Hamilton Street Railway Company Shareholder

That the agenda for the Hamilton Street Railway Company Shareholder meeting of September 4, 2025, be approved, as presented.

The minutes of the September 24, 2024 (Item 5.1) meeting of the Hamilton Street Railway Company Shareholder, be adopted, as presented.

WHEREAS City of Hamilton is the sole shareholder of the Corporation (“Shareholder”); AND WHEREAS City of Hamilton is authorized to hold shares in the Corporation and to exercise the rights attributed thereto, pursuant to Subsection 11.9(1) of the City of Hamilton Act, 1999, S.O. 1999, c.14, Sched. C (“Act”), but the Corporation is not an Offering Corporation within the meaning ascribed to that term in the Business Corporations Act, R.S.O. 1990, c. B.16 (“OBCA”); AND WHEREAS City of Hamilton has a duty to manage the affairs of the Corporation, pursuant to Subsection 11.9(2) of the Act; AND WHEREAS the Council of the City of Hamilton are sitting as representatives of the Shareholder (City of Hamilton) for the Corporation; NOW THEREFORE the Council of the City of Hamilton, acting in its capacity as representative of the Shareholder (City of Hamilton) of the Corporation, RESOLVES AS FOLLOWS: 1. Audit Exemption BE IT RESOLVED THAT, in accordance with the provisions of the OBCA, the Shareholder hereby consents to the Corporation being exempt from the requirements of Part XII of the OBCA regarding the appointment and duties Please refer to the September 17, 2025 Council minutes for the disposition of these matters. Hamilton Street Railway Company Shareholder September 4, 2025 Minutes 25-001 Page 3 of 5 of an auditor for the financial year of the Corporation ending December 31, 2023. 2. Confirmatory Actions BE IT RESOLVED THAT the officers of the Corporation are, and each acting alon