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Morneau Shepell Inc. 2020 annual and special meeting of shareholders held May 8, 2020

TORONTO, May 8, 2020 /CNW/ - Morneau Shepell Inc. (the "Company" or "Morneau Shepell") (TSX: MSI) held its annual and special meeting of shareholders virtually Friday, May 8, 2020. Jill Denham, chair of the board; Stephen Liptrap, president and chief executive officer; and Grier Colter, chief financial officer and executive vice president, reviewed the growth and progress of the company in 2019, as well as highlights for the year ahead as the Company drives forward on its core purpose of improving lives, improving business.

In addressing the board and shareholders, Liptrap covered the Company's milestones and successes in 2019, and its strategy for the future.

"During a year of strategic expansion, we maintained strong client satisfaction levels, a key marker of success. We were also encouraged by the increasing uptake in our digital solutions portfolio that have never been more relevant, given the situation at hand today," said Liptrap. "Looking at 2020, by quarter-end, almost 100 per cent of our employees were working remotely, with all our business metrics and systems operating at pre-pandemic levels. Our people are enabled to continue serving our clients seamlessly around the world."

In the first few months of 2020, Morneau Shepell successfully implemented its business continuity plan in light of COVID-19; launched its Mental Health Index in Australia, Canada, the United Kingdom and the United States; partnered with a number of organizations to support Canadians through WellCan™; provided free AbilitiCBT™ to residents of Manitoba and Ontario; and opened its crisis hotline to provide emotional support for those affected by traumatic events, such as the tragic shooting in Nova Scotia and the flooding in Fort McMurray.

Morneau Shepell will continue to provide the continuum of care for its employees, clients and communities, with support from the board members that were elected during the Company's annual and special meeting of shareholders.

Election of board of directors
Each of the eight nominees proposed by management was elected as a director of Morneau Shepell.

Nominee

Votes for

% votes for

Votes withheld

% votes withheld

Luc Bachand

49,849,576

99.84

81,384

0.16

Jill Denham

49,502,941

99.14

428,019

0.86

Kish Kapoor

45,070,924

90.27

4,860,036

9.73

Ron Lalonde

49,910,590

99.96

20,370

0.04

Stephen Liptrap

49,879,999

99.90

50,961

0.10

Kevin Pennington

49,910,694

99.96

20,266

0.04

Dale Ponder

49,624,978

99.39

305,982

0.61

Michele Trogni

49,897,595

99.93

33,365

0.07

Appointment of auditors
KPMG LLP was reappointed as the auditors of the Company.

Other items
Shareholders approved resolutions to: (1) accept the Company's approach to executive compensation, (2) reapprove the Company's amended and restated 2017 Long Term Incentive Plan, and (3) reapprove the Company's amended and restated Directors' Deferred Share Unit Plan, all as described in the circular.

Proxy materials for this meeting are available at the investor relations section of morneaushepell.com and on the SEDAR website at sedar.com.

The recorded webcast of the meeting is also available at the investor relations section of morneaushepell.com.

About Morneau Shepell
Morneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform. Our focus is providing world-class solutions to our clients to support the mental, physical, social and financial wellbeing of their people. By improving lives, we improve business. Our approach spans services in employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services. Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries. Morneau Shepell is a publicly traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.

SOURCE Morneau Shepell Inc.

For further information: media@morneaushepell.com, 855-622-3327