In order to fulfill its responsibility, the Committee employs a skills matrix to assist with reviewing the skills and experience of director candidates and of the Board as a whole. The Governance and Nominating Committee of the Board is responsible for monitoring the composition of the Board, identifying new candidates for Board nomination, after considering the objectives of the Corporation’s Diversity Policy, and recommending to the Board those candidates who possess the qualifications, competencies, skills, business and financial experience, leadership roles, level of commitment and available time required of a Director to fulfill Board responsibilities. Recommending to the Board candidates for election as Directors and for appointments to Board Committees. Monitoring developments in the are of corporate governance and undertaking other initiatives that may be desirable to maintain high standards of corporate governance Īssessing the structure, composition, effectiveness and contribution of the Board of Directors, of all committees of the Board and of the Directors and Overseeing the Corporation’s approach to corporate governance issues

Monitoring the implementation of the Corporation’s policy and strategy with respect to CSR, which includes environmental and social matters

Responsibility for sustainability matters and ESG coniderations at the Board level is assigned to the Governance and Nominating Committee, whose responsibilities include: The Board is supported by four Board committees: Audit, Human Resources, Governance and Nominating, and Related Party and Conduct Review. This year, the number of women elected to the Board at the 2021 Annual Meeting of Shareholders has increased to three (21.43 per cent of the Board) as compared to two (15.39 per cent) the year prior. Our Board of Directors is composed of 14 Directors, including 13 non-executive Directors. As such, we are committed to the highest standards of governance. We believe that sound corporate governance is essential to the well-being of our business and our ability to generate long-term sustainable returns.

Financial Well-Being and Economic Prosperity.

Measuring our Environmental Performance.

Lobbying Activities and Political Contributions.

Oversight process of corporations