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METRO ANNOUNCES THE VOTING RESULTS ON THE ELECTION OF ITS DIRECTORS

MWN-AI** Summary

On January 27, 2026, METRO INC. held its Annual General Meeting of shareholders, during which the results of the director elections were announced. All 11 candidates nominated by management were successfully elected as directors for the upcoming year. The voting outcomes reflected a strong level of support for the nominees, with notable percentages of votes in favor.

Leading the election results was Pierre Boivin, who garnered a remarkable 99.09% approval, followed closely by Geneviève Brouillette with 99.96%. Other nominees also received substantial backing, including Lori-Ann Beausoleil and Marc Guay, who achieved approval rates of 97.99% and 99.31%, respectively. Geneviève Fortier and Michael Motz demonstrated impressive support as well, with 97.99% and 99.86% of votes in favor.

On the contrary, Maryse Bertrand recorded the lowest approval rate at 94.33%, reflecting 9,575,604 votes withheld against her candidacy. Despite this, the overall election results illustrated strong confidence in the leadership team, which includes a mix of experienced professionals committed to steering the corporation forward.

METRO Inc., a prominent player in the food and pharmacy sectors in Quebec and Ontario, reported annual sales exceeding $22 billion and employed over 97,000 individuals. The company operates around 1,000 food stores and 640 pharmacies, encompassing brands like Metro, Super C, and Jean Coutu. The firm emphasized its dedication to the health and well-being of its communities as a core part of its mission.

In summary, METRO INC. successfully retained its board of directors, affirming shareholder confidence in its governance and strategic direction as it continues its operations in a pivotal market.

MWN-AI** Analysis

METRO Inc. recently announced the results of its annual shareholder meeting, where all proposed nominees for the board of directors were elected with significant support. Notably, only minor percentages of voters withheld their votes, indicating strong confidence in the leadership. This positive signaling can serve as a catalyst for investor sentiment, suggesting stability and continuity within the company's governance structure.

The successful election of directors gives a clear indication of the company's strategic direction. METRO’s diverse board composition, featuring members with extensive industry experience, positions the company to effectively navigate market challenges and opportunities. Investors should be aware that strong board support can translate into robust decision-making and enhanced operational performance.

In the retail sector, particularly within food and pharmacy, competition is fierce. However, METRO’s established market presence, with over $22 billion in annual sales and a wide array of banners, provides a competitive advantage. The company's diverse operations enhance its resilience against economic fluctuations. Observing trends like increasing consumer preference for convenient, health-oriented shopping experiences, METRO's strategic focus on eCommerce and community-oriented services appears well-timed.

As investors consider their positions, it might be prudent to monitor key performance indicators (KPIs) from METRO, such as same-store sales growth and margins, particularly in pharmacy operations, where aging demographics and health trends promise continued growth.

Moreover, investor confidence can be influenced by METRO's ability to adapt to evolving consumer behaviors and boost its operational efficiency. Given the board's recent election results, which reflect shareholder trust, potential investors may find this an opportune moment to engage with METRO, particularly as the company positions itself to leverage its strengths in a dynamic market landscape. Investment strategies should account for both the stability of leadership and the company’s proactive adaptation to consumer demands.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

MONTREAL, Jan. 28, 2026 /CNW/ - Following the Annual General Meeting of shareholders of METRO INC. held on January 27, 2026, METRO INC. is announcing the voting results obtained at the Annual General Meeting of Shareholders for the election of its directors.

The 11 nominees proposed by management were elected as directors. According to proxies received and ballots cast, each of the following 11 individuals was elected as directors of METRO INC. until the next annual meeting of shareholders or until such person's successor is elected or appointed. Voting results are as follows:

NAME OF THE NOMINEE

VOTES FOR

%

VOTES
WITHHELD

%






Lori-Ann Beausoleil

165,449,083

97.99 %

3,389,354

2.01 %

Maryse Bertrand

159,262,833

94.33 %

9,575,604

5.67 %

Pierre Boivin

167,304,931

99.09 %

1,533,506

0.91 %

Geneviève Brouillette

168,767,827

99.96 %

70,610

0.04 %

Stephanie Coyles

164,328,298

97.33 %

4,510,139

2.67 %

Geneviève Fortier

165,448,280

97.99 %

3,390,157

2.01 %

Marc Guay

167,678,039

99.31 %

1,160,398

0.69 %

Eric R. La Flèche

167,959,892

99.48 %

878,545

0.52 %

Brian McManus

166,060,644

98.35 %

2,777,793

1.65 %

Michael Motz

168,595,441

99.86 %

242,996

0.14 %

Pietro Satriano

168,538,193

99.82 %

300,244

0.18 %

The Corporation congratulates the directors for their election.

About METRO Inc.

With annual sales of more than $22 billion, METRO Inc. is a food and pharmacy leader in Québec and Ontario, providing employment to more than 97,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of some 1,000 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, and some 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners. For more details, visit corpo.metro.ca and follow the latest news on LinkedIn.

SOURCE METRO INC.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/28/c4752.html

FAQ**

What factors contributed to the high voter turnout for the election of directors at Metro Inc. MRU:CC during the recent Annual General Meeting?

High voter turnout at Metro Inc.'s recent Annual General Meeting was driven by increased shareholder engagement, the significance of key director elections, strong communication from management, and heightened awareness of corporate governance issues.

Can you provide insights into the implications of the voting results for the strategic direction of Metro Inc. MRU:CC, considering the diversity and backgrounds of the elected directors?

The voting results for Metro Inc. MRU:CC suggest a strategic direction that prioritizes diverse perspectives and backgrounds among elected directors, which may enhance innovation, improve decision-making, and better align with varied consumer needs in an evolving market.

How does the election of these directors reflect Metro Inc.'s MRU:CC commitment to community health and well-being, as outlined in their corporate purpose?

The election of these directors demonstrates Metro Inc.'s commitment to community health and well-being by ensuring strong governance that aligns with their corporate purpose of promoting sustainable practices and enhancing the overall quality of life in the communities they serve.

Were there any notable trends or changes in shareholder sentiment towards specific nominees in the voting results for the directors of Metro Inc. MRU:CC?

As of my last update in October 2023, specific voting results and shareholder sentiment trends for nominee directors of Metro Inc. (MRU:CC) were not detailed, and any notable changes would require access to up-to-date proxy voting reports or results.

**MWN-AI FAQ is based on asking OpenAI questions about Metro Inc. (TSXC: MRU:CC).

Metro Inc.

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