On April 6, 2023, Power Financial Corporation announced that it has issued a management proxy circular, stating that it has received shareholder proposals from The Mouvement d'éducation et de défense des actionnaires, asking the Company to 1) publish annually, in a form it considers suitable, a report on the representation of women in its management, from entry level to top level, reporting directly to the President, 2) the language fluency of the directors be disclosed in their skills and 3) expertise grid in the circular and review the mandate of the Human Resources Committee in order to include more responsibilities with respect to the health and well-being of employees. In addition, The Mouvement d'éducation et de défense des actionnaires announced that it had discussions with the Company nd agreed to withdraw its proposals.