CI FINANCIAL CORP.
Report on Voting Results
Section 11.3 of National Instrument 51-102
The following discloses the voting results of the annual and general meeting of the shareholders of CI Financial Corp. (the “Corporation”) held on June 22, 2022. Shareholders holding an aggregate of 141,079,417 common shares (72.07% of outstanding shares) were present or represented by proxy at the meeting.
1. Election of Directors
Each of the following nominees was elected as a director of the Corporation to serve until the close of the next annual meeting of the shareholders:
| | | | | | | | | | | | | | |
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| William E. Butt | 135,813,018 | 97.35% | 3,698,698 | 2.65% |
| Brigette Chang-Addorisio | 138,318,913 | 99.15% | 1,192,803 | 0.85% |
| William T. Holland | 130,684,520 | 93.67% | 8,827,196 | 6.33% |
| Kurt MacAlpine | 138,354,796 | 99.17% | 1,156,920 | 0.83% |
| David P. Miller | 101,865,736 | 73.02% | 37,645,980 | 26.98% |
| Tom P. Muir | 137,069,274 | 98.25% | 2,442,442 | 1.75% |
| Paul J. Perrow | 134,546,729 | 96.44% | 4,964,987 | 3.56% |
| Sarah M. Ward | 138,946,506 | 99.59% | 565,210 | 0.41% |
2. Appointment of Auditors
Shareholders re-appointed Ernst & Young LLP as the auditors of the Corporation to hold office until the close of the next annual meeting of the shareholders.
Outcome Votes FOR % Votes WITHHELD %
Carried 123,950,012 87.86% 17,129,405 12.14%
3. Say on Executive Compensation
On an advisory basis, Shareholders did not accept the approach to executive compensation disclosed in the Management Information Circular dated May 3, 2022.
Outcome Votes FOR % Votes AGAINST %
Not Carried 62,909,538 45.09% 76,602,178 54.91%
For additional information, please see the Management Information Circular.
DATED the 22nd day of June, 2022.
/s/ Bradley R. Howard
Bradley R. Howard
Corporate Secretary
CI Financial Corp.
