Exhibit 99.1
ROYAL BANK OF CANADA
Annual Meeting of Common Shareholders
Toronto, Ontario – April 8, 2021 (Virtual Meeting)
REPORT OF VOTING RESULTS
In accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations
The following matters were voted on at the annual meeting of common shareholders of Royal Bank of Canada (the “bank”) held on April 8, 2021. Full details of these matters are set out in the Management Proxy Circular issued in connection with this meeting, which is available on our website at rbc.com/investorrelations; the website of our transfer agent, Computershare Trust Comany of Canada, at www.envisionreports.com/RBC2021; SEDAR at sedar.com and EDGAR at sec.gov/edgar.shtml.
1. | Election of Directors |
Each of the 12 nominees listed in the Management Proxy Circular was elected as a Director of the bank.
Nominee | Votes for | % for | Votes withheld | % withheld | ||||
Andrew A. Chisholm | 736,236,057 | 99.79% | 1,553,069 | 0.21% | ||||
Jacynthe Côté | 735,397,379 | 99.68% | 2,391,747 | 0.32% | ||||
Toos N. Daruvala | 735,958,018 | 99.75% | 1,831,108 | 0.25% | ||||
David F. Denison | 733,825,763 | 99.46% | 3,963,363 | 0.54% | ||||
Cynthia Devine | 736,030,416 | 99.76% | 1,758,710 | 0.24% | ||||
David McKay | 736,119,050 | 99.77% | 1,670,076 | 0.23% | ||||
Kathleen Taylor | 716,810,192 | 97.16% | 20,978,934 | 2.84% | ||||
Maryann Turcke | 735,958,013 | 99.75% | 1,831,113 | 0.25% | ||||
Thierry Vandal | 735,612,583 | 99.70% | 2,176,543 | 0.30% | ||||
Bridget A. van Kralingen | 733,881,838 | 99.47% | 3,907,288 | 0.53% | ||||
Frank Vettese | 736,130,776 | 99.78% | 1,658,350 | 0.22% | ||||
Jeffery Yabuki | 736,039,957 | 99.76% | 1,749,169 | 0.24% |
2. | Appointment of Auditor |
PricewaterhouseCoopers LLP was appointed as the auditor of the bank.
Votes for | % for | Votes withheld | % withheld | |||||
766,443,707 | 99.70% | 2,324,448 | 0.30% |
3. | Advisory vote on the bank’s approach to executive compensation |
Votes for | % for | Votes against | % against | |||||
707,497,631 | 95.89% | 30,288,895 | 4.11% |
4. | Proposal No. 1: Greenhouse gas emissions reduction target |
Votes for | % for | Votes against | % against | Abstentions* | ||||
227,284,250 | 31.05% | 504,677,752 | 68.95% | 5,825,238 |
5. | Proposal No. 2: Purpose and undertakings |
Votes for | % for | Votes against | % against | Abstentions* | ||||
79,269,004 | 11.15% | 631,360,570 | 88.85% | 27,159,364 |
6. | Proposal No. 3: Circular economy |
Votes for | % for | Votes against | % against | Abstentions* | ||||
119,041,230 | 16.23% | 614,622,901 | 83.77% | 4,124,809 |
7. | Proposal No. 4: Diversity target |
Votes for | % for | Votes against | % against | Abstentions* | ||||
32,478,698 | 4.58% | 676,550,459 | 95.42% | 28,759,947 |
* | An abstention is counted as present for quorum purposes, but is not counted as a vote cast in determining whether the requisite majority of votes cast has approved the proposal. |