Equitable Announces Election Of Directors

TORONTO, May 18, 2022 /CNW/ - Equitable Group Inc. (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) announced today the ten nominees listed in the management information circular dated March 31, 2022 were elected as directors of Equitable at the virtual annual and special meeting of shareholders held earlier today. The results of the proxy vote are set out below.

Nominee	Votes For	% For	Votes Withheld	% Withheld
Michael Emory	19,809,143	96.14%	795,081	3.86%
Susan Ericksen	20,083,087	97.47%	521,137	2.53%
Kishore Kapoor	20,330,306	98.67%	273,918	1.33%
Yongah Kim	20,582,694	99.90%	21,530	0.10%
David LeGresley	20,395,037	98.98%	209,187	1.02%
Lynn McDonald	19,847,522	96.33%	756,702	3.67%
Andrew Moor	20,587,536	99.92%	16,688	0.08%
Rowan Saunders	20,308,514	98.56%	295,710	1.44%
Vincenza Sera	20,036,560	97.24%	567,664	2.76%
Michael Stramaglia	20,050,262	97.31%	553,962	2.69%

The detailed results on all matters voted on at the annual and special meeting of shareholders will be available on www.equitablebank.ca and through Canadian securities regulators at www.sedar.com.

About Equitable Bank
Equitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists. Please visit equitablebank.ca for details.

SOURCE Equitable Group Inc.