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TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Cboe Canada: MLC) ("Mount Logan,” "our,” "we,” or the "Company”) announced that at the annual meeting of shareholders held on June 18, 2025 (the "Meeting”), each of the six nominees listed in the management information circular dated May 13, 2025 (the "Circular”) were elected as directors of the Company. A total of 31,979,130 votes or 55.78% of Mount Logan's issued and outstanding common shares were voted in connection with the Meeting. The detailed results of the vote for each of the six elected directors are set out below.
| Nominee | Votes For | Percentage of Votes For | Votes Withheld | Percentage of Votes Withheld |
| Edward Goldthorpe | 27,549,276 | 93.39% | 1,949,588 | 6.61% |
| Perry Dellelce | 27,549,300 | 93.39% | 1,949,564 | 6.61% |
| Sabrina Liak | 27,549,260 | 93.39% | 1,949,604 | 6.61% |
| Rudolph Reinfrank | 28,304,236 | 95.95% | 1,194,628 | 4.05% |
| David Allen | 28,304,276 | 95.95% | 1,194,588 | 4.05% |
| Buckley Ratchford | 28,304,300 | 95.95% | 1,194,564 | 4.05% |
In addition, shareholders approved the re-appointment of Deloitte & Touche LLP as auditor.
Ted Goldthorpe, CEO and Chairman of Mount Logan, noted, "We appreciate the active engagement and strong vote of confidence our shareholders expressed at this year's Meeting. Their support reaffirms our strategic course, and we remain committed to transparent, two‑way dialogue as we pursue disciplined growth for the benefit of all stakeholders.”
About Mount Logan Capital Inc.
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Mount Logan Capital Inc. is an alternative asset management and insurance solutions company that is focused on public and private debt securities in the North American market and the reinsurance of annuity products, primarily through its wholly owned subsidiaries Mount Logan Management LLC ("ML Management”) and Ability Insurance Company ("Ability”), respectively. Mount Logan also actively sources, evaluates, underwrites, manages, monitors and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present low risk of principal impairment through the credit cycle.
ML Management was organized in 2020 as a Delaware limited liability company and is registered with the SEC as an investment adviser under the Investment Advisers Act of 1940, as amended. The primary business of ML Management is to provide investment management services to (i) privately offered investment funds exempt from registration under the Investment Company Act of 1940, as amended (the "1940 Act”) advised by ML Management, (ii) a non-diversified closed end management investment company that has elected to be regulated as a business development company, (iii) Ability, and (iv) non-diversified closed-end management investment companies registered under the 1940 Act that operate as interval funds. ML Management also acts as the collateral manager to collateralized loan obligations backed by debt obligations and similar assets.
Ability is a Nebraska domiciled insurer and reinsurer of long-term care policies and annuity products acquired by Mount Logan in the fourth quarter of fiscal year 2021. Ability is also no longer insuring or re-insuring new long-term care risk.
This press release is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and the communication of this release is not, and under no circumstances is it to be construed as, an offer to sell or an offer to purchase any securities in the Company or in any fund or other investment vehicle. This press release is not intended for U.S. persons. The Company's shares are not and will not be registered under the U.S. Securities Act of 1933, as amended, and the Company is not and will not be registered under the U.S. Investment Company Act of 1940 (the "1940 Act”). U.S. persons are not permitted to purchase the Company's shares absent an applicable exemption from registration under each of these Acts. In addition, the number of investors in the United States, or which are U.S. persons or purchasing for the account or benefit of U.S. persons, will be limited to such number as is required to comply with an available exemption from the registration requirements of the 1940 Act.
Contacts:
Mount Logan Capital Inc.
365 Bay Street, Suite 800
Toronto, ON M5H 2V1
Nikita Klassen
Chief Financial Officer
Scott Chan
Investor Relations
