EX-99.1 2 d275992dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

ROYAL BANK OF CANADA

Annual Meeting of Common Shareholders

Toronto, Ontario – April 7, 2022 (Virtual Meeting)

REPORT OF VOTING RESULTS

In accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations

The following matters were voted on at the annual meeting of common shareholders of Royal Bank of Canada (the “bank”) held on April 7, 2022. Full details of these matters are set out in the Management Proxy Circular issued in connection with this meeting, which is available on our website at rbc.com/investorrelations; the website of our transfer agent, Computershare Trust Company of Canada, at www.envisionreports.com/RBC2022; SEDAR at sedar.com and EDGAR at sec.gov/edgar.shtml.

 

1.

Election of Directors

Each of the 13 nominees listed in the management proxy circular was elected as a director of the bank.

 

         
Nominee   Votes for   % for   Votes withheld   % withheld
     

Andrew A. Chisholm

  715,234,377   99.64%   2,550,825   0.36%
     

Jacynthe Côté

  715,180,787   99.64%   2,604,214   0.36%
     

Toos N. Daruvala

  713,209,345   99.36%   4,575,856   0.64%
     

David F. Denison

  712,005,162   99.19%   5,780,040   0.81%
     

Cynthia Devine

  714,400,666   99.53%   3,384,335   0.47%
     

Roberta L. Jamieson

  715,424,169   99.67%   2,361,033   0.33%
     

David McKay

  715,362,906   99.66%   2,423,114   0.34%
     

Kathleen Taylor

  667,371,611   92.98%   50,413,391   7.02%
     

Maryann Turcke

  647,355,047   90.19%   70,429,954   9.81%
     

Thierry Vandal

  712,433,485   99.25%   5,351,515   0.75%
     

Bridget A. van Kralingen

  710,342,314   98.96%   7,442,687   1.04%
     

Frank Vettese

  713,315,114   99.38%   4,470,086   0.62%
     

Jeffery Yabuki

  715,150,361   99.63%   2,634,840   0.37%

 

2.

Appointment of Auditor

PricewaterhouseCoopers LLP was appointed as the auditor of the bank.

 

         
Votes for   % for   Votes withheld   % withheld    
     

743,256,177

  99.37%   4,690,698   0.63%  

 

3.

Advisory vote on the bank’s approach to executive compensation

 

         
Votes for   % for   Votes against   % against    
     

679,634,127

  94.67%   38,298,480   5.33%  

 

4.

Proposal No. 1: Update ‘sustainable finance’ criteria

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

59,849,717

  9.00%   605,338,574   91.00%   52,727,787


5.

Proposal No. 2: Financialization of housing

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

154,898,642

  21.66%   560,301,000   78.34%   2,732,020

 

6.

Proposal No. 3: Avoiding bank participation in pollution-intensive asset privatizations

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

46,598,209

  6.81%   637,167,441   93.19%   34,160,377

 

7.

Proposal No. 4: Becoming a ‘benefit’ company

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

39,351,925

  5.51%   675,296,441   94.49%   3,282,557

 

8.

Proposal No. 5: Advisory vote on environmental policy

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

144,975,552

  21.55%   527,840,199   78.45%   45,115,838

 

9.

Proposal No. 6: French, the official language

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

4,818,419

  0.67%   710,375,816   99.33%   2,733,442

 

10.

Proposal No. 7: Circular economy

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

130,742,875

  18.32%   582,807,464   81.68%   4,381,542

 

11.

Proposal No. 8: Disclosure of the pay ratio

 

         
Votes for   % for   Votes against   % against   Abstentions*
     

94,624,805

  13.80%   591,070,938   86.20%   32,234,432

 

  *

An abstention is counted as present for quorum purposes, but is not counted as a vote cast in determining whether the requisite majority of votes cast has approved the proposal.