Press Releases

National Bank of Canada Management Proxy Circular now available

Montreal, 9 March 2017 -

National Bank of Canada (TSX: NA) announced today that its Notice of the Annual Meeting to be held on April 21, 2017 in Montreal and its Management Proxy Circular have been released and filed with securities regulators. National Bank is innovating this year by promoting the electronic version of its Circular, which is both cost effective and environmentally friendly.

The Circular includes detailed information on the Bank's Annual Meeting, the director nominees, and the Board's approach to executive compensation.

Highlights:
- Pierre Blouin, a new director nominee appointed in 2016, will be introduced at the Annual Meeting. Mr. Blouin has extensive expertise gained from working as the Chief Executive Officer of telecommunications companies.

- This year, 36% of the Bank's director nominees are women—a proportion that exceeds the one-third target set by the Board of Directors.

- With an income of nearly $6 billion, total assets of more than $230 billion, and a CET1 ratio of over 10%, the Bank is one of the soundest financial institutions in the world. Furthermore, in December 2016, it announced another increase of its quarterly dividend on its common shares of $0.56 per share.

- During the Annual Meeting, National Bank's Board of Directors will again submit its approach to compensation to a shareholder advisory vote. A proposal regarding the reload of the reserve of shares for the Bank's Stock Option Plan will also be submitted for approval at the Meeting.

Link:
nbc.ca/circular

About National Bank of Canada
With $234 billion in assets as at January 31, 2017, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has more than 21,000 employees and is widely recognized as a top employer. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media such as FacebookLinkedIn and Twitter.

For more information:
Linda Boulanger Claude Breton
Vice-President – Investor Relations Vice-President – Public Affairs
National Bank of Canada National Bank of Canada
Tel.: 514-394-0296 Tel.: 514-394-8644