Equitable Group Announces Voting Results for Election of Directors

MAY. 17, 2017

TORONTO, May 17, 2017 /CNW/ - Equitable Group Inc. (the "Company") (TSX: EQB and EQB.PR.C) announced today that the ten nominees listed in the Management Information Circular dated April 12, 2017 were elected as directors of the Company at its Annual Meeting of Shareholders held earlier today in TORONTO.

Detailed results of the vote are set out below.

NOMINEE

VOTES FOR

VOTES WITHHELD

Eric Beutel

12,626,267

98.48%

194,853

1.52%

Johanne Brossard

12,820,500

100.00%

620

0.00%

Michael Emory

12,820,500

100.00%

620

0.00%

Kishore Kapoor

12,820,500

100.00%

620

0.00%

David LeGresley

12,820,800

100.00%

320

0.00%

Lynn McDonald

12,820,500

100.00%

620

0.00%

Andrew Moor

12,820,800

100.00%

320

0.00%

Rowan Saunders

12,820,500

100.00%

620

0.00%

Vincenza Sera

12,820,260

99.99%

860

0.01%

Michael Stramaglia

12,627,367

98.49%

193,753

1.51%

Final voting results on all matters voted on at the Meeting will be published shortly on SEDAR at www.sedar.com and on the Company's website at www.equitablebank.ca.

About Equitable Group Inc.
Equitable Group Inc. is a growing Canadian financial services business that operates through its wholly-owned subsidiary, Equitable Bank. Equitable Bank is Canada's ninth largest independent Schedule I bank and offers a diverse suite of residential lending, commercial lending and savings solutions to Canadians. Through its proven branchless approach and customer service focus, Equitable Bank has grown to almost $23 billion of Assets Under Management. Most recently, Equitable Bank launched a digital banking operation, EQ Bank, along with its flagship product the EQ Bank Savings Plus Account. Equitable Bank employs nearly 600 dedicated professionals across the country, and is a 2017 recipient of Canada's Best Employer Platinum Award, the highest bestowed by AON. For more information about Equitable Bank and its products, please visit equitablebank.ca.

SOURCE Equitable Group Inc.

For further information: Andrew Moor, President and Chief Executive Officer, 416-515-7000

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