Audit Committee

Martin Lefrançois became a Vice-President at Intact Insurance in 2007. Since 2018, he has been in charge of the Finance and Operational Performance teams, who handle operational and financial management for the province of Quebec. He began his career with belairdirect in 1996 as a sales and customer service agent and subsequently held various positions in the project, operations and underwriting areas. He has worked on a variety of projects, including new product introductions, systems integrations and process improvements, and various operational expansion projects following acquisitions.

Beyond work, Martin Lefrançois prioritizes family time with his partner and their three daughters. His hobbies include manual work, sailing and running. Within his teams, he supports work-family balance, a value reflected in his professional environment.

Luc Reny has been the Senior Advisor of Power Corporation of Canada (“PCC”) since January 1, 2026, after serving as PCC’s Vice President from 2005 to 2025. He was also Vice President of Power Financial Corporation from 2009 to 2020. During his career with PCC, which began in 1989, he has held a number of management positions, notably in human resources and administration, and is now President of Square Victoria Real Estate. He began his career in 1983 at the Caisse de dépôt et placement du Québec as a financial analyst.

Luc Reny sits on several boards, including those of Liberty Spring (chairman of the Audit Committee) and ADF Group. He is also a member of the Advisory Committee of Gestion B and is active in the philanthropic sector, notably as Chairman of the Board of Directors of the Armand-Frappier Foundation. He holds degrees from Université Laval and the Université de Sherbrooke as well as the CFA designation. He has the ASC designation from the Collège des administrateurs de sociétés.

Martin Gingras has nearly thirty years of experience in the Canadian financial sector. He is an established visionary leader who has steered high-impact transformations. Throughout his career, he has consistently drove the growth of every team and sector he has managed. He excels at implementing innovative customer- and employee-centric strategies. His leadership fosters collaborative, inclusive and high-performance environments. Martin Gingras is currently Senior Vice‑President for Personal Banking Solutions and Distribution Strategy at National Bank. In this role, he oversees the creation and execution of strategies for all personal banking channels.

Martin Gingras joined the Board of Directors of Fondation Olo in 2018 and now serves as its Chair. He holds a Bachelor of Commerce degree from HEC Montréal and is a member of the Ordre des CPA du Québec. Father of two teenagers, he cultivates work-life balance through sport and cooking, passions he shares with his family.