LFL Group (Leon's Furniture Limited) Announces Election of Directors

Newsfile Corp.

May 9, 2024 at 4:34 p.m.·2 min read

Toronto, Ontario--(Newsfile Corp. - May 9, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that all of the nominee directors listed in the Management Information Circular dated February 21, 2024, were elected as directors of Leon's Furniture Limited. The vote was conducted at the Company's Annual Meeting of Common Shareholders, which took place on May 8, 2024, in Toronto. The results of the vote are set out at the bottom of this press release.

Name of Nominee	Votes For		Votes Withheld
Terrence T. Leon	50,143,208	93.57%	3,446,974	6.43%
Edward F. Leon	50,931,791	95.01%	2,658,391	4.96%
Mark J. Leon	51,047,191	95.25%	2,542,991	4.75%
Joseph M. Leon	52,991,665	98.85%	617,849	1.15%
Alan Lenczner	50,835,545	94.86%	2,754,637	5.14%
Mary Ann Leon	52,031,232	97.09%	1,558,950	2.91%
Frank Gagliano	52,953,465	98.81%	637,717	1.19%
The Hon. Lisa Raitt	52,937,919	98.78%	652,263	1.22%

Final results on all matters voted at the Annual Meeting held on May 8, 2024, will be filed with the Canadian securities regulators.

About Leon's Furniture Limited

Leon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance banner alongside with Leon's Appliance Canada banner, this makes the Company the country's largest commercial retailer of appliances to builders, developers, hotels and property management companies. The Company has 302 retail stores from coast to coast in Canada under various banners. The Company operates six websites: leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservice.com and appliancecanada.com.

For further information, please contact:

Victor Diab, Interim CFO
Leon's Furniture Limited
Tel: (416) 243-4074

Investor contact:
Jonathan Ross
LodeRock Advisors, Leon's Investor Relations
jon.ross@loderockadvisors.com
Tel: (416) 283-0178

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208679

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