Finning International Inc. announced that Mr. Harold Kvisle will step down from his role as Chair of the Board of Directors following Finning?s 2024 annual meeting of shareholders on May 7, 2024. He will be succeeded as Board Chair by Mr. James Carter, an independent director, effective upon his re-election at that meeting, while the Board identifies a longer-term Board Chair by Finning?s 2025 annual meeting. Mr. Kvisle will remain on the Board and stand for re-election at the annual meeting.

Mr. Carter joined Finning?s Board in 2007 and has served in various leadership capacities during his tenure, including as chair of the Pension Committee, the Safety, Environment and Social Responsibility Committee and the Human Resources Committee. Mr. Carter has extensive experience in mining and the oil sands, including 28 years at Syncrude Canada Ltd., including 10 years as President and 18 years as Operations Chief.