Element Fleet Management Corp. announced that Kathleen (Katie) Taylor has been appointed to the Company?s Board of Directors and will assume the role of Chair effective upon her election as a director at Element?s 2024 annual shareholder meeting (the Meeting), currently expected to be held in May 2024. She will succeed the Company?s current Board Chair, David Denison, who will retire from the Board at the Meeting after completing his five-year term as Chair.

Ms. Taylor currently serves as Chair of Altas Partners, a Toronto based private equity firm. She is also Vice Chair of the Adecco Group AG, and a director of Air Canada and Mattamy Asset Management. Ms. Taylor recently concluded her tenure as a director and chair of the Board of the Royal Bank of Canada and as a director of CPP Investments.

Ms. Taylor is the former President and Chief Executive Officer of Four Seasons Hotels and Resorts. Katie Taylor Biography: Ms. Taylor currently serves as Chair of Altas Partners, a Toronto-based private equity firm. She is also Vice Chair of the Adecco Group AG, a director of Air Canada and Mattamy Asset Management, and the Chair of the Advisory Board of the Cabot Collection.

In her community work, Ms. Taylor is Chancellor of York University, Chair of the Board of Trustees for the Hospital for Sick Children and the immediate past Chair and member of the Board of the SickKids Foundation. Ms. Taylor is the former Chair of the Board of the Royal Bank of Canada, a former director of CPP Investments and the former President and Chief Executive Officer of Four Seasons Hotels and Resorts. Ms. Taylor is a member of the C.D. Howe Institute?s National Council, Co-Chair of their Human Capital Policy Council and a member of the Task Force on the Digital Economy.

She also serves on the Dean?s Advisory Council of the Schulich School of Business. Ms. Taylor holds an MBA from the Schulich School of Business, a law degree from Osgoode Hall Law School, and a Bachelor of Arts (honours) from the University of Toronto. She has also received an honorary Doctor of Laws from the University of Toronto, McGill University, York University, and Trent University, an honorary Doctor of Humane Letters from Mount Saint Vincent University, and an honorary Doctor of Divinity from Huron University.

Ms. Taylor was appointed a Member of the Order of Canada in 2016.