TO THE LEGISLATIVE ASSEMBLY OF MANITOBA Your Standing Committee on Crown Corporations presents the following as its Second Report. Meetings Your Committee met on January 20, 2026 at 1:00 p.m. in Room of the Legislative Building. Matters under Consideration • Annual Report of the Manitoba Hydro-Electric Board for the fiscal year ending March 31, 2025 Committee Membership • Mr. B RAR • MLA DELA CRUZ • Mr. NARTH • MLA PANKRATZ • Mrs. ROBBINS • Hon. Min. SALA Your Committee elected Mr. BRAR as the Chairperson. Your Committee elected MLA P ANKRATZ as the Vice-Chairperson.

Officials Speaking on Record • Allan Danroth, President and Chief Executive Officer, Manitoba Hydro-Electric Board • Jamie Wilson, Chair of the Board, Manitoba Hydro-Electric Board • Alastair Fogg, Vice President & Chief Financial Officer, Manitoba Hydro-Electric Board Reports Considered and Passed Your Committee considered and passed the following report as presented: • Annual Report of the Manitoba Hydro-Electric Board for the fiscal year ending March 31, 2025 Submitted by, _______________________________ Mr. Diljeet B RAR, Chairperson January 20, 2026