On April 5, 2024, Power Corporation of Canada announced that it has received a shareholder Proposals from The Mouvement d?éducation et de défense des actionnaires 1) that the Board of Directors consider the advisability of introducing a new approach to incentive compensation, with the aim of linking part of the compensation of all employees to the organization?s performance against its key ESG targets, 2) that the Corporation?s annual meetings be held in person, and that virtual meetings be added as a complement to, but not replace, in-person meetings, 3) the language fluency of the executives be disclosed in the proxy circular, and 4) that the Corporation adopt a policy regarding an annual advisory vote on its environmental and climate objectives and action plan. The Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 9, 2024.