Source - RNS
RNS Number : 0385K
Bank of Montreal
05 April 2018
 

 REPORT UNDER

NATIONAL INSTRUMENT 51-102

REPORT OF VOTING RESULTS

 

 

To:  Canadian Securities Administrators

 

In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the matters voted on at the Annual Meeting of Shareholders of Bank of Montreal (the "Bank") held on April 5, 2018 and, as such votes were conducted by ballot, the number and percentage of votes cast for, against/withheld from each vote.  Each of the matters set out below is described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular which was mailed to shareholders prior to the Annual Meeting and is available at www.bmo.com/investorrelations.

 

The Board of Directors and management of the Bank recommended that shareholders vote FOR the election as director of each of the 14 nominees listed in the Management Proxy Circular, FOR the appointment of KPMG LLP as Auditors of the Bank, and FOR the advisory resolution on the Bank's approach to executive compensation.

 

1.  Election of Directors

 

A ballot was conducted to vote on each resolution to appoint each of the following 14 nominees as a Director of the Bank to serve until the next Annual Meeting of Shareholders of the Bank or until their resignation or their successor is elected or appointed, and the outcome was as follows:

 

Nominee

Votes For

Votes Withheld

Janice M. Babiak

307,573,712

99.66%

1,042,601

0.34%

Sophie Brochu

306,600,919

99.35%

2,014,893

0.65%

George A. Cope

302,200,634

97.92%

6,415,676

2.08%

Christine A. Edwards

306,305,310

99.25%

2,309,714

0.75%

Martin S. Eichenbaum

307,416,266

99.61%

1,200,283

0.39%

Ronald H. Farmer

301,150,828

97.58%

7,464,600

2.42%

David Harquail

307,391,026

99.60%

1,225,524

0.40%

Linda Huber

307,550,295

99.65%

1,065,235

0.35%

Eric R. La Flèche

307,306,112

99.58%

1,309,347

0.42%

Lorraine Mitchelmore

307,502,342

99.64%

1,114,128

0.36%

Philip S. Orsino

298,437,100

96.70%

10,179,448

3.30%

J. Robert S. Prichard

298,896,448

96.85%

9,720,101

3.15%

Darryl White

307,163,800

99.53%

1,452,671

0.47%

Don M. Wilson III

305,402,930

98.96%

3,214,148

1.04%

 

2.  Appointment of Shareholders' Auditors

 

A ballot was conducted to vote on the resolution to appoint the firm of KPMG LLP as the auditors of the Bank for the 2018 fiscal year and the outcome was as follows:

 

 

Votes For

Votes Withheld

318,553,707

97.83%

7,064,198

2.17%

 

 

3.  Advisory Resolution on the Bank's approach to Executive Compensation

 

A ballot was conducted to vote for the Advisory Resolution on the Bank's approach to Executive Compensation and the outcome was as follows:

 

 

Votes For

Votes Against

295,707,642

95.83%

12,854,844

4.17%

 

 

Dated this 5th day of April, 2018.

 

 

                                                                        Bank of Montreal

 

 

                                                                        By:  /s/ Barbara M. Muir

                                                                                Barbara M. Muir

                                                                                Corporate Secretary


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