BMO.TO
Published on 04/20/2026 at 02:32 am EDT
In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the matters voted on at the Annual Meeting of Shareholders of Bank of Montreal (the "Bank") held on April 15, 2026 and, as such votes were conducted by ballot, the number and percentage of votes cast FOR, AGAINST/WITHHELD from each vote. Each of the matters set out below is described in greater detail in the Notice of Annual Meeting of Shareholders and Management Proxy Circular which is available at https://www.bmo.com/investorrelations.
A ballot was conducted to vote on each resolution to appoint each of the following 14 nominees as a Director of the Bank to serve until the next Annual Meeting of Shareholders of the Bank or until their resignation or their successor is elected or appointed, and the outcome was as follows:
Nominee
Votes For
% Votes For
Votes Withheld
% Votes Withheld
Janice M. Babiak
354,755,101
95.98%
14,859,714
4.02%
Craig W. Broderick
367,498,923
99.43%
2,115,892
0.57%
Tammy L. Brown
368,739,106
99.76%
875,709
0.24%
Hazel Claxton
368,428,591
99.68%
1,186,224
0.32%
Diane L. Cooper
368,205,660
99.62%
1,407,884
0.38%
George A. Cope
357,023,631
96.59%
12,591,185
3.41%
Stephen Dent
365,401,455
98.86%
4,213,360
1.14%
Martin S. Eichenbaum
365,964,241
99.01%
3,650,574
0.99%
David Harquail
368,545,013
99.71%
1,069,802
0.29%
Eric R. La Flèche
358,092,154
96.88%
11,522,661
3.12%
Brian McManus
368,811,632
99.78%
803,183
0.22%
Lorraine Mitchelmore
364,043,370
98.49%
5,571,445
1.51%
Madhu Ranganathan
368,358,842
99.66%
1,255,973
0.34%
Darryl White
367,707,076
99.48%
1,907,740
0.52%
A ballot was conducted to vote on the resolution to appoint the firm of KPMG LLP as the auditors of the Bank for the 2026 fiscal year and the outcome was as follows:
Votes For
% Votes For
Votes Withheld
% Votes Withheld
347,812,508
91.63%
31,783,815
8.37%
A ballot was conducted to vote on the advisory resolution on the Bank's approach to Executive
Compensation and the outcome was as follows:
Votes For
% Votes For
Votes Against
% Votes Against
356,077,044
96.34%
13,536,959
3.66%
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
3,071,879
0.83%
365,282,641
99.17%
1,259,269
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
7,170,040
1.95%
361,413,639
98.05%
1,025,059
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
19,575,021
5.31%
348,822,269
94.69%
1,215,803
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
32,581,413
8.85%
335,622,304
91.15%
1,409,896
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
24,409,155
6.67%
341,753,537
93.33%
3,451,100
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
81,714,613
22.17%
286,800,664
77.83%
1,098,977
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
27,256,945
7.40%
341,061,676
92.60%
1,294,793
Votes For
% Votes For
Votes Against
% Votes Against
Abstentions*
50,334,994
13.80%
314,304,240
86.20%
4,971,170
*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.
Dated this 15th day of April, 2026.
By: /s/ Pascale Elharrar Pascale Elharrar Corporate Secretary
Disclaimer
BMO - Bank of Montreal published this content on April 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 20, 2026 at 06:31 UTC.