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Additional health restrictions sought by SGI were halted by CIC, says NDP

ISC Announces Results of Annual Meeting of Shareholders

Article content REGINA, Saskatchewan, May 12, 2021 (GLOBE NEWSWIRE) Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced the voting results from its annual meeting of shareholders (the “Meeting”) held on May 12, 2021 in Regina, Saskatchewan. A total of 10,686,203 Class A Limited Voting Shares were represented at the Meeting, being 61.06 per cent of the Company’s issued and outstanding Class A Limited Voting Shares. Shareholders voted in favour of all matters, including the appointment of Deloitte LLP as auditor for the ensuing year and the election of its Board of Directors. Director Voting The following three members of the Board were appointed by the Lieutenant Governor In Council of the Province of Saskatchewan in lieu of Crown Investments Corporation of Saskatchewan (CIC) voting its shares on any resolution to elect directors, as provided for in

54 executives at Sask Crowns will see compensation cut

Article content The provincial government is reducing compensation for its Crown corporation executives this fiscal year. According to Thursday’s announcement, Crown executives at the chief executive officer and vice-president levels will see their salary holdback eligibility reduced by two thirds. Holdbacks, which are essentially bonuses, will be eliminated entirely for executives of the Crown Investments Corporation, the holding company for Saskatchewan’s commercial Crowns. We apologize, but this video has failed to load. Try refreshing your browser, or 54 executives at Sask. Crowns will see compensation cut Back to video “Salary holdbacks are the incentive-based portion of each executives’ salary and are a significant element of their total cash compensation. Prior to the change, salary holdbacks could add between 10 per cent and 25 per cent to an executive’s cash compensation, depending on their management level and size and scope of their organization,” state

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