Rogers Communications (RCI) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with a territorial welcome acknowledging Indigenous peoples and the land.

• Executive Chairman welcomed attendees, highlighted the company's 65-year history, and outlined the agenda, including formal business, CEO remarks, and Q&A.

Financial performance review

• Achieved third consecutive year of industry-leading revenue, EBITDA, margins, and subscriber growth in 2024.

• Sector faces challenges from economic uncertainty, lower immigration, and increased competition.

• Major investments continue despite higher operating and regulatory costs.

• Ongoing focus on delivering balance sheet, with significant progress on reducing leverage post-Shaw merger.

Board and executive committee updates

• Board members and key executives introduced and recognized.

• Board fixed at 14 directors, all nominated and elected with over 97% of Class A shares in favor.