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Home Capital Group Announces Annual Meeting Results

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Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") announced today the voting results from its Annual General Meeting of Shareholders held Wednesday, May 13, 2020.

The total number of shares represented by shareholders in person and by proxy was 31,563,435 representing 60.32% of Home Capital’s issued and outstanding common shares. Shareholders voted in favour of all items of business, including election of each of the director nominees as follows:

NOMINEE NAME

VOTES FOR

VOTES WITHHELD

YOUSRY BISSADA

30,471,293

97.14%

897,294

2.86%

ROBERT J. BLOWES

31,359,404

99.97%

9,183

0.03%

PAUL W. DERKSEN

31,362,019

99.98%

6,568

0.02%

PAUL G. HAGGIS

31,181,104

99.40%

187,483

0.60%

ALAN R. HIBBEN

31,357,019

99.96%

11,568

0.04%

SUSAN E. HUTCHISON

31,359,460

99.97%

9,127

0.03%

CLAUDE R. LAMOUREUX

29,858,009

95.18%

1,510,578

4.82%

JAMES H. LISSON

31,357,271

99.96%

11,316

0.04%

HOSSEIN RAHNAMA

31,356,542

99.96%

12,045

0.04%

LISA L. RITCHIE

31,360,060

99.97%

8,527

0.03%

SHARON H. SALLOWS

30,694,064

97.85%

674,523

2.15%

Appointment of Auditor

Ernst & Young LLP was appointed as auditor of the Company until the next annual meeting of shareholders and the directors were authorized to fix the remuneration of the auditors:

VOTES FOR

VOTES WITHHELD

30,727,745

97.35%

835,690

2.65%

Advisory Vote on Approach to Executive Compensation

The advisory resolution on the Company’s approach to executive compensation was approved:

VOTES FOR

VOTES AGAINST

29,157,655

92.95%

2,210,932

7.05%

Detailed voting results for the meeting are available under Home Capital’s profile on SEDAR at www.sedar.com.

Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through a direct-to-consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200514005268/en/

Contacts

Jill MacRae
Director, Investor Relations
416-933-4991
Investor.relations@hometrust.ca