Investor Relations

Mr. Mannebach, BSBA, MBA, CPA is the former Chair and CEO of Velan Inc., where he led several critical strategic initiatives, including the successful transfer of ownership, before stepping into his current role on the Board in June 2026. Previously, Mr. Mannebach was the CEO of Power-Sonic Corporation, a leading global provider of power supply and energy storage solutions. Prior to March 2009, he was Group President and CEO of IMI PLC’s Precision Engineering business, a global engineering firm focused on motion and fluid control technologies. Prior to September 2004, Mr. Mannebach was Group Vice President of the Industrial Technology group of Roper Technologies, a leading global provider of process control, fluid metering and pump systems. Prior to 2003, Mr. Mannebach was employed by Emerson where he served as a Corporate Officer and in the Company’s Process Control business group which focuses on process management, control valves, fluid metering and control solutions including senior leadership positions at Fisher Controls, Rosemont and Micro Motion. Prior to 1988, Mr. Mannebach started his professional career at the global accounting, tax and advisory firm of Deloitte.

Ms. Blanchet, D.h.c., IAS. A, is a Corporate Director, Chair of the Audit Committee and Chair of BCI. She currently serves as a director of GDI Integrated Facility Services Inc. (TSX). She also serves as a director of Solmax and EBI, where she chairs the Audit Committee. She served as a director of Resolute Forest Products (TSX) until March 2023, where she chaired the Environment and Health and Safety Committee. She previously served as Chair of the RFAQ, an NFPO that works for the development of women-owned companies and remained a member of the board until January 2024.

Suzanne Blanchet pursued a career with the Cascades group for over 30 years, rising through the ranks to become President and Chief Executive Officer of Cascades Tissue Group from 1997 to 2014. Under her leadership, she grew the Tissue Division both organically and by acquisition to become the fourth largest player in North America in the retail, commercial and industrial sectors. She then held the position of Senior Vice President, Corporate Development for Cascades where she developed and implemented the ESG plan, as well as the entire innovation component for the group. Since 2017, Ms. Blanchet is a Corporate Director.

Ms. Blanchet studied Accounting Sciences at the Université du Québec à Trois-Rivières and is an accredited Corporate Director (ICD.A.). She has received prestigious awards including the Golden Stevie Award for the Executive Officer of Canada in 2013. In 2015, the Université du Québec en Outaouais (UQO) awarded her an honorary doctorate for her significant contribution as a pioneer in sustainable development and her innovative approaches in the pulp and paper sector were recognized.

NOTES: 
(2) Member of the Corporation Governance and Human Resources Committee.
(3) Member of the Audit Committee.
(4) Member of the Special Committee.

Mr. Kernaghan has over 20 years of experience in the financial services business. He held the position of Executive Vice President at Kernaghan Securities, a firm he started along with his father, Ted Kernaghan, in 2001. He is currently a partner at Kernaghan & Partners and is President of Kernwood Limited.

He also currently serves on the board of four other TSX listed companies, namely Exco Technologies Ltd. (TSX:XTC), Black Diamond Group Ltd. (TSX:BDI), Obsidian Energy Inc. (TSX:OBE), and Roots Corporation (TSX:ROOT). Mr. Kernaghan is a graduate of the University of Toronto with a Master of Science in Theoretical Physics, and he has a Bachelor of Science, Honors degree from Queens University.

(2) Member of the Corporation Governance and Human Resources Committee.
(3) Member of the Audit Committee.
(4) Member of the Special Committee.

Mr. Daniel Desjardins, Ad.E, is an independent director. He is a member of the Board of Directors of Transat A.T. Inc., the Chair of the Risk Committee and a member of the Audit Committee since 2022. He was a member of the Board of Directors of Noranda Income Fund and a member of its Audit Committee and Independent Committee of the Board until March 2023 following the privatization of the Fund. Mr. Desjardins is an accomplished business lawyer and executive with extensive expertise in business law, compliance and risk management as well as decades of experience in financing and complex mergers and acquisitions. For more than 20 years, until December 2019, Mr. Desjardins was Senior Vice-President, General Counsel and Corporate Secretary at Bombardier Inc. In this role, he was responsible for legal affairs, compliance, internal audit, insurance and risk management for the entire company. From 2018 to January 2021, he served as Chair of the Board of Directors of Bombardier Transportation. Prior to joining Bombardier, Mr. Desjardins was a partner at a Quebec law firm for 15 years. He began his career at National Bank of Canada.

He has been Chair of the Board of the Legal Leaders for Diversity Trust Fund since 2014 and is Chair of the Board of the Pointe-à-Callière Museum. Mr. Desjardins has received numerous professional awards and has twice been named one of Canada’s 25 most influential lawyers. In 2017, the Barreau du Québec awarded him the Advocatus Emeritus distinction in recognition of his exceptional professional career.

Mr. Desjardins holds a law degree from the Université de Montréal and a Master of Laws degree from McGill University.

NOTES: 
(2) Member of the Corporation Governance and Human Resources Committee.
(3) Member of the Audit Committee.
(4) Member of the Special Committee.