Exhibit 99.1
VERSABANK
Annual Meeting of Shareholders
Toronto, Ontario – Wednesday, April 20, 2022
REPORT OF VOTING RESULTS
In accordance with section 11.3 of NI 51-102 - Continuous Disclosure Obligations, the following sets out the voting results of the matters voted on at the Annual Meeting of Shareholders of VersaBank (the “Bank”) held on April 20, 2022. Each of the matters set out below is described in greater detail in the Management Proxy Circular mailed to shareholders prior to the meeting.
1. | Election of Directors |
Each of the following nominees was elected as a director of the Bank.
NOMINEE | FOR | % FOR | WITHHELD | % WITHHELD |
Robbert-Jan Brabander | 17,450,668 | 93.96 | 1,121,727 | 6.04 |
David A. Bratton | 16,593,246 | 89.34 | 1,979,149 | 10.66 |
Gabrielle Bochynek | 17,414,616 | 93.77 | 1,157,779 | 6.23 |
R.W. (Dick) Carter | 10,579,380 | 56.96 | 7,993,015 | 43.04 |
The Honourable Thomas A. Hockin | 17,449,267 | 93.95 | 1,123,128 | 6.05 |
Peter M. Irwin | 17,449,768 | 93.96 | 1,122,627 | 6.04 |
Arthur Linton | 17,451,368 | 93.96 | 1,121,027 | 6.04 |
Susan T. McGovern | 17,413,644 | 93.76 | 1,158,751 | 6.24 |
Paul G. Oliver | 17,452,198 | 93.97 | 1,120,197 | 6.03 |
David R. Taylor | 17,453,986 | 93.98 | 1,118,409 | 6.02 |
2. | Appointment of Auditors |
KPMG LLP was appointed as auditors of the Bank.
FOR | % FOR | WITHHELD | % WITHHELD |
13,395,576 | 65.72 | 6,987,711 | 34.28 |
Dated this 21st day of April 2022.
VERSABANK
/s/ Brent T. Hodge
______________________________
Brent T. Hodge
VP, General Counsel & Corporate Secretary