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FirstService Announces Election of Directors

T.FSV

TORONTO, April 13, 2017 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) (“FirstService”) today announced that at its annual meeting of shareholders, held in Toronto yesterday, the seven director nominees listed in FirstService’s management information circular dated February 27, 2017 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
Brendan Calder 44,979,552 99.30 % 318,488 0.70 %
Bernard I. Ghert 44,979,534 99.30 % 318,506 0.70 %
Jay S. Hennick 44,519,833 98.28 % 778,207 1.72 %
D. Scott Patterson 45,003,415 99.35 % 294,625 0.65 %
Frederick F. Reichheld 44,995,144 99.33 % 302,896 0.67 %
Michael Stein 44,482,229 98.20 % 815,811 1.80 %
Erin J. Wallace 44,995,404 99.33 % 302,636 0.67 %
 
*  As a vote was taken by a show of hands, the number of votes disclosed reflects those proxies received by
management in advance of the meeting.

In addition, at the meeting, FirstService shareholders approved, with a vote by a show of hands, the appointment of PricewaterhouseCoopers LLP as the auditor of FirstService for the ensuing year, as described 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 franchise systems and company-owned operations.

FirstService generates $1.5 billion in annual revenues and has more than 17,000 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 Subordinate Voting Shares of FirstService trade on the NASDAQ and the Toronto Stock Exchange under the symbol “FSV”.

For the latest news from FirstService Corporation, visit www.firstservice.com.

COMPANY CONTACTS: D. Scott Patterson President & Chief Executive Officer (416) 960-9500 Jeremy Rakusin Chief Financial Officer (416) 960-9500

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