George Weston (WN) AGM 2026 summary

Opening remarks and agenda

• Meeting procedures outlined for the combined AGMs of George Weston and Loblaw, including voting and Q&A logistics.

• Updates scheduled from leaders of George Weston, Choice Properties, and Loblaw, followed by formal business and a joint Q&A session.

Financial performance review

• George Weston reported consolidated revenue of CAD 64.5 billion and 7.5% adjusted EBITDA growth in 2025.

• Net asset value increased by 25.8% year-over-year; free cash flow and share repurchases highlighted.

• Loblaw achieved CAD 64.8 billion in revenue, 6.2% growth, and a 32.5% total shareholder return.

• Choice Properties maintained 98.2% occupancy and grew funds from operations by 3.6%.

Board and executive committee updates

• All director nominees for both companies were current directors and received at least 97% support.

• Shareholder feedback addressed regarding board compensation and director engagement.