About the directors Read about the nominated directors before you vote your shares. This year, 12 directors have been nominated for election to the board for a one-year term. They were all elected at our 2022 meeting. John Cassaday retired from the board on February 15, 2023 as he neared the end of his 5-year term as Chair of the Board. Joseph Caron is also reaching the end of his 12-year director term and will not stand for re-election. This group of directors has the mix of skills, experience and qualifications necessary for proper oversight and effective decision-making in the context of a complex, publicly-traded organization. Appropriate size Independent 12 All directors is within an appropriate range for directors are independent, except the CEO, and healthy debate end effective decision-making all board committee members are independent Qualified and financially literate Age All 63 directors bring a mix of the competencies and is the average age of the nominated directors experience necessary for effective oversight, and all are financially literate Diverse 7 3 of the nominated independent directors (64%) are of the nominated independent directors (27%) women have self-identified as members of a visible minority as defined in the Employment Equity Act (Canada). Balanced tenure 6 6.4 4 0 1 years is the average tenure of the nominated independent directors < 5 years 5-9 years 10-12 years > 12 years The board has a 12-year term limit. The Chair of the Board can serve a term of five years, regardless of the number of years served as a director. Where to find it Key things about the board 16 2022 board committee reports 30 Director profiles 18 How we pay our directors 35 2023 Management information circular 15