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Savaria Announces the Voting Results from Annual General Meeting of Shareholders

LAVAL, Quebec, May 13, 2020 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (SIS.TO) one of the global leaders in the accessibility industry, today announced the voting results at its Annual General Meeting of Shareholders held earlier today at Hôtel Le Crystal in Montréal (the “Meeting”).

Election of Directors

All the nominees listed in the Management Proxy Circular 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 32,192,878 94.99 1,696,948 5.01
Jean-Marie Bourassa 28,890,921 85.25 4,998,905 14.75
Marcel Bourassa 30,131,127 88.91 3,758,699 11.09
Sébastien Bourassa 32,121,106 94.78 1,768,720 5.22
Jean-Louis Chapdelaine 33,386,564 98.52 503,262 1.48
Peter Drutz 32,083,143 94.67 1,806,683 5.33
Sylvain Dumoulin 32,081,873 94.67 1,807,953 5.33
Alain Tremblay 30,888,394 91.14 3,001,432 8.86

About Savaria Corporation

Savaria Corporation (savaria.com) is one of the global leaders 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. In addition, Savaria converts and adapts vehicles to be wheelchair accessible. The Corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (Switzerland, Germany, Italy, Czech Republic, Poland and United Kingdom), Australia and China. Savaria employs approximately 1,450 people globally and its plants are located across Canada in Laval and Magog (Québec), Brampton, Beamsville and Toronto (Ontario) and Surrey (British Columbia), in the United States at Greenville (South Carolina), in Huizhou (China), in Milan (Italy) and in Newton Abbot (United Kingdom).

For further information:  
Sylvain Aubry, lawyer
Chief Legal Officer and Corporate Secretary
1.800.661.5112
saubry@savaria.com
www.savaria.com
www.facebook.com/savariabettermobility
www.twitter.com/Mobilityforlife