Trisura Group Ltd. ($TSU)

Good morning, and welcome, everyone. It is now 10:00 a.m. and time to begin the Annual Meeting of Shareholders of Trisura Group Limited. My name is George Myhal, and as Chair of the Board, it is my pleasure to Chair today's meeting. On behalf of the Board and management, I would like to extend a warm welcome to everyone attending through the online live stream broadcast today. We are pleased to host the meeting online, accessible to all our shareholders to participate, submit questions and vote. I will now call the meeting to order and would ask TSX Trust Company by its representatives to act as scrutineers. I will also ask Joanna Grossman to act as Secretary of today's meeting. And it is now my pleasure to introduce the members of management on the call. First, David Clare, President and CEO of Trisura Group; and secondly, David Scotland, Chief Financial Officer of Trisura Group. As outlined in our management information circular, there are 3 items of business to be considered today. First, to receive the consolidated financial statements of the company for the fiscal year ended December 31, 2025; second, to elect directors who will serve until the next Annual Meeting of Shareholders; and third, to appoint the external auditor and authorize the directors to set their remuneration. In connection with the business to be dealt with today, only registered shareholders who held shares in their name as of April 10, 2026, the record date of this meeting, or validly appointed proxy holders are entitled to vote at this meeting. We will conduct the votes on the matters before us by poll. Once the poll is opened, registered shareholders and proxy holders will be able to vote through the webcast portal. Please refer to the instructions on the left-hand side of the webcast page. Polling will be open for all resolutions at the same time. This will allow you to choose to vote on each resolution immediately. If you voted in advance of the meeting and do not wish to revoke your previously submitted proxies, then you do not need to do anything. There will be an opportunity to ask questions on each resolution in turn. Again, please refer to the instructions on the left side of the webcast page for information on voting and how to ask a question. I would note that those joining online as a guest will not be able to vote or ask questions. Once discussion on all items of business has concluded, I will give you time to enter your votes and then declare the voting closed on all resolutions. In the unlikely event of serious technical failure that prevents the meeting from continuing, the meeting will be rescheduled. I now declare the polls open on all resolutions. I am advised that the notice calling this meeting and the management information circular were disseminated to voting shareholders in accordance with all applicable laws. I have asked the Secretary of the meeting to keep a copy of the notice and proof of mailing with the minutes of this meeting. Based on the scrutineers' preliminary report on attendance, the secretary has confirmed that in accordance with the company's bylaws, there is a quorum present. I, therefore, declare the meeting properly constituted for the transaction of business for which it has been called. Now turning to the first item of formal business. I will table the company's 2025 annual report to shareholders, which includes the company's consolidated financial statements for the fiscal year ended December 31, 2025, together with the external auditor's report. Copies of our annual report have been mailed to shareholders who have requested it and are also available on our website. The second item of business at our meeting today is to elect directors who will serve until our next Annual Meeting of Shareholders. I would like to take this moment to thank Robert Taylor for his years of service on the Board of Trisura Group. Following Mr. Taylor's retirement on April 1, 2026, the Board appointed Chris Sekine to fill the vacancy. Mr. Sekine is standing for election by shareholders for the first time today. So it is my pleasure to introduce the 9 director nominees standing for election this year. These are Paul Gallagher, Sacha Haque, Barton Hedges, Anik Lanthier, Janice Madon, George Myhal, Chris Sekine, Lilia Sham and David Clare. All nominees are current directors of the company. Information on all 9 director nominees is set out in our management information circular, which was posted on our website for shareholder review and available from the company upon request. I am pleased to report that based on the proxies received by management in advance of the meeting, each director nominee received votes in favor of their election from over 95% of votes cast. I now nominate for election as directors the 9 nominees named in the management information circular dated May 12, 2025. This item of business is now before the meeting for questions. Okay. Hearing none, based on the votes cast, I declare that all 9 nominees have been duly elected as directors of the company to hold office until the next Annual Meeting of Shareholders or until their successors are elected or appointed. That brings us to the third item of business today, which is the appointment of the company's external auditor and authorizing the directors to set their remuneration. As stated in the management information circular, the Audit Committee of our Board has recommended to shareholders that Deloitte LLP be reappointed as the company's external auditor. I now move that Deloitte LLP be appointed the external auditor of the company until the next annual meeting and that the directors be authorized to set their remuneration. This resolution is now before the meeting. Okay. The appointment of auditor requires the favorable vote of at least a majority of the votes cast by shareholders present or represented by proxy at this meeting. Management has received proxies representing approximately 73% of the company's common shares. These proxies direct me to vote approximately 99.93% of those common shares in favor of the resolution. On that basis, I declare the resolution carried. For those who have not voted on all the resolutions, please do so now as I will close the polls on all resolutions in 30 seconds. Thank you. [Voting]

Okay. Thank you for casting your votes on these matters. The polls are now closed. The final voting results will be available after the meeting and posted to SEDAR at www.sedarplus.ca. As there is no other business, I declare the meeting terminated. That completes today's meeting. On behalf of the Board and management, I would like to thank everyone for attending and for your continued support of Trisura. The webcast will now end. Thank you.