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MARKHAM, Ontario, Could 27, 2021 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Firm”) (TSX: EXE) at this time introduced the outcomes of issues voted on at its annual and particular assembly of shareholders held on Could 27, 2021 (the “Assembly”), which included the election as administrators of the Firm of all the nominees listed in its administration info and proxy round dated April 15, 2021 (the “Info Round”). The voting outcomes for every of the issues thought of on the Assembly are introduced beneath.
The overall variety of widespread shares represented by shareholders current in particular person or by proxy on the Assembly was 35,201,485, representing 39.30% of the Firm’s excellent widespread shares.
1. Election of Administrators
On a vote by poll, the election of the next 9 nominees as administrators of the Firm to carry workplace till the subsequent annual assembly of the Firm, or till their respective successors are elected or appointed, was authorized. The outcomes of the vote on this matter are set out beneath.
| Nominee | Votes For | % | Votes Withheld | % |
| Norma Beauchamp | 33,597,861 | 99.38 | 209,185 | 0.62 |
| Dr. Michael Guerriere | 33,581,512 | 99.33 | 225,534 | 0.67 |
| Sandra L. Hanington | 33,588,538 | 99.35 | 218,508 | 0.65 |
| Alan R. Hibben | 26,265,748 | 77.69 | 7,541,298 | 22.31 |
| Brent Houlden | 33,547,851 | 99.23 | 259,195 | 0.77 |
| Donna E. Kingelin | 33,603,793 | 99.40 | 203,253 | 0.60 |
| Samir Manji | 33,565,540 | 99.29 | 241,506 | 0.71 |
| Al Mawani | 33,548,476 | 99.24 | 258,570 | 0.76 |
| Alan D. Torrie | 33,557,948 | 99.26 | 249,098 | 0.74 |
2. Appointment of Auditors
On a vote by poll, the appointment of KPMG LLP because the auditors of the Firm to carry workplace till the shut of the subsequent annual assembly of the Firm at such remuneration as shall be mounted by the board of administrators of the Firm (the “Board”) was authorized. The outcomes of the vote on this matter are set out beneath.
| Votes For | % | Votes Withheld | % |
| 34,731,666 | 98.67 | 469,819 | 1.33 |
3. Reconfirmation and the Amended and Restated Shareholder Rights Plan
On a vote by poll, the extraordinary decision for the reconfirmation of the Firm’s amended and restated shareholder rights plan settlement was authorized. The outcomes of the vote on this matter are set out beneath.
| Votes For | % | Votes Towards | % |
| 33,588,653 | 99.35 | 218,393 | 0.65 |
4. Strategy to Government Compensation
On a vote by poll, a non-binding advisory decision to simply accept the Firm’s strategy to govt compensation disclosed within the Firm’s Info Round was authorized. The outcomes of the vote on this matter are set out beneath.
| Votes For | % | Votes Towards | % |
| 33,292,150 | 98.48 | 514,396 | 1.52 |
ABOUT EXTENDICARE
Extendicare is a number one supplier of care and companies for seniors throughout Canada, working below the Extendicare, Esprit Way of life, ParaMed, Extendicare Help, and SGP Buying Companion Community manufacturers. We’re dedicated to delivering high quality care all through the well being continuum to fulfill the wants of a rising seniors inhabitants. We function or present contract companies to a community of 120 long-term care houses and retirement communities (69 owned/51 contract companies), present roughly 8.3 million hours of dwelling well being care companies yearly, and supply group buying companies to 3rd events representing roughly 81,100 senior residents throughout Canada. Extendicare proudly employs greater than 23,000 certified, extremely skilled and devoted people who’re enthusiastic about offering prime quality care and companies to assist folks reside higher.
For additional info, contact:
Jillian Fountain
Vice President, Investor Relations
Telephone: (905) 470-5534; Fax: (905) 470-4003
E-mail: jfountain@extendicare.com
Go to Extendicare’s Web site at www.extendicare.com
