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    EMP.A   CA2918434077

EMPIRE COMPANY LIMITED

(EMP.A)
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Business Summary
Logo Empire Company Limited
Empire Company Limited is engaged in the business of food retailing and related real estate. The Company's segments include Food Retailing, and Investments and Other Operations. The Food Retailing segment consists of its subsidiary, Sobeys Inc., which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton's Drug Stores, as well as more than 350 retail fuel locations. The Company's Investments and Other Operations segment includes equity accounted interest in Crombie REIT, which is an open-ended real estate investment trust owning a portfolio of over 260 retail and office properties across Canada, and equity accounted interests in Genstar Development Partnership, Genstar Development Partnership II, GDC Investments 4, L.P., GDC Investments 6, L.P., GDC Investments 7, L.P., GDC Investments 8, L.P. and The Fraipont Partnership (collectively, Genstar).
Sales per Business
20202021Delta
Food Retailing26 588.20100%28 268.30100% +6.32%
CAD in Million
Sales per region
20202021Delta
Canada26 588.20100%28 268.30100% +6.32%
CAD in Million
Managers
Name Title Age Since
Michael Medline President, Chief Executive Officer & Director 57 2017
Michael Vels Chief Financial Officer & Executive Vice President 58 2017
Pierre St. Laurent COO-Full Service, EVP-Merchandising & Quebec - 2019
John Robert Sobey Independent Director 71 2012
Karl R. Sobey Independent Director 65 2001
Paul Sobey Independent Director 63 2013
Robert G. C. Sobey Independent Director 53 1998
Frank C. Sobey Independent Director 67 -
Martine Turcotte Independent Director 59 2013
Cynthia Jane Devine Independent Director 56 2013
Members of the board
Name Title Age Since
James Dickson Chairman 62 2016
John Robert Sobey Independent Director 71 2012
Karl R. Sobey Independent Director 65 2001
Paul Sobey Independent Director 63 2013
Robert G. C. Sobey Independent Director 53 1998
Frank C. Sobey Independent Director 67 -
Martine Turcotte Independent Director 59 2013
Cynthia Jane Devine Independent Director 56 2013
Susan Lee Independent Director 68 2014
William W. Linton Independent Director 65 2015
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 167,323,301 166,611,789 99.6% 0 0.0% 62.8%
Stock B 1 98,138,079 0 0.0% 0 0.0%
Shareholders
NameEquities%
CI Investments, Inc. 7,839,522 4.68%
BMO Asset Management, Inc. 7,065,661 4.22%
Fidelity Investments Canada ULC 5,572,863 3.33%
The Vanguard Group, Inc. 4,475,314 2.67%
Mackenzie Financial Corp. 3,403,852 2.03%
Fidelity Management & Research Co. LLC 2,612,492 1.56%
CIBC Asset Management, Inc. 2,204,387 1.32%
Norges Bank Investment Management 2,008,309 1.20%
APG Asset Management NV 1,579,695 0.94%
RBC Global Asset Management, Inc. 1,438,313 0.86%
Holdings
NameEquities%Valuation
CROMBIE REIT EXCH SHS 64,770,332 96.3% 902,898,428 USD
CROMBIE REAL ESTATE INVESTMENT TRUST (CRR.UN) 909,090 0.94% 12,672,715 USD
Company contact information
Empire Co. Ltd.
115 King Street
Stellarton, NS B0K 1S0

Phone : +1.902.755.8371
Fax : +1.902.755.6477
Web : http://www.empireco.ca
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Sector Other Food Retail & Distribution