Exhibit 99.1
REPORT UNDER
NATIONAL INSTRUMENT51-102
REPORT OF VOTING RESULTS
To: Canadian Securities Administrators
In accordance with section 11.3 of National Instrument51-102 – Continuous Disclosure Obligations, the following sets out the matters voted on at the Annual Meeting of Shareholders of Bank of Montreal (the “Bank”) held on April 5, 2018 and, as such votes were conducted by ballot, the number and percentage of votes cast for, against/withheld from each vote. Each of the matters set out below is described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular which was mailed to shareholders prior to the Annual Meeting and is available atwww.bmo.com/investorrelations.
The Board of Directors and management of the Bank recommended that shareholders vote FOR the election as director of each of the 14 nominees listed in the Management Proxy Circular, FOR the appointment of KPMG LLP as Auditors of the Bank, and FOR the advisory resolution on the Bank’s approach to executive compensation.
1. Election of Directors
A ballot was conducted to vote on each resolution to appoint each of the following 14 nominees as a Director of the Bank to serve until the next Annual Meeting of Shareholders of the Bank or until their resignation or their successor is elected or appointed, and the outcome was as follows:
| | | | | | | | |
Nominee | | Votes For | | Votes Withheld |
Janice M. Babiak | | 307,573,712 | | 99.66% | | 1,042,601 | | 0.34% |
Sophie Brochu | | 306,600,919 | | 99.35% | | 2,014,893 | | 0.65% |
George A. Cope | | 302,200,634 | | 97.92% | | 6,415,676 | | 2.08% |
Christine A. Edwards | | 306,305,310 | | 99.25% | | 2,309,714 | | 0.75% |
Martin S. Eichenbaum | | 307,416,266 | | 99.61% | | 1,200,283 | | 0.39% |
Ronald H. Farmer | | 301,150,828 | | 97.58% | | 7,464,600 | | 2.42% |
David Harquail | | 307,391,026 | | 99.60% | | 1,225,524 | | 0.40% |
Linda Huber | | 307,550,295 | | 99.65% | | 1,065,235 | | 0.35% |
Eric R. La Flèche | | 307,306,112 | | 99.58% | | 1,309,347 | | 0.42% |
Lorraine Mitchelmore | | 307,502,342 | | 99.64% | | 1,114,128 | | 0.36% |
Philip S. Orsino | | 298,437,100 | | 96.70% | | 10,179,448 | | 3.30% |
J. Robert S. Prichard | | 298,896,448 | | 96.85% | | 9,720,101 | | 3.15% |
Darryl White | | 307,163,800 | | 99.53% | | 1,452,671 | | 0.47% |
Don M. Wilson III | | 305,402,930 | | 98.96% | | 3,214,148 | | 1.04% |
2. Appointment of Shareholders’ Auditors
A ballot was conducted to vote on the resolution to appoint the firm of KPMG LLP as the auditors of the Bank for the 2018 fiscal year and the outcome was as follows:
| | | | | | |
| Votes For | | Votes Withheld |
| 318,553,707 | | 97.83% | | 7,064,198 | | 2.17% |
