Suncor Energy (SU) AGM 2025 summary

Opening remarks and agenda

• Meeting called to order virtually, enabling broad shareholder participation and voting.

• Senior leadership and auditors introduced; meeting held at head office in Alberta.

• Acknowledgement of Indigenous territories and commitment to reconciliation.

• Voting and Q&A procedures explained, with polls open for all resolutions simultaneously.

• Quorum established with over 70% of shares represented by 595 shareholders.

Board and executive committee updates

• Eleven directors nominated, with 10 being independent and 1 from management.

• All directors received over 94% of votes in favor and were elected.

Shareholder proposals

• Proposal from InvestNow Inc. requested a report on the impacts and costs of the net zero by 2050 commitment.

• Board recommended voting against the proposal; over 98% of votes were cast against it.