Thomson Reuters Corporation
A global information and technology company that supplies data, software, and news to professionals in law, tax, accounting, and media. Its well-known products include Westlaw, the legal research platform used by lawyers and law students, and the Reuters news agency, whose dispatches appear in outlets worldwide. The company was formed in 2008 when Canada's Thomson Corporation, a newspaper empire started by Roy Thomson in 1934, bought the British news agency Reuters, founded in 1851 by Paul Julius Reuter. A fun detail: before telegraph lines were complete, Reuter used carrier pigeons to shuttle stock prices between Aachen and Brussels, beating competitors to the news.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| THOMSON INVESTMENTS LIMITED | 13D/AActivist | 70.56% | 312.52M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| THE WOODBRIDGE COMPANY LIMITED | 13D/AActivist | 67.91% | 300.79M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| 1908720 ONTARIO LIMITED | 13D/AActivist | 45.7% | 202.32M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| 1000706525 ONTARIO LIMITED | 13D/AActivist | 19.1% | 84.80M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| 1396164 Ontario Limited | 13D/AActivist | 2.9% | 13.16M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| LCC INVESTMENTS CORP. | 13D/AActivist | 0.4% | 1.78M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| 1761173 ONTARIO LIMITED | 13D/AActivist | 0.32% | 1.42M | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| TLT ISSUE HOLDCO CORP. | 13D/AActivist | 0.17% | 759.8K | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| 2677295 ONTARIO LIMITED | 13D/AActivist | 0.16% | 697.0K | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||
| TLT INVESTMENTS CORP. | 13D/AActivist | 0.12% | 530.2K | Apr 17, 2026 |
See Item 5(c) for a discussion of certain transactions by the Reporting Persons in the Common Shares. Thomson Investments Limited, Woodbridge and the other Reporting Persons plan to maintain their controlling interest in Thomson Reuters. From time to time, each of the Reporting Persons may acquire or dispose of Common Shares for liquidity and other reasons. Although there are currently no plans or proposals other than with respect to the acquisition or disposition of less than one half of one percent of the outstanding Common Shares for liquidity or other reasons as noted above, the Reporting Persons may consider or develop plans or proposals in the future that relate to items (a) through (j) below. This may include, but not be limited to, increasing or decreasing their investment in Common Shares and/or engagement with Thomson Reuters, other shareholders, advisors or third-parties with respect to Thomson Reuters' strategy, corporate governance including director nominees, capital structure and strategic alternatives. Except as disclosed herein, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, their respective directors and executive officers, has any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of Thomson Reuters, or the disposition of securities of Thomson Reuters; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Thomson Reuters; (c) a sale or transfer of a material amount of assets of Thomson Reuters; (d) any change in the present Board or management of Thomson Reuters, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of Thomson Reuters; (f) any other material change in Thomson Reuters's business or corporate structure; (g) changes in the charter, bylaws or instruments corresponding thereto of Thomson Reuters or other actions which may impede the acquisition of control of Thomson Reuters by any person; (h) causing a class of securities of Thomson Reuters to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Thomson Reuters becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to any of those enumerated above. On April 15, 2026, Woodbridge announced that its new President and CEO, Michael Medline will stand for election to the board of directors of Thomson Reuters (the "Board") at the upcoming annual meeting of shareholders to be held on June 10, 2026 (the "AGM"). Following his election, Mr. Medline will serve on the Board as a representative of Woodbridge. Information regarding Mr. Medline is included in Thomson Reuters' management proxy circular for the AGM. Under a Third Amended and Restated Thomson Reuters Trust Principles Support Agreement, dated as of October 1, 2018, between Woodbridge and Thomson Reuters Founders Share Company Limited (attached as Exhibit 4), Woodbridge has agreed to support the Thomson Reuters Trust Principles (the "Trust Principles") and to exercise its voting rights to give effect to this support and the Thomson Reuters Founders Share Company has irrevocably designated Woodbridge as an approved person for so long as Woodbridge is controlled by members of the Thomson family, companies controlled by them and trusts for their benefit. The Trust Principles read as follows: _ That Reuters shall at no time pass into the hands of any one interest, group or faction; _ That the integrity, independence and freedom from bias of Thomson Reuters shall at all times be fully preserved; _ That Reuters shall supply unbiased and reliable news services to newspapers, news agencies, broadcasters and other media subscribers and to businesses, governments, institutions, individuals and others with whom Reuters has or may have contracts; _ That Thomson Reuters shall pay due regard to the many interests which it serves in addition to those of the media; and _ That no effort shall be spared to expand, develop and adapt the news and other services and products of Thomson Reuters so as to maintain its leading position in the international news and information business. | ||||