Toromont Announces Election of Board of Directors
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E-mailTORONTO, May 05, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) (“Toromont”) is pleased to announce that on May 5, 2021, at its Annual and Special Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 26, 2021 were elected as Directors of Toromont. The detailed results of the vote are as follows:
| Nominee | Total VotesFor | Percentage of Votes InFavour | TotalVotes Withheld | Percentage of VotesWithheld | TotalVotes |
| Peter J. Blake | 64,342,046 | 99.16% | 542,340 | 0.84% | 64,884,386 |
| Benjamin D. Cherniavsky | 64,533,966 | 99.46% | 350,420 | 0.54% | 64,884,386 |
| Jeffery S. Chisholm | 60,870,406 | 93.81% | 4,013,980 | 6.19% | 64,884,386 |
| Cathryn E. Cranston | 62,626,622 | 96.52% | 2,257,764 | 3.48% | 64,884,386 |
| James W. Gill | 62,849,031 | 96.86% | 2,035,355 | 3.14% | 64,884,386 |
| Wayne S. Hill | 63,505,909 | 97.88% | 1,378,477 | 2.12% | 64,884,386 |
| Sharon L. Hodgson | 64,177,961 | 98.91% | 706,425 | 1.09% | 64,884,386 |
| Scott J. Medhurst | 64,426,972 | 99.30% | 457,414 | 0.70% | 64,884,386 |
| Robert M. Ogilvie | 62,933,816 | 96.99% | 1,950,570 | 3.01% | 64,884,386 |
| Katherine A. Rethy | 62,861,390 | 96.88% | 2,022,996 | 3.12% | 64,884,386 |
| Richard G. Roy | 60,151,181 | 92.71% | 4,733,205 | 7.29% | 64,884,386 |
About Toromont
Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory - spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Québec, Ontario and Manitoba in addition to most of the territory of Nunavut. In addition, the Group includes industry leading rental operations, a complementary material handling business and an agricultural equipment business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found at www.toromont.com.
For more information contact:
| Michael S. McMillan Executive Vice President and Chief Financial Officer Toromont Industries Ltd. T: (416) 514-4790 |
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