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15.05.2020 21:25:00

Equitable Group Announces Election of Directors

TORONTO, May 15, 2020 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) ("Equitable" or the "Company") today announced that all of management's nominees listed in its March 31, 2020 management information circular were elected as directors of the Company at the virtual annual  meeting of shareholders held today. The results of the proxy vote for the election of directors is set out below.

NOMINEE

VOTES FOR

VOTES WITHHELD

Eric Beutel

11,513,793

97.91%

245,544

2.09%

Michael Emory

11,645,220

99.03%

114,117

0.97%

Susan Ericksen

11,756,660

99.98%

2,677

0.02%

Kishore Kapoor

10,220,502

86.91%

1,538,835

13.09%

David LeGresley

11,758,506

99.99%

831

0.01%

Lynn McDonald

11,756,720

99.98%

2,617

0.02%

Andrew Moor

11,667,496

99.22%

91,841

0.78%

Rowan Saunders

11,758,206

99.99%

1,131

0.01%

Vincenza Sera

11,527,044

98.02%

232,293

1.98%

Michael Stramaglia

11,757,744

99.99%

1,593

0.01%

About Equitable Group Inc.
Equitable Group Inc. is a growing Canadian financial services business that operates through its wholly-owned subsidiary, Equitable Bank.  Equitable Bank, Canada's Challenger Bank, has grown to become the country's ninth largest independent Schedule I bank through its proven branchless approach and customer service focus in providing residential lending, commercial lending and savings solutions to Canadians.  EQ Bank, the digital banking platform offered by Equitable Bank and winner of Celent's 2020 Model Bank Award for Banking in the Cloud, provides state-of-the-art digital banking services.  The EQ Bank Savings Plus Account reimagines banking for Canadians by offering the functionality of a chequing account to perform daily banking with ease, as well as a great everyday interest rate to help transactional balances grow into bigger savings.  From unlimited Interac® e-Transfers and bill payments, an innovative international money transfer service to payroll deposits and no monthly fees, everyday banking is now a richer prospect for Canadians.  Equitable Bank employs over 900 dedicated professionals across the country.  For more information about Equitable Bank and its products, please visit equitablebank.ca.

SOURCE Equitable Group Inc.

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