EX-99.1 2 exh_991.htm EXHIBIT 99.1 EdgarFiling

EXHIBIT 99.1

 

 

FIRSTSERVICE CORPORATION

(“FirstService”)

 

Annual and Special Meeting of

FirstService Shareholders held on May 3, 2019

 

REPORT OF VOTING RESULTS

 

Pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations

 

  Brief Description of
Matter Voted Upon		 Outcome
of Vote (1)		 Proxies/Votes Received
For Against Withheld Not Voted/
Not Valid
1. Appointment of Pricewaterhouse-Coopers LLP, Chartered Accountants and Licensed Public Accountants, as the independent auditors of FirstService until the close of the next annual meeting of the shareholders and authorizing the directors of FirstService to fix their remuneration Approved

51,100,974

(99.97%)

 –

13,669

(0.03%)

 –
2. Individual election, as directors of FirstService, of the eight nominees named in the Management Information Circular of FirstService dated March 25, 2019 (the “Circular”)          
  ·         Brendan Calder Approved

50,811,389

(99.41%)

 –

303,254

(0.59%)

 –
  ·         Bernard I. Ghert Approved

50,858,102

(99.50%)

 –

256,541

(0.50%)

 –
  ·         Jay S. Hennick Approved

50,205,199

(98.22%)

 –

909,444

(1.78%)

 –
  ·         D. Scott Patterson Approved

50,733,504

(99.25%)

 –

381,139

(0.75%)

 –
  ·         Frederick F. Reichheld Approved

50,813,576

(99.41%)

 –

301,067

(0.59%)

 –
  ·         Joan Eloise Sproul Approved

50,869,610

(99.52%)

 –

245,033

(0.48%)

 –
  ·         Michael Stein Approved

49,699,329

(97.23%)

 –

1,415,314

(2.77%)

 –
  ·         Erin J. Wallace Approved

50,814,971

(99.41%)

 –

299,672

(0.59%)

 –
3. Non-binding advisory resolution on FirstService’s approach to executive compensation as set out in the Circular Approved

49,510,223

(96.86%)

1,604,420

(3.14%)

 – –

 

 
 - 2 - 

 

  Brief Description of
Matter Voted Upon		 Outcome
of Vote (1)		 Proxies/Votes Received
For Against Withheld Not Voted/
Not Valid
4. Resolution, the full text of which is set out in Appendix A to the Circular, approving a transaction (the “Transaction”) pursuant to which FirstService will terminate the restated management services agreement with FirstService’s Founder and Chairman, Jay S. Hennick, and entities controlled by Mr. Hennick and eliminate the dual class share structure of FirstService Approved

23,774,307

(99.23%)

183,482

(0.77%)

 – –
5. Special resolution, the full text of which is set out in Appendix B to the Circular, to amend the articles of FirstService, subject to and following completion of the Transaction, to remove all references to the multiple voting shares and preference shares of FirstService, and to re-designate the subordinate voting shares of FirstService as “common shares” Approved

24,411,281

(99.23%)

189,482

(0.77%)

 – –
(1) The votes for items 1, 2 and 3 were conducted and approved by way of a show of hands; the number of votes disclosed for these items reflects those proxies received by management in advance of the meeting. The votes for items 4 and 5 were conducted and approved by way of a ballot.

 

DATED: May 3, 2019