On May 9, 2024, Power Corporation of Canada announced that it held its annual general meeting of shareholders on May 9, 2024, and declared voting results. Accordingly, shareholder proposals submitted by from The Mouvement d?éducation et de défense des actionnaires 1) that the Board of Directors consider the advisability of introducing a new approach to incentive compensation, with the aim of linking part of the compensation of all employees to the organization?s performance against its key ESG targets, 2) the language fluency of the executives be disclosed in the proxy circular 3) that the Corporation adopt a policy regarding an annual advisory vote on its environmental and climate objectives and action plan were not approved by the shareholders of the Company. In addition, the Company stated that as agreed upon with the Mouvement d?éducation et de défense des actionnaires, proposal that the Corporation?s annual meetings be held in person, and that virtual meetings be added as a complement to, but not replace, in-person meetings was withdrawn and not submitted to a vote at the Meeting.