Savaria Corporation
TSX : SIS

Savaria Corporation

May 11, 2016 16:26 ET

Savaria Announces the Election of its Directors

LAVAL, QUEBEC--(Marketwired - May 11, 2016) - Savaria Corporation ("Savaria") (TSX:SIS), one of the North America's leader in the accessibility industry, held its Annual Meeting of Shareholders today 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 18,190,283 83.10% 3,558,343 16.90%
Jean-Marie Bourassa 18,340,706 83.79% 3,407,920 16.21%
Robert Berthiaume 18,339,891 83.78% 3,408,735 16.22%
Jean-Louis Chapdelaine 20,798,823 95.02% 949,803 4.98%
Peter Drutz 20,634,694 94.27% 1,113,932 5.73%
Sylvain Dumoulin 21,632,573 98.83% 116,053 0.17%
Alain Tremblay 21,632,573 98.83% 116,053 0.17%

Savaria Corporation (savaria.com) is one of North America's leaders in the accessibility industry. It provides accessibility solutions for the elderly and physically-challenged to increase their mobility and independence. The diversity of its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts, as well as elevators for home and commercial use. In addition, it converts and adapts vehicles to be wheelchair accessible. It also operates a network of franchisees and corporate stores through which new and recycled accessibility equipment is sold. Savaria operates a plant located in Huizhou (China), which increases its competitive edge. The Corporation records more than 60% of its revenue outside Canada, primarily in the United States. It operates a sales network of some 400 active retailers in North America and employs some 440 people at its head office and plant in Laval (Quebec) and at its plants and sales offices in Brampton and London (Ontario), Calgary (Alberta) and Huizhou (China).

Facebook: https://www.facebook.com/savariabettermobility

Twitter: https://twitter.com/Mobilityforlife

Contact Information