Scope 324 Cat. 7 - Employee Commuting 1,049 1,013 962 4% Use of survey data from employee engagement initiative to calculate emissions based on distance and commuting method. Work from home emissions are calculated but not included in this report in alignment with GHG Protocol and permitted exclusion under SBTi V2. Cat. 8 - Upstream Leased Assets 10 16 19 -35% Cat. 9 - Downstream Transportation & Distribution 3 1 1 109% Cat. 13 - Downstream Leased Assets 13 12 13 4% Cat. 15 - Investments25 89 15 17 487% Emission factors were revised in conformity with datasets maintained by government agencies. Scope 3 (Total) 22,647 20,118 17,877 13% Total Gross Emissions (MarketBased) 25,144 22,439 20,354 12% PERFORMANCE METRICS 2025 2024 2023 % VARIATION 2025 VS. 2024 Emissions Intensity26 Headcount Number27 2,319 2,236 1,931 4% tCO2e per Headcount 10.8 10.0 10.5 8% Revenue ($ million) 1,71728 1,460 1,194 18% tCO2e per Revenue ($ million) 14.6 15.4 17.0 -5% REPORT CONTENTS ABOUT THIS REPORT SUSTAINABILITY STRATEGY SUSTAINABILITY GOVERNANCE PROSPERITY PLANET PEOPLE APPENDICES 36 | TMX GROUP 2025 ANNUAL SUSTAINABILITY REPORT 24 Category 10, 11, 12 and 14 were not included because they are not applicable to TMXʼs upstream or downstream activities or are included in other categories. 25 Investments represent our proportion of emissions that corresponds to our equity ownership in companies in which we have made a strategic investment but do not have operational control. 26 2024 and 2023 emissions intensity metrics were recalculated to reflect methodology updates and inventory changes. 27 Includes permanent, hourly, contract and contingent workers. 28 TMX Group reported 2025 revenue, p.16 of our 2025 Annual Report.
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