Savaria Corporation
TSX : SIS

Savaria Corporation

May 21, 2015 08:00 ET

Savaria Announces the Election of its Directors

LAVAL, QUEBEC--(Marketwired - May 21, 2015) - Savaria Corporation (TSX:SIS), North America's leader in the accessibility industry, held its Annual General and Special Meeting of Shareholders on May 20, 2015 at the Hotel Le Crystal in Montreal. The seven candidates proposed for election were elected by a majority of the shareholders present in person or represented by proxy at the meeting, as follows:

Candidates Votes for Votes withheld
# % # %
Marcel Bourassa 19,679,893 92.48 % 1,601,366 7.52 %
Jean-Marie Bourassa 19,336,705 90.86 % 1,944,554 9.14 %
Robert Berthiaume 19,678,393 92.47 % 1,602,866 7.53 %
Jean-Louis Chapdelaine 20,265,159 95.23 % 1,016,100 4.77 %
Peter Drutz 19,925,071 93.63 % 1,356,188 6.37 %
Sylvain Dumoulin 21,280,959 100 % 300 - %
Alain Tremblay 21,280,859 100 % 400 - %

Savaria Corporation (savaria.com) is North America's leader in the accessibility industry focused on meeting the needs of people with mobility challenges. Savaria designs, manufactures, distributes and installs primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. With the acquisition of Silver Cross, the Corporation now operates a lead generation program to capture and distribute leads on potential customers to over 100 affiliates in North America; also, it is a franchisor of stores through which new and recycled accessibility equipment is sold. In addition, Savaria converts and adapts minivans to be wheelchair accessible. The diversity of its product line, one of the world's most comprehensive, enables the Corporation to stand out by proposing an integrated and customized solution for its customers' mobility needs. Its operations in China have substantially grown and the collaboration with Savaria's other Canadian facilities increases its competitive edge in the market place. The Corporation records more than 60% of its revenue outside Canada, primarily in the United States. It operates a sales network of some 700 retailers and affiliates in North America and employs some 430 people at its head office in Laval and at its plants and sales offices in Montreal (Quebec), Brampton and London (Ontario), Calgary (Alberta) and Huizhou (China).

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