METRO INC. announces the retirement of Réal Raymond, Chairman of the Company's Board of Directors. His retirement will take effect at the conclusion of METRO INC.'s coming annual general meeting of shareholders (AGM) on January 26, 2021, when Pierre Boivin, a current independent director of the Board, will become Chairman, assuming he is re-elected by the shareholders at the AGM. Following a distinguished career at the National Bank of Canada where he held various positions, including President and Chief Executive Officer, Mr. Raymond joined METRO INC.'s Board of Directors in 2008. He became Lead Director in 2010 and then Chairman of the Board in 2015. Mr. Pierre Boivin was appointed to METRO INC.'s Board of Directors in 2019. He is President and Chief Executive Officer of Claridge Inc., From 1999 to 2011, Mr. Boivin was President and Chief Executive Officer of the Club de hockey Canadien Inc., the Bell Centre and evenko.