FN-EX-410a.4 Description of policy to encourage or require listed companies to publicly disclose environmental, social, and governance (ESG) information It is a cornerstone policy of 91ÁÔÆæ and 91ÁÔÆæV that all persons investing in securities listed on the equity exchanges have equal access to information that may affect their investment decisions. Public confidence in the integrity of the equity exchanges as securities markets requires timely disclosure of material information concerning the business and affairs of companies listed on the exchanges. This includes information regarding ESG-related information. In addition, 91ÁÔÆæ and 91ÁÔÆæV believe that strong corporate governance practices are essential to maintain a fair and orderly market for listed securities. That is why 91ÁÔÆæ: • monitors compliance with corporate governance requirements of 91ÁÔÆæ, such as the following sections of the 91ÁÔÆæ Company Manual that contain policies regarding governance: • Section 325, Section 423.6, Section 461.1, Section 461.2, Section 461.3, Section 461.4, Section 716 and Part VII and • mandates CIRO to monitor the Timely Disclosure Policy. And 91ÁÔÆæV: • monitors compliance with Exchange Policies on governance, such as the following Exchange Policies: Policy 3.1, and Policy 3.2 and • mandates CIRO to monitor the following Exchange Policies on disclosure, Policy 3.3 and other policies containing special timely disclosure requirements, on behalf of 91ÁÔÆæV. Under Canadian securities regulations, issuers must disclose all material information regarding their business and affairs, which includes ESG related risks and opportunities. The fundamental principle is that issuers should provide all information that would be material to an investorʼs investment decision, including material information about environmental and social issues. The CSA requires issuers to regularly update the market about material information pertaining to their business and affairs in disclosure documents, such as financial statements, the Annual Information Form and Managementʼs Discussion and Analysis. REPORT CONTENTS ABOUT THIS REPORT SUSTAINABILITY STRATEGY SUSTAINABILITY GOVERNANCE PROSPERITY PLANET PEOPLE APPENDICES 56 | TMX GROUP 2025 ANNUAL SUSTAINABILITY REPORT
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