MONTREAL, April 10, 2018 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX:LB) announces that the candidates nominated for a position of Director of Laurentian Bank of Canada (the “Bank”), as identified in the Management Proxy Circular dated February 27, 2018, were all elected. The election took place earlier today in Montreal, during the Annual Meeting of holders of common shares of the Bank. The detailed results of the vote are set out below.

The 11 candidates proposed by management and whose name is indicated below were elected as Directors of the Bank:

Candidate	Votes For				Votes Withheld
Lise Bastarache	21,442,664		99.56	%	94,543		0.44	%
Sonia Baxendale	21,451,613		99.60	%	85,594		0.40	%
Michael T. Boychuk	20,578,554		95.55	%	958,663		4.45	%
Gordon Campbell	21,457,555		99.63	%	79,662		0.37	%
Isabelle Courville	19,854,180		92.19	%	1,683,037		7.81	%
François Desjardins	21,457,313		99.63	%	79,904		0.37	%
Michel Labonté	21,434,398		99.52	%	102,819		0.48	%
A. Michel Lavigne	21,446,074		99.58	%	91,143		0.42	%
David Morris	21,458,873		99.64	%	78,344		0.36	%
Michelle R. Savoy	21,453,472		99.61	%	83,745		0.39	%
Susan Wolburgh Jenah	21,450,757		99.60	%	86,460		0.40	%

Voting results on all matters voted on at the Annual Meeting of the holders of common shares of the Bank will be published shortly on www.laurentianbank.ca, and filed with Canadian securities regulators.

About Laurentian Bank

Laurentian Bank of Canada is a financial institution whose activities extend mainly across Canada. Founded in 1846, its mission is to help customers improve their financial health and it is guided by values of proximity, simplicity and honesty.

The Bank serves one and a half million clients throughout the country and employs more than 3,700 individuals, which makes it a major player in numerous market segments. The Bank caters to the needs of retail clients via its branch network based in Quebec. The Bank also stands out for its know-how among small and medium-sized enterprises and real estate developers owing to its specialized teams across Canada. Its subsidiary B2B Bank is, for its part, one of the major Canadian leaders in providing banking products and services and investment accounts through financial advisors and brokers. Laurentian Bank Securities offers integrated brokerage services to a clientele of institutional and retail investors.

The Bank has $47 billion in balance sheet assets and $31 billion in assets under administration.

Information:

Hélène Soulard
Assistant Vice President, Communications
514-284-4500, extension 8232
helene.soulard@lbcfg.ca