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Extendicare Announces Voting Results from the 2013 Annual Meeting of Shareholders

May 13 2013 12:00AM

Marketwire

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MARKHAM, ONTARIO -- (Marketwired) -- 05/13/13 -- Extendicare Inc. ("Extendicare" or the "Company") (TSX: EXE) today announced the results of matters voted on at its annual shareholders' meeting held on May 9, 2013 (the "Meeting"), which included the election as directors of the Company, all of the nominees listed in its management information and proxy circular dated March 13, 2013 (the "Information Circular"). The voting results for each of the matters presented at the Meeting are presented below.

The total number of common shares represented by shareholders present in person or by proxy at the meeting was 36,778,096, representing 42.61% of the Company's outstanding common shares.

1. Election of Directors



On a vote by a show of hands, the election of the following 10 nominees as directors of the Company to hold office until the next annual meeting of the Company, or until their respective successors are elected or appointed, was approved. Proxies were received on this matter as follows:

----------------------------------------------------------------------------Nominee Votes For % Votes Withheld %----------------------------------------------------------------------------Mel Rhinelander 29,310,342 84.38 5,424,225 15.62----------------------------------------------------------------------------John F. Angus 34,526,997 99.40 207,570 0.60----------------------------------------------------------------------------Margery O. Cunningham 33,574,186 96.66 1,160,381 3.34----------------------------------------------------------------------------Governor Howard Dean, MD 33,622,098 96.80 1,112,469 3.20----------------------------------------------------------------------------Dr. Seth B. Goldsmith 34,508,223 99.35 226,344 0.65----------------------------------------------------------------------------Benjamin J. Hutzel 34,552,569 99.48 181,998 0.52----------------------------------------------------------------------------Michael J. L. Kirby 32,859,214 94.60 1,875,353 5.40----------------------------------------------------------------------------Alvin G. Libin 33,620,969 96.79 1,113,598 3.21----------------------------------------------------------------------------J. Thomas MacQuarrie 34,408,805 99.06 325,762 0.94----------------------------------------------------------------------------Timothy L. Lukenda 34,543,245 99.45 191,322 0.55----------------------------------------------------------------------------2. Appointment of Auditors



On a vote by a show of hands, the appointment of KPMG LLP as the auditors of the Company until the next annual meeting of the Company to be held in the year 2014, was approved. Proxies were received on this matter as follows:

---------------------------------------------------- Votes For % Votes Withheld %---------------------------------------------------- 35,972,403 97.98 743,206 2.02----------------------------------------------------3. Approach to Executive Compensation



On a vote by a show of hands, a non-binding advisory resolution to accept the Company's approach to executive compensation disclosed in the Company's Information Circular was approved. Proxies were received on this matter as follows:

---------------------------------------------------- Votes For % Votes Against %---------------------------------------------------- 33,182,931 95.53 1,551,636 4.47----------------------------------------------------



ABOUT US

Extendicare is a leading North American provider of post-acute and long-term senior care services. Through our network of owned and operated health care centers, our qualified and experienced workforce of 35,600 individuals is dedicated to helping people live better through a commitment to quality service that includes skilled nursing care, rehabilitative therapies and home health care services. Our 247 senior care centers in North America have capacity to care for approximately 27,100 residents.



Contacts:
Extendicare Inc.
Douglas J. Harris
Senior Vice President and Chief Financial Officer
(414) 908-8855
(905) 470-4003 (FAX)
djharris@extendicare.com
Visit Extendicare's Website at www.extendicare.com





Source: Marketwire


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