Bank of Montreal held its Annual Meeting of Shareholders on April 15, 2026, where shareholders approved the election of all 14 director nominees, the appointment of KPMG LLP as auditors, and the advisory vote on executive compensation, while rejecting eight shareholder proposals.
Key takeaways
All 14 director nominees were elected, with support ranging from 95.98% to 99.78% of votes cast, indicating strong shareholder confidence in the board.
KPMG LLP was appointed as the Bank's auditors for the 2026 fiscal year with 91.63% of votes cast in favor.
The advisory vote on the Bank's approach to executive compensation passed with 96.34% support, showing shareholder approval of current compensation policies.
Eight shareholder proposals were rejected, with the highest support (22.17%) for a proposal on oversight of artificial intelligence to preserve the human dimension.