Ladies and gentlemen, welcome to the annual general meeting of Aritzia Inc. Please note the meeting will be recorded. I would like to introduce to you Ms. Beth Reed, Vice President, Investor Relations of Aritzia Inc. Ms. Reed, the floor is yours.
Thank you, and good afternoon, everyone. Thank you for joining Aritzia's virtual annual general meeting of shareholders. As a result of the COVID-19 pandemic and our continuing priority to safeguard the health and safety of our shareholders, directors, and our team, we made the decision to hold this year's annual general meeting in a virtual-only format that is being streamed via live webcast. Our agenda today includes the formal business of the meeting that will be conducted by John Currie, our Lead Director, followed by remarks from Jennifer Wong, our Chief Executive Officer. We will conclude with a question and answer period open to registered shareholders and duly appointed proxy holders, at which time Brian Hill, our Executive Chair, Jennifer Wong, Todd Ingledew, our CFO, and Ada San, our VP, Legal and Corporate Secretary, will be available to respond to questions.
Please note that our remarks and responses to questions today may include our expectations, future plans and intentions that may constitute forward-looking statements. We would refer you to our most recently filed management discussion and analysis and annual information form, which include a summary of the material assumptions as well as certain material risks and factors that could affect our future performance and our ability to deliver on these forward-looking statements. With that, I would like to turn the meeting over to John E. Currie, our Lead Director, to lead us through the formal business of the meeting.
Thanks, Beth, and good afternoon. Thank you for coming to Aritzia's virtual annual general meeting of shareholders. I have been appointed by the board of directors to be the chair for today's meeting. During the formal business portion of the meeting, please note that only registered shareholders or their duly appointed proxy holders are permitted to vote or otherwise, participate and ask questions in the meeting. As this meeting is being held virtually via live audio webcast, we would like to clarify a few procedural matters relating to the conduct of the meeting. One, questions in respect of a motion can be submitted by a registered shareholder or duly appointed proxy holder using the question platform service of TSX Trust. Please note that there will be a slight delay in the publication of the communications received.
two, when asking a question, please indicate your name, which entity you represent, if any, and confirm that you are a registered shareholder or a duly appointed proxy holder. Three, questions will only be addressed during the question period at the end of the meeting, provided that questions regarding procedural matters or directly related to the motions before the meeting may be addressed during the meeting at the discretion of the chair. Four, voting will be open at the beginning of the meeting and will be conducted by electronic ballots. Only registered shareholders and duly appointed proxy holders of Aritzia are permitted to vote and will be able to vote throughout the formal part of the meeting. The electronic ballots will be open for all resolutions at the same time. This will allow you to vote on each resolution immediately or throughout the meeting.
Five, if you have already voted by proxy, you do not need to vote again during the meeting as your vote has been recorded and will be counted by the scrutineer. Registered shareholders who have already submitted a valid proxy and want to vote again by electronic ballot at the meeting will be, will be revoking any previously submitted proxies, and only the electronic ballot submitted today at the meeting will be counted. Six, if we encounter any technical difficulties, please remain logged on, and we will resume as soon as possible. We will now proceed with the formal part of the meeting. I call to order the annual meeting of the company's shareholders. With the consent of the meeting, I appoint Ada San, VP, Legal and Corporate Secretary of the company, to act as Secretary of the meeting.
In addition, and with the consent of the meeting, I appoint TSX Trust Company through its representatives as scrutineer. The scrutineer will report on the number of subordinate voting shares and multiple voting shares represented in person and by proxy at this meeting, tabulate the votes and report the results. The purposes of today's meeting are set out in detail in the management information circular dated May nineteenth, 2022. Copies of the circular were made available to shareholders on or around June third, 2022, together with the notice of the meeting and the form of proxy. Accordingly, unless there's any objection, I will dispense with the reading of the notice of meeting.
I received a declaration prepared by our transfer agent, TSX Trust Company, indicating that neither a notice of this meeting and the accompanying proxy materials or the notice and access notice, as applicable, was duly mailed to shareholders of record as of June third, two thousand twenty-two. I direct that a copy of the notices and circular and the declaration of mailing be kept by the secretary with the records of the meeting. The scrutineer's report indicates that shareholders holding, in the aggregate, more than 15% of the voting rights attached to shares entitled to be voted at the meeting are present in person or represented by proxy. This meets the quorum requirements in the company's articles, so we may proceed with the meeting. Copy of the final report on attendance will be filed with the records of the meeting.
For the purposes of the meeting today, voting on all matters will be conducted by electronic ballot. Voting will be open at the beginning of the meeting and available throughout the formal part of this meeting for all registered shareholders and duly appointed proxy holders. You will receive a message on your screen when the online ballots are available. Voting will close approximately 30 seconds after the conclusion of the formal business of the meeting. Under the company's articles, the chair of the meeting can propose motions, and no motion proposed at a meeting of shareholders is required to be seconded. In order to expedite the meeting, I will propose certain motions and will not call for a seconder. I now declare that this meeting was properly called and duly constituted for the transaction of business. I now declare the polls open on all resolutions.
If you are a registered shareholder or duly appointed proxy holder, the electronic ballots will now be available on your screen. Please register your votes by pressing on the for, withhold, or against buttons, as applicable, next to the name of each proposed director and next to the resolution with respect to the appointment of PricewaterhouseCoopers LLP as the auditors of the company. You will now have time to vote throughout the formal part of the meeting. The first item of business is the presentation of the company's consolidated financial statements for the fiscal year ended February 27th, 2022, as well as the auditor's report thereon. These financial statements and the auditor's report were made available on the SEDAR website under the company's profile and on the company's website on May 5th, 2022.
The financial statements were also made available on the TSX Trust site on June third, 2022, as required for notice and access. Noting no objection, I will dispense with the reading of the auditor's report. We will entertain any questions with respect to the company's consolidated financial statements in the question period following the formal portion of this meeting. We now move to the next item on today's agenda. The next matter to be acted upon is the election of 10 individuals to the board of directors. The term of office of the directors is from today until the end of the next annual meeting of shareholders or until such time as their successors have been duly elected or appointed.
As described in the circular, the company has adopted a majority voting policy pursuant to which any director nominee who receives more votes withheld than for must submit his or her resignation promptly, and such resignation must be accepted by the board other than in exceptional circumstances. The circular contains information on each of the 10 nominees recommended for election as directors. As outlined in the circular, the following directors have each been nominated to hold office until the close of the next annual meeting of the shareholders or until his or her successors are duly elected or appointed. They are Brian Hill, Jennifer Wong, Aldo Bensadoun, John E. Currie, Daniel Habashi, David Labistour, John Montalbano, Marni Payne, Glen Senk, and Marcia Smith. Each of the persons nominated has confirmed that he or she is prepared to serve as a director.
Each of them qualifies as a director under the provisions of the British Columbia Business Corporations Act. Given that no nominations were received in accordance with the advance notice provisions contained in the company's articles, I declare the nominations to be closed. I move to nominate the directors as set forth in the circular. If there's no further discussion, as mentioned at the beginning of this meeting, voting today will be conducted by electronic ballot, and the polls are currently open, so you can vote on the election of each director as you see fit. We will now move on to the next item of business. The next item of business is the appointment of the auditors of the company for the ensuing year and to authorize the directors of the company to fix the remuneration of the auditors.
The audit committee and the board have approved, subject to shareholder confirmation, the appointment of PricewaterhouseCoopers LLP as the auditors of the company. I move that PricewaterhouseCoopers LLP be appointed auditors of the company until the end of the next annual meeting of shareholders, and that the directors be authorized to fix their remuneration. As there is no further discussion, as the polls are currently open, you may vote on the appointment of the auditors as you see fit. If you have not voted already, please do so now. After 30 seconds, the voting page will disappear and your electronic ballot will automatically be submitted. Time is now 3:15 P.M., and the ballots will close on all resolutions in 30 seconds. Voting is now closed. I would now like to ask that the scrutineers compile the report regarding the results of voting on all business matters.
While the scrutineers are completing their report, I will ask whether there is any other formal business to be brought before this meeting. As there is no other business to be brought before this meeting, and I have received the scrutineers' report, I declare the following. Each of the 10 nominees have been elected as directors of the company to serve until the end of the next annual meeting of shareholders or until their successors are elected or appointed. PricewaterhouseCoopers LLP is hereby appointed as auditor of the company for the ensuing year, and the board of directors is authorized to fix their remuneration. Final voting numbers will be posted on SEDAR. If there is no further business to be brought before this meeting, I move that the formal portion of today's meeting be concluded. I declare the formal portion of this meeting closed.
I'd like to turn the floor over to Jennifer Wong, Chief Executive Officer, to provide a few remarks before we move on to the question and answer period.
Thanks, John, and thank you all for joining us today. Before we start, I would like to say I am truly honored to be leading Aritzia and our people into the future. Reflecting on our outstanding results and accomplishments from this past year makes me even more excited for what's next. In fiscal 2022, our business continued to accelerate beyond our expectations across all geographies and all channels. Net revenue grew to almost CAD 1.5 billion, increasing 74% from fiscal 2021 and 52% from fiscal 2020. Our team did a phenomenal job as they embraced the challenge of keeping up with our extraordinary demands while navigating the evolving macro backdrop. As always, we brought our new and loyal clients our much-loved everyday luxury experience of engaging service, beautiful product, aspirational environments, and captivating communication.
In e-commerce, we further enhanced our digital and omni-channel capabilities to maintain our strong momentum. E-commerce net revenue grew 33% from last year and 150% from two years ago. In retail, we reopened and expanded our boutique portfolio. Despite dealing with store closures, capacity restrictions, and labor challenges, our retail business flourished. Retail net revenue grew 116% from last year and 23% from two years ago. Of particular note, our comparable boutiques surpassed pre-pandemic productivity levels by double digits in Canada and the United States. Our investments in the U.S. continue to pay off. We opened 6 new boutiques to a tremendous client response.
U.S. net revenue grew 132% from last year and 100% from two years ago, accounting for 45% of total net revenue in fiscal 2022. This past year, we meaningfully extended our beautiful product assortment across breadth and depth. We also laid the foundation for exciting new categories. We entered menswear with our acquisition of Reigning Champ, and we launched our first ever swim collection to start fiscal 2023. This past year, we accelerated our brand awareness and brought everyday luxury to significantly more clients than ever before. We made meaningful progress on our path to getting famous in the United States as we more than doubled our active client space. It is more important than ever, and first and foremost our responsibility, that we continue to prioritize our commitment to our people and planet.
In fiscal 2022, we focused on further strengthening our environmental and social contributions across our operations and wider value chain. We ensured the health and safety of our people, clients, and communities as the pandemic evolved over the year. We operated with best-in-class testing frequency and diligent contact tracing, acting always in close partnership with government health authorities. We also provided financial continuity for our people through the pandemic, and we paid CAD 7 million in fiscal 2022 on top of the CAD 25 million we paid in fiscal 2021. This past year, we further embedded DE&I into our organization. We launched a series of events during key affinity months, introduced training sessions, welcomed guest speakers, and hired our fractional chief diversity officer. We built allyship from within. We also grew in the Aritzia Community and expanded our partnerships with incredible organizations.
This past year, we donated 100% of the proceeds from two limited edition product capsule collections, 4,000 warm winter coats valued at over CAD 1 million, and CAD 250,000 to celebrate GivingTuesday, a global day of giving, all while continuing to deliver on our seasonal product donation program. To date, Aritzia Community has contributed more than CAD 40 million in product donations, financial support, and volunteer hours, and positively impacted the lives of more than 445,000 people. In fiscal 2022, we made significant progress on our sustainability goals. We focused on what we make and how we make it. We grew our use of sustainable fabrics to 60% of our collection, up from 40% last year. We also shifted all of our paper-based packaging to recycled or sustainably certified materials.
Across our value chain, we accomplished a number of things, such as we evaluated 98% of our finished goods suppliers against Aritzia's environmental criteria. We conducted third-party assessments at 100% of finished goods suppliers against Aritzia's supplier code of conduct. We achieved carbon neutrality across all our owned operations for a second year. We disclosed through CDP climate change. We were recognized on the CDP Supplier Engagement Leaderboard, and we joined the United Nations Global Compact. As we set our sights on the future, our business has never been stronger or better positioned to capitalize on the extraordinary growth opportunities we see ahead. Our strong foundation continues to empower our ability to deliver our much-loved, everyday luxury experience for new and loyal clients.
We continue to drive innovation in our e-commerce channel and omni capability, grow our boutique portfolio, expand our product assortment, and acquire new clients, while also strategically investing in our infrastructure and growing our team of world-class talent. I would like to thank our investors and almost 7,000 extraordinary team members and our clients for their enduring loyalty to Aritzia. I could not be more excited to lead our people and our business into the future where our outlook has never been brighter.
Thanks, Jen. We'll now move to the Q&A portion of the meeting. As mentioned at the beginning of the meeting, when asking your question on the question feature of the virtual meeting platform, please indicate your name, the entity you represent, if any, and confirm that you are a registered shareholder or a duly appointed proxyholder. Please limit your questions to topics relating to today's subject matter and keep your questions short and succinct. We may consolidate questions that are repetitive or overlap in the interests of all those logged on today. We will now give attendees a brief moment to type in their questions if you have not already done so. Okay, there being no questions, we are now concluding the question and answer portion of this meeting. This concludes the Q&A portion of the meeting.
Thank you all again for joining us this afternoon, and enjoy the rest of your day. TSX operator, you can now terminate the call. Thank you.
Ladies and gentlemen, thank you for attending today's meeting. You may now disconnect.