EX-99.1 2 d857848dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

THE BANK OF NOVA SCOTIA

Annual Meeting of Shareholders

April 7, 2020

REPORT OF VOTING RESULTS

in accordance with section 11.3 of National Instrument 51-102

Continuous Disclosure Obligations

The following matters were voted upon at the Annual Meeting of Shareholders of The Bank of Nova Scotia (the “Bank”) held on April 7, 2020 via webcast and teleconference. Each of the matters is described in greater detail in the Notice of the 188th Annual Meeting of Shareholders and Management Proxy Circular mailed to shareholders and available at www.scotiabank.com in the Investor Relations section.

 

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         

Nora A. Aufreiter

      651,230,298        99.37 %      4,106,736        0.63 %                             

Guillermo E. Babatz

      650,745,233        99.30 %      4,591,802        0.70 %    

Scott B. Bonham

      650,390,771        99.25 %      4,946,264        0.75 %    

Charles H. Dallara

      653,432,706        99.71 %      1,904,329        0.29 %    

Tiff Macklem

      654,366,183        99.85 %      970,851        0.15 %    

Michael D. Penner

      651,223,973        99.37 %      4,113,061        0.63 %    

Brian J. Porter

      654,185,346        99.82 %      1,151,688        0.18 %    

Una M. Power

      652,026,495        99.49 %      3,310,540        0.51 %    

Aaron W. Regent

      647,126,114        98.75 %      8,210,921        1.25 %    

Indira V. Samarasekera

      647,740,722        98.84 %      7,596,312        1.16 %    

Susan L. Segal

      653,503,444        99.72 %      1,833,591        0.28 %    

L. Scott Thomson

      643,446,953        98.19 %      11,890,081        1.81 %    

Benita M. Warmbold

      650,253,340        99.22 %      5,083,694        0.78 %    

 

2.

Appointment of Auditors

KPMG LLP were appointed as auditors of the Bank.

 

     Votes For      % For     Votes
Withheld		      % Withheld        

                             

      658,900,459        99.07 %      6,169,911        0.93 %                            

3.

Advisory vote on non-binding resolution on executive compensation approach

 

     Votes For      % For     Votes Against      % Against        
     614,611,613        93.78 %      40,779,225        6.22 %                            

 

4.

Shareholder Proposal No. 1

 

     Votes For      % For     Votes Against      % Against     Abstentions*  
     45,922,511        7.02 %      607,964,409        92.98 %      1,487,981  

 

5.

Shareholder Proposal No. 2

 

     Votes For      % For     Votes Against      % Against     Abstentions*  
     10,127,955        1.55 %      643,770,418        98.45 %      1,476,830  

 

6.

Shareholder Proposal No. 3

 

     Votes For      % For     Votes Against      % Against     Abstentions*  
     48,284,727        7.38 %      605,632,500        92.62 %      1,458,460  

 

7.

Shareholder Proposal No. 4

 

     Votes For      % For     Votes Against      % Against     Abstentions*  
     56,404,362        8.89 %      578,356,598        91.11 %      20,614,729  

 

*

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.

 

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