Big Rock Brewery (BR) AGM 2026 summary

Opening remarks and agenda

• David Kinder was scheduled to introduce the AGM; Chair Stephen Giblin led formal matters, followed by a management review of 2025 and Q1 2026.

Financial performance review

• FY2025 sales volume was 311,594 hl (+35%); net revenue $49.1M (+15%); gross margin $17.0M (+59%).

• Adjusted EBITDA was $3.6M (+265%), $5.8M higher than in 2024; loss per share was ($0.04), with a 98% change, and net debt was $9.5M, down 52%.

• Management attributed volume growth of 34.9% to strong wholesale and contract business results and described 2025 as a transformative year positioning the business for 2026.

Board and executive committee updates

• The agenda proposed fixing the board at five directors and electing Stephen Giblin, Kathleen McNally-Leitch, James Vanasek, Linda Thomas, and Pat Carey.

• James Vanasek and Pat Carey joined the board on January 5, 2026; Linda Thomas joined in May 2024, Stephen Giblin in 2018, and Kathleen McNally-Leitch in 1996.

• The executive roster included CEO David Kinder, CFO Bill Woods, VP Business Development and Government Relations Brad Goddard, VP Sales and Marketing Jason Higgins, and operations and people-and-culture directors.

• Quarterly updates noted a CFO and Director of Brewery Operations appointment, a Brewmaster hire, and a new Director of People and Culture.