VersaBank (VB) AGM 2026 summary

Opening remarks and agenda

• Chair confirmed proper notice, quorum, and appointment of meeting officials, including scrutineers and secretary.

• Agenda included appointment of auditors, election of directors, by-law amendment, and Q&A.

Board and executive committee updates

• Board members and senior management were introduced, with one director participating remotely.

• Paul Oliver was recognized for his long service and is stepping down from the board.

• Scott Verity was welcomed as a new director, bringing audit experience.

Overview of voting outcomes

• Ernst & Young reappointed as auditors by majority vote.

• Ten directors elected by cumulative voting, with 39.6% of shares represented; all nominees confirmed.

• Special resolution amending by-law to allow CEO and President roles to be held by different individuals was approved by at least two-thirds majority.