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Element’s Angelique Magi Named One of Canada’s Most Powerful Women by WXN

Recognized for bold leadership, innovation, and advancing women in transportation and insurance

TORONTO, ON, October 30, 2025 – Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world proudly announces that Angelique Magi, Vice President, Risk Solutions, Insurance, has been named one of the 2025 Canada’s Most Powerful Women: Top 100 Award winners by the Women’s Executive Network (WXN). Magi joins an exceptional group of 102 women leaders celebrated for transforming industries, organizations, and communities across the country through vision, courage, and purpose.

Since joining Element in 2023, Magi spearheaded the creation of Element Risk Solutions, a fully integrated risk management offering designed to transform how clients insure and manage commercial fleets.

“Angelique has established herself as a key leader within the organization, combining deep industry knowledge with the ability to translate complex risk concepts into business outcomes,” says David Madrigal, Executive Vice President and Chief Commercial Officer at Element Fleet Management. “Beyond her technical expertise and business acumen, Angelique’s visible commitment to diversity, equity, and inclusion – particularly in an industry where women remain underrepresented – adds depth to her professional impact. Her contributions reflect the caliber of leadership this award seeks to recognize, and we are incredibly proud of her.”

Beyond her business impact, Magi is a respected mentor, advocate, and community builder. As a founding member of Women with Drive and a board member of the Traffic Injury Research Foundation, she has championed safety, inclusion, and the advancement of women in transportation and insurance. Her recognition as Trucking HR Canada’s 2023 Leader of the Year underscores her influence in creating pathways for women to thrive in male-dominated sectors.

“Being recognized by WXN alongside so many inspiring leaders is a true honour,” says Angelique Magi, Vice President, Risk Solutions. “Throughout my career, I’ve been fortunate to learn from exceptional mentors and to work in industries that have challenged me to think differently. This is why I’m motivated and passionate about what we’re building at Element: a team that unites strategy and purpose, and where diverse perspectives and collaboration drive better outcomes for our clients, team members, and communities.

Honourees for Canada’s Most Powerful Women: Top 100 Award are selected by WXN’s Global Alliance for Inclusive Leadership, a coalition of leading organizations dedicated to advancing women in leadership and fostering inclusive workplaces. This year’s theme, “Rise Boldly,” celebrates ambitious and courageous leaders who are driving impact and leaving a lasting legacy.

To view the full list of the 2025 Canada’s Most Powerful Women: Top 100 Award winners, visit: https://wxnetwork.com/

About Element Fleet Management

Element Fleet Management (TSX: EFN) is the largest publicly traded pure-play automotive fleet manager in the world. As a Purpose-driven and client-centric company, we deliver value through scalable, sustainable, and technology-enabled fleet and mobility solutions. With operations across North America, Australia, New Zealand, Ireland, and a growing global footprint through our technology platform Autofleet, we provide our clients with end-to-end fleet management services — from vehicle acquisition, maintenance, and risk management to route optimization, electric vehicle integration, and remarketing. At Element, we combine our fleet management expertise with advanced digital capabilities to unlock real-time data insights, dynamic planning tools, and advanced optimization that enhances the cost efficiency and vehicle productivity of our clients’ fleets. For more information, please visit: elementfleet.com.

Element Contact Information:

Media Contact:

Amanda Mills Sirois

Senior Manager, Corporate Affairs

(437) 352-1050

amillssirois@elementcorp.com

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