Mid-point update on our strategic plan rollout The results confirm the soundness of the choices that shaped our 2024–2027 strategic plan. We continue to focus on sustained, profitable organic growth while preparing our organization for expansion across Canada. The amendment to the Insurers Act, adopted last June, which allows us to welcome mutual companies established outside Quebec into our federated model, represents a significant step forward in that direction. Despite a market that continues to consolidate, delivering on our plan remains our priority. We are moving forward with confidence. Our continued focus on our 2030 destination To succeed in an unstable and competitive market, we are fully committed to our goal of expanding beyond Quebec and doubling the size of our organization by 2030. In 2026, we are accelerating the pace. Our teams are guided by a mutualist model rooted in trust and close relationships, backed by the strength of our mutual companies, our Fédération, and a very solid financial foundation. Our organization is therefore exceptionally well positioned and ready to take this important next step in our growth strategy. 2025 – ANNUAL REPORT 20
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