EX-99.2 3 tm2512230d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

FAIRFAX FINANCIAL HOLDINGS LIMITED

 

Report of Voting Results

(Section 11.3 of National Instrument 51-102)

 

This report describes the matters voted upon and the outcome of the votes conducted at the Annual Meeting of Shareholders of Fairfax Financial Holdings Limited (the “Corporation”) held on April 10, 2025.

 

There were present at the meeting registered shareholders and proxy holders holding or authorized to vote 13,788,790 subordinate voting shares (carrying one vote per share), being 60.5% of the issued and outstanding subordinate voting shares of the Corporation, and one proxy holder authorized to vote 1,548,000 multiple voting shares, being 100% of the issued and outstanding multiple voting shares of the Corporation.

 

Election of Directors

 

Each of the nominee directors listed in the Corporation’s management proxy circular dated March 7, 2025 (the “Circular”) was elected as a director. The voting results for the twelve directors nominated for election are set forth in the table below:

 

Name of
Nominee		  Vote For
(Aggregate)		   %   Vote
Against
 (Aggregate)		   %   Vote For
(Subordinate
Voting
Shares)		   %   Vote Against
(Subordinate
Voting
Shares)		   % 
Robert J. Gunn   27,865,053   95.18    1,410,143   4.82    11,495,427   89.07    1,410,143   10.93 
David L. Johnston   28,997,648   99.05    277,551   0.95%   12,628,022   97.85    277,551   2.15 
Karen L. Jurjevich   28,603,796   97.71    671,400   2.29    12,234,170   94.80    671,400   5.20 
Christine A. Magee   29,132,616   99.51    142,583   0.49%   12,762,990   98.90    142,583   1.10 
R. William McFarland   27,562,516   94.15    1,712,684   5.85    11,192,890   86.73    1,712,684   13.27 
Christine N. McLean   28,967,761   98.95    307,438   1.05    12,598,135   97.62    307,438   2.38 
Brian J. Porter   29,113,736   99.45    161,464   0.55    12,744,110   98.75    161,464   1.25 
Timothy R. Price   28,214,644   96.38    1,060,552   3.62    11,845,018   91.78    1,060,552   8.22 
Lauren C. Templeton   29,114,920   99.45    160,279   0.55    12,745,294   98.76    160,279   1.24 
Benjamin P. Watsa   28,959,465   98.92    315,735   1.08    12,589,839   97.55    315,735   2.45 
V. Prem Watsa   27,576,707   94.20    1,698,479   5.80    11,207,081   86.84    1,698,479   13.16 
William C. Weldon   26,809,775   91.58    2,465,422   8.42    10,440,149   80.90    2,465,422   19.10 

 

 

 

 

Appointment of Auditor

 

PricewaterhouseCoopers LLP was reappointed as the auditor of the Corporation. The Corporation received proxies with regard to the vote on the appointment of PricewaterhouseCoopers LLP, directing as set forth in the table below:

 

Vote For
(Aggregate)		   %   Withhold Vote
(Aggregate)		   % 
 27,760,609    92.05    2,397,268    7.95 

 

Shareholder Proposal

 

The shareholder proposal requesting that the Corporation disclose its financed emissions, across all material scopes, in absolute terms, as more fully described in Schedule A to the Circular, was not passed. The Corporation received proxies with regard to the vote on the shareholder proposal, directing as set forth in the table below:

 

Vote For
(Aggregate)		   %   Vote Against
(Aggregate)		   % 
 5,285,648    18.06    23,989,540    81.94 

 

Toronto, Ontario

April 11, 2025

 

  FAIRFAX FINANCIAL HOLDINGS LIMITED
   
  By: /s/ Derek Bulas
  Name: Derek Bulas
  Title: Vice President, Chief Legal Officer and Corporate Secretary