Aecon Group (ARE) investor relations material

Opening remarks and agenda

• The meeting opened with introductions of the board, executive team, and auditors, and an acknowledgment of the land and safety protocols.

• The agenda included receiving financial statements, electing directors, an advisory vote on executive compensation, and reappointing auditors.

• Shareholders were informed about participation and voting procedures, both in-person and online.

Board and executive committee updates

• John M. Beck, founder and long-serving chairman, did not stand for re-election and was named Chairman Emeritus in recognition of 63 years of service.

• Scott Thon was put forward as independent chair of the board, assuming re-election.

• Jeff Lyash was welcomed to the board, bringing expertise in nuclear and power sectors.

Corporate governance

• Proper notice of the meeting and materials were distributed to shareholders, and quorum was confirmed with 58.4% of shares represented.

• Voting was conducted by ballot, with most votes cast in advance by proxy.

• All director nominees received between 87% and 99% support.