On May 3, 2021, Dollarama Inc announced that it has received a shareholder proposal from Movement for Education and Defense of Shareholders. The following are the proposals: 1) compensation consultants for executive compensation: separate contract, 2) high abstention votes against two directors, 3) corporate purpose and commitment, and 5) virtual meetings and shareholders’ rights. In addition, the Company stated that these proposals will not be presented for voting at its annual general meeting scheduled to be held on June 29, 2021 and Movement for Education and Defense of Shareholders agreed to withdrawn.