Thomson Reuters (TRI) AGM 2025 summary

Opening remarks and agenda

• Chairman welcomed shareholders, introduced board and management, and outlined the meeting format, including formal business, business comments, CEO remarks, and Q&A session.

• Meeting was webcast live, and shareholders were encouraged to ask questions on resolutions and during the Q&A period.

Board and executive committee updates

• Fourteen directors were up for election, including two new nominees, Michael Friisdahl and Paul Sagan.

• Shareholder raised concerns about low director shareholdings, urging greater alignment with shareholder interests.

• Chairman assured commitment from directors and acknowledged the importance of director equity.

Financial performance review

• 2024 saw 7% organic revenue growth and a 38% EBITDA margin, surpassing initial outlook.

• Legal, corporates, and tax/accounting segments delivered 9% organic growth, up from 7% in 2023.

• Dividend increased by 10% for the fourth consecutive year.

• Strengthened balance sheet through divestitures and strategic reinvestment.

• 2025 outlook projects 7%-7.5% organic revenue growth.