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Toromont Ind TSX: TIH-T

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Toromont Announces Election of Board of Directors

GlobeNewswire - Thu May 6, 7:50AM CDT

Toromont Industries Ltd. (TSX:TIH.TO) ("Toromont") is pleased to announce that on May 5, 2021, at its Annual and Special Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 26, 2021 were elected as Directors of Toromont. The detailed results of the vote are as follows:

Nominee                 Total      Percentage of Total     Percentage of Total
                        Votes      Votes In      Votes     Votes         Votes
                        For        Favour        Withheld  Withheld
Peter J. Blake          64,342,046 99.16%        542,340   0.84%         64,884,386
Benjamin D. Cherniavsky 64,533,966 99.46%        350,420   0.54%         64,884,386
Jeffery S. Chisholm     60,870,406 93.81%        4,013,980 6.19%         64,884,386
Cathryn E. Cranston     62,626,622 96.52%        2,257,764 3.48%         64,884,386
James W. Gill           62,849,031 96.86%        2,035,355 3.14%         64,884,386
Wayne S. Hill           63,505,909 97.88%        1,378,477 2.12%         64,884,386
Sharon L. Hodgson       64,177,961 98.91%        706,425   1.09%         64,884,386
Scott J. Medhurst       64,426,972 99.30%        457,414   0.70%         64,884,386
Robert M. Ogilvie       62,933,816 96.99%        1,950,570 3.01%         64,884,386
Katherine A. Rethy      62,861,390 96.88%        2,022,996 3.12%         64,884,386
Richard G. Roy          60,151,181 92.71%        4,733,205 7.29%         64,884,386

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 - spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba in addition to most of the territory of Nunavut. In addition, the Group includes industry leading rental operations, a complementary material handling business and an 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

For more information contact:

Michael S. McMillan
Executive Vice President and Chief Financial Officer
Toromont Industries Ltd.
T: (416) 514-4790

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