Accord Financial (ACD) AGM 2026 summary

Opening remarks and agenda

• 48th Annual Meeting convened online; formal business covered receipt of FY2025 audited statements, director elections and auditor appointment, followed by a strategy and refinancing update.

• 75.7% of outstanding shares represented by 18 shareholders holding 6,479,458 shares; quorum declared.

Financial performance review

• Bank debt declined from ~CAD 300 million a few years ago and CAD 148 million at end-2023 to CAD 53 million at end-2025.

• Audited consolidated statements for year ended December 31, 2025, with MD&A and auditor’s report, were formally received.

Board and executive committee updates

• Gary Prager, Stephen Warden and Simon Hitzig were elected directors until the next AGM or until successors are elected or appointed; most shares voted in favor.

• Canadian lending now operates under one organizational structure led by James Jang, with a unified team and technology platform transformation expected to finish within months.