Thomson Reuters Ensures Shareholder Engagement Ahead of Key Meeting and Cash Distribution Proposal

Thomson Reuters Prepares for Special Shareholder Meeting with Significant Proposals

Thomson Reuters is poised for a significant shareholder meeting set for April 28, 2026, aimed at addressing crucial corporate strategies and financial initiatives. The firm files its management proxy circular, setting the stage for discussions centered around a substantial US$605 million cash distribution, equivalent to approximately US$1.36 per common share. This proposal is designed to enhance shareholder value while simultaneously facilitating a share consolidation, or reverse stock split, to align with the cash distribution strategy.

The cash distribution plan is noteworthy not only for its largeness but also for its potential tax implications. Canadian shareholders are anticipated to benefit significantly, as the distribution is expected to be largely tax-free. Meanwhile, eligible shareholders in other jurisdictions, such as the U.S., have the option to opt out of receiving the cash distribution in order to maintain their current number of shares and possibly mitigate tax liabilities. This decision reflects Thomson Reuters' intent to cater to the diverse needs of its shareholder base, enhancing trust and engagement as the company navigates complex financial considerations.

Further transparency regarding the distribution is built into the company’s approach, allowing stakeholders to access detailed information through the management proxy circular. This document is publicly available on the Thomson Reuters website under the Investor Relations section, as well as filed with regulatory agencies like Canadian securities regulators and the U.S. Securities and Exchange Commission. The firm emphasizes accessibility, as hard copies are available at selected Computershare Investor Services offices across Canada.

In conjunction with these developments, Thomson Reuters also updates shareholders on adjustments to the meeting time, moving from noon to 9:00 a.m. EDT. This change aims to facilitate more timely discussions among stakeholders. The firm also enhances accessibility by providing a webcast of the meeting on its website, ensuring that both domestic and international shareholders can stay informed and actively engaged in the decision-making processes shaping the company's future.

As Thomson Reuters prepares to engage with its shareholders, these initiatives illustrate its commitment to transparency, shareholder value enhancement, and a balanced approach to corporate governance.