TORONTO, May 17, 2023
/PRNewswire/ - EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) announced today
the election of the 11 nominees listed in the management
information circular dated April 11,
2023 as directors of EQB at the annual meeting of
shareholders held earlier today. The results of the proxy vote are
set out below.
Nominee
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
Michael
Emory
|
25,195,002
|
99.80
|
51,644
|
0.20
|
Susan
Ericksen
|
25,217,723
|
99.89
|
28,923
|
0.11
|
Michael
Hanley
|
25,065,650
|
99.28
|
180,996
|
0.72
|
Kishore
Kapoor
|
24,914,190
|
98.68
|
332,456
|
1.32
|
Yongah Kim
|
25,208,107
|
99.85
|
38,539
|
0.15
|
Marcos Lopez
|
25,227,788
|
99.93
|
18,858
|
0.07
|
Andrew Moor
|
25,232,019
|
99.94
|
14,627
|
0.06
|
Rowan
Saunders
|
24,980,640
|
98.95
|
266,006
|
1.05
|
Carolyn
Schuetz
|
25,215,408
|
99.88
|
31,238
|
0.12
|
Vincenza
Sera
|
24,964,310
|
98.88
|
282,336
|
1.12
|
Michael
Stramaglia
|
25,223,528
|
99.91
|
23,118
|
0.09
|
Following the meeting, the Board appointed Michael Hanley as
Chair. He succeeds David LeGresley, who retired after reaching
his 12-year term limit.
Mr. Hanley has extensive
leadership and governance experience and with his stewardship, the
Board is confident that EQB will continue to advance its best
practice environmental, social and governance approach.
The detailed results on all matters voted on at the annual
meeting of shareholders will be available on www.equitablebank.ca
and through Canadian securities regulators at www.sedar.com.
About Equitable Bank
Equitable Bank—Canada's Challenger Bank™—is a wholly owned
subsidiary of EQB Inc., which trades on the Toronto Stock Exchange
(TSX: EQB) (TSX: EQB.PR.C) and serves more than 515,000 customers.
Equitable Bank's wholly owned subsidiary Concentra Bank supports
Canadian credit unions and their more than 6 million members. With
nearly $105 billion in combined assets under management
and administration, Equitable Bank has a clear mandate to drive
change in Canadian banking to enrich people's lives. Founded more
than 50 years ago, Canada's Challenger Bank™ provides
diversified personal and commercial banking, and through its
digital EQ Bank platform (eqbank.ca) has been named the best bank
in Canada on the Forbes World's Best Banks 2021, 2022 and
2023 lists.
Please visit eqbank.investorroom.com for more
details.
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SOURCE EQB Inc.