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FirstService Announces Election of Directors

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FirstService Corporation
FirstService Corporation

TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService’s management information circular dated February 12, 2025 (the “Circular”) were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Yousry Bissada

29,196,775

98.814%

350,561

 

1.186

%

Elizabeth Carducci

29,196,981

98.814%

350,355

 

1.186

%

Steve H. Grimshaw

27,419,070

92.797%

2,128,266

 

7.203

%

Jay S. Hennick

26,373,017

89.257%

3,174,319

 

10.743

%

D. Scott Patterson

29,016,667

98.204%

530,669

 

1.796

%

Frederick F. Reichheld

28,860,731

97.676%

686,605

 

2.324

%

Joan Eloise Sproul

29,103,907

98.499%

443,429

 

1.501

%

Erin J. Wallace

27,757,798

93.943%

1,789,538

 

6.057

%


FirstService shareholders also approved the appointment of PricewaterhouseCoopers LLP as the auditor of FirstService for the ensuing year and a non-binding advisory resolution on FirstService’s approach to executive compensation, all as set out in the Circular.

About FirstService Corporation
FirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential – North America’s largest manager of residential communities; and FirstService Brands – one of North America’s largest providers of essential property services delivered through individually branded company-owned operations and franchise systems.

FirstService generates more than US$5.2 billion in annual revenues and has approximately 30,000 employees across North America. With significant insider ownership and an experienced management team, FirstService has a long-term track record of creating value and superior returns for shareholders. The common shares of FirstService trade on the NASDAQ and the Toronto Stock Exchange under the symbol “FSV”, and are included in the S&P/TSX 60 Index. More information is available at www.firstservice.com.

COMPANY CONTACTS:

D. Scott Patterson
Chief Executive Officer        
(416) 960-9566

Jeremy Rakusin
Chief Financial Officer
(416) 960-9566