CWB announces election of directors

EDMONTON, AB, April 8, 2022 /CNW/ - Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the Management Proxy Circular mailed to shareholders prior to the Annual Meeting were elected as directors of CWB. Detailed results of the vote for the election of directors held yesterday at CWB's Annual Meeting of Common Shareholders are set out below.

Election of Directors

On a vote by ballot, each of the 11 nominees proposed by management was elected as a director of CWB:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Andrew J. Bibby	60,814,974	99.05	585,839	0.95
Marie Y. Delorme	61,228,654	99.72	172,159	0.28
Maria Filippelli	61,027,443	99.39	373,370	0.61
Christopher H. Fowler	60,636,423	98.76	764,390	1.24
Linda M.O. Hohol	60,503,044	98.54	897,769	1.46
Robert A. Manning	55,130,882	89.79	6,269,931	10.21
E. Gay Mitchell	61,084,846	99.49	315,967	0.51
Sarah A. Morgan-Silvester	61,129,457	99.56	271,356	0.44
Margaret J. Mulligan	61,253,473	99.76	147,340	0.24
Irfhan A. Rawji	61,276,929	99.80	123,884	0.20
Ian M. Reid	58,725,236	95.64	2,675,577	4.36

About CWB Financial Group

CWB is the only full-service financial institution in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. We provide nation-wide full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. Our teams deliver a uniquely proactive and differentiated level of service to clients in targeted industries where we have deep expertise. Clients choose CWB for our highly personalized service, specialized expertise, customized solutions and faster response times. 

As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols "CWB" (common shares), "CWB.PR.B" (Series 5 preferred shares) and "CWB.PR.D" (Series 9 preferred shares). We are firmly committed to the responsible creation of value for all our stakeholders and our approach to sustainability will support our continued success. Learn more at www.cwb.com.

SOURCE CWB Financial Group

Chris Williams, AVP, Investor Relations, CWB Financial Group, Phone: [phone], Email: [email protected]