In accordance with National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the voting results of the matters put to vote at the Annual General Meeting of Shareholders of the Company held on May 7, 2024 (the "Meeting").1
1. Election of Directors
Each of the nine director nominees listed in the Management Information Circular was elected a director of the Company. Individual director results are set out below:
Nominee
Votes For
%
Votes Withheld
%
Bonnie Agostinho
13,738,597
99.78
30,149
0.22
Brian W. Chu
13,673,771
99.29
97,225
0.71
John E. Coke
13,721,361
99.64
49,635
0.36
Donald E. Coulter
13,712,919
99.59
56,853
0.41
Glenn Doré
13,742,608
99.79
28,388
0.21
Philip C. Gillin
13,718,264
99.62
52,966
0.38
Karen L. Martin
13,705,164
99.54
63,582
0.46
Gaelen J. Morphet
13,709,783
99.57
58,963
0.43
Derek G. Sutherland
13,868,619
99.83
23,400
0.17
2. Appointment of Auditors
Ernst & Young LLP was appointed as auditors of the Company.
Votes For
%
Votes Withheld
%
13,713,265
99.31
95,054
0.69
3. Advisory Vote on Board's Approach to Executive Compensation
The advisory resolution on Board's approach to executive compensation was approved.
Votes For
%
Votes Against
%
13,634,122
98.92
149,461
1.08
___________________________
1 The vote on each matter was conducted by ballot.
Attachments
Original Link
Original Document
Permalink
Disclaimer
MCAN Mortgage Corporation published this content on
08 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
08 May 2024 16:22:01 UTC.
MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.
MCAN MORTGAGE CORPORATION 
