Toromont Announces Election of Board of Directors


TORONTO, ONTARIO--(Marketwired - April 28, 2016) - Toromont Industries Ltd. (TSX:TIH) ("Toromont") is pleased to announce that all the nominees listed in its Management Information Circular dated February 29, 2016 were elected as directors of Toromont, until the next annual meeting of shareholders. The detailed results of the vote held Wednesday, April 27, 2016 are set out below.

Election of Directors

On a vote by ballot, each of the following ten nominees proposed by management was elected as a director of Toromont:

Nominee Total Votes
For
Percentage
of Votes
In Favour
Total Votes
Withheld
Percentage
of Votes
Withheld
1. Jeffrey S. Chisholm 59,224,680 97.75% 1,362,190 2.25%
2. Cathryn E. Cranston 60,549,847 99.94% 37,023 0.06%
3. Robert M. Franklin 60,429,376 99.74% 157,494 0.26%
4. David A. Galloway 59,068,246 97.49% 1,518,624 2.51%
5. James W. Gill 60,554,175 99.95% 32,695 0.05%
6. Wayne S. Hill 60,282,924 99.50% 303,946 0.50%
7. John S. McCallum 58,156,800 95.99% 2,430,070 4.01%
8. Scott J. Medhurst 60,298,524 99.52% 288,346 0.48%
9. Robert M. Ogilvie 58,942,648 97.29% 1,644,222 2.71%
10. Katherine A. Rethy 58,608,421 96.73% 1,978,449 3.27%

About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations and a growing agricultural equipment business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found at www.toromont.com.

Contact Information:

Toromont Industries Ltd.
Paul R. Jewer
Executive Vice President and Chief Financial Officer
(416) 667-5638
www.toromont.com