Gibson Energy (GEI) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with land acknowledgment and safety moment, followed by introduction of directors and senior management, and outlined agenda including voting on four key matters and a CEO presentation.

• Emphasis on community impact, with over 9,300 employee volunteer hours in 2024 and ongoing support for mental health initiatives.

Board and executive committee updates

• Significant leadership transition with new President and CEO, CFO, SVP Commercial Development, and incoming COO introduced.

• Board expressed confidence in the new team and acknowledged the resilience of staff during the transition.

• All directors standing for reelection, with board reaffirming commitment to diversity, equity, and inclusion programs.

Financial performance review

• Audited financial statements for year ended December 31, 2024, presented and made available to shareholders.

• Healthy balance sheet, strong growing dividend, and record safety performance highlighted.

• Over 9 million hours worked without a lost-time injury and a new record low for total recordable incident frequency.