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Important Information Canadian Western Bank's (CWB) Annual General Meeting and the impact of Coronavirus (COVID-19)

T.CWB

EDMONTON, March 20, 2020 /CNW/ - CWB's annual general meeting will take place on Thursday, April 2, 2020. CWB, recognizing the widespread cancellation of public events as a protection of individual and public safety given the outbreak of the coronavirus (COVID-19), is regretfully cancelling the in-person elements of the annual general meeting such that shareholders will not be able to attend the meeting in-person. No member of CWB's Board of Directors or management team will be in-person at its April 2 annual general meeting and we plan to only conduct the formal business of the annual general meeting by webcast.

CWB Financial Group (CNW Group/Canadian Western Bank)

Arising from this decision, we encourage shareholders to vote through one of the following channels:

  • telephone: Call the number provided on your proxy form;
  • online: Visit the website provided on your proxy form; or,
  • by mail: Please complete and sign the proxy form enclosed in the Circular package mailed to you and return it in the postage­prepaid envelope provided.

Votes must be received by CWB's transfer agent, Computershare Trust Company of Canada, 8th Floor, 100 University Avenue, Toronto, Ontario, M5J 2Y1, no later than March 31, 2020.

Shareholders can join the annual meeting on April 2 via webcast. We will insert a link to the webcast on our website at www.cwb.com/annual-report-and-annual-meeting closer to the event.

We mailed our notice of annual meeting of common shareholders and management proxy circular to common shareholders of Canadian Western Bank in February and the document is available online at www.cwb.com/Proxy-Circular-2020. The management proxy circular contains information for shareholders regarding our annual meeting, including exercising voting rights on the election of CWB's Board of Directors and the appointment of CWB's auditor. Information regarding an advisory vote by shareholders on the approach to executive compensation is also disclosed in the management proxy circular.

We are committed to open communication with our investors. Please contact us at InvestorRelations@cwbank.com for general investor questions or CorporateSecretary@cwbank.com if you have questions for our Board of Directors.

About CWB Financial Group
CWB Financial Group (CWB) is a diversified financial services organization known for a highly proactive client experience serving businesses and individuals across Canada. Operating from headquarters in Edmonton, Alberta, CWB's key business lines include full service business and personal banking offered through branch locations of Canadian Western Bank and Internet banking services provided by Motive Financial. Highly responsive nation-wide specialized financing is delivered under the banners of CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance. Trust services are offered through CWB Trust Services. Comprehensive wealth management offerings are provided through CWB Wealth Management, which includes the businesses of CWB McLean & Partners Wealth Management and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols "CWB" (common shares), "CWB.PR.B" (Series 5 Preferred Shares), "CWB.PR.C" (Series 7 Preferred Shares) and "CWB.PR.D" (Series 9 Preferred Shares). Learn more at www.cwb.com.

SOURCE Canadian Western Bank

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2020/20/c5559.html

Chris Williams, AVP, Investor Relations, CWB Financial Group, Phone: 780-508-8229, il: chris.williams@cwbank.comCopyright CNW Group 2020



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