Element Financial confirmed that the nine director nominees announced in May were all elected as directors at the company’s annual shareholders meeting, which was held in Toronto.

Each nominee was elected by show of hands, with all nine nominees earning at least 87% of cast votes in favor. Steven Hudson and Brian Tobin each received 99.97% as the high–water marks.

Furthermore, at the meeting, an advisory resolution on Element’s approach to executive compensation was passed as an ordinary resolution of Element shareholders by a vote conducted by ballot. The results of the ballot were 237,038,798 common shares (80.26%) voting in favor of the ‘say on pay’ resolution.

The re-appointment of Ernst & Young as the independent auditors of Element was also approved at the meeting by a show of hands.