Le Lézard
Classified in: Business
Subjects: PER, SHM

Power Corporation Announces Election of Directors


MONTRÉAL, May 12, 2022 /CNW Telbec/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 17, 2022 were elected as its Directors. The detailed results of the vote at its virtual Annual Meeting of Shareholders held earlier today are set forth below.

On a vote by ballot, each of the following nominees proposed by management was elected as a Director:

Nominee



Votes For

% For

Votes Withheld

% Withheld

Pierre Beaudoin

Total


927,116,571

99.31%

6,453,538

0.69%


Subordinate Voting Shares


379,735,811

98.33%

6,432,838

1.67%


Participating Preferred Shares


547,380,760

100.00%

20,700

0.00%

Marcel R. Coutu

Total


924,797,121

99.06%

8,772,988

0.94%


Subordinate Voting Shares


377,415,661

97.73%

8,752,988

2.27%


Participating Preferred Shares


547,381,460

100.00%

20,000

0.00%

André Desmarais

Total


760,836,468

81.50%

172,733,641

18.50%


Subordinate Voting Shares


213,455,008

55.28%

172,713,641

44.72%


Participating Preferred Shares


547,381,460

100.00%

20,000

0.00%

Paul Desmarais, Jr.

Total


794,637,217

85.12%

138,932,892

14.88%


Subordinate Voting Shares


247,255,757

64.03%

138,912,892

35.97%


Participating Preferred Shares


547,381,460

100.00%

20,000

0.00%

Gary A. Doer

Total


928,426,667

99.45%

5,143,442

0.55%


Subordinate Voting Shares


381,025,207

98.67%

5,143,442

1.33%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

Anthony R. Graham

Total


887,650,796

95.08%

45,919,313

4.92%

Subordinate Voting Shares


340,269,336

88.11%

45,899,313

11.89%

Participating Preferred Shares


547,381,460

100.00%

20,000

0.00%

Sharon MacLeod

Total


929,980,525

99.62%

3,589,584

0.38%


Subordinate Voting Shares


382,579,065

99.07%

3,589,584

0.93%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

Paula B. Madoff

Total


920,724,606

98.62%

12,845,503

1.38%


Subordinate Voting Shares


373,323,146

96.67%

12,845,503

3.33%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

Isabelle Marcoux

Total


917,403,186

98.27%

16,166,923

1.73%


Subordinate Voting Shares


370,001,726

95.81%

16,166,923

4.19%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

Christian Noyer

Total


920,585,967

98.61%

12,984,142

1.39%


Subordinate Voting Shares


373,184,507

96.64%

12,984,142

3.36%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

R. Jeffrey Orr

Total


919,372,782

98.48%

14,197,327

1.52%


Subordinate Voting Shares


371,971,322

96.32%

14,197,327

3.68%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

T. Timothy Ryan, Jr.

Total


929,968,649

99.61%

3,601,460

0.39%


Subordinate Voting Shares


382,567,189

99.07%

3,601,460

0.93%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

Siim A. Vanaselja

Total


916,380,679

98.16%

17,189,430

1.84%


Subordinate Voting Shares


368,999,219

95.55%

17,169,430

4.45%


Participating Preferred Shares


547,381,460

100.00%

20,000

0.00%

Elizabeth D. Wilson

Total


932,892,895

99.93%

677,214

0.07%


Subordinate Voting Shares


385,491,435

99.82%

677,214

0.18%


Participating Preferred Shares


547,401,460

100.00%

0

0.00%

About Power Corporation

Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit www.PowerCorporation.com.

SOURCE Power Corporation of Canada


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