PRESS RELEASES

National Bank of Canada Announces the Election of Directors: Annick Guérard and Pierre Pomerleau Join the Board of Directors

Montreal, April 21, 2023

National Bank of Canada (the “Bank”) (TSX: NA) announced that all director nominees listed in the Management Proxy Circular dated February 22, 2023 were elected as directors of the Bank during the Annual Meeting of the Holders of Common Shares held today.

The Board of Directors welcomes two new directors elected for the first time: Annick Guérard and Pierre Pomerleau.

Annick Guérard is President and Chief Executive Officer of Transat A.T. Inc., where she was Chief Operating Officer from 2017 to 2021. Previously, she was President and General Manager of Transat Tours Canada Inc. from 2012 to 2017. Annick Guérard is also Chair of the Board of Espace Go Inc., where she had been a Board member since 2019. Ms. Guérard won the Prix Femmes d’affaires du Québec in 2015. She has a Bachelor of Civil Engineering from École Polytechnique de Montréal and an MBA from HEC Montréal.

Pierre Pomerleau has been President and Chief Executive Officer of Pomerleau Inc. since 1997 and was previously Vice-President from 1989 to 1997. Mr. Pomerleau has been a director of Richelieu Hardware Ltd. since 2016 and is Chair of the Board of the CHU Sainte-Justine Foundation, where he has been a Board member since 2022. Pierre Pomerleau is the recipient of the Prix MBA Accomplissements from the Association des MBA du Québec and the Prix Mérite 2014 from the Association des diplômés de Polytechnique. He has a Bachelor of Civil Engineering from École Polytechnique de Montréal and an MBA from the Ivey Business School of the University of Western Ontario.

"I am proud to welcome Annick Guérard and Pierre Pomerleau to the Bank's Board of Directors. Their impressive professional experiences, leadership and combined expertise in the fields of risk management, information technology, client experience, entrepreneurship and sustainable development will be major assets to the Board," said Robert Paré, Chair of the Board of Directors. "On behalf of the Bank's shareholders and employees, I would also like to acknowledge the contribution of Andrée Savoie and Pierre Thabet who are stepping down. Their skills and commitment have contributed to the success of the Bank and its transformation. I sincerely thank them," added Mr. Paré.

As announced in the March 2nd press release, Jean Houde completes his mandate as Director and Chair of the Bank’s Board of Directors today. "Mr. Houde's exceptional contribution to the Bank's success is invaluable. I would like to acknowledge his leadership as Chair of the Board for the past nine years and his commitment as a Director for the past 12 years and thank him for his positive impact on all stakeholders," said Laurent Ferreira, President and Chief Executive Officer of the Bank.

 

Here are the detailed results of the votes: 

DIRECTOR NOMINEE

OUTCOME

FOR

% FOR

WITHHELD

% WITHHELD

Maryse Bertrand

Elected

180,966,737

99.02%

1,796,550

0.98%

Pierre Blouin

Elected

182,225,385

99.71%

537,902

0.29%

Pierre Boivin

Elected

179,473,973

98.20%

3,289,314

1.80%

Yvon Charest

Elected

180,396,986

98.71%

2,366,305

1.29%

Patricia Curadeau-Grou

Elected

181,395,120

99.25%

1,368,171

0.75%

Laurent Ferreira

Elected

182,281,521

99.74%

481,770

0.26%

Annick Guérard

Elected

181,694,527

99.42%

1,068,764

0.58%

Karen Kinsley

Elected

181,403,656

99.26%

1,359,635

0.74%

Lynn Loewen

Elected

182,233,238

99.71%

530,053

0.29%

Rebecca McKillican

Elected

182,206,372

99.70%

556,919

0.30%

Robert Paré

Elected

180,394,022

98.70%

2,369,269

1.30%

Pierre Pomerleau

Elected

182,269,614

99.73%

493,677

0.27%

Lino A. Saputo

Elected

180,906,809

98.98%

1,856,482

1.02%

Macky Tall

Elected

177,222,630

96.97%

5,540,661

3.03%

The results of the final votes regarding all matters subject to a vote during the Annual Meeting are available on the websites of the Bank and SEDAR.

About National Bank of Canada

With $418 billion in assets as at January 31, 2023, National Bank of Canada , together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has approximatively 30,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook , LinkedIn and Twitter .


Information:

Marianne Ratté 

Vice-President – Investor Relations 
National Bank of Canada 

Debby Cordeiro

Senior Vice-President – Communications and Corporate Social Responsibility 
National Bank of Canada