Dollarama Inc

The Audit Committee has been delegated the primary risk oversight responsibility, including with respect to cybersecurity, ESG risk oversight, and reports periodically to the Board of Directors on its findings. More specifically, the Audit Committee is responsible to ensure that risks or exposures facing the Corporation, including emerging information technology risks and cybersecurity risks, are identified, assessed, monitored and appropriately managed and mitigated, to review and approve the Corporation's financial and ESG disclosure, including the ESG report, to approve ESG strategies and opportunities driven by management, including with respect to the Corporation's climate strategy, and to report to the Board of Directors on priorities, challenges and progress.

##### ESG GOVERNANCE

|ESG GOVERNANCE|Col2|Col3|Col4|
|---|---|---|---|
|BOARD OF DIRECTORS • Oversees Dollarama's corporate strategy, enterprise risk management • ESG matters embedded in Board mandate and all Board committee charters framework, corporate governance policies and human capital management • Ongoing engagement with various stakeholders regarding ESG • Maintains oversight of ESG-related risks and opportunities and delegates • Ensures Dollarama has appropriate and timely ESG disclosure oversight and monitoring of specific ESG matters to appropriate Board committees|||||
|AUDIT COMMITTEE • Oversees ESG risks associated with operations and supply chain • Receives and reviews quarterly reports from management on ESG-related risks, strategies and opportunities, including climate strategy • Assesses adequacy and effectiveness of management's ability to monitor, manage and mitigate ESG risks • Reviews ESG disclosure|HUMAN RESOURCES AND COMPENSATION COMMITTEE • Reviews policies and practices related to human capital management, including from an ESG perspective • This includes those related to corporate culture, recruitment, retention, incentives, advancement, as well as practices for supporting diversity and inclusion and health and safety in the workplace||NOMINATING AND GOVERNANCE COMMITTEE • Develops and enhances the Corporation's approach to matters of corporate governance, including Board diversity, ethics and fair business practices • Assesses, develops, recommends and implements corporate governance policies and guidelines, including from an ESG perspective • Oversees the management of human rights risks in the Corporation's operations and supply chain and reviews disclosure in that regard|
|MANAGEMENT COMMITTEE • Identifies ESG risks and opportunities • Reports to the Board of Directors and its • Engages with shareholders on ESG issues and • Develops and implements ESG strategies committees on ESG risks and opportunities provides feedback to the Management Committee in alignment with business priorities and and the Board of Directors stakeholder interests|||||
|CHIEF FINANCIAL OFFICER • Leads the Corporation's ESG and climate strategy, including reporting progress to the Audit Committee • Engages with internal and external stakeholders on ESG matters||ESG STEERING COMMITTEE • Implements and tracks projects in support of the Corporation's ESG strategy • Monitors and identifies ESG and climate-related opportunities, risks, trends and regulations in support of the Management Committee Comprised of: • Chief Financial Officer1 • Senior Vice President, Replenishment1 • ESG Manager • Senior Director, Legal Affairs • Senior Vice President, Human Resources1 and Privacy Officer • Senior Vice President, Import Division1 • Director, Regulatory Affairs, • Senior Vice President, Legal Affairs Compliance and Quality Assurance and Corporate Secretary1 1 Member of the Management Committee, reports directly to the President and CEO|||
|ESG MANAGER • Dedicated ESG Manager responsible for supporting the development, execution and disclosure of the Corporation's ESG strategy, reporting directly to the CFO • Coordinates and supports internal stakeholders, including through capacity building • Assesses relevance of best and emerging ESG practices||||