EX-99.1 2 d535306dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

REPORT UNDER

NATIONAL INSTRUMENT 51-102

REPORT OF VOTING RESULTS

To: Canadian Securities Administrators

In accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, the following sets out the matters voted on at the Annual Meeting of Shareholders of Bank of Montreal (the “Bank”) held on April 5, 2018 and, as such votes were conducted by ballot, the number and percentage of votes cast for, against/withheld from each vote. Each of the matters set out below is described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular which was mailed to shareholders prior to the Annual Meeting and is available at www.bmo.com/investorrelations.

The Board of Directors and management of the Bank recommended that shareholders vote FOR the election as director of each of the 14 nominees listed in the Management Proxy Circular, FOR the appointment of KPMG LLP as Auditors of the Bank, and FOR the advisory resolution on the Bank’s approach to executive compensation.

1. Election of Directors

A ballot was conducted to vote on each resolution to appoint each of the following 14 nominees as a Director of the Bank to serve until the next Annual Meeting of Shareholders of the Bank or until their resignation or their successor is elected or appointed, and the outcome was as follows:

 

Nominee

  Votes For   Votes Withheld

Janice M. Babiak

  307,573,712   99.66%   1,042,601   0.34%

Sophie Brochu

  306,600,919   99.35%   2,014,893   0.65%

George A. Cope

  302,200,634   97.92%   6,415,676   2.08%

Christine A. Edwards

  306,305,310   99.25%   2,309,714   0.75%

Martin S. Eichenbaum

  307,416,266   99.61%   1,200,283   0.39%

Ronald H. Farmer

  301,150,828   97.58%   7,464,600   2.42%

David Harquail

  307,391,026   99.60%   1,225,524   0.40%

Linda Huber

  307,550,295   99.65%   1,065,235   0.35%

Eric R. La Flèche

  307,306,112   99.58%   1,309,347   0.42%

Lorraine Mitchelmore

  307,502,342   99.64%   1,114,128   0.36%

Philip S. Orsino

  298,437,100   96.70%   10,179,448   3.30%

J. Robert S. Prichard

  298,896,448   96.85%   9,720,101   3.15%

Darryl White

  307,163,800   99.53%   1,452,671   0.47%

Don M. Wilson III

  305,402,930   98.96%   3,214,148   1.04%

2. Appointment of Shareholders’ Auditors

A ballot was conducted to vote on the resolution to appoint the firm of KPMG LLP as the auditors of the Bank for the 2018 fiscal year and the outcome was as follows:

 

Votes For   Votes Withheld
318,553,707   97.83%   7,064,198   2.17%


3. Advisory Resolution on the Bank’s approach to Executive Compensation

A ballot was conducted to vote for the Advisory Resolution on the Bank’s approach to Executive Compensation and the outcome was as follows:

 

Votes For   Votes Against
295,707,642   95.83%   12,854,844   4.17%

Dated this 5th day of April, 2018.

 

Bank of Montreal
By:  

/s/ Barbara M. Muir

  Barbara M. Muir
  Corporate Secretary