Item - 2025.EP16.10

The Board of Governors of Exhibition Place:

1. Approved the terms and conditions of the Memorandum of Settlement, set out in Confidential Attachment 1 and Confidential Attachment 1 - Appendix A to the report (April 10, 2025) from the Chief Executive Officer, Exhibition Place, between the Board of Governors of Exhibition Place, and The United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, Local Union 46.

2. Authorized staff to make the necessary amendments to rates of pay and other issues identified as agreed changes to the collective agreement in the Memorandum of Settlement (Confidential Attachment 1 - Appendix A to the report (April 10, 2025) from the Chief Executive Officer, Exhibition Place) and set out in the Confidential Attachment 1 to the report (April 10, 2025) from the Chief Executive Officer, Exhibition Place.

3. Directed that Confidential Attachment 1 and Confidential Attachment 1 - Appendix A to the report (April 10, 2025) from the Chief Executive Officer, Exhibition Place, be released publicly after the ratification of the Memorandum of Settlement by the Board.

Confidential Attachment 1 and Confidential Attachment 1 - Appendix A to the report (April 10, 2025) from the Chief Executive Officer, Exhibition Place are now public and can be accessed under Background Information.

The Collective Agreement between the Board of Governors of Exhibition Place and The United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, Local Union 46, expired on December 31, 2024.

This report outlines the terms of a Memorandum of Settlement attached as Confidential Attachment 1 - Appendix A, that was ratified by the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, Local Union 46 on March 24, 2025, and pending Board approval, would be the basis of a Collective Agreement with the Board, for a three-year (3) term, from January 1, 2025, expiring on December 31, 2027.