EX-99.1 2 d477114dex991.htm EX-99.1 EX-99.1

THE BANK OF NOVA SCOTIA

Annual Meeting of Shareholders

April 4, 2023

REPORT OF VOTING RESULTS

in accordance with section 11.3 of National Instrument 51-102

Continuous Disclosure Obligations

The following matters were voted upon at the Annual Meeting of Shareholders of The Bank of Nova Scotia (the “Bank”) held on April 4, 2023. Each of the matters is described in greater detail in the Notice of the 191st Annual Meeting of Shareholders and Management Proxy Circular available at www.scotiabank.com in the Investor Relations section.

 

1.

Election of Directors

Each of the 12 nominees listed in the Management Proxy Circular was elected as a Director of the Bank.

 

Nominee

    Votes For      % For     Votes
Withheld		      %
Withheld		  

Nora A. Aufreiter

      564,799,596        97.50 %      14,495,611        2.50 % 

Guillermo E. Babatz

      568,581,251        98.15 %      10,713,956        1.85 % 

Scott B. Bonham

      562,662,387        97.13 %      16,632,818        2.87 % 

Daniel (Don) H. Callahan

      563,080,117        97.20 %      16,215,088        2.80 % 

W. Dave Dowrich

      564,904,575        97.52 %      14,390,630        2.48 % 

Lynn K. Patterson

      568,637,004        98.16 %      10,658,202        1.84 % 

Michael D. Penner

      561,628,800        96.95 %      17,666,406        3.05 % 

Una M. Power

      567,600,056        97.98 %      11,695,150        2.02 % 

Aaron W. Regent

      554,746,061        95.76 %      24,549,144        4.24 % 

Calin Rovinescu

      563,230,118        97.23 %      16,064,464        2.77 % 

L. Scott Thomson

      571,024,663        98.57 %      8,270,542        1.43 % 

Benita M. Warmbold

      551,986,405        95.29 %      27,300,561        4.71 % 

 

2.

Appointment of Auditors

KPMG LLP were appointed as auditors of the Bank.

 

Votes For

    % For   Votes Withheld    % Withheld

515,805,337

    86.36%   81,463,836    13.64%

 

3.

Advisory vote on non-binding resolution on executive compensation approach

 

Votes For

    % For   Votes Against    % Against

530,738,440

    91.62%   48,554,860    8.38%

4.

Shareholder Proposal No. 1

 

Votes For

    % For   Votes Against    % Against   Abstentions*

95,476,442

    17.49%   450,492,236    82.51%   33,315,998

 

5.

Shareholder Proposal No. 2

 

Votes For

    % For   Votes Against    % Against   Abstentions*

142,838,908

    24.95%   429,548,514    75.05%   6,899,790

 

*

An abstention is counted as present for quorum purposes but is not counted as a vote cast in determining whether the requisite majority of votes cast has approved the proposal.

 

2