Power Corporation Announces Election of Directors

MONTRÉAL, May 9, 2024 /CNW/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 20, 2024 were elected as its Directors. The detailed results of the vote at its Annual Meeting of Shareholders held earlier today in Montréal, Quebec 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 Against		% Against
Pierre Beaudoin		Total		896,803,416		99.17 %		7,484,762		0.83 %
		Subordinate Voting Shares		349,393,236		97.91 %		7,446,862		2.09 %
		Participating Preferred Shares		547,410,180		99.99 %		37,900		0.01 %
Marcel R. Coutu		Total		895,457,749		99.02 %		8,830,429		0.98 %
		Subordinate Voting Shares		348,031,869		97.53 %		8,808,229		2.47 %
		Participating Preferred Shares		547,425,880		100.00 %		22,200		0.00 %
André Desmarais		Total		735,607,284		81.35 %		168,680,893		18.65 %
		Subordinate Voting Shares		188,201,254		52.74 %		168,638,843		47.26 %
		Participating Preferred Shares		547,406,030		99.99 %		42,050		0.01 %
Paul Desmarais, Jr.		Total		774,411,365		85.64 %		129,876,813		14.36 %
		Subordinate Voting Shares		227,005,335		63.62 %		129,834,763		36.38 %
		Participating Preferred Shares		547,406,030		99.99 %		42,050		0.01 %
Gary A. Doer		Total		901,468,066		99.69 %		2,820,112		0.31 %
		Subordinate Voting Shares		354,037,186		99.21 %		2,802,912		0.79 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		0.00 %
Ségolène Gallienne-Frère		Total		901,291,511		99.67 %		2,996,667		0.33 %
		Subordinate Voting Shares		353,860,631		99.17 %		2,979,467		0.83 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		0.00 %
Anthony R. Graham		Total		838,710,761		92.75 %		65,577,416		7.25 %
		Subordinate Voting Shares		291,299,881		81.63 %		65,540,216		18.37 %
		Participating Preferred Shares		547,410,880		99.99 %		37,200		0.01 %
Sharon MacLeod		Total		902,443,742		99.80 %		1,844,436		0.20 %
		Subordinate Voting Shares		355,032,862		99.49 %		1,807,236		0.51 %
		Participating Preferred Shares		547,410,880		99.99 %		37,200		0.01 %
Paula B. Madoff		Total		901,877,659		99.73 %		2,410,519		0.27 %
		Subordinate Voting Shares		354,446,779		99.33 %		2,393,319		0.67 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		0.00 %
Isabelle Marcoux		Total		862,755,828		95.41 %		41,532,349		4.59 %
		Subordinate Voting Shares		315,324,948		88.37 %		41,515,149		11.63 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		0.00 %
R. Jeffrey Orr		Total		896,467,803		99.14 %		7,820,375		0.86 %
		Subordinate Voting Shares		349,037,623		97.81 %		7,802,475		2.19 %
		Participating Preferred Shares		547,430,180		100.00 %		17,900		0.00 %
T. Timothy Ryan, Jr.		Total		901,408,927		99.68 %		2,878,251		0.32 %
		Subordinate Voting Shares		353,978,047		99.20 %		2,861,051		0.80 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		0.00 %
Siim A. Vanaselja		Total		900,196,232		99.55 %		4,091,946		0.45 %
		Subordinate Voting Shares		352,785,352		98.86 %		4,054,746		1.14 %
		Participating Preferred Shares		547,410,880		99.99 %		37,200		0.01 %
Elizabeth D. Wilson		Total		902,608,168		99.81 %		1,680,010		0.19 %
		Subordinate Voting Shares		355,177,288		99.53 %		1,662,810		0.47 %
		Participating Preferred Shares		547,430,880		100.00 %		17,200		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

Stéphane Lemay, Vice-President, General Counsel and Secretary, 514-286-7400