Leon's Furniture Limited Announces Election of Directors

Rhea-AI Summary

Leon's Furniture (TSX: LNF) announced that all nominee directors listed in its March 6, 2026 Management Information Circular were elected at the May 7, 2026 annual meeting in Toronto.

Support levels ranged from 93.00% to 99.95% of votes cast in favor for each nominee.

News Market Reaction – LEFUF

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In the May 13 session, LEFUF declined 2.33%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Toronto, Ontario--(Newsfile Corp. - May 12, 2026) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that all of the nominee directors listed in the Management Information Circular dated March 6, 2026, were elected as directors of Leon's Furniture Limited. The vote was conducted at the Company's Annual Meeting of Common Shareholders, which took place on May 7, 2026, in Toronto. The results of the vote are set out at the bottom of this press release.

Name of Nominee	Votes For		Votes Withheld
Terrence T. Leon	50,720,613	93.00%	3,819,271	7.00%
Edward F. Leon	51,144,156	93.77%	3,395,728	6.23%
Lewis M. Leon	51,352,443	94.16%	3,187,441	5.84%
Joseph M. Leon	53,839,754	98.72%	700,130	1.28%
Mary Ann Leon	52,655,457	96.54%	1,884,427	3.46%
Frank Gagliano	53,315,016	97.75%	1,224,868	2.25%
The Hon. Lisa Raitt, P.C	53,844,127	98.72%	695,757	1.28%
Mitch Frazer	54,512,344	99.95%	27,540	0.05%

 

Final results on all matters voted at the Annual Meeting held on May 7, 2026, will be filed with the Canadian securities regulators.

About Leon's Furniture Limited
Leon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance banner alongside Leon's Appliance Canada banner, this makes the Company the country's largest commercial retailer of appliances to builders, developers, hotels and property management companies. The Company has 299 retail stores from coast to coast in Canada under various banners. The Company operates six websites:
leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservice.com and appliancecanada.com.

For further information, please contact:

Victor Diab Chief Financial Officer Leon's Furniture Limited Tel: (416) 243-4073 lflgroup.ca

Jonathan Ross LodeRock Advisors, Leon's Investor Relations jon.ross@loderockadvisors.com Tel: (416) 283-0178

 

SOURCE Leon's Furniture Limited

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297129

FAQ

What did Leon's Furniture (TSX: LNF) announce about its board election on May 12, 2026?

Leon's Furniture announced that all nominated directors were elected at its May 7, 2026 annual meeting. According to Leon's Furniture, each nominee on the March 6, 2026 Management Information Circular received majority shareholder support and will serve as director of the company.

How many director nominees were elected to Leon's Furniture (TSX: LNF) board at the 2026 annual meeting?

Eight director nominees were elected to the Leon's Furniture board at the 2026 annual meeting. According to Leon's Furniture, all nominees listed in the March 6, 2026 Management Information Circular received sufficient votes to be confirmed as directors by common shareholders.

What were the shareholder voting results for Mitch Frazer as Leon's Furniture (TSX: LNF) director in 2026?

Mitch Frazer received 54,512,344 votes for (99.95%) and 27,540 votes withheld (0.05%). According to Leon's Furniture, this was the highest recorded support percentage among nominees in the 2026 director election held at the May 7 annual meeting.

When was Leon's Furniture (TSX: LNF) 2026 annual meeting of shareholders held?

Leon's Furniture held its 2026 annual meeting of common shareholders on May 7, 2026, in Toronto. According to Leon's Furniture, the meeting included the election of directors and voting on all matters, with final detailed results to be filed with Canadian regulators.

Where will final voting results from Leon's Furniture (TSX: LNF) 2026 annual meeting be filed?

Final results from Leon's Furniture 2026 annual meeting will be filed with Canadian securities regulators. According to Leon's Furniture, these filings will cover detailed outcomes for all matters voted on, including director elections and any other resolutions considered by common shareholders.