IA Financial Group announces annual meeting voting results

QUEBEC CITY, May 13, 2022 /CNW Telbec/ -Jacques Martin, Chair of the Board of iA Financial Group, is pleased to announce the election of two new directors to the Boards of iA Financial Corporation Inc. ("iA Financial Corporation") and Industrial Alliance Insurance and Financial Services Inc. ("iA Insurance"): Ouma Sananikone and Rebecca Schechter.

Ms. Ouma Sananikone is a corporate director with extensive experience in finance, particularly in investment management and environmental, social and governance (ESG) criteria, covering all asset classes. She is a member of the boards of Innergex Renewable Energy and Ivanhoe Cambridge, among others, and served on the board of the Caisse de dépôt et placement du Québec for 10 years.

Ms. Rebecca Schechter is an executive at Optum Behavioral Health, a leading provider of information and technology-based health services. She has a proven track record of profitable growth and business transformation in the areas of group programs, retirement, financial technology and healthcare.

With their vast experience and qualities, these two directors will make a great contribution to the board's activities.

Voting results
iA Financial Group also announces the results of the votes by ballot held at its annual meeting on Thursday, May 12, 2022.

For iA Financial Corporation:

1.       Election of directors by common shareholders
Each of the nominees for the common shareholders listed in the circular was elected.

Name of nominee	Votes for	%	Votes withheld	%
Mario Albert	81,768,729	98.75	1,037,231	1.25
William F. Chinery	82,735,224	99.91	71,654	0.09
Benoit Daignault	82,750,606	99.93	55,685	0.07
Nicolas Darveau-Garneau	79,590,984	96.12	3,215,894	3.88
Emma K. Griffin	82,125,192	99.18	681,686	0.82
Ginette Maillé	81,731,603	98.70	1,075,179	1.30
Jacques Martin	81,249,590	98.12	1,556,861	1.88
Monique Mercier	81,711,636	98.68	1,095,242	1.32
Danielle G. Morin	79,586,474	96.11	3,220,100	3.89
Marc Poulin	81,682,984	98.64	1,123,590	1.36
Suzanne Rancourt	81,164,751	98.02	1,641,823	1.98
Denis Ricard	82,746,001	99.93	60,573	0.07
Ouma Sananikone	77,404,873	93.48	5,402,005	6.52
Rebecca Schechter	82,740,253	99.92	66,625	0.08
Ludwig W. Willisch	82,726,661	99.90	80,180	0.10

 

2.       Appointment of external auditor
Deloitte LLP was appointed as the corporation's external auditor.

Votes for	%	Votes withheld	%
70,161,928	84.69	12,686,496	15.31

 

3.       Advisory vote on the Corporation's approach to executive compensation
The advisory resolution on executive compensation was approved.

Votes for	%	Votes against	%
71,746,094	86.64	11,059,970	13.36

 

4.       Shareholder Proposal No. 1
Shareholder Proposal No. 1 - Becoming a benefit company, was rejected.

Votes for	%	Votes against	%
2,479,089	2.99	80,326,738	97.01

 

5.       Shareholder Proposal No. 2
Shareholder Proposal No. 2 - French, the official language, was rejected.

Votes for	%	Votes against	%
286,340	0.35	82,519,951	99.65

 

For iA Insurance:

1.       Election of directors by the sole common shareholder
Each of the nominees for the sole common shareholder listed in the information document for participating policyholders was elected.

Name of nominee	Votes for	%	Votes withheld	%
William F. Chinery	108,575,222	100	0	0
Benoit Daignault	108,575,222	100	0	0
Nicolas Darveau-Garneau	108,575,222	100	0	0
Emma K. Griffin	108,575,222	100	0	0
Jacques Martin	108,575,222	100	0	0
Suzanne Rancourt	108,575,222	100	0	0
Denis Ricard	108,575,222	100	0	0
Ouma Sananikone	108,575,222	100	0	0
Rebecca Schechter	108,575,222	100	0	0
Ludwig W. Willisch	108,575,222	100	0	0

 

2.       Election of directors by participating policyholders
Each of the following nominees for the participating policyholders was elected.

Name of nominee	Votes for	%	Votes withheld	%
Mario Albert	313	91.25	30	8.75
Ginette Maillé	320	93.29	23	6.71
Monique Mercier	321	93.59	22	6.41
Danielle G. Morin	319	93.00	24	7.00
Marc Poulin	315	91.84	28	8.16

 

3.       Appointment of external auditor by the sole common shareholder
Deloitte LLP was appointed as the corporation's external auditor.

Votes for	%	Votes withheld	%
108,575,222	100	0	0

 

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
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).

ia.ca

iA Financial Group is a business name and trademark of iA Financial Corporation Inc. and Industrial Alliance Insurance and Financial Services Inc.

SOURCE iA Financial Group

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