Keyera (KEY) AGM 2025 summary

Opening remarks and agenda

• Acknowledged Treaty 7 signatories and Métis Nation, emphasizing inclusivity and accessibility through hybrid meeting format.

• Outlined meeting structure: business portion, CEO presentation, and Q&A session.

Board and executive committee updates

• Recognized retiring directors Doug Haughey and Michael Norris for their service and leadership; Norris chaired the Audit Committee and Haughey was Independent Lead Director and chair of the Governance and Sustainability Committee.

• Welcomed new board nominees Tim Kitchen and Bob Pritchard, both elected for the first time and bringing extensive experience in energy and investment banking.

• Confirmed all current directors, except retirees, were nominated for re-election.

Overview of voting outcomes

• All director nominees were elected with approval rates ranging from 89.21% to 99.93%.

• Deloitte LLP appointed as auditors with 81.83% support.

• Long-term incentive plan and all other resolutions, including executive compensation, were approved by shareholders; executive compensation approach received 96.03% approval.