On November 11, 2025, Calian Group Ltd. (TSX:CGY), a mission-critical solutions company focused on defence, space, healthcare, and other strategic infrastructure sectors, has announced the acceleration of its ongoing board renewal process and the formation of a temporary board committee to oversee actions related to certain non-core assets. This move follows a co-operation agreement with Plantro Ltd., one of the company’s largest shareholders. As part of the board renewal, George Weber and Kevin Ford will retire from the board as previously announced, and Jo-Anne Poirier has advised that she will not stand for re-election at the next annual meeting. Earlier this year, Lisa Greatrix, Josh Blair, and Eric Demirian joined the board, and incoming CEO Patrick Houston will join following his formal appointment on January 1, 2026. Calian is actively searching for additional highly qualified director candidates, with a professional search firm engaged for this purpose. The temporary committee, comprised of Blair, Demirian, and Val Sorbie, will act as a resource for management and facilitate board oversight of non-core asset divestitures.

Stephen Halperin, a highly respected M&A lawyer with extensive public company director experience and recommended by Plantro, has been engaged as special advisor to the committee. The co-operation agreement also includes customary standstill and non-disparagement provisions effective until November 1, 2026.