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Savaria Announces the Voting Results from Annual General Meeting of Shareholders

Savaria Corporation
Savaria Corporation

LAVAL, Québec, May 12, 2022 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS) a global leader in the accessibility industry, announced today the voting results at its Annual General Meeting of Shareholders held earlier today (the “’Meeting”).

Election of Directors

All the nominees listed in the Management Proxy Circular, prepared in connection with the Meeting, were elected as directors by a resolution passed by a majority of the shareholders present or represented by proxy at the Meeting, to hold office until the next annual meeting following their election or until their successors are elected or appointed without a ballot being conducted. The following represents the proxies received with regard to such matter:

Nominees

IN FAVOR

WITHHOLD

(#)

(%)

(#)

(%)

Caroline Bérubé

43,095,664

95.71

1,933,463

4.29

Jean-Marie Bourassa

39,717,308

88.20

5,311,819

11.80

Marcel Bourassa

43,173,406

95.88

1,855,721

4.12

Sébastien Bourassa

40,025,454

88.89

5,003,673

11.11

Jean-Louis Chapdelaine

43,027,367

95.55

2,001,760

4.45

Peter Drutz

42,342,827

94.03

2,686,300

5.97

Sylvain Dumoulin

41,642,360

92.48

3,386,767

7.52

Alain Tremblay

35,792,538

79.49

9,236,589

20.51

About Savaria Corporation

Savaria Corporation (savaria.com) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. In addition, Savaria converts and adapts vehicles for personal and commercial uses. The Corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (UK, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China. Savaria employs approximately 2,250 people globally and its plants are located across Canada, the United States, Europe and China.

For further information:

Sylvain Aubry, lawyer
Chief Legal Officer and
Corporate Secretary
1.800.661.5112
saubry@savaria.com

www.savaria.com
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