Canadian Pacific Kansas City (CP) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with an acknowledgment of Indigenous peoples and a reminder of forward-looking statements and disclosures.

• The meeting was held virtually, enabling global shareholder participation and online voting.

• Auditors were present to address questions, and the agenda included auditor appointment, board elections, Say on Pay, and Say on Climate votes.

• Voting procedures and access to meeting materials were explained, with polls open for all four business items.

• Quorum was confirmed, and the meeting was declared properly constituted.

Financial performance review

• Achieved robust earnings growth, strengthened the balance sheet, and increased dividends in 2025.

• Launched a new share buyback program, reflecting a commitment to shareholder returns.

• Delivered best-in-class earnings and volume growth, leveraging the three-nation network.

Board and executive committee updates

• Gordon Trafton appointed Vice Chair; Marc Parent joined as a new director; Katharine Stevenson nominated.

• Board actively engaged in succession planning and monitoring integration progress post-combination.