POWER CORPORATION OF CANADA - Key Persons

Job Titles:

• Vice - Chairman

Mr. de Seze has been Vice-Chairman of Power Corporation since 2020. Previously, he was Vice-Chairman of Power Financial from 2010 to 2020. He is Honorary Chairman PAI partners, a private equity fund management company, of which he was President and Chief Executive Officer from 1997 to 2006 and a director from 2009 to 2019. He was a member of the Executive Committee of BNP Paribas, one of Europe's largest banks, until 2004. He serves on the boards of directors of Sienna Capital et Compagnie Nationale à Portefeuille. He is a member of the International Advisory Board of Hakluyt & Company. He joined the Paribas group in 1993 as a member of the Management Board of Banque Paribas and Compagnie Financière de Paribas. Before that, he held senior positions with Volvo Group, including as a member of the Management Board of AB Volvo in Sweden. He served as a director of Power Corporation from 2001 to 2010 and of Power Financial from 2010 to 2012. He was also a director of Thales (from 2009 to 2013), Publicis (from 1998 to 2016), Imerys (from 2009 to 2016), Carrefour (from 2005 to 2017), Pargesa (from 2001 to 2020, when Pargesa's reorganization was completed) BW Group (until 2021) and Groupe Bruxelles Lambert (from 1994 to 2021). Mr. de Seze serves on the board of the Fondation Un Avenir Ensemble in France, whose mission is to assist students from economically disadvantaged environments and to facilitate first-time employment. In 1991, he was named a Chevalier de l'Ordre national du Mérite (France) and, in 1996, an Officier de l'Ordre national de la Légion d'honneur (France). Mr. de Seze holds a degree from the Centre de Perfectionnement dans l'Administration des Affaires (CPA) in France, and he studied at the Stanford Graduate School of Business.

Job Titles:

• Chairman of Governance and Nominating Committee
• Co - Chief Executive Officer
• Deputy Chairman
• Director
• President

Mr. Desmarais is Deputy Chairman of Power Corporation, a position he has held since 1996. He previously served as President and Co-Chief Executive Officer of Power Corporation from 1996 until his retirement in February 2020. At Power Financial, he was also Executive Co-Chairman from 2015 until 2020, Co-Chairman from 2008 to 2015 and Deputy Chairman from 1996 to 2008. Prior to joining Power Corporation in 1983, he was Special Assistant to the Minister of Justice of Canada and an institutional investment counsellor at Richardson Greenshields Securities Ltd. He is a director of many Power Corporation group companies, including Power Financial, Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management, Mackenzie and Power Sustainable Capital. He was a director and Vice-Chairman of Pargesa in Europe until November 2020, when Pargesa's reorganization was completed. He was also a director of Bellus Health Inc. until 2009 and of CITIC Pacific Limited in Asia until 2014. Over the years, cultural, health, and other not-for-profit organizations have benefitted from his commitment, involvement, and dedication. He has played key roles in a number of fundraising campaigns, including those of the Montreal Museum of Fine Arts, the Montreal Heart Institute, the Montreal General Hospital, Leucan, the Canadian Red Cross, the Canadian Cancer Society, Centraide of Greater Montreal and the Jean Paul Riopelle Foundation. He is Chairman of the Fondation Baxter & Alma Ricard, a member of the Chairman's International Advisory Council of the Americas Society, Honorary Chairman of the Canada China Business Council, and a member of the Trilateral Commission and several China-based organizations. He holds a Bachelor of Commerce from Concordia University and received honorary doctorates from Concordia University, Université de Montréal and McGill University. In 2003, he was made an Officer of the Order of Canada and, in 2009, an Officer of the National Order of Québec.

Job Titles:

• Vice - President

Mr. Dumont has served as Vice-President of Power Corporation since 2021. In his role, he advises and supports the Corporation and its group companies on matters related to strategy and transformation. Before joining Power Corporation, Mr. Dumont was Head of Digital Sales and Marketing for Cirque du Soleil, where he led Cirque's digital transformation with its private equity owners. Prior to this, Mr. Dumont founded SensorFocus, a startup in the cloud data and analytics space. SensorFocus was sold to Cirque du Soleil in 2018. Before that, he spent 8 years at McKinsey and Company serving leading global companies in the Financial Services, Manufacturing and Energy sectors. From 2008 to 2010, Mr. Dumont worked at Plainfield Asset Management, a New York-based special situations hedge fund, as a Senior Vice-President covering the energy sector. Mr. Dumont holds a Bachelor of Science in Mechanical Engineering from the Université Laval, as well as a Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology (MIT).

Job Titles:

• Company Director
• Member of Governance and Nominating Committee
• Director since 2016

Mr. Noyer is a company director. Previously, from 2003 to 2015, he served as the Governor of the Banque de France, the central bank of France, which is linked to the European Central Bank. From 1998 to 2002, he was Vice-President of the European Central Bank in Frankfurt. After being appointed to the Treasury in the Ministry of the Economy and Finance of France in 1976, Mr. Noyer held a number of positions before serving as Director of the Treasury from 1993 to 1995, Chief of Staff of the Minister of Economic Affairs and Finance from 1995 to 1997, and Director at the Ministry for Economic Affairs, Finance and Industry from 1997 to 1998. Mr. Noyer served as a member of the Governing Council and the General Council of the European Central Bank from 1998 to 2015, and as a member of the board of the Bank for International Settlements from 2003 to 2015 and as its Chairman from 2010 to 2015. He was also Alternate Governor at the International Monetary Fund from 1993 to 1995 and from 2003 to 2015, and as a member of the Financial Stability Board from 2008 to 2015. At various times from 1982 to 1995, Mr. Noyer served as a member of the boards of many partially state-owned companies as a representative of the French Government, including Suez, Société Générale, Le Crédit Lyonnais, Le Groupe des Assurances Nationales, Dassault Aviation, Pechiney, Air France and Électricité de France. Since January 2018, Mr. Noyer acts as a Director of the NSIA Group in Africa and serves on the Board of Directors of Setl, a company dedicated to creating blockchain-based solutions for financial markets, asset management and payments. From 2018 to 2020, he was a Non-Executive Director of Lloyd's Council and served as an independent Non-Executive Director of Lloyd's Brussels Board. In April 2019, the Board of Directors of BNP Paribas has appointed Mr. Noyer as censor. Mr. Noyer is the Honorary Governor of the Banque de France and has been awarded the honours of Commandeur de la Légion d'Honneur and Commandeur des Arts et des Lettres in France, Commander of the National Order of the Lion in Senegal, Great Cross of the Ordén del Merito Civil in Spain, Officier de l'Ordre National de la Valeur in Cameroon and Gold and Silver Star of the Order of the Rising Sun in Japan.

Job Titles:

• Executive Vice - President
• Senior Partner Emeritus of McKinsey & Company

Mr. Généreux has been Executive Vice-President of Power Corporation since 2015. He was Executive Vice-President of Power Financial from 2015 to 2020. He is a Director of Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management, Mackenzie and Groupe Bruxelles Lambert. Mr. Généreux is Senior Partner Emeritus of McKinsey & Company, a global management consulting firm. During his 28 years with the firm, he focused on serving leading global companies in the Financial Services, Energy and Resources sectors. He has held various leadership positions including Global Sector Leadership in energy, Office Leadership in Montréal, Global Personnel Committees for partner election and evaluation, and Global Recruiting for Advanced University Degrees candidates. Mr. Généreux helped launch McKinsey's office in Montréal in 1991 and was also posted in its Paris, Toronto and Stockholm offices. He serves as the Vice-Chair of the Board of Governors at McGill University and is a Board member of the Jeanne Sauvé Foundation, the Loran Scholars Foundation and the Rhodes Scholarships in Canada. He has received the Queen Elizabeth II Golden Jubilee Medal for outstanding and exemplary contributions to his community.

Job Titles:

• Controller
• Vice - President

Mr. Le Vasseur joined the Power group of companies in 1992 and currently serves as Vice-President and Controller of Power Corporation and of Power Financial. His responsibilities include financial reporting, budgeting, taxation and information technology. Mr. Le Vasseur began his career in 1982 with Touche Ross, a predecessor firm of Deloitte & Touche, specializing in the audit of large holding companies. He also worked on various consulting assignments in the field of mergers and acquisitions. Mr. Le Vasseur earned a Bachelor of Science in Mathematics and an MBA from McGill University, and obtained his Chartered Accountant designation in 1985. In 2020, Mr. Le Vasseur received the prestigious title of Fellow from the Order of Chartered Professional Accountants of Quebec (FCPA). This title formally recognizes those members whose achievements in their careers or in the community have earned them distinction and brought honor to the profession. He serves on the board of directors of the On the Tip of the Toes Foundation, an organization that helps teenagers living with cancer regain their self-esteem and sense of pride through wilderness adventure therapy.

Job Titles:

• Director
• Member of the Audit Committee
• Director of Several Power Group
• Senior Business Advisor to the Law Firm Dentons Canada LLP

Mr. Doer is a Senior Business Advisor to the law firm Dentons Canada LLP since August 2016. From 2009 to 2016, he served as Canada's Ambassador to the United States. He was the Premier of Manitoba from 1999 to 2009 and served in a number of roles in the Legislative Assembly of Manitoba from 1986 to 2009. In 2005, as Premier, Mr. Doer was named by Business Week magazine as one of the top 20 international leaders on climate change. In 2017, Mr. Doer joined the Trilateral Commission as a member of the North American Group. Mr. Doer is a director of several Power Group companies in North America, including Power Financial, Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management and Mackenzie. He is a director of Air Canada since 2018 and was a director of Barrick Gold Corporation from 2016 until 2018. He serves as volunteer Co-Chair of the Wilson Centre's Canada Institute, a non-partisan public policy forum focused on Canada-U.S. relations. In 2010, he became a Member of the Order of Manitoba and, in 2011, he received a distinguished diplomatic service award from the World Affairs Council.

Job Titles:

• Chief Financial Officer
• Executive Vice - President

Mr. Tretiak has been Executive Vice-President and Chief Financial Officer of Power Corporation and Power Financial since 2012. He is a director of a number of Power Corporation subsidiaries, including Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, PanAgora Asset Management, IGM Financial, IG Wealth Management and Mackenzie. Mr. Tretiak joined Investors Group in 1988 and was Executive Vice-President and Chief Financial Officer of IGM Financial until 2012. In this role, he was responsible for all financial functions at IGM Financial and its subsidiaries. He holds a Bachelor of Arts in Economics and Political Science from the University of Winnipeg and is a Chartered Professional Accountant, a Fellow of the Institute of Chartered Accountants of Manitoba and a Certified Financial Planner. Throughout his career, Mr. Tretiak has been an active member in professional industry groups including the Institute of Chartered Accountants, Financial Executives International, the Certified Financial Planners, and the Institute of Internal Auditors. He has served with national organizations such as the Investment Funds Institute of Canada, the Canadian Chamber of Commerce Economic and Taxation Committee and the Canadian Institute of Chartered Accountants.

Job Titles:

• Member of Governance and Nominating Committee
• Member of the Human Resources Committee
• Chairman of the Board of Transcontinental Inc
• Director since 2010

Ms. Marcoux is Chair of the Board of Transcontinental Inc. since 2012, a leader in flexible packaging in North America and Canada's largest printer and a leader in school textbook publishing. Previously, she was Vice Chair of the Board from 2007 to 2012 and Vice President, Corporate Development from 2004 to 2012. Between 1998 and 2004, she held the successive roles of Director, Legal Affairs and Assistant Corporate Secretary, and Director, Mergers and Acquisitions. Before joining Transcontinental Inc., she was a lawyer at McCarthy Tétrault LLP. Ms. Marcoux was a member of the board of Rogers Communications Inc. until 2021 and of George Weston Limited until 2019. Moreover, Ms. Marcoux sits on the board of the Institute for Governance of Private and Public Organizations (IGOPP) and is a member of its Governance and Ethics Committee, in addition to being a member of the board of Scale AI. Since January 2021, she is the Honorary President of the Major Donors Circle of Centraide of Greater Montreal, which she chaired from 2018 to 2020, was co-chair of the 2016 Centraide of Greater Montreal campaign and co-chaired the 2015 Leaders' Circle campaign. In addition, she is a member of the board of The Montreal Children's Hospital Foundation since 2015 and the Advisory Board of McGill University's Law Faculty since 2018. She has also been involved in several fundraising campaigns, notably for the Montreal Museum of Fine Arts, the Montreal Heart Institute, the Tel-Jeunes Foundation, the Young Musicians of the World Foundation and the Foundation Montréal inc. In 2016, Ms. Marcoux was awarded the Medal of the National Assembly of Québec and, in 2017, she became the first Canadian to win the Visionary Award for Strategic Leadership from the global organization Women Corporate Directors Foundation. Also in 2017, she was inducted into the Women's Executive Network (WXN) Hall of Fame, after being named one of Canada's 100 most powerful women by the organization in 2010, 2012 and 2016. In 2019, she was appointed Member of the Order of Canada. Ms. Marcoux holds a Bachelor's degree in Political Science and Economics, and a Bachelor's degree in Civil Law, both from McGill University. She has been a member of the Québec Bar since 1995.

Job Titles:

• Director since 2013

Mr. Jackson retired as a Partner of the law firm Blake, Cassels & Graydon LLP ("Blakes") in 2012, and currently serves as Senior Counsel to the firm, primarily in the areas of mergers and acquisitions and corporate governance. He was the Chairman of Blakes from 1995 to 2001. He was recognized throughout his career as a leading practitioner in the areas of mergers and acquisitions, corporate finance and corporate governance by numerous independent assessment organizations. Mr. Jackson served on the boards of several Power Group companies in North America, including Great-West Lifeco and Canada Life from May 2013 to May 2021, and Power Financial from 2013 to 2020. He also served as a director of a number of public and private corporations. He was a Director and the Vice-Chairman of the Board of Sunnybrook Health Sciences Centre until 2011. He holds a Bachelor of Commerce degree from the University of Windsor and a Bachelor of Laws (LL.B.) from Osgoode Hall Law School. He was called to the Bar of Ontario in 1974.

Job Titles:

• Vice - Chairman, Europe

Mr. Lefebvre is Vice-Chairman, Europe of Power Corporation. He is also a founding partner and the Chairman of the Investment Committee of the European firm Sagard Private Equity Europe, part of Power Corporation's alternatives investment platforms. He joined Power Corporation in 1992 when he became its representative in Europe, playing a significant role in the financial and industrial transformation of Pargesa, the European investment arm of Power. Over the years, he sat on the boards of directors of group companies such as Imerys, Parfinance, RTL Group, Suez-Tractebel, Kartesia, AFE, Orior Food. After serving as Vice-Chairman of Pargesa until November 2020, when Pargesa's reorganization was completed, he remains a member of the board of Pargesa and Groupe Bruxelles Lambert. Mr. Lefebvre has over 40 years of industrial and financial experience with numerous prominent organizations. He began his career in 1980 with Arthur Andersen in Montréal, before moving to Europe in 1982. He joined the Canadian manufacturing group M.I.L. Inc. in 1986, where he held a number of senior executive positions, whilst also assuming until 1991 the Chief Executive Officer role at Vickers Inc., one of the group's larger operating units. Mr. Lefebvre graduated from the École des Hautes Études Commerciales (HEC) in Montréal. He is a member of the Quebec Order of Chartered Professional Accountants.

Job Titles:

• Vice - President

Mr. Reny has been Vice-President of Power Corporation since 2005. Currently, he is responsible for human resources and compensation matters as well as real estate management and various aspects of Power's operations. He was Vice-President of Power Financial from 2009 until 2020. He joined Power Corporation in 1989 as a financial analyst and was subsequently named Executive Assistant to the President. In 1995, he was appointed Director of Administration. He began his career in 1983 at the Caisse de dépôt et placement du Québec, where he worked as a financial analyst in the Asset Management and Equity Markets departments until 1989. He is President of Square Victoria Real Estate Inc. and is also a member of the board of Liberty Springs. Over the years, he has participated in many fundraising activities for various charitable organizations. He currently serves as the Chairman of the board of the Fondation Armand-Frappier and is also a member of the boards of the Fondation Baxter & Alma Ricard and the Fondation OLO. Mr. Reny holds a Bachelor of Commerce from Université Laval and an Executive MBA from Université de Sherbrooke. He earned his Chartered Financial Analyst (CFA) designation from the CFA Institute in Virginia, United States. In February 2017, he also obtained the certification Chartered Director (C.Dir.) from The Directors College.

Job Titles:

• Company Director
• Member of the Audit Committee
• Member of the Human Resources Committee
• Director of Great - West Lifeco
• Director since 2011

Mr. Coutu is a company director. From 2001 to January 1, 2014, he was President and Chief Executive Officer of Canadian Oil Sands Limited and Chairman of Syncrude Canada Ltd. Mr. Coutu was previously Senior Vice-President and Chief Financial Officer of Gulf Canada Resources Limited. He has more than 30 years of experience in the energy sector, primarily focused in the areas of corporate finance, investment banking, mining, and oil and gas exploration and development. Mr. Coutu is a director of Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management and Mackenzie. He is also a director of Brookfield Asset Management Inc. and of the Calgary Exhibition and Stampede Board. He was a director of Enbridge Inc. until 2021. He holds a Bachelor of Science (Honours) in Geology from the University of Waterloo and an MBA from the University of Western Ontario. Mr. Coutu is a past member of the Association of Professional Engineers, Geologists and Geophysicists (APEGGA) and a member of the Canadian Council of Chief Executives.

Job Titles:

• Vice - Chairman

Mr. Plessis-Bélair has been Vice-Chairman of Power Corporation since 2008. He was Vice-Chairman of Power Financial from 2012 until 2020. Previously, he was Vice-Chairman and Chief Financial Officer of Power Corporation and Executive Vice-President and Chief Financial Officer of Power Financial. He is a director of Power Sustainable. He was a director of Lallemand Inc. until June 2017, of Pargesa until May 2017, of Groupe Bruxelles Lambert until April 2017, and of Great-West Lifeco, Canada Life and Empower Retirement until 2016. Mr. Plessis-Bélair was a Fellow of the Quebec Order of Chartered Professional Accountants until March 2019. He holds a degree in Business and Accounting and a Master of Business from HEC, an MBA from Columbia University, and a Bachelor of Arts from Université de Montréal.

Job Titles:

• Chairman of the Human Resources Committee
• Member of Governance and Nominating Committee
• Chairman and Chief Executive Officer of Sumarria Inc
• Chairman of the Ontario Arts Foundation
• Director since 2001 and Lead Director
• Lead Director of the Corporation

Mr. Anthony R. Graham serves as the Lead Director of the Corporation. In fulfilling his responsibilities, the Lead Director chairs the meetings of independent Directors, provides input to the Chairman and Deputy Chairman of the Board regarding the planning and organizing of the activities of the Board and provides input to the Chair of the Governance and Nominating Committee on the composition and structure of the Board and the formation and composition of Committees. The Lead Director is also responsible for reporting to the Chairman of the Board on the discussions of the independent Directors and facilitating the effective interaction between the independent Directors and management, in addition to any other functions as may be requested by the Chairman or Deputy Chairman of the Board. Mr. Graham is Chairman and Chief Executive Officer of Sumarria Inc., an investment management company, since 1984. He was Vice-Chairman from 2014 to 2019 and President from 2000 to 2014 of Wittington Investments, Limited, the principal holding company of the Weston-Loblaw Group Prior thereto, he held senior positions in Canada and the United Kingdom with National Bank Financial Inc. (formerly Lévesque Beaubien Geoffrion Inc.), a Montréal-based investment dealer. Mr. Graham also serves on the boards of Bombardier Inc., since 2019, Graymont Limited since 1987 and Grupo Calidra, S.A. de C.V. since 2003. He formerly served on the boards of Power Financial from 2001 to February 2020, George Weston Limited from 1996 to 2016, Loblaw Companies Limited from 1999 to 2015, of President's Choice Financial, for which he served as Chairman from 1999 to 2016, and Choice Properties Real Estate Investment Trust, for which he served as Chairman from 2017 to 2020. Mr. Graham is Chairman of the Ontario Arts Foundation, the Shaw Festival Theatre Endowment Foundation and Vice-Chairman of the Business for the Arts in Canada. He also serves on the boards of the Art Gallery of Ontario, the Canadian Institute for Advanced Research and Luminato. In June 2007 he was awarded an Honorary Doctorate of Laws from Brock University.

Job Titles:

• Senior Vice - President

Mr. Desmarais has been Senior Vice-President of Power Corporation since 2017. Mr. Desmarais is the driving force behind the Power Sustainable vision as a global, sustainability-led alternative asset manager. He chairs the Canada China Business Council (CCBC) and also sits on the boards of directors of Canada Life, IG Wealth Management, Mackenzie and Lumenpulse. He is actively engaged in the community as member of the Montreal General Hospital Foundation and the Canadian Institute for Advanced Research. Mr. Desmarais holds a Bachelor of Civil Law from the University of Ottawa, a Bachelor of Arts in Sociology and Political Science from McGill University, and has been a Québec Bar member since 2009.

Job Titles:

• Senior Vice - President

Mr. Genest has been Senior Vice-President of Power Corporation since 2016. He was Senior Vice-President of Power Financial from 2016 until 2020. His background includes government, academia and business. He served in a number of portfolios as a Deputy Minister in the Ontario Government, including Intergovernmental Affairs, Francophone Affairs and also Deputy Minister responsible for the Pan Am and Parapan Am Games held in Toronto in 2015. He served in the federal government as Director of Policy and Research for Prime Minister Jean Chretien. He also served as Chief Executive Officer of the Council of Ontario Universities and as Assistant Vice-President of Bell Canada. He was an Assistant Professor of Philosophy at Union College, Schenectady, N.Y., and been an Adjunct Professor at Glendon College, York University. Mr. Genest is an active volunteer with the Nature Conservancy of Canada, and is the incoming Chair of the Board, Ontario Region. He also sits on the Board of the National Gallery of Canada Foundation, and is a Board member of Business for the Arts and the Canadian Chamber of Commerce. He also volunteers with the Pine River Institute which provides residential treatment for youth with mental health and substance issues. A champion of diversity, he has been honored for his advocacy for the rights of the LGBTQ community. He is a recipient of the Queen Elizabeth II Diamond Jubilee Medal. Mr. Genest holds a B.A., Honors (cum laude) in English and Philosophy from the University of Guelph, an M.A. in Philosophy from the University of Ottawa, and a Ph.D. in Philosophy from The Johns Hopkins University. He is a graduate of the Advanced Management Program at Harvard Business School where he was the Valedictorian, and has also completed the Rotman School of Management, Institute of Corporate Directors - Directors Education Program.

Job Titles:

• Chairman
• Co - Chief Executive Officer
• Director
• Member of Governance and Nominating Committee
• Senior Vice - President
• C.C., O.Q
• Governance

Mr. Desmarais has been Senior Vice-President of Power Corporation since 2017. He acts as the Chairman and CEO of Sagard Holdings, the Executive Chairman and co-founder of Portag3 Ventures, and the Chairman and co-founder of Diagram. Within the investment portfolios of Portag3 Ventures and Sagard Holdings, he is the Chairman of Wealthsimple and Dialogue, and a director of Koho and Grayhawk Investment Strategies. He currently sits on the boards of Groupe Bruxelles Lambert and Imerys. He is an observer on the board of directors of Nesto. Previously, he served on the boards of Canada Life, IG Wealth Management and Mackenzie. From 2017 to 2020, he was Senior Vice-President at Power Financial. He was also a member of the board of Pargesa until November 2020, when Pargesa's reorganization was completed. Before joining Power as Vice-President in May 2014, he was Assistant Vice-President in the Risk Management Group of Great-West Lifeco beginning in 2012. Previously, he worked in supply chain management and corporate strategy at Imerys in France. He began his career in 2004, working for five years with Goldman Sachs in the United States, in the Investment Banking and Investment Strategy Groups, as well as in the Special Situations Group. Mr. Desmarais is the Founder and Honorary Chairman of Young Canadians in Finance, which provides young professionals working in the private and public financial sectors an exclusive network that enables them to assume leading roles in this field. He now sits on the board of Alpine Canada and the Glenbow Museum. He sits on the board of the BlackNorth Initiative, a program created by a coalition of Canadian business leaders to fight anti-Black systemic racism in Corporate Canada. He also co-founded the Black Wealth Club. He is a member of the Board of Directors of Endeavor Canada, the world's leading community of high-impact entrepreneurs. In addition, after sitting on the Board of Directors of Next Canada, an organization that fast tracks the development of Canada's most talented young innovators, turning them into the country's outstanding future business leaders and innovators, he now chairs the Next Canada Emeritus Board of Advisors. Previously, Mr. Desmarais served as Co-Chair of the True Patriot Love 2014 Arctic Expedition to the Magnetic North Pole and as Chair of the Kenojuak Cultural Centre and Print Shop campaign. He received the Business for the Arts Arnold Edinborough Award for this work. In 2000, he was awarded the Duke of Edinburgh's Award (Gold Level). Mr. Desmarais is the recipient of a Bachelor of Arts degree in Economics from Harvard College (graduating cum laude) and he holds a Master in Business Administration from INSEAD in France. In 2017, Mr. Desmarais was named one of Canada's Top 40 Under 40. Mr. Desmarais has been Chairman of Power Corporation since 1996. He also served as Co-Chief Executive Officer of Power Corporation from 1996 until his retirement in February 2020, previously having assumed various positions since he joined Power Corporation in 1981. He is Chairman of Power Financial and also served as Executive Co-Chairman from 2015 to March 2020, Co-Chairman from 2008 to 2015 and Executive Chairman from 1990 to 2005. After Power Financial and the Frère Group of Belgium took control of Pargesa in 1990, Mr. Desmarais moved to Europe from 1991 to 1994, to develop the partnership with the Frère Group and to restructure the Pargesa group. From 1982 to 1990, he was a member of the Management Committee of Pargesa, in 1991, Executive Vice-Chairman and then Executive Chairman of the Committee, and, from 2003 to 2019, he was Co-Chief Executive Officer. Mr. Desmarais was Chairman of the Board of Pargesa from 2013 until November 2020, when Pargesa's reorganization was completed. He also serves as Chairman of Power Financial and is a director of many Power Corporation group companies in North America, including Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management and Mackenzie. In Europe, he is Chairman of the Board of Groupe Bruxelles Lambert and a director of SGS. He was a director of LafargeHolcim until 2020, of Total until 2017, of GDF Suez from 2001 to 2014, and of Imerys S.A. from 1998 to 2008. Mr. Desmarais is Chairman of the Board of Governors of The International Economic Forum of the Americas (Canada), a Trustee of The Brookings Institution, Co-Chair of the Brookings International Advisory Council and a member of the Brookings Executive Committee (Washington), a member of the Global Board of Advisors of the Council on Foreign Relations (United States), a member of the Global Advisory Council of Harvard (United States), a member of The Business Council (United States) and of the Business Council of Canada. He is also active on a number of philanthropic advisory councils. In 1994, he received the Insigne d'Officier de l'Ordre de la Couronne of Belgium. In 2005, he was named an Officer of the Order of Canada and he received the Executive of the Year Award from the Academy of International Business. In 2009, he was named an Officer of the Ordre national du Québec and in 2012, Chevalier de la Légion d'honneur in France. He holds a number of honorary doctorates. He obtained a Bachelor of Commerce degree from McGill University and an MBA from the European Institute of Business Administration (INSEAD), France. Born in Sudbury, Ontario, on January 4, 1927, to Jean-Noël and Lébéa Desmarais, Paul studied commerce at the University of Ottawa and law at the Osgoode Hall until taking on the challenge of rescuing his family's failing bus company. A visionary entrepreneur, he merged it into Quebec Autobus, Provincial Transport and Trans-Canada Corporation Fund. In 1968, he acquired control of Power Corporation of Canada, a public company organized in 1925 to hold electric power facilities which had been nationalized by the 1960's. Over the following decades Paul oversaw its transformation into a financial, industrial and communications company with major interests in North America, Europe, and Asia.

Job Titles:

• Chairman
• Co - Chief Executive Officer

Job Titles:

• Chairman
• Company Director
• Director of Several Power Group
• Director since 2020

Ms. Madoff is a company director. She has served as Advisory Director to The Goldman Sachs Group, a global investment banking, securities and investment management firm, since August 2017. She has spent 28 years at Goldman Sachs, where she most recently was a Partner leading Interest Rate Products and Mortgages until her retirement from that role in 2017. Ms. Madoff also held several additional leadership positions at Goldman Sachs including Co-Chair of the Retirement Committee overseeing 401k and pension plan assets, Chief Executive Officer of Goldman Sachs Mitsui Marine Derivatives Products, L.P., and was a member of its Securities Division Operating Committee and Firmwide New Activity Committee. She has 30 years of experience in investing, risk management and capital markets activities. Ms. Madoff is a director of several Power Group companies in North America, including Great-West Lifeco, Canada Life, Empower Retirement and Putnam Investments. She also serves as a director of KKR Real Estate Finance Trust Inc., Tradeweb Markets Inc., Motive Capital Corp. and ICE Benchmark Administration, where she is also Chair of the ICE LIBOR Oversight Committee. Ms. Madoff is a 2018 David Rockefeller Fellow, a member of the Harvard Business School Alumni Board, the Harvard Kennedy School Women and Public Policy Women's Leadership Board, and is a director of Hudson River Park Friends. She received a Masters in Business Administration from Harvard Business School and a Bachelor of Arts degree in Economics from Lafayette College.

Job Titles:

• Chairman of Bombardier Inc
• Director of Bombardier Inc. and of BRP Inc
• Director since 2005

Mr. Beaudoin is Chairman of Bombardier Inc., a diversified transportation manufacturing company. Mr. Beaudoin is also a director of Bombardier Inc. and of BRP Inc. He joined the Bombardier group in 1985 and held the positions of President and Chief Operating Officer of Bombardier Aerospace from 2001 to 2008, Executive Vice-President of Bombardier Inc. from 2004 to 2008, President and Chief Executive Officer from 2008 to 2015 and Executive Chairman of the Board from 2015 to 2017. He was also President of Bombardier Business Aircraft and President and Chief Operating Officer of Bombardier Recreational Products. Mr. Beaudoin studied Business Administration at Collège Jean-de-Brébeuf and Industrial Relations at McGill University in Montréal.

Job Titles:

• Vice - President

Mr. Piché has been Vice-President at Power Corporation since 2017. He has been focusing on trends likely to impact the strategies of the Power group companies and their regulatory and public policy environment, notably in Canada, since 2010. He coordinates strategic research and dissemination activities. He was Vice-President of Power Financial until February 2020. Previously, Mr. Piché was Vice-President, Investment Strategies, in the Private Equity group of Caisse de dépôt et placement du Québec, where he was responsible for recommending strategies related to the active management of the group's investment portfolios. Before that, Mr. Piché was a Vice-President of SNC-Lavalin Capital, a wholly-owned subsidiary of SNC-Lavalin inc., a major Canadian engineering-construction company. He began his career in finance and investment in Germany, where he worked for Bayerische Vereinsbank AG, now UniCredit Bank AG. He is a member of the boards of CIRANO and of Finance Montréal since 2018, of FP Canada since 2019 and of Montréal International since 2020. Mr. Piché holds a Bachelor of Applied Sciences in Engineering Physics from Université Laval (Quebec City) and a Master of Arts in Philosophy, Politics and Economics from Oxford University, where he was a Rhodes Scholar. Mr. Piché is actively involved in the community, notably as President of the Board of the Foundation of the Oratoire Saint-Joseph du Mont-Royal.

Job Titles:

• Chief Executive Officer
• President
• Director since 2005

Mr. Orr was appointed President and Chief Executive Officer of Power Corporation in February 2020. He has extensive experience in the financial services industry, including the past two decades in executive positions in Power group companies. He has been President and Chief Executive Officer of Power Financial, a position he has held since 2005. From 2001 to 2005, he was President and Chief Executive Officer of IGM Financial. Prior to joining IGM Financial, he was Chairman and Chief Executive Officer of BMO Nesbitt Burns and Vice-Chairman, Investment Banking Group, of the Bank of Montreal. Mr. Orr had been with BMO Nesbitt Burns Inc. and predecessor companies since 1981. He is a director of Power Financial and is also a director and Chairman of certain Power Group companies, including Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management and Mackenzie. He is also a director of PanAgora Asset Management Inc. Mr. Orr is active in a number of community and business organizations. He holds a Bachelor of Arts - Honours Business Administration (HBA) degree from the Richard Ivey School of Business in London, Ontario.

Job Titles:

• Vice - President

Mr. Pan has been Vice-President and Head of Corporate Finance of Power Corporation since 2008 and is a leader in the finance and corporate strategy teams. He was Vice-President of Power Financial from 2008 until 2020. Before joining Power, Mr. Pan was an Executive Director in Investment Banking with Goldman Sachs International based in London, England. In this capacity, he specialized in Energy and Private Equity and was a member of the Global Natural Resources group. He was previously a member of the U.K. Advisory group, specializing in mergers & acquisitions. Mr. Pan is a Rhodes Scholar and holds a Master of Philosophy in International Relations from Balliol College at Oxford University and a Bachelor of Arts (Honours) in Economics from the University of Western Ontario. His secondary school education was at the University of Toronto Schools. Mr. Pan is active in the community, with particular interests in education and the arts. He is the Canadian National Secretary to the Rhodes Trust, Chair of Rhodes Scholarships in Canada (RSC), and a Director of the Canadian Rhodes Scholars Foundation. He also serves on the Board of Directors of Desautels Capital Management, the Opéra de Montréal and the Centaur Theatre.

Job Titles:

• Company Director
• Member of the Human Resources Committee
• Director of Several Power Group
• Director since 2021

Ms. MacLeod is a Company Director. She is a marketing and business leader with over 20 years of experience growing brands and businesses within Unilever, where she held the positions of Global Brand Vice-President, North American Vice-President of Personal Care and Vice‑President of Unilever Canada from 1998 to 2019. Ms. MacLeod is a director of several Power Group companies in North America, including IGM, IG Wealth Management and Mackenzie Inc. since 2017. She is a Strategic Board Member for The Carlyle Group. She previously was a member of the Advertising Standards Canada Council. Ms. MacLeod holds a Bachelor of Commerce and Master of Science in Marketing Management from the University of Guelph, and she is a graduate of the Harvard Business School's Corporate Boards Program.

Job Titles:

• Chairman of the Audit Committee
• Company Director
• Director of Several Power Group
• Director since 2020
• Fellow of the Chartered Professional Accountants of Ontario

Mr. Vanaselja is a company director. He served as the Executive Vice-President and Chief Financial Officer of BCE Inc. and Bell Canada, from 2001 to 2015. Prior to joining BCE Inc., he was a Partner with KPMG Canada in Toronto. Mr. Vanaselja is a director of several Power Group companies in North America, including Power Financial, Great-West Lifeco and Canada Life. He is also a director and Chair of the Board of TC Energy Corporation and a trustee of RioCan Real Estate Investment Trust. He previously served as a director and Chair of the Audit Committee of Maple Leaf Sports & Entertainment Ltd. He also previously served on the Finance Minister's Federal Advisory Committee on Financing, on Moody's Council of Chief Financial Officers, on the Corporate Executive Board's Working Council for Chief Financial Officers and on the Conference Board of Canada's National Council of Financial Executives. Mr. Vanaselja has been an active fundraiser for a number of community organizations including St. Mary's Hospital Foundation, Big Brothers and Big Sisters of Toronto, Heart and Stroke Foundation of Quebec, Royal Victoria Hospital and the Annual Walk for Kids Help Phone. Mr. Vanaselja is a Fellow of the Chartered Professional Accountants of Ontario and holds an Honours Bachelor of Business Administration degree from the Schulich School of Business.

Job Titles:

• General Counsel
• Secretary
• Vice - President

Mr. Lemay has been Vice-President, General Counsel, and Secretary of Power Corporation and Power Financial since 2012. Mr. Lemay joined Power Corporation as Vice-President, Assistant General Counsel, and Associate Secretary in 2005 and assumed the same position at Power Financial in 2009. He is also responsible for corporate social responsibility initiatives at both companies, in addition to being the media spokesperson. Mr. Lemay began his career with the law firm Byers Casgrain, now Dentons, where he worked in commercial litigation for five years. He subsequently held the position of Policy Advisor, Economic Development, in the Office of the Prime Minister of Canada from 1997 to 1999. Mr. Lemay then returned to the private sector in Montréal, serving in a number of executive positions in legal, regulatory and public affairs with companies within the Telesystem Group. He then joined Gildan Activewear Inc., a leading sportswear manufacturer, where he was Vice-President of Public and Legal Affairs and Secretary until 2005. Mr. Lemay is active in a number of not-for-profit organizations and community initiatives. He is a member of the Board and Secretary of the Society for the Celebrations of the 375 th Anniversary of Montréal and a member of the Board of Dis-moi.

Job Titles:

• Company Director
• Member of the Audit Committee
• Director since 2014

Mr. Ryan is a company director. From 2013 to 2014, he was Managing Director, Global Head of Regulatory Strategy and Policy of JPMorgan Chase & Co., a global financial services firm. From 2008 to 2013, he was President and Chief Executive Officer of the Securities Industry and Financial Markets Association (SIFMA), a trade association representing 680 global financial market participants. Prior to joining SIFMA, he was Vice-Chairman, Financial Institutions and Governments, at J.P. Morgan, where he was a member of the firm's senior leadership. Prior to joining J.P. Morgan in 1993, Mr. Ryan was the Director of the Office of Thrift Supervision, U.S. Department of the Treasury. He is a director of many Power group companies in North America, including Power Financial, Great-West Lifeco, Canada Life, Empower Retirement and Putnam Investments, having previously served as a director of Power Corporation and Power Financial from 2011 to 2013 and of Great-West Lifeco and some of its subsidiaries from 2010 to 2013. He is Chairman of the Board of Santander Holdings U.S.A., Inc., Santander Bank, N.A. and Banco Santander International. He has served as a director of Markit Group Limited from 2013 to 2014 and of Lloyds Banking Group from 2009 to 2013. He was a private sector member of the Global Markets Advisory Committee for the U.S. National Intelligence Council from 2007 to 2011. Mr. Ryan is a graduate of Villanova University and the American University Law School. He served as an officer in the U.S. Army from 1967 to 1970.