Power Corporation Announces Election of Directors

MONTRÉAL, May 14, 2021 /CNW Telbec/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 17, 2021 were elected as its Directors. The detailed results of the vote at its virtual Annual Meeting of Shareholders held earlier today are set forth below.

On a vote by ballot, each of the following nominees proposed by management was elected as a Director:

Nominee		Votes For	% For	Votes Withheld	% Withheld
Pierre Beaudoin	Total	919,997,348	98.99%	9,381,034	1.01%
	Subordinate Voting Shares	372,659,728	97.55%	9,355,334	2.45%
	Participating Preferred Shares	547,337,620	100.00%	25,700	0.00%
Marcel R. Coutu	Total	898,530,948	96.68%	30,826,415	3.32%
	Subordinate Voting Shares	351,187,628	91.94%	30,806,415	8.06%
	Participating Preferred Shares	547,343,320	100.00%	20,000	0.00%
André Desmarais	Total	838,529,210	90.23%	90,829,753	9.77%
	Subordinate Voting Shares	291,186,590	76.23%	90,809,053	23.77%
	Participating Preferred Shares	547,342,620	100.00%	20,700	0.00%
Paul Desmarais, Jr.	Total	828,228,820	89.12%	101,130,143	10.88%
	Subordinate Voting Shares	280,886,200	73.53%	101,109,443	26.47%
	Participating Preferred Shares	547,342,620	100.00%	20,700	0.00%
Gary A. Doer	Total	925,755,993	99.61%	3,602,586	0.39%
	Subordinate Voting Shares	378,392,673	99.06%	3,602,586	0.94%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
Anthony R. Graham	Total	900,480,450	96.89%	28,878,129	3.11%
	Subordinate Voting Shares	353,117,130	92.44%	28,878,129	7.56%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
J. David A. Jackson	Total	927,213,638	99.77%	2,145,325	0.23%
	Subordinate Voting Shares	379,850,318	99.44%	2,145,325	0.56%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
Sharon MacLeod	Total	928,906,173	99.95%	452,406	0.05%
	Subordinate Voting Shares	381,542,853	99.88%	452,406	0.12%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
Paula B. Madoff	Total	903,803,171	97.25%	25,555,408	2.75%
	Subordinate Voting Shares	356,440,551	93.31%	25,554,708	6.69%
	Participating Preferred Shares	547,362,620	100.00%	700	0.00%
Isabelle Marcoux	Total	916,650,614	98.63%	12,708,349	1.37%
	Subordinate Voting Shares	369,287,994	96.67%	12,707,649	3.33%
	Participating Preferred Shares	547,362,620	100.00%	700	0.00%
Christian Noyer	Total	917,182,577	98.69%	12,176,002	1.31%
	Subordinate Voting Shares	369,819,257	96.81%	12,176,002	3.19%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
R. Jeffrey Orr	Total	917,778,112	98.75%	11,580,851	1.25%
	Subordinate Voting Shares	370,415,492	96.97%	11,580,151	3.03%
	Participating Preferred Shares	547,362,620	100.00%	700	0.00%
T. Timothy Ryan, Jr.	Total	927,588,132	99.81%	1,770,447	0.19%
	Subordinate Voting Shares	380,224,812	99.54%	1,770,447	0.46%
	Participating Preferred Shares	547,363,320	100.00%	0	0.00%
Siim A. Vanaselja	Total	913,025,537	98.24%	16,333,426	1.76%
	Subordinate Voting Shares	365,682,217	95.73%	16,313,426	4.27%
	Participating Preferred Shares	547,343,320	100.00%	20,000	0.00%

About Power Corporation
Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit www.PowerCorporation.com.

SOURCE Power Corporation of Canada

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