17 April 2025

Bank of Montreal shareholders reject five disclosure resolutions

Investors at Montreal Bank (BMO) voted to reject five disclosure-based shareholder resolutions at the Canadian bank’s AGM last week (11 April).

A resolution calling for disclosures on BMO’s energy supply ratio received almost one third of the vote, whilst a request for disclosures on political lobbying activities was supported by one in five investors.

The other three resolutions requested enhanced tax-related reporting, information on executive pay compensation metrics, and disclosures on the languages spoken by employees. All three received less than 10% of the vote.

 

BMO vote results (London Stock Exchange)