8-K: Enbridge Inc. Announces Notice of 2025 Annual Meeting of Shareholders

Enbridge Inc. is holding its 2025 Annual Meeting of Shareholders virtually on May 7, 2025, and has begun mailing the notice and access materials to shareholders.

Summary

• Enbridge Inc. has announced its 2025 Annual Meeting of Shareholders, which will be held virtually via live audio webcast on May 7, 2025, at 1:30 p.m. Mountain Time.
• The company has started mailing the Notice of the Annual Meeting and Notice of Availability of Meeting Materials to shareholders.
• Shareholders can access the 2025 Management Information Circular, the 2024 Annual Report, and other related materials online at enbridge.com/investment-center/notice-and-access or sedarplus.ca.
• The meeting will cover the election of 12 directors, the appointment of PricewaterhouseCoopers LLP as independent auditors, and an advisory vote on executive compensation.
• Shareholders can request paper copies of the meeting materials free of charge until March 21, 2026.
• Voting instructions must be received by 1:30 p.m. Mountain Time on Monday, May 5, 2025.

Sentiment

Score: 7

Explanation: The document is a standard corporate communication regarding the annual meeting, indicating a neutral to slightly positive sentiment due to the efficient and environmentally conscious approach to delivering meeting materials.

Positives

• Enbridge is using notice-and-access to deliver meeting materials, which is environmentally friendly and cost-effective.
• Shareholders have multiple options for voting, including internet, telephone, and mail.
• The company provides a user guide for attending the virtual annual meeting.
• Paper copies of the meeting materials are available upon request at no cost to shareholders.

Risks

• Internal network security protocols including firewalls and VPN connections may block access to the Lumi platform for the meeting.
• Non-registered holders who wish to attend and participate at the meeting must carefully follow the instructions set out on their voting instruction form and in the management information circular relating to the meeting, in order to appoint and register themselves as proxy, otherwise they will be required to login as a guest.

Future Outlook

The company will continue to engage with shareholders through virtual meetings and provide access to important documents online.

Industry Context

The use of virtual meetings and notice-and-access is becoming increasingly common among publicly traded companies to reduce costs and environmental impact while ensuring shareholder access to important information.

Comparison to Industry Standards

• Many companies, such as Suncor Energy and Canadian Natural Resources, are also using virtual annual meetings to engage with shareholders.
• The notice-and-access method is a standard practice in Canada, aligning with regulations set by Canadian securities regulators.
• Comparable companies like TC Energy also provide online access to meeting materials and offer multiple voting options.

Stakeholder Impact

• Shareholders are provided with convenient access to meeting materials and multiple voting options.
• The use of notice-and-access reduces the environmental impact of printing and mailing paper copies.
• The virtual meeting format allows for broader participation from shareholders regardless of location.

Next Steps

• Shareholders should review the Management Information Circular and 2024 Annual Report.
• Shareholders should vote their shares by the deadline of May 5, 2025.
• Shareholders can attend the virtual Annual Meeting on May 7, 2025.

Key Dates

Keywords

Annual Meeting, Shareholders, Enbridge, Virtual Meeting, Proxy Voting, Notice and Access, Directors, Auditors, Executive Compensation