Protecting Healthy Ecosystems Recognizing the interdependence of continued economic growth, healthy ecosystems, and climate resilience, we are committed to reducing our emissions by developing a climate transition plan. We also believe that strong and transparent carbon markets, such as TVCM powered by TMX Trayport, play a vital role in enhancing global ecosystem health. Our Emissions Reduction Targets Advancing on our commitment to building a sustainable TMX and setting an example by reducing our emissions, we are proud to announce our first near-term emissions reduction targets along with our long-term ambition to reach net-zero GHG emissions across our operations and value chain by 2050. This ambition is approved and overseen by our board of directors and integrated within our sustainability governance structure to ensure alignment with our overall enterprise strategy. We are committed to advancing our climate strategy through rigorous, data-driven targets. To ensure our emissions reduction trajectory is consistent with the global goal of limiting warming to 1.5oC and that our targets are grounded in the latest climate science, we have elected to align our targets with the newest draft version of the Science Based Targets initiative (SBTi) Corporate Net-Zero Standard (V2)12. Aligning with this global framework and its technical criteria allows TMX to provide stakeholders with transparent and comparable data. Given our emissions profile and to credibly align with a low-carbon future, our targets span all emission scopes. From a 2025 baseline year, we have set the following targets: 2026 2030 2031 2040 2050 Ongoing emissions Value chain emissions SCOPE 3 Direct emissions SCOPE 1 Indirect emissions SCOPE 2 Net-Zero Ambition Commit to neutralizing at least 1% of total emissions for the target timeframe Focus on supply chain alignment to net-zero through two key commitments: • Purchased Goods & Services and Capital Goods: Procure from suppliers covering 70% of our annual spend that are net-zero SBT-aligned by 2030 • Business Travel: Ensure that at least 95% of our business travel transport activity is provided by netzero SBT-aligned suppliers by 2030 Reduce emissions by 21% by 2031 Increase our annual sourcing of lowcarbon electricity purchased or matched through Energy Attribute Certificates, on a linear trajectory to 100% by 2040 Overarching long-term net-zero ambition to reach net-zero GHG emissions across our operations and value chain The effective implementation of these targets will be overseen by the Sustainability Enterprise Team who will work closely with the cross-enterprise Sustainability and Climate Council to ensure the targets are embedded in our strategy and within the relevant business units and corporate functions. We will report on the development of our climate transition plan and supporting initiatives on an ongoing basis. REPORT CONTENTS ABOUT THIS REPORT SUSTAINABILITY STRATEGY SUSTAINABILITY GOVERNANCE PROSPERITY PLANET PEOPLE APPENDICES 19 | TMX GROUP 2025 ANNUAL SUSTAINABILITY REPORT 12 Given the SBTi Corporate Net-Zero Standard Version 2.0 - Second Consultation Draft (November 2025) has not yet been finalized, TMX may revise near-term targets, long-term ambition and other commitments contained in this section following the finalization of the standard.
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