Part 3
| Corporate name | Reasons for not having adopted a target | Targets | Did the corporation adopt term limits or other mechanisms of board renewal? | If the corporation has adopted terms limits, describe them: | If the corporation has not adopted term limits, explain why: |
|---|---|---|---|---|---|
| 5N PLUS INC. | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Acadian Timber Corp. | Not disclosed | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| AcuityAds Holding Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Aecon Group Inc. | Due to the small size of the team | Yes - women on board (The Corporation has adopted a written policy relating to the identification and nomination of women directors.) | Yes | Adopted age and tenure limits | Not disclosed |
| Aex Gold Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Air Canada | Diversity is considered when selecting candidates | Yes - women on board | Yes | Adopted age and tenure limits | Not disclosed |
| AiriQ Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Alaris Equity Partners Inc. (formally Alaris Royalty Corp.) | Diversity is considered when selecting candidates | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Algonquin Power & Utilities Corp | Diversity is considered when selecting candidates | No | No | Not disclosed | It reduces continuity or experience on the board |
| AltaGas Ltd. | Candidates are selected on merit | Yes - board only (target for women) | Yes | Adopted age and tenure limits | Not disclosed |
| Antler Gold Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Aptose Biosciences Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It reduces continuity or experience on the board |
| Asbestos Corporation Limited | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Avivagen Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| BCE Inc. | Candidates are selected on merit | Yes | Yes | Adopted tenure limits | Not disclosed |
| BELLUS Health Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Biosyent Inc. | It would not be in the best interest of the corporation or the shareholders | No | Not disclosed | Not disclosed | Not disclosed |
| Bombardier Inc. | Restrictive or reduce flexibility | Yes | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Boralex Inc. | Candidates are selected on merit | No | Yes | Adopted tenure limits | Not disclosed |
| CAE Inc. | It would not be in the best interest of the corporation or the shareholders | Yes - women only | Yes | Adopted age and tenure limits | Not disclosed |
| Calian Group Ltd. | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Cameco Corporation | Restrictive or reduce flexibility | Yes - board only (women) | Yes | Adopted age and tenure limits | Not disclosed |
| Canadian National Railway Company | Not disclosed | Yes | Yes | Adopted age and tenure limits | Not disclosed |
| Canadian Utilities Limited | Candidates are selected on merit | No | No | Not disclosed | Other reason |
| Capital Power Corp. | Not disclosed | Yes - women only | Yes | Adopted tenure limits | Not disclosed |
| CCL Industries Inc. | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| c-com Satelite Systems Inc. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Cenovus Energy | Not disclosed | Yes | Yes | Adopted tenure limits | Not disclosed |
| Centerra Gold Inc. | Want to select candidates from broadest talent pool | No | Yes | Adopted age limits | Not disclosed |
| Cerro Grande Mining Corp. | Talent pool is too small | No | No | Not disclosed | Annual elections are sufficient |
| Cervus Equipment Corp. | Want to select candidates from broadest talent pool | No | Yes | Adopted age limits | Not disclosed |
| ces Energy Solutions Corp. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| Chorus Aviation | Candidates are selected on merit | Yes - women on board | No | Not disclosed | It reduces continuity or experience on the board |
| Clarke Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Clearwater Seafoods Incorporated | Candidates are selected on merit | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Consolidated Firstfund Capital Corp | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Cornish Metals Inc. | Diversity is considered when selecting candidates | No | Not disclosed | Not disclosed | Not disclosed |
| Correvio Pharma Corp. | Corporation is too small/Board is too small | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Corsa Coal Corp | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| D-Box Technologies Inc. | Diversity is considered when selecting candidates | Yes - designated groups on board | No | Not disclosed | It reduces continuity or experience on the board |
| Diagnos Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Dollarama Inc. | Candidates are selected on merit | Yes - board only (women) | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Enbridge Inc. | Not disclosed | Yes - women only | Yes | Adopted age and tenure limits | Not disclosed |
| Enerflex Ltd. | Candidates are selected on merit | No | Yes | Adopted age and tenure limits | Not disclosed |
| Equispheres Inc. | Not disclosed | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Erdene Resource Development Corp | Corporation is too small/Board is too small | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| exactEarth Ltd. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Extendicare Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Fairfax Africa Holdings Corporation | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Fairfax Financial Holdings Limited | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Fairfax India Holdings Corporation | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| FAX Capital Corp. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| FILO Mining Corp | Currently under consideration | No | Not disclosed | Not disclosed | Not disclosed |
| Firan Technology Group Corporation | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Fox River Resources Corporation | Diversity is considered when selecting candidates | No | Not disclosed | Not disclosed | Not disclosed |
| Franco-Nevada Corporation | Diversity is considered when selecting candidates | Yes - women on board | Yes | Adopted age and tenure limits | Not disclosed |
| GDI Integrated Facility srvs. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Genworth MI Canada | Currently under consideration | Yes - women on board | Yes | Adopted age and tenure limits | Not disclosed |
| Gildan Activewear Inc. | Candidates are selected on merit | No | Yes | Adopted age and tenure limits | Not disclosed |
| Golden Valley Mines Ltd. / Mines de la Vallée de l'or Ltée | Candidates are selected on merit | No | No | Not disclosed | Annual elections are sufficient |
| Golden Star Resources Ltd. | Corporation is too small/Board is too small | No | Yes | Adopted age and tenure limits | Not disclosed |
| GoldQuest Mining Corp | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Great-West Lifeco Inc. | Candidates are selected on merit | No | No | Not disclosed | They are arbitrary mechanisms |
| Groupe Colabor Inc. | Diversity is considered when selecting candidates | Yes - women on board | No | Not disclosed | It reduces continuity or experience on the board |
| HPQ Silicon Resources Inc. | Not disclosed | No | Yes | Adopted tenure limits | Not disclosed |
| Hudbay Minerals Inc | Diversity is considered when selecting candidates | No | No | Not disclosed | They are arbitrary mechanisms |
| IBI Group | Not disclosed | Yes - women and minorities | Yes | Adopted tenure limits | Not disclosed |
| IGM Financial Inc. | Candidates are selected on merit | the Corporation adopted a goal for women to comprise at least 35% of our senior leadership roles (Vice-President and higher) by 2020. | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Imperial Oil | Candidates are selected on merit | Policy but no targets | Yes | Adopted age limits | Not disclosed |
| IMV Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It reduces continuity or experience on the board |
| Innergex Renewable Energy Inc. | Want to select candidates from broadest talent pool | Yes - women on board | Yes | Adopted age and tenure limits | Not disclosed |
| Intact Financial Corporation | Candidates are selected on merit | Yes - women on board | Yes | Adopted tenure limits | Not disclosed |
| Intouch Insight Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| IPL Plastics Inc. | Want to select candidates from broadest talent pool | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Josemaria Resource Inc. | Diversity is considered when selecting candidates | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| KP Tissue Inc. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Lassonde Industries Inc. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Liberty Gold Corp | Corporation is too small/Board is too small | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Lundin Gold Inc. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Lundin Mining Corporation | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Major Drilling Group International Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Maverix Metals Inc. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| Mediagrif Interactive Technologies Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It reduces continuity or experience on the board |
| Medicenna Therapeutics Corp. | Corporation is too small/Board is too small | No | No | Not disclosed | It reduces continuity or experience on the board |
| Methanex Corporation | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Monitor Ventures Inc. | Targets would not be the most effective way of ensuring greater diversity or obtaining the most capable persons for such positions. | No | No | Not disclosed | No reasons provided |
| Morguard Corporation | Targets would not be the most effective way of ensuring greater diversity or obtaining the most capable persons for such positions. | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Morien Resources Corp | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Neovasc Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| New Look Vision Group Inc. | Does not feel that targets necessarily result in the identification or selection of the best candidates. | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| NexJ Systems Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | They are arbitrary mechanisms |
| NGEx Minerals Ltd. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Norbord Inc | Want to select candidates from broadest talent pool | Yes - women on board | No | Not disclosed | They are arbitrary mechanisms |
| Northern Shield Resources Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It reduces continuity or experience on the board |
| Nova Leap Health Corp | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| Nutrien Ltd | Corporation is too small/Board is too small | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Open Text Corporation | Want to select candidates from broadest talent pool | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Orezone Gold Corporation | Candidates are selected on merit | No | No | Not disclosed | Annual elections are sufficient |
| Orla Mining Ltd. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Pelangio Exploration Inc. | Restrictive or reduce flexibility | No | Not disclosed | Not disclosed | Not disclosed |
| Pieridae Energy Limited | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Points International Ltd. | Diversity is considered when selecting candidates | No - no reason provided | No | Not disclosed | It reduces continuity or experience on the board |
| Postmedia Network Canada Corp. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Power Corporation of Canada | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It reduces continuity or experience on the board |
| Premium Brands Holdings Corporation | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Prodigy Ventures Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Quarterhill Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | No reasons provided |
| Reunion Gold Corp | Candidates are selected on merit | Policy but no target disclosed | No | Not disclosed | No reasons provided |
| Ritchie Bros. Auctioneers Incorporated | Candidates are selected on merit | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Roots Corp | Candidates are selected on merit | Yes - women on board | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Saputo Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Shawcor Ltd. | Restrictive or reduce flexibility | No | Yes | Adopted age and tenure limits | Not disclosed |
| Shopify | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Sierra Metals Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | They are arbitrary mechanisms |
| Sierra Wireless Inc. | Not disclosed | Yes - women only | Yes | Adopted age limits | Not disclosed |
| Slang Worldwide Inc. | Diversity is considered when selecting candidates | No | Not disclosed | Not disclosed | Not disclosed |
| SNC-Lavalin | Not disclosed | Yes - women on board | Not disclosed | Not disclosed | Not disclosed |
| Stantec Inc. | Not disclosed | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Strongbow exploration Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Suncor Energy Inc. | Want to select candidates from broadest talent pool | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| SunOpta Inc | Want to select candidates from broadest talent pool | No | Not disclosed | Not disclosed | Not disclosed |
| Superior Plus Corp | Candidates are selected on merit | No - women on board | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| TC Energy Corporation | Want to select candidates from broadest talent pool | No | Yes | Adopted age and tenure limits | Not disclosed |
| Teck Resources Ltd. | Not disclosed | No | No | Not disclosed | They are arbitrary mechanisms |
| Tecsys Inc. | Candidates are selected on merit | Yes - women on board | No | Not disclosed | It reduces continuity or experience on the board |
| The Descartes Systems group Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| TransAlta Corporation | Diversity is considered when selecting candidates | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| TransAlta Renewables Inc. (subsidiary are not included) | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| TransCanada PipeLines Limited | Want to select candidates from broadest talent pool | No | Yes | Adopted age and tenure limits | Not disclosed |
| Transcontinental inc. | Want to select candidates from broadest talent pool | Yes - women | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| UEX Corporation | Want to select candidates from broadest talent pool | No | No | Not disclosed | Annual elections are sufficient |
| Ur-Energy Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Velan Inc. | Not disclosed | Yes - women | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Village Farms International Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It reduces continuity or experience on the board |
| Vision Lithium Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| VIVO Cannabis Inc. | It would not be in the best interest of the corporation or the shareholders | No | Yes | Adopted age and tenure limits | Not disclosed |
| Wajax Corporation | Corporation is too small/Board is too small | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Western Forest Products Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | Annual elections are sufficient |
| Xenon Pharmaceuticals Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Yamana Gold Inc. | Currently under consideration | Yes - women on board | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| 55 North Mining Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| A-Labs Capital I Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Avcorp Industries Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| ADCORE INC. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Alcanna Inc. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It reduces continuity or experience on the board |
| Americas Gold and Silver Corporation | Talent pool is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| BluMetric Environmental Inc. | Not disclosed | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Ceapro Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It reduces continuity or experience on the board |
| CanWel Building Materials Group Ltd. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| CareRx Corporation | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| EnWave Corporation | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Eldorado Gold Corporation | Candidates are selected on merit | Yes - women only | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Exchange Income Corporation | Candidates are selected on merit | Yes - women on board | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| FEC Resources Inc. | Candidates are selected on merit | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Finning International Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Fortune Bay Corp. | Corporation is too small/Board is too small | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| FP Newspapers Inc. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| Frontenac Mortgage Investment Corporation | Not disclosed | No | Yes | Adopted tenure limits | Not disclosed |
| Firm Capital Mortgage Investment Corporation | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Galantas Gold Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Getty Copper Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| GoldSpot Discoveries Corp. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| GoldMining Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| GrowthWorks Atlantic Venture Fund Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| ICEsoft Technologies Canada Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| IDAHO CHAMPION Gold MINES CANADA INC. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| ImagineAR Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| KNIGHT THERAPEUTICS INC. | Diversity is considered when selecting candidates | Yes - women on board only | No | Not disclosed | It reduces continuity or experience on the board |
| LE CHATEAU INC. | Restrictive or reduce flexibility | No | No | Not disclosed | It reduces continuity or experience on the board |
| Labrador Iron Ore Royalty Corporation | Corporation is too small/Board is too small | No | No | Not disclosed | Annual elections are sufficient |
| Lightspeed POS Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| MTY Food Group Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Namibia Critical Metals Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| North-American Construction Group Ltd. | Corporation is too small/Board is too small | Yes - women on board only | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Orca Gold Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Pembroke American Growth Fund Inc. | Candidates are selected on merit | No - disclosure only for women | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Power Financial Corporation | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| ProMIS Neurosciences Inc. | Corporation is too small/Board is too small | No - disclosure only for women | Not disclosed | Not disclosed | Not disclosed |
| Prospera Energy Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Pulse Seismic Inc. | Candidates are selected on merit | No | No | Not disclosed | They are arbitrary mechanisms |
| Redline Communications Group Inc. | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Restaurant Brands International Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | Annual elections are sufficient |
| Seabridge Gold Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Silver Tiger Metals Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Sona Nanotech Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sernova Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Star Diamond Corporation | Diversity is considered when selecting candidates | No | No | Not disclosed | They are arbitrary mechanisms |
| Teranga Gold Corporation | Currently under consideration | No | No | Not disclosed | It reduces continuity or experience on the board |
| TeraGo Inc. | Candidates are selected on merit | No | Yes | Adopted tenure limits | Not disclosed |
| ThreeD Capital Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| ViveRe Communities inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Winpak Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| WAVERLY PHARMA INC. | Restrictive or reduce flexibility | No | Not disclosed | Not disclosed | Not disclosed |
| ZoomerMedia Limited | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Kneat.com Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Adventus Mining Corporation | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Fokus Mining Corporation | Want to select candidates from broadest talent pool | No | No | Not disclosed | It reduces continuity or experience on the board |
| GENIUS METALS INC. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| GobiMin Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Hardwoods Distribution Inc. | Diversity is considered when selecting candidates | No | No | Not disclosed | It reduces continuity or experience on the board |
| Visible Gold Mines Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It reduces continuity or experience on the board |
| Madison Pacific Properties Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It reduces continuity or experience on the board |
| NSGold Corporation | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| ORIGIN GOLD CORPORATION | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Oryx Petroleum Corporation Limited | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| PurePoint Uranium Group Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Pollard Banknote Limited | Not disclosed | No | Yes | Adopted tenure limits | Not disclosed |
| RAMM PHARMA CORP. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Real Matters Inc. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Russel Metals Inc. | Restrictive or reduce flexibility | No | Yes | Adopted age and tenure limits | Not disclosed |
| Swiss Water Decaffeinated Coffee Inc. | Not disclosed | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Tetra Bio-Pharma Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| VOTI Detection Inc. | Restrictive or reduce flexibility | No | Not disclosed | Not disclosed | Not disclosed |
| X-Terra Resources Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Ortho Regenerative Technologies Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| VALEO PHARMA INC. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Avalon Advanced Materials Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| AYA GOLD & SILVER INC. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Buhler Industries Inc. | Not disclosed | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Falco Resources Ltd. | Diversity is considered when selecting candidates | Yes - women | Yes | Adopted age and tenure limits | Not disclosed |
| Goodfellow Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| KuuHubb inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Liminal Biosciences Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Manitex Capital Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Maple Leaf Foods Inc. | Candidates are selected on merit | No | Yes | Adopted age and tenure limits | Not disclosed |
| Organigram Holdings Inc. | Diversity is considered when selecting candidates | No | Yes | Adopted age and tenure limits | Not disclosed |
| SRG Mining Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sama Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Xebec Adsorption Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Telo Genomics Corp. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Nouveau Monde Graphite Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Kinaxis Inc. | Candidates are selected on merit | Yes - women on board | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Cannabis Growth Opportunity Corporation | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Inventus Mining Corp. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Globex Mining Enterprises Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Zonte Metals Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Wavefront Technology Solutions Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Aeterna Zentaris Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Algoma Central Corporation | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Almonty Industries Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Alphinat Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Appia Energy Corp. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| Arch Biopartners Inc. | Not disclosed | No | No | Not disclosed | Annual elections are sufficient |
| Aura Resources Inc. (Gold79 Mines Ltd.) | Not disclosed | No | Not disclosed | Not disclosed | Annual elections are sufficient |
| Veraspay Corporations | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Urbanimmersive Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Annual elections are sufficient |
| United Corporations Limited | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| TWC Enterprises Limited | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Trez Capital Senior Mortgage Investment Corporation | Not disclosed | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Tree of Knowledge International Corp. | Not disclosed | No | Yes | Adopted tenure limits | Not disclosed |
| Tree Island Steel Ltd. | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Transat A.T. Inc. | Candidates are selected on merit | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Autocanada Inc. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Automotive Finco Corp. (formerly, Augyva Mining Resources Inc.) | Diversity is considered when selecting candidates | N | Not disclosed | Not disclosed | No reasons provided |
| Aylen Capital Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| B.E.S.T. Venture Opportunities Fund Inc.(formerly, Dynamic Venture Opportunities Fund Ltd.) | Corporation is too small/Board is too small | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Beauce Gold Fields Inc. | Corporation is too small/Board is too small | No | Yes | Adopted tenure limits | Not disclosed |
| Bluerush Digital Media Corp. (Bluerush) | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Bold Capital Enterprises Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Bombardier Produits Récréatifs Inc. (BRP Inc.) | Diversity is considered when selecting candidates | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Canada Silver Cobalt Works Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Canadian Pacific Railway Limited | Diversity is considered when selecting candidates | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Canopy Growth Corporation | Corporation is too small/Board is too small | No | Yes | Adopted age limits | Not disclosed |
| Capital Orletto II Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Ceylon Graphite Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Chibougamau Independent Mines Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Clean Air Metals Inc. (formerly, Regency Gold Corp.) | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Conifex Timber Inc. | Diversity is considered when selecting candidates | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Consolidated HCI Holdings Corporation | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Woden Venture Capital Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| IAMGOLD CORPORATION | Candidates are selected on merit | No | No | Not disclosed | They are arbitrary mechanisms |
| Imaflex Inc. | Want to select candidates from broadest talent pool | No | Not disclosed | Not disclosed | Not disclosed |
| Imperial Mining Group Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Crestview Exploration Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Crown Capital Partners Inc. | Candidates are selected on merit | Yes - women on board | Yes | Adopted age and tenure limits | Not disclosed |
| Cub Energy Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Diversified Royalty Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Dundee Precious Metals Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Earth Alive Clean Technologies Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Economic Investment Trust Limited | Candidates are selected on merit | No | Yes | Adopted age limits | Not disclosed |
| Molecule Holdings Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Experion Holdings Ltd. (formerly Viridium Pacific Group Ltd.) | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Fokus Mining Corporation (formally Exploration Fieldex inc.) | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Findev Inc. (formerly, TransGaming Inc.) | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Fire & Flower Holdings Corp. (formerly Cinaport Acquisition Corp. II) | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Fission Uranium Corp. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Flyht Aerospace Solutions Ltd. | Diversity is considered when selecting candidates | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Glen Eagle Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| GoGold Resources Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Goliath Resources Limited | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Toromont Industries Ltd. | Diversity is considered when selecting candidates | No | Yes | Adopted age limits | Not disclosed |
| The North West Company Inc. | It would not be in the best interest of the corporation or the shareholders | No | Yes | Adopted age limits | Not disclosed |
| TFI International Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| TEMPLE HOTELS INC. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Supremex Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Stella-Jones Inc. | Not disclosed | No | Yes | Adopted age limits | Not disclosed |
| Stelco Holdings Inc. | Diversity is considered when selecting candidates | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Stakeholder Gold Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| SQI DIAGNOSTICS INC. | Diversity is considered when selecting candidates | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Sprott Resource Holdings Inc. | Candidates are selected on merit | No | No | Not disclosed | No reasons provided |
| WSP Global Inc. | Candidates are selected on merit | Yes - women senior management | No | Not disclosed | Annual elections are sufficient |
| Versapay Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Spackman Equities Group Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sleep Country Canada Holdings Inc. | Want to select candidates from broadest talent pool | Yes - women on board | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Slam Exploration Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Return On Innovation Fund Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sherritt International Corporation | Want to select candidates from broadest talent pool | Yes - women and Black people | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| RediShred Capital Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Realia Properties Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Quantum Numbers Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Perisson Petroleum Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Peak Fintech Group (Peak Positionning Technologies Inc.) | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| North Bud Farms Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| NexJ Health Holdings Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Murchison Minerals Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Medicure Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| MDC Partners Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It reduces continuity or experience on the board |
| Mainstream Minerals Corp. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| MacDonald Mines Exploration Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Loblaw Companies Limited | Want to select candidates from broadest talent pool | No | Yes | Adopted age limits | Not disclosed |
| Laramide Resources Inc. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Imax Corporation | Want to select candidates from broadest talent pool | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Intertape Polymer Group Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | No reasons provided |
| Kerr Mines Inc. | Want to select candidates from broadest talent pool | No | Not disclosed | Not disclosed | No reasons provided |
| Jura Energy Corporation | Not disclosed | No | Not disclosed | Not disclosed | No reasons provided |
| Lendified Holdings Inc. (formerly Hampton Bay Capital Inc.) | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| First Cobalt Corp. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| ADF Group Inc. | Candidates are selected on merit | Yes - women | Yes | Adopted tenure limits | Not disclosed |
| 48North Cannabis Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Emergia Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Seven Generations Energy Ltd. | Diversity is considered when selecting candidates | Yes - women on board and senior management | Not disclosed | Not disclosed | No reasons provided |
| RIWI Corp. | Not disclosed | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| TriSummit Utilities Inc. | Candidates are selected on merit | No | Yes | Adopted age and tenure limits | Not disclosed |
| Guyana Goldfields Inc. | Not disclosed | Yes - women | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Appili Therapeutics Inc. | Candidates are selected on merit | No | No | Not disclosed | Annual elections are sufficient |
| Battery Road Capital Corp. | Corporation is too small/Board is too small | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Boyd Group Services Inc. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| CERRO DE PASCO RESOURCES INC. | Want to select candidates from broadest talent pool | No | Not disclosed | Not disclosed | Not disclosed |
| Geekco Technologies Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Desert Gold Ventures Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Doré Copper Mining Corp. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It reduces continuity or experience on the board |
| Evertz Technologies Limited | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| George Weston Limited | Candidates are selected on merit | Yes - women on board | Yes | Adopted age limits | Not disclosed |
| Golden Tag Resources Ltd. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| GVIC Communications Corp. | Candidates are selected on merit | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Galleon Gold Corp. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Glacier Media Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Golden Share Resources Corporation | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Marathon Gold Corporation | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Mason Graphite Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| Nobelium Tech Corp. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| North Arrow Minerals Inc. | Corporation is too small/Board is too small | No | Not disclosed | Not disclosed | Not disclosed |
| NanoXplore Inc. | Diversity is considered when selecting candidates | N | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| PYROGENESIS CANADA INC. | Not disclosed | N | Not disclosed | Not disclosed | Not disclosed |
| PesoRama Inc. | Not disclosed | N | Not disclosed | Not disclosed | Not disclosed |
| Revival Gold Inc. | Not disclosed | N | Not disclosed | Not disclosed | Not disclosed |
| The Green Organic Dutchman Holdings Ltd. | Talent pool is too small | N | No | Not disclosed | It reduces continuity or experience on the board |
| Uranium Royalty Corp. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| UrbanGold Minerals Inc. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | Annual elections are sufficient |
| Sphinx Resources Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Corby Spirit and Wine Limited | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Senvest Capital Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It reduces continuity or experience on the board |
| Templeton Growth Fund, Ltd. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Gossan Ressources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Nutritional High International Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Secova Metals Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| TomaGold Corporation | Want to select candidates from broadest talent pool | No | Not disclosed | Not disclosed | Not disclosed |
| Cogeco Communications Inc. | Candidates are selected on merit | No | No | Not disclosed | They are arbitrary mechanisms |
| Windfall Geotek Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Molson Coors Canada Inc. | Not disclosed | No | Yes | Adopted age limits | Not disclosed |
| Dundee Sustainable Technologies Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Typhoon Exploration Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Rio Silver Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Ackroo Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| AXMIN Inc. | Not disclosed | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| I-Minerals Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Alturas Minerals Corp. | Diversity is considered when selecting candidates | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Orbit Garant Drilling Services Inc. | It would not be in the best interest of the corporation or the shareholders | No | Not disclosed | Not disclosed | Not disclosed |
| Sterling Metals Corp. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Veta Resources Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Critical Elements Lithium Corporation | Candidates are selected on merit | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Optiva Inc. | Candidates are selected on merit | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Radisson Mining Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| New West Energy Services Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sirios Resources Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It reduces continuity or experience on the board |
| H2O Innovation Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| District Copper Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Mistango River Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Deans Knight Income Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Squatex Energy and Resources Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| InZinc Mining Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Monument Mining Limited | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| VVC Exploration Corporation | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Kane Biotech Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Puma Exploration Inc | Corporation is too small/Board is too small | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| Fountain Asset Corp. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Ventripoint Diagnostics Ltd. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Plaintree Systems Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Empower Clinics Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| QuestCap Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| St-Georges Eco-Mining Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Vanstar Mining Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Boyuan Construction Group, Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Pancontinental Resources Corporation | Candidates are selected on merit | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Rocky Mountain Liquor Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Geomega Resources Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Magnetic North Acquisition Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Axis Auto Finance Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Universal PropTech Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| FTI Foodtech International Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| G2 Goldfields Inc. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Fort St. James Nickel Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| WildBrain Ltd. | Candidates are selected on merit | Yes - women on board | No | Not disclosed | It reduces continuity or experience on the board |
| EXFO Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | There is no correlation between term of services and actual board renewal |
| Atlantic Industrial Minerals Incorporated | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| DAVIDs TEA INC. | Want to select candidates from broadest talent pool | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Entheon Biomedical Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Covington Fund II Inc. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Stria Lithium Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Maple Gold Mines Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| BWR Exploration Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Monarch Gold Corporation | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Elcora Advanced Materials Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sigma Lithium Resources Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Canoe Mining Ventures Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| GCC Global Capital Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| East Africa Metals Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Lumiera Health Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Bonterra Energy Corp. | Diversity is considered when selecting candidates | No | No | Not disclosed | Annual elections are sufficient |
| Fission 3.0 Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Medexus Pharmaceuticals Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Engagement Labs Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Trigon Metals Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Radient Technologies Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Goldstar Minerals Inc. | Restrictive or reduce flexibility | No | No | Not disclosed | It reduces continuity or experience on the board |
| The Supreme Cannabis Company Inc. | Diversity is considered when selecting candidates | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Titanium Transportation Group Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Izotropic Corporation | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
| Standard Lithium Ltd. | Want to select candidates from broadest talent pool | No | No | Not disclosed | Annual elections are sufficient |
| Skylight Health Group Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| ZeU Technologies, Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| NBS Capital Inc. | Corporation is too small/Board is too small | No | No | Not disclosed | The board is new or small, so board renewal mechanism are unneeded |
| Bluewater Acquisition Corp. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Andrew Peller Limited | Restrictive or reduce flexibility | No | Yes | Adopted tenure limits | Not disclosed |
| Leveljump Healthcare Corp. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Elixxer Ltd. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Dios Exploration Ltd. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Bragg Gaming Group Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| NOVAMIND INC. | Restrictive or reduce flexibility | No | Not disclosed | Not disclosed | Not disclosed |
| INTELLIPHARMACEUTICS INTERNATIONAL INC. | Infrequent turn over on the board or in senior management | No | No | Not disclosed | It forces valuable experienced and knowledgeable directors to leave |
| Braille Energy Systems Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Just Energy Group Inc. | Not disclosed | No | Yes | Adopted age and tenure limits | Not disclosed |
| Quebec Precious Metals Corporation | Not disclosed | No | Yes | Adopted tenure limits | Not disclosed |
| NextSource Materials Inc. | Not disclosed | Yes - women on board | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Pershimex Resources Corporation | Want to select candidates from broadest talent pool | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Jiminex Inc. | Restrictive or reduce flexibility | No | Not disclosed | Not disclosed | Not disclosed |
| IBEX TECHNOLOGIES INC. | Candidates are selected on merit | No | No | Not disclosed | It reduces continuity or experience on the board |
| Focus Graphite Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Clearford Water Systems Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Wi2WI Corporation | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Goodfood market corp. | Candidates are selected on merit | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| P2 Gold Inc. | Want to select candidates from broadest talent pool | No | No | Not disclosed | The corporation regularly assesses board members' for effectiveness |
| 10557510 Canada Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| 10557536 Canada Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Helix BioPharma Corp. | It would not be in the best interest of the corporation or the shareholders | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Kardium Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| GINSMS INC. | Diversity is considered when selecting candidates | No | No | Not disclosed | It would not be in the best corporation or shareholder best interest |
| Premier Health of America Inc. | Not disclosed | No | Not disclosed | Not disclosed | Not disclosed |
| Sportscene Group Inc. | Candidates are selected on merit | No | Not disclosed | Not disclosed | Not disclosed |
METHODOLOGY
Diversity information disclosure under the Canada Business Corporations Act. (2020)
Data collection
The data has been extracted from public information contained in the disclosure documents filed with Corporations Canada or with Canadian Securities Administrators SEDAR system (SEDAR) and reported in the table as disclosed. Corporations Canada cannot guarantee that the information contained in the table is accurate, current, or complete, or that it has been extracted and reported correctly, and therefore it cannot guarantee the accuracy, currency or completeness of the information.
Methodology
The reference to executive officers in the disclosure documents has been considered to be equivalent to senior management. The definition of executive officer under the Canadian securities laws is similar to the definition of senior management under the Canada Business Corporations Act (CBCA).
To ensure consistency and mitigate the challenges related to the lack of standardization in how the information was reported while reporting the disclosed information in the table, the following methodology has been developed. For each column, the information extracted has been reported in the table as follows:
Corporate name
Legal name of the corporation
Did the corporation adopt a target for women, Indigenous peoples, members of visible minorities or person with disability to be members of senior management?
Yes: The corporation has adopted target.
No: The corporation has not adopted target.
Not disclosed: The corporation has not disclosed information or the information is not disclosed, or the information disclosed did not specifically relate to the disclosure requirements.
Target details (number and/or percentage)
The number or percentage is reported as disclosed.