Laurentian Bank Management Proxy Circular now available - Nominations for the election of independent directors reach parity

MONTRÉAL, March 11, 2016 /CNW Telbec/ - Laurentian Bank of Canada (LB:TO) announced today that it has mailed its Notice of Annual and Special Meeting and Management Proxy Circular to holders of common shares. The circular is available on SEDAR and in the Investor Relations section of the Bank's Web site.

The annual and special meeting of shareholders of Laurentian Bank will be held on April 6, 2016, in Toronto. The circular contains all the information necessary for shareholders to be able to exercise their right to vote on the amendments to the Bank's General By-Laws, the election of directors, the appointment of the auditor, the advisory vote on named executive compensation and the shareholder proposals.

The circular also provides information about the Board of Directors and other details concerning the election of independent directors, 50% of the nominations being women. This representation confirms the importance Laurentian Bank assigns to diversity. All of the candidates up for election currently sit on the Bank's Board of Directors.

About Laurentian Bank
Laurentian Bank of Canada is a banking institution whose activities extend across Canada. The Bank serves one and a half million clients throughout the country and employs more than 3,700 people whose talent and dedication have made it a major player in numerous market segments. The Bank has more than $40 billion in balance sheet assets and $42 billion in assets under administration.

Laurentian Bank distinguishes itself through the excellence and simplicity of its services. The Bank caters to the needs of retail clients via its branch network. The Bank has also earned a solid reputation among small and medium-sized enterprises and real estate developers thanks to its specialized teams across Canada, namely in Ontario, Québec, Alberta, British Columbia and Nova Scotia. For their part, B2B Bank is a Canadian leader in providing banking and investment products and services to financial advisors and brokers, while the expertise and effectiveness of Laurentian Bank Securities' integrated brokerage services are known nationwide.

SOURCE Laurentian Bank of Canada

Louise Bergeron, Vice-President, Executive Office, Office: [phone], ext. 4840, Mobile: [phone], [email protected]