LONDON,
ON, April 21, 2022 /PRNewswire/ - VersaBank
(TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the
results of its 2022 Annual Meeting of Shareholders (the "Meeting")
held in Toronto, Ontario on
April 20, 2022.
Each of the director nominees listed in VersaBank's Management
Information Circular dated March 3,
2022 were elected as directors of the Bank. The detailed
results of the vote are as follows, with percentages rounded to two
decimal places:
|
|
|
|
|
Director
|
|
Number of
Votes
|
Percentage of
Votes
|
|
|
Cast
|
Cast
|
|
|
|
|
|
|
Robbert-Jan
Brabander
|
In
Favour:
|
17,450,668
|
93.96
|
%
|
|
Withheld:
|
1,121,727
|
6.04
|
%
|
|
|
|
|
|
|
David A.
Bratton
|
In
Favour:
|
16,593,246
|
89.34
|
%
|
|
Withheld:
|
1,979,149
|
10.66
|
%
|
|
|
|
|
|
|
Gabrielle
Bochynek
|
In Favour:
|
17,414,616
|
93.77
|
%
|
|
Withheld:
|
1,157,779
|
6.23
|
%
|
|
|
|
|
|
|
R.W. (Dick)
Carter
|
In
Favour:
|
10,579,380
|
56.96
|
%
|
|
Withheld:
|
7,993,015
|
43.06
|
%
|
|
|
|
|
|
|
The Honourable Thomas
A. Hockin
|
In
Favour:
|
17,449,267
|
93.95
|
%
|
|
Withheld:
|
1,123,128
|
6.05
|
%
|
|
|
|
|
|
|
Peter M.
Irwin
|
In Favour:
|
17,449,768
|
93.96
|
%
|
|
Withheld:
|
1,122,627
|
6.04
|
%
|
|
|
|
|
|
|
Arthur
Linton
|
In
Favour:
|
17,451,368
|
93.96
|
%
|
|
Withheld:
|
1,121,027
|
6.04
|
%
|
|
|
|
|
|
|
Susan T.
McGovern
|
In
Favour:
|
17,413,644
|
93.76
|
%
|
|
Withheld:
|
1,158,751
|
6.24
|
%
|
|
|
|
|
|
|
Paul G.
Oliver
|
In
Favour:
|
17,452,198
|
93.97
|
%
|
|
Withheld:
|
1,120,197
|
6.03
|
%
|
|
|
|
|
|
|
David R.
Taylor
|
In
Favour:
|
17,453,986
|
93.98
|
%
|
|
Withheld:
|
1,118,409
|
6.02
|
%
|
At the Meeting, the Shareholders also approved the
re-appointment of KPMG LLP as auditors of the Bank.
VersaBank's Voting Results with respect to all matters voted
upon at the Meeting will be filed on SEDAR at www.sedar.com and
EDGAR at www.sec.gov/edgar.
ABOUT VERSABANK
VersaBank is a Canadian Schedule I chartered bank with a
difference. VersaBank became the world's first fully digital
financial institution when it adopted its highly efficient
business-to-business model using its proprietary state-of-the-art
financial technology to profitably address underserved segments of
the Canadian banking market in the pursuit of superior net interest
margins while mitigating risk. VersaBank obtains all of its
deposits and provides the majority of its loans and leases
electronically, with innovative deposit and lending solutions for
financial intermediaries that allow them to excel in their core
businesses. In addition, leveraging its internally developed IT
security software and capabilities, VersaBank established wholly
owned, Washington, DC-based
subsidiary, DRT Cyber Inc. to pursue significant large-market
opportunities in cyber security and develop innovative solutions to
address the rapidly growing volume of cyber threats challenging
financial institutions, multi-national corporations and government
entities on a daily basis.
VersaBank's Common Shares trade on the Toronto Stock Exchange
("TSX") and on Nasdaq under the symbol VBNK. Its Series 1
Preferred Shares trade on the TSX under the symbol VBNK.PR.A.
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and
Twitter.
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SOURCE VersaBank
