Governance

Quebecor considers good governance vital to maintaining a prosperous business and building a corporate culture of integrity that is effective and meets the needs of all stakeholders.

Quebecor ensures that its actions, measures, procedures and policies meet the highest standards of ethics and transparency.

INDEPENDENT MAJORITY ON THE BOARD

As its Chair is not an independent director, Quebecor’s Board of Directors has appointed an independent Vice-Chair and Lead Director.

In addition, the Board’s two committees, the Audit Committee and the Human Resources and Corporate Governance Committee, consist entirely of independent directors.

HIGH ETHICAL STANDARDS

Quebecor, TVA Group, and Videotron regularly review their codes of ethics to ensure compliance with the highest standards of integrity and excellence.

A confidential whistleblower line is available to employees at Quebecor and its subsidiaries at all times so they can enquire about or report any breach of the code of ethics.

THE BOARD LISTENS TO SHAREHOLDERS

The Board of Directors maintains an open, constructive dialogue with shareholders in discussions with shareholder and investor advocacy groups, especially on governance issues.

The Board of Directors has adopted a written policy on candidate selection and is aiming for at least 40% female representation on the Board by 2020. That target was achieved in 2019, with 44% female representation, and will be maintained in 2020.