ATS (ATS) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with a welcome, recording notice, and cautionary statements regarding forward-looking information and non-IFRS measures.

• Chair introduced board members and outlined the agenda, including director elections, auditor reappointment, executive compensation advisory vote, and a shareholder proposal.

Board and executive committee updates

• Chair highlighted dissatisfaction with past performance and a renewed focus on value creation and risk mitigation.

• Strengthened management team with new leadership in Life Sciences and a focus on lean continuous improvement.

Strategic initiatives and plans

• Emphasis on deepening the ATS Business Model (ABM) for margin improvement over the next 18 months.

• Focus on increasing aftermarket sales and service revenue, aiming for best-in-class mix.

• Plans to return to organic growth through technology investments and market positioning.

• Capital allocation and M&A to restart value creation, supported by a reduced net debt ratio.