#Canada #Toronto #Annual Meeting #Board of Directors #EQB Inc.

EQB Inc. Celebrates Positive Voting Results

On April 9, 2025, Toronto-based EQB Inc. (TSX: EQB) officially announced the successful election results from its annual general meeting, confirming all ten management nominees to its board of directors. The meeting, characterized by significant shareholder participation, demonstrated overwhelming confidence in the leadership and strategic direction of the company.

Election Results Overview

In the recent election, the ten nominees received impressive votes for their positions, showcasing the shareholders' strong endorsement:

• - Michael Emory: 25,996,363 votes (99.55% approval)
• - Susan Ericksen: 26,093,185 votes (99.92% approval)
• - Kishore Kapoor: 26,096,132 votes (99.93% approval)
• - Yongah Kim: 26,046,767 votes (99.74% approval)
• - Marcos Lopez: 26,096,468 votes (99.94% approval)
• - Andrew Moor: 25,999,231 votes (99.56% approval)
• - Rowan Saunders: 25,990,492 votes (99.53% approval)
• - Carolyn Schuetz: 25,790,101 votes (98.76% approval)
• - Vincenza Sera: 25,990,449 votes (99.53% approval)
• - Michael Stramaglia: 25,996,048 votes (99.55% approval)

The low percentage of votes withheld illustrates the trust and affirmation that shareholders place in the current board, highlighting the effective governance and vision of EQB Inc. The highest approval rating was attributed to Susan Ericksen, who nearly achieved a perfect percentage of 99.92%. This strong level of support is a positive reflection of the company's ongoing performance and strategy within the digital financial services sector.

About EQB Inc.

EQB Inc. stands as a prominent player in the Canadian digital financial services industry, managing substantial assets totaling approximately $132 billion as of January 31, 2025. It operates through its primary subsidiary, Equitable Bank, which ranks as Canada's seventh largest bank by assets. The bank is recognized for offering innovative banking solutions tailored to meet the evolving needs of over 700,000 customers nationwide, along with six million credit union members.

As Canada’s Challenger Bank™, EQB Inc. is dedicated to transforming the financial landscape, aiming to enhance the banking experience for its customers significantly. The company effectively harnesses technology to provide top-notch personal and commercial banking services. Its digital platform, EQ Bank, has consistently earned accolades from its customers and critics alike, securing a spot on Forbes' Top Banks list since 2021, further solidifying its reputation in the competitive banking sector.

Moving Forward

With a newly elected board, EQB looks towards the future with clear goals and unwavering commitment to innovation. The company is poised to continue its upward trajectory in the banking industry, actively seeking ways to evolve and adapt to meet customer needs amidst an ever-changing financial landscape.

In conclusion, the recent election results depict a solid foundation upon which EQB Inc. can build its future. As it forges ahead, the company remains focused on its mission to empower its customers while reshaping the Canadian banking experience.

For more information about EQB Inc. and its corporate updates, stakeholders can visit eqb.investorroom.com or connect with the company on LinkedIn.