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Siim A. Vanaselja, to the Board of Directors, Power Corporation of Canada

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Power Corporation of Canada is pleased to announce the election of Ms. Paula B. Madoff to its Board of Directors.

Mr. Vanaselja served as Executive Vice-President and Chief Financial Officer of BCE Inc. and Bell Canada, from 2001 to 2015. Prior to that, he was a Partner with KPMG Canada in Toronto. Mr. Vanaselja is a director of Great-West Lifeco and Canada Life, as well as a director and Chair of the Board of TC Energy Corporation and a trustee of RioCan Real Estate Investment Trust. Mr. Vanaselja is a Fellow of the Chartered Professional Accountants of Ontario.

Power Corporation (TSX: POW) is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.

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