YOUR VOTE MATTERS

Please join us from the safety and comfort of your home at 4:00pm on Thursday March 7th, 2024 for our 5th Annual General Meeting of the Members. Registration information is available HERE. Be sure to have your policy number handy to validate the voting process.
You will receive Zoom details after registration.

2024 ANNUAL GENERAL MEETING

TAKE NOTICE that the 5th Annual General Meeting of the Members of Nova Mutual Insurance Company will be held on the 7th day of March, 2024 at 4:00 p.m. As authorized under regulatory amendments to the Corporation’s Act, the meeting will be conducted electronically. Members wishing to attend the Meeting must pre-register below.

PURPOSES:

1. To receive and approve the minutes of the March 9, 2023 Annual General Meeting;
2. To receive and consider the audited financial statements for the year ended December 31, 2023 and approve the Auditor’s report thereon;
3. To appoint the Auditors for the year ending December 31, 2024, and to authorize the Board to set their  remuneration; and
4. To elect three (3) Directors for three-year terms.

The Meeting materials, including the 2023 audited financial statements and the Annual Report are available below. A copy of the audited financial statements may be obtained by sending a written request to the Corporation’s Head Office at least 14 days before the meeting.

ELECTION OF DIRECTORS

On the recommendation of the Nominating Committee, the Board of Directors has approved the following Nominees for election to the Board of Directors. All nominees submitted their Notice to seek election in accordance with the applicable legislation and Nova Mutual By-law 1-2019, as amended on March 1, 2022.

Mary Ann Mooney

Steve Gugler

Karen Hacker

NOMINATION PROCESS

Applications are received by the Board appointed Nominating Committee to fill positions that will become vacant as a result of term completions at the 2024 Annual General meeting, or to fill the unexpired term of a vacancy. It is the fiduciary duty of the Committee to act in the best interest of Nova Mutual by recommending nominees for election that possess the required competencies and will create a well-rounded, diverse, skills-based Board of Directors. A comprehensive assessment process was followed by the Nominating Committee for all candidates, including incumbent Directors, consisting of the review of individual skills self-assessments, the scoring of applications and C/Vs, and formal competency-based interviews. In selecting the nominees, the Committee considered the current Board skills composition and any potential gaps. As a result of this process, there was unanimous agreement of the Nominating Committee, and the recommended nominees for election at the 2024 AGM were approved by the Board of Directors. A copy of the comprehensive Nominating Committee process in recommending nominees for election as directors will be provided on request.

By order of the Board of Directors
Glenn Pick
Corporate Secretary