Good morning. This is Dani Reiss, Chairman and Chief Executive Officer of Canada Goose. On behalf of our management team, board of directors and employees around the world, welcome to our annual meeting of shareholders. Fiscal 2026 was an important year for Canada Goose. We delivered strong results. What matters most to me is that we made progress in the areas that will continue defining our success for years to come. First, our brand continued to gain momentum. Through great storytelling, product innovation, and impactful campaigns, we created new ways for customers to engage with Canada Goose and saw that reflected in stronger demand across our markets. Second, we continued expanding our product offering. With outdoor wear remaining at the heart of who we are, customers are increasingly embracing us across more categories, more occasions, and more of the year. Third, we improved the quality of our execution.
Our retail business delivered stronger results. Our wholesale business returned to growth, and we continued operating with greater discipline across the organization. I am incredibly proud of what our team's accomplished this year and grateful for the passion and commitment they bring to Canada Goose every day. I'd also like to thank our shareholders for your continued support and belief in Canada Goose. We enter fiscal 2027 with momentum, a stronger foundation, and a clear focus on creating long-term value. I will now turn it over to David Forrest, General Counsel, who will chair the remainder of the meeting.
Good morning, everyone. My name is David Forrest, General Counsel of Canada Goose. With consent of the meeting, I will also chair today's meeting. On behalf of our management, directors, and employees worldwide, it's my pleasure to welcome you to our annual and special meeting of shareholders. I'd also like to take this opportunity to thank you on behalf of the whole company for your continued support and belief in our vision. I'd like to introduce you to the people with me today. You've already heard from Dani Reiss, our Chairman and Chief Executive Officer. Also with me is Neil Bowden, our Chief Financial Officer, Ilana Chriqui , our in-house legal counsel, and a representative from Computershare, the company's transfer agent and this meeting's scrutineer.
Please note that only registered holders of subordinate voting shares and multiple voting shares of record as of June 22nd, 2026, or their duly appointed proxy holders, are permitted to participate and vote at this meeting. Following the formal portion of the meeting, time permitting, the members of management with me here today will be available to take a few questions. Shareholders who wish to communicate with members of management team with me here today, or who wish to present or ask a question in respect of a motion, may do so using the messaging function on the Lumi virtual interface.
Please note that questions or comments submitted using the messaging function of the Lumi virtual interface will be read out loud and addressed during the question period at the end of the meeting in accordance with the rules of the orderly conduct of the meeting that I will describe now. As this meeting is held virtually via live webcast, we think it is necessary to set out a few rules for the orderly conduct of the meeting. Questions can be submitted by any registered shareholder or duly appointed proxy holder using the messaging function of the Lumi virtual interface. When asking a question, please indicate your name, which entity you represent, if any, and confirm whether you're a registered shareholder or duly appointed proxy holder.
Questions will generally be read out loud and 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 if relevant. Questions or comments containing inappropriate language, profanities, hostilities, or that are otherwise disruptive to the orderly conduct of the meeting for all shareholders will not be read out loud nor answered. Questions which are already answered or that are redundant or repetitive will not be read out loud nor answered. Questions that are excessively long or partially redundant or repetitive may be summarized. For the purposes of the meeting today, voting on all matters will be conducted by a single electronic ballot. Registered shareholders or duly appointed proxy holders will be asked to vote on each business item at the same time.
This will allow you to choose to vote on each resolution as soon as voting opens, or wait until the conclusion of the discussion on each resolution prior to casting your votes. After you've registered your votes for all business items of today's meeting, the scrutineer will compile the votes in respect of each business item. All dollar amounts referenced in today's meeting are in Canadian dollars. Any forward-looking statements made today, including any forward-looking statements made in the Q&A portion of the meeting, are subject to the risks and uncertainties that could cause actual results to differ materially from those projected in such statements. Certain material factors and assumptions were considered and applied in making these forward-looking statements.
Please refer to our fiscal 2026 annual earnings release and our Q1 fiscal 2027 earnings release filed on SEDAR+ and EDGAR on May 19th, 2026, and July 30th, 2026, respectively, as well as the risk factors section of our most recent annual report filed on SEDAR+ and EDGAR. The forward-looking statements made today speak only as of today, and we undertake no obligation to update or revise any of these statements. I call to order the annual and special meeting of the company shareholders. With consent of the meeting, I appoint Ilana Chriqui , Senior Legal Counsel of Canada Goose, to act as the secretary of the meeting.
In addition, I appoint our transfer agent, Computershare Investor Services Inc., 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 and report the voting results. The purposes of today's meeting are set out in the management information circular of the company dated June 26, 2026. Consistent with previous years, the company is using the notice and access regime enabled by Canadian securities laws to make its meeting materials available. In that regard, sent a notice with all relevant information to all shareholders on or about July 2nd, 2026. As mentioned in such notice, the shareholders have had access to the circular and notice of meeting on the company's investor relations website and on the SEDAR+ website since July 2nd, 2026.
Accordingly, I will dispense with the reading of the notice of meeting. Copies of the circular and other meeting materials may be downloaded at any time from the company's investor relations website or on the SEDAR+ website under the company's profile. Our transfer agent, Computershare, has attested to the proper mailing of the notice calling this meeting. I direct that copies of the notice of meeting, the notice relating to the availability of the meeting materials, and the form of proxy with proof of mailing be kept by the secretary with the records of the meeting. The scrutineer's report indicates that shareholders holding in aggregate more than 25% of the issued shares plus a majority of multiple voting 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, and as such, we are permitted to proceed with the meeting. A copy of the final report on attendance will be filed with the records of the meeting. As previously mentioned, for the purpose of the meeting today, voting on all matters will be conducted by a single electronic ballot. At the beginning of the formal part of the meeting, registered shareholders and duly appointed proxy holders will receive a message on the Lumi virtual interface inviting you to register your votes as soon as the polls are open. You may cast your votes as soon as the polls are open, or wait until the conclusion of the discussion on each resolution prior to casting your vote. You should know that proxies lodged before this meeting allow management of the company to cast a significant number of votes.
Based on the number of shares represented at this meeting, the members of management with me here today will be able to determine the outcome of all motions that go to a vote today. I may, therefore, declare the motions which go to a vote today as carried, even though all the votes may not have yet to have been counted, or a final report may not yet be available. I shall do this to keep up the pace of the meeting. To further expedite the formal part of the meeting, I will move on all motions. In accordance to the articles of the company, no such motion will need to be seconded. I now declare this meeting is properly called and duly constituted for the transaction of business.
Please note that the minutes of the last annual meeting of the shareholders held on August 8th, 2025, are available for review on demand. I will dispense with the reading of the minutes of the last annual meeting, and I direct that a copy of such minutes be inserted and kept in the minute books of the company. I will now continue with the first item of business of today's meeting. The first item of business is the presentation of the company's consolidated financial statements for the year ended March 29th, 2026, as well as the auditor's report thereon. These financial statements and the auditor's report were included in the company's annual report on Form 20-F and were made available under the company's profile on the SEDAR+ and EDGAR websites on May 19th, 2026. With the consent of the meeting, I will dispense with the reading of the auditor's report.
Please note that we will answer any questions with respect to the financial statements in the general question period only. We now move to the next item on today's agenda. The first matter to be acted upon is the election of the 10 individuals to the Board of Directors. The term of office of the directors is from today until the next annual meeting of shareholders or until such time as their successors have been duly elected or appointed, whichever is sooner. The management information circular of the company dated June 26th, 2026, contains information on each of the 10 nominees recommended for election as directors. Registered shareholders and duly appointed proxy holders may vote on each proposed director nominee individually.
I nominate each of the following persons for election as a director of the company 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 Michael D. Armstrong, Jodi Butts, Maureen Chiquet, Ryan Cotton, Jennifer Davis, John Davison, Massimo Piombini, Dani Reiss, Gary Saage, and Belinda Wong. Each of the persons nominated has confirmed that he or she is prepared to serve as a director, and each of them qualifies as a director under the provisions of the British Columbia Business Corporations Act. The motion is now on the floor. You may therefore cast your votes now, if not already done. We remind you that if you previously voted by proxy, you do not need to vote again on the platform.
We will now continue with the next item of business, which is the appointment of the company's auditors. The second matter to be acted upon at today's meeting is the appointment of the auditors of the company for the ensuing year and the authorizing of the directors of the company to fix the remuneration of the auditors. The Audit Committee of the company and the Board of Directors recommend the appointment of our existing auditors, Deloitte LLP, as the auditors of the company for the ensuing year. I move that Deloitte LLP be appointed auditors of the company until the next annual meeting of shareholders, and that the Board of Directors be authorized to fix their remuneration. The motion is now on the floor.
The third matter to be acted upon, and the last item of business of today's meeting, pertains to the amendment of the Omnibus Incentive Plan of Canada Goose. As more fully described in the management information circular dated June 26, 2026, the company is proposing to amend the Omnibus Incentive Plan by replenishing and increasing the number of shares reserved for issuance under the plan, such that the fixed maximum number of subordinate voting shares reserved for issuance as at the effective date of the amendment to the Omnibus Incentive Plan would be equal to 15,141,031 subordinate voting shares, representing approximately 15.50% of the subordinate voting shares and multiple voting shares issued and outstanding as of June 26, 2026.
The company intends to amend and restate the Omnibus Incentive Plan in order to clarify that the settlement awards under the Omnibus Incentive Plan, by way of previously issued shares acquired on the open market, will not affect the share reserve under the Omnibus Incentive Plan. The full text of the resolution approving the amendment of the company's Omnibus Incentive Plan is set out on pages 25 and 26 of the management information circular of the company dated June 26, 2026. In order for this resolution to be passed, it must be approved by the affirmative vote of not less than a majority of the votes cast in respect thereof by the shareholders of the company present at the meeting in person or represented by proxy.
I now move that the resolution of the shareholders of the company, the full text of which is reproduced in the management information circular of the company dated June 26, 2026, authorizing and approving the amendment to the company's Omnibus Incentive Plan, be approved. The motion is now on the floor. Unless there are any questions or comments on the motion, I will move on to the voting. As previously mentioned, voting today is being conducted by a single electronic ballot. Voting opened at the beginning of the formal part of today's meeting. If you have not yet cast your vote for the motions, please do so now.
Please register your votes by accessing the Voting tab and pressing on the For or Withhold buttons next to the name of each proposed director, and next to the resolution with respect to the appointment of Deloitte LLP as the company's auditors, and pressing the For or Against buttons next to the resolution with respect to the amendment of the company's Omnibus Incentive Plan. Once the electronic balloting closes, the voting page will disappear, and your votes will be automatically submitted. We'll wait a few minutes for the completion of the electronic ballots and then move on with the remainder of the meeting. We will provide registered shareholders and duly appointed proxy holders approximately 30 seconds to complete the electronic ballots. Voting is now closed. Thank you all for submitting your votes.
Now that the voting is completed, I would ask that the scrutineer compile the report regarding the final voting results on all business matters. I direct that the results of the poll for the election of the directors be included in the minutes of the meeting. Detailed voting results for each motion put forth in front of the meeting will be available on SEDAR+ and EDGAR within the next 24 hours. Based on the proxies received to date, as evidenced by the preliminary scrutineer's report provided at the beginning of today's meeting, I confirm the following. Each of the 10 nominees have been elected as directors of the company to serve until the next annual meeting of shareholders or until their successors are elected or appointed.
The appointment of Deloitte LLP as the auditors of the company has been approved, the Board of Directors has been authorized to fix their remuneration. The amendment of the company's Omnibus Incentive Plan in order to replenish and increase the fixed number of subordinate voting shares reserved for issuance under the Omnibus Incentive Plan has been approved. The formal items of business set out in the notice of meeting have now been dealt with. As there is no further business to come before the meeting, I declare the formal part of the meeting concluded. Since there are no registered shareholders or duly appointed proxy holders other than Dani Reiss attending this meeting on the Lumi virtual interface, at this time, I will forgo the Q&A portion of the meeting.
On behalf of management, our board of directors, and our employees, I would like to take this opportunity to thank everyone for attending our meeting today. I would also like to thank all of our shareholders for their commitment and continued support. We look forward to your attendance again next year.