Source: Canadian Western Bank

CWB Announces Election of Directors

EDMONTON, ALBERTA--(Marketwired - March 4, 2016) - Canadian Western Bank (TSX:CWB) today announced that all nominees listed in the management proxy circular dated January 4, 2016 were elected as directors of CWB. Detailed results of the vote for the election of directors held yesterday in Edmonton at CWB's Annual General Meeting are set out below.

Election of Directors

On a vote by ballot, each of the 11 nominees proposed by management was elected as a director of CWB:

Nominee Votes For % For Votes Withheld % Withheld
Albrecht W.A. Bellstedt, Q.C. 36,991,820 87.16 5,449,074 12.84
Andrew J. Bibby 41,795,915 98.48 644,979 1.52
Christopher H. Fowler 42,103,486 99.20 337,408 0.80
Linda M.O. Hohol 41,560,094 97.92 880,800 2.08
Robert A. Manning 38,854,023 91.55 3,586,871 8.45
Sarah A. Morgan-Silvester 42,252,400 99.56 188,494 0.44
Robert L. Phillips, Q.C. 39,435,224 92.92 3,005,670 7.08
Raymond J. Protti 41,599,342 98.02 841,552 1.98
Ian M. Reid 41,006,111 96.62 1,434,783 3.38
H. Sanford Riley 40,496,636 95.42 1,944,258 4.58
Alan M. Rowe 41,342,302 97.41 1,098,592 2.59

About Canadian Western Bank Group

CWB Group (CWB) is a diversified financial services organization serving businesses and individuals across Canada. Operating from its headquarters in Edmonton, Alberta, CWB's key business lines include full-service business and personal banking offered through 41 branches of Canadian Western Bank and Internet banking services provided by Canadian Direct Financial (CDF). Highly responsive specialized financing is delivered under the banners of CWB Equipment Financing, National Leasing, CWB Maxium Financial and CWB Optimum Mortgage. Trust Services are offered through Canadian Western Trust. Comprehensive wealth management offerings are provided through CWB Wealth Management, which includes the businesses of Adroit Investment Management, McLean & Partners Wealth Management and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols "CWB" (common shares) and "CWB.PR.B" (Series 5 Preferred Shares). Learn more at

Contact Information:

Canadian Western Bank
Matt Evans, CFA
AVP, Investor Relations
(780) 969-8337