Intact Financial Corporation announces the results of the votes conducted at its 2021 Annual and Special Meeting of Shareholders

TORONTO, May 12, 2021 /CNW/ - Intact Financial Corporation 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

Market News and Data brought to you by Benzinga APIs