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RBC shareholders reject all shareholder proposals at annual meeting

Royal Bank of Canada shareholders rejected all shareholder proposals at their annual meeting on April 6.

More than 95% of shares voted against proposals related to a withdrawal from tax havens, a binding vote on executive compensation, a board size by-law, retirement and severance agreements, and placing shareholder proposals in circular.

In addition, 53.17% of shares voted against proposals concerning proxy access by-law and 57.75% voted against a shareholder proposal regarding lobbying.