Modernizing our governance practices In 2025, our board members continued the vital task of modernizing our governance. Their work is mainly intended to ensure alignment between the evolution of our organization and that of the Board of directors, while supporting the implementation of our strategic plan and promoting our long-term sustainability. This approach also allows us to meet our regulator’s expectations in a thorough and proactive manner. As the challenges facing our industry continue to grow—whether they involve climate issues, reinsurance, digital transformation or artificial intelligence— our Board of directors remains convinced that reshaping our governance structure is essential to ensuring our success. Our courage and determination to build a robust governance framework aligned with our mutualist model are worth noting. After all, it is this mutuality that allows us to align our long-term vision with our members’ current and future needs. Throughout the year, our Board of directors met regularly to ensure transparent and innovative governance. While eight meetings were originally scheduled, two additional meetings were held to discuss our strategic planning and the modernization of our governance. In addition, a tour of the mutual companies’ Boards of directors helped to rally our entire network behind the transformation of our practices and to underscore our commitment to excellence. 2025 – ANNUAL REPORT 12
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