services through independent
agencies, regional and national brokers, and wholesalers and
managing general agencies.
In the U.K., Ireland, and
Europe, Intact provides personal,
commercial and specialty insurance solutions through the RSA
brands.
SOURCE Intact Financial Corporation