b'Calgary Stampede32022 Report to the Community2022 was a year of many great accomplishments, especially after starting off with a bit of uncertainty. As we kicked off the new year in January, we did so with volunteersIn October 2022, we put shovels in the ground, officially starting conducting virtual committee meetings and many employees workingconstruction on SAM Centre, which will open in 2024, sharing the from home. Fast forward five months from then, we welcomed ourStampedes stories and history with guests year-round. The Victoria Park community back to Stampede Park with the first full Stampede in threeStampede Station also underwent major construction, with a temporary years, a huge feat in itself.platform opening to make way for greater work on the project. The new Stampede 2022 was about welcoming the community back to Stampedestation and extension of 17 Avenue will create an important connection Park, and bringing everyone Together Againand together we achievedbetween Stampede Park and Calgarys Beltline and Downtown that. Across the 10 days of our annual celebration, we were joined bycommunities, creating a key gateway to Stampede Park. In November more than 1.2 million guests from around southern Alberta and the2022, the final steel beam was placed in the BMO Centre expansion world. We provided a welcomed boost to the local economy, filling hotelproject, completing the buildings steel structure. This $500 million rooms, restaurants, local businesses and more.project, which will see the BMO Centre become Western Canadas largest convention centre, remains on time and on budget, with doors opening in Beyond Stampede 2022, we hosted many major events on StampedeJune of 2024. And in December, we announced the development of a Park this past year. All of these fantastic year-round events are just a fewConvention Centre Hotel on Stampede Park to complement our of the things that contribute towards making Stampede Park a world- world-class BMO Centre expansion project. class gathering place for our community. We also hosted and took part in a number of Agriculture and Western Events, and continued creatingThere is truly no shortage of accomplishments weve achieved overstronger youth for a stronger community through our Youth Programsthe past year, and it is with sincere gratitude that we thank our throughout the year.government partners for the financial assistance as recognized onpage 33 of this report.Together we accomplished a lot in 2022and everything we accomplished would not have happened without the hard work andWe move forward into 2023 with great momentum and sizeable progress dedication of our volunteers and employees. Our Stampede family oncetoward achieving our vision and look forward to continuing this progress again went above and beyond while the organization worked to stabilizefor years to come. and rebuild toward recovery from the pandemic impacts that began in March of 2020 and led to the first cancellation of the annual StampedeSteve McDonoughJoel Cowley festival in more than 100 years.President & Chairman of the Board Chief Executive OfficerThis will be a multi-year road to recovery, but one that will prioritize taking care of our people, our Park, our community and our debt.A successful Stampede 2022 paved the way for this road to recovery, but it is important that we remain financially prudent, while still investing in our people and our tangible assets. It will take a number of years to recover, but we are on track with great optimism. We recognize from the excitement of Stampede 2022 that our community is anxious to experience the joy of gathering together again to create memorable experiences and to take in the unique adventure of the Stampedesiconic celebrations. And of course, we have much to look forward to over the next few years with our exciting Stampede Park Development projects, which will further solidify the Calgary Stampede as a world-class, year-round gathering place for our community.'