QUEBEC CITY, May 11, 2017 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) (TSX: IAG) announces the results of the votes by ballot for the election of directors and on the company's approach to executive compensation held at the company's annual meeting on Thursday, May 11, 2017.
Election of directors by common shareholders
The results of the vote by ballot for the election of directors by common shareholders are as follows:
Nominee | Votes for | % | Abstentions | % |
Jocelyne Bourgon | 76,448,938 | 99.93 | 57,216 | 0.07 |
Yvon Charest | 76,439,297 | 99.91 | 66,721 | 0.09 |
Denyse Chicoyne | 76,447,113 | 99.92 | 59,041 | 0.08 |
Emma K. Griffin | 76,431,876 | 99.90 | 74,142 | 0.10 |
Michael Hanley | 74,303,233 | 97.12 | 2,202,841 | 2.88 |
Jacques Martin | 76,440,735 | 99.91 | 65,337 | 0.09 |
Francis P. McGuire | 74,996,490 | 98.03 | 1,509,354 | 1.97 |
Mary C. Ritchie | 74,998,787 | 98.03 | 1,507,121 | 1.97 |
Election of directors by participating policyholders
The results of the vote by ballot for the election of directors by participating policyholders are as follows:
Nominee | Votes for | % | Abstentions | % |
Robert Coallier | 357 | 92.25 | 30 | 7.75 |
Agathe Côté | 364 | 94.06 | 23 | 5.94 |
Claude Lamoureux | 343 | 88.63 | 44 | 11.37 |
Danielle G. Morin | 365 | 94.07 | 23 | 5.93 |
Louis Têtu | 354 | 91.24 | 34 | 8.76 |
Advisory vote on executive compensation
The results of the vote by ballot for the advisory resolution on the company's approach to executive compensation, as described in the Information Circular dated March 6, 2017, are as follows:
Votes for | % | Votes against | % |
70,833,641 | 92.58 | 5,673,088 | 7.42 |
Final results for all matters voted on during the annual meeting will be submitted to Canadian securities administrators and will be available on SEDAR.com.
About iA Financial Group
Founded in 1892, iA Financial Group celebrates its 125th anniversary this year. iA Financial Group offers life and health insurance products, mutual and segregated funds, savings and retirement plans, RRSPs, securities, auto and home insurance, mortgages and car loans, and other financial products and services for both individuals and groups. It is one of the four largest life and health insurance companies in Canada and among the largest publicly traded companies in the country. iA Financial Group stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.
iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.
SOURCE Industrial Alliance Insurance and Financial Services Inc.