IBI : Announces Results of the 2021 Annual and Special Meeting of Shareholders

Toronto, Ontario - May 14, 2021 - IBI Group Inc.('IBI' or the 'Company') is pleased to announce the detailed voting results for the 2021 Annual and Special Meeting (the 'Meeting') of Shareholders held on May 14, 2021 in Toronto, ON.

The following seven nominees were elected as Directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the vote are as follows:

Name of Nominee

Votes 'For'

% For

Votes 'Withheld'

% Withheld

Scott Stewart	25,400,327	99.89%	29,333	0.11%
David Thom	25,415,737	99.95%	13,823	0.05%
Michael Nobrega	25,400,177	99.88%	29,383	0.12%
John Reid	25,400,127	99.89%	28,483	0.11%
Claudia Krywiak	25,401,177	99.89%	28,383	0.11%
Paula Sinclair	25,386,627	99.83%	42,933	0.17%
Sharon Ranson	25,122,595	98.79%	306,965	1.21%

KPMG LLP, Chartered Accountants, were reappointed as auditors of the Corporation to hold office until the next annual meeting, and the Directors were authorized to fix their remuneration. The results were as follows:

Votes 'For'	% For	Votes 'Withheld'	% Withheld
25,513,899	99.84%	40,387	0.26%

The Corporation's approach to executive compensation (say on pay), as described in the Corporation's Management Information Circular, was accepted. The results were as follows:

Votes 'For'	% For	Votes 'Against'	% Against
25,360,332	99.73%	69,228	0.27%