Intact Financial Corporation announces the results of the votes conducted at its 2024 Annual Meeting of Shareholders
TORONTO, May 8, 2024 /CNW/ - Intact Financial Corporation (TSX: IFC) announced the results of the votes conducted at its 2024 Annual Meeting of Shareholders held virtually on May 8, 2024, via live video webcast.
1. Election of Directors
The nominees listed in its management proxy circular dated March 27, 2024, were elected as directors of Intact Financial Corporation. The detailed results of the vote are set out below.
Nominee | Votes | % Votes | Votes | % Votes |
Charles Brindamour | 140,376,262 | 99.88 % | 169,300 | 0.12 % |
Emmanuel Clark | 140,463,571 | 99.94 % | 81,991 | 0.06 % |
Janet De Silva | 139,699,747 | 99.40 % | 845,815 | 0.60 % |
Michael Katchen | 139,331,314 | 99.14 % | 1,214,248 | 0.86 % |
Stephani Kingsmill | 138,917,683 | 98.84 % | 1,627,878 | 1.16 % |
Jane E. Kinney | 138,969,492 | 98.88 % | 1,576,069 | 1.12 % |
Robert G. Leary | 139,321,507 | 99.13 % | 1,224,055 | 0.87 % |
Sylvie Paquette | 139,333,314 | 99.14 % | 1,212,248 | 0.86 % |
Stuart J. Russell | 139,331,007 | 99.14 % | 1,214,555 | 0.86 % |
Indira V. Samarasekera | 137,177,356 | 97.60 % | 3,368,205 | 2.40 % |
Frederick Singer | 138,936,674 | 98.86 % | 1,608,887 | 1.14 % |
Carolyn A. Wilkins | 140,459,945 | 99.94 % | 85,617 | 0.06 % |
William L. Young | 138,661,449 | 98.66 % | 1,884,113 | 1.34 % |
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 | % Votes | Votes | % Votes |
130,730,339 | 92.66 % | 10,363,032 | 7.34 % |
3. Renewal of the Executive Stock Option Plan of the Company
The resolution to approve the renewal of the Executive Stock Option Plan was approved. The detailed results of the vote are set out below:
Votes | % Votes | Votes | % Votes |
132,600,535 | 94.35 % | 7,945,027 | 5.65 % |
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 27, 2024, was accepted. The detailed results of the vote are set out below.
Votes | % Votes | Votes | % Votes |
135,432,598 | 96.36 % | 5,112,964 | 3.64 % |
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 $22 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 our affinity groups, travel insurance, as well as exclusive and tailored offerings through Intact Prestige.
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, NIG and FarmWeb brands.
SOURCE Intact Financial Corporation
