Cielo Waste Solutions (CMC) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with a welcome, introduction of board members, and a reminder about forward-looking statements and associated risks.

• The meeting was held in person and via webcast, with formal business followed by a corporate presentation and Q&A.

• Voting procedures and participation rules were outlined, with ballots distributed to registered shareholders and proxy holders.

Board and executive committee updates

• The board was fixed at four directors for the ensuing year.

• All four incumbent directors—Sheila Leggett, Ryan Jackson, Larry Schafran, and Peter MacKay—were re-elected.

• MNP LLP was appointed as auditor for the coming year, replacing KPMG LLP.

Shareholder proposals

• The company's rolling stock option plan was reapproved by a majority of the minority shareholders.

• A statement was made on behalf of Expander Energy and related parties regarding the Cielo Expander Settlement Agreement.