DOL: DOL-ightful: Strong Q1 results reinforce constructive view

Research evidence excerpt

DOL: DOL-ightful: Strong Q1 results reinforce constructive view

Dollarama Inc.

Key sustainability questions

This section is intended to highlight key sustainability discussion points relevant to this company, as well as our views on the outlook. Both the

questions we highlight and our responses will evolve over time as the dialogue between management, analysts and investors continues to

advance. We welcome any feedback on the topics.

Our view

What are the most material Social risk profile of the supply chain: With a significant portion of the offering

sustainability issues facing this sourced from developing countries, key issues related to product sourcing include

company? the promotion of human rights and fair labour practices. Vendors must adhere to a

Code of Conduct that is aligned with OECD guidelines and includes a whistleblower

channel. Equivalent Dollarcity vendor code for direct suppliers in effect since early

F25.

Environmental footprint of the operations: As at FY25, scope 1 and 2 emissions

totaled 2.4 kg CO2e/ft2, down from 3.3 kg CO2e/ft2 in FY20, with FY31 goal currently

under review.

Does the company integrate Each material consideration above has specific internal accountabilities and is

sustainability considerations into its integrated in strategic processes. From a Governance perspective, sustainability

strategy? is incorporated as part of the Enterprise Risk Management process and priority

areas are reviewed by committees of the Board. DOL disclosure is aligned with

Sustainability Accounting Standards Board (SASB) guidelines, and in 2021 the

company began to align its climate strategy with recommendations of the Task Force

on Climate-related Financial Disclosures (TCFD).

The company launched a more comprehensive Code of Conduct and Ethics