First National Financial Corporation announces election of directors

8 mai 2017

Toronto, Ontario, May 8, 2017 – First National Financial Corporation (TSX: FN, TSX: FN.PR.A, TSX:FN.PR.B) (“First National”) is pleased to announce that each of the seven director nominees listed in the Management Information Circular, dated March 24, 2017, were elected as directors of First National at the Annual Meeting of shareholders of First National (the “Meeting”) held in Toronto on May 3, 2017. The detailed results of the vote for the election of directors held at the Meeting are set out below.


Name

Votes "For" (%)

Votes "Withheld" (%)

Stephen Smith

50,249,161 (99.06%)

477,740 (0.94%)

Moray Tawse

50,670,542 (99.89%)

56,359 (0.11%)

John Brough

50,386,602 (99.33%)

340,299 (0.67%)

Duncan Jackman

49,457,304 (97.50%)

1,269,597 (2.50%)

Robert Mitchell

50,720,654 (99.99%)

6,247 (0.01%)

Peter Copestake

50,720,839 (99.99%)

6,062 (0.01%)

Barbara Palk

50,706,439 (99.96%)

20,462 (0.04%)

Each of the seven nominees elected will serve on the board of directors of First National until the next annual election of directors or until their successors are elected or appointed.

In addition, the appointment of Ernst & Young LLP, as the auditor of First National, to hold office until the next annual meeting of shareholders of First National, or until their successors are appointed, and the authorization of the directors of First National to fix the auditor’s remuneration, was approved by a resolution passed by a vote by ballot, with 50,754,871 (99.98%) total votes cast “FOR” and 10,352 (0.02%) total votes “WITHHELD”.

About First National Financial Corporation

First National Financial Corporation (TSX: FN, TSX: FN.PR.A, TSX:FN.PR.B) is the parent company of First National Financial LP, a Canadian‐based originator, underwriter and servicer of predominantly prime residential (single‐family and multi‐unit) and commercial mortgages. With almost $100 billion in mortgages under administration, First National is Canada’s largest non‐bank originator and underwriter of mortgages and is among the top three in market share in the mortgage broker distribution channel. For more information, please visit www.firstnational.ca.

For further information:

Robert Inglis
Chief Financial Officer
First National Financial Corporation
Tel: 416-593-1100
Email: rob.inglis@firstnational.ca

Ernie Stapleton
President
Fundamental Creative Inc.
Tel: 905-648-9354
Email: ernie@fundamental.ca