Pat De Marco

Welcome to DAVIDsTEA's 2026 Annual Meeting. The meeting will come to order. I am Pat De Marco, Lead Director of DAVIDsTEA. Again, this year, DAVIDsTEA asked all shareholders to vote by proxy prior to the meeting, which many of you have done, and to participate in this meeting by audio webcast. Thank you for joining us. We will now start the meeting. With the consent of the meeting, I will act as Chairman.

Also with the consent of the meeting, I will ask Neil Wiener of Fasken to act as Secretary of the meeting and Isabelle Vachon and Cassandra Vieira Lopes of TSX Trust Company to act as scrutineers. To report on the shareholders present in person and the number of shares represented in person or by proxy at this meeting, to compute the votes on any ballot taken at this meeting and to report thereon to me as Chairman.

We will first conduct the official business of this meeting, after which Sarah Segal, Chief Executive Officer and Chief Brand Officer of DAVIDsTEA, will provide an update on the company. There are several routine matters to be dealt with at this meeting. To expedite matters, I have arranged for certain persons to make and second the various motions. The election of directors and the special resolution to amend articles will be by ballot. Unless a ballot is requested by a registered shareholder or a proxy holder, all other votes at this meeting will be conducted by voice vote.

Based on proxy forms and voting information forms submitted