STATEMENT: Hazel Claxton appointed to the board of directors of the Bank of Montreal

TORONTO, Aug.

STATEMENT: Hazel Claxton appointed to the board of directors of the Bank of Montreal

TORONTO, Aug. 30, 2023 /PRNewswire/ -- Bank of Montreal today announced the appointment of Hazel Claxton, former Executive Vice President and Chief Human Resources Officer at Morneau Shepell Inc. (now part of TELUS Health), to its board of directors.

"We are pleased to welcome Hazel to the board of directors," said George A. Cope, Chairman of the Board of Directors. "She brings a wealth of knowledge and experience in executive leadership, accounting and finance, talent management and strategic planning. She will be an important addition to our Board."

Prior to working at Morneau Shepell Inc. from 2013 to 2018, Claxton spent 29 years at PwC Canada, where he held various leadership roles. These included member of the Canadian Leadership Group, Human Capital leader and Partner of the Corporate Restructuring and Advisory Group, an area in which she practiced for 20 years. Claxton currently serves on the boards of Allied Properties REIT, TELUS Corporation, University Pension Plan Ontario and Unity Health Toronto.

Claxton holds a Bachelor of Commerce (Hons) from Queen's University and the ICD.D designation from the Institute of Corporate Directors. She is also a chartered professional accountant and chartered accountant.

About BMO Financial Group

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.25 trillion as of July 31, 2023. Serving clients for 200 years and counting, BMO is a diverse team of employees highly committed professionals who provide a broad range of personal services and commercial banking, wealth management, global markets and investment banking products and services to more than 13 million clients in Canada, the United States and select markets worldwide. Driven by a single purpose, to boldly grow good in business and life, BMO is committed to driving positive change in the world and progressing for a prosperous economy, sustainable future and inclusive society.

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Media Contact: John Fenton, Toronto, John.Fenton@bmo.com, (416) 867-3996

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