TORONTO, May 7, 2020 /CNW/ - Intact Financial Corporation (TSX: IFC) announced the results of the votes conducted at its 2020 Annual and Special Meeting of Shareholders held virtually yesterday via live audio webcast.
1. Election of Directors
The nominees listed in its management proxy circular dated April 3, 2020 were elected as directors of Intact Financial Corporation. The detailed results of the vote are set out below.
Janet De Silva
Jane E. Kinney
Robert G. Leary
Timothy H. Penner
Stuart J. Russell
William L. Young
2. Appointment of Ernst & Young LLP as Auditor
Ernst & Young LLP was appointed as auditor of Intact Financial Corporation. The detailed results of the vote are set out below.
3. Resolution with respect to the Amended and Restated Shareholder Rights Plan
The resolution to reconfirm, ratify and reapprove the Amended and Restated Shareholder Rights Plan of Intact Financial Corporation described in the Company's management proxy circular dated April 3, 2020 was accepted. The detailed results of the vote are set out below.
4. Advisory Resolution on the Approach to Executive Compensation
The advisory resolution on the approach to executive compensation disclosed in the Company's management proxy circular dated April 3, 2020 was accepted. The detailed results of the vote are set out below.
About Intact Financial Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with over $11 billion in total annual premiums. The Company has approximately 16,000 employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S.
In Canada, IFC distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. Frank Cowan brings a leading MGA platform to manufacture and distribute public entity insurance products in Canada.
In the U.S., OneBeacon Insurance Group, a wholly-owned subsidiary of Intact, provides specialty insurance products through independent agencies, brokers, wholesalers and managing general agencies.
SOURCE Intact Financial Corporation