22 unchanged sentences
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
−Removed: Except as set forth above in Part I under “Information About Our Executive Officers” and in the paragraph below, the information required by Item 10 has been omitted from this Annual Report on Form 10-K, and is incorporated by reference to the sections “Election of Directors,” “Corporate Governance,” “Board Composition” and “Section 16(a) Beneficial Ownership Reporting Compliance” (if applicable) in our definitive Management Information Circular and Proxy Statement for the 2025 Annual Meeting of Shareholders, which we will file with the SEC pursuant to Regulation 14A within 120 days after the end of our 2024 fiscal year.
+Added: Except as set forth above in Part I under “Information About Our Executive Officers” and in the paragraph below, the information required by Item 10 has been omitted from this Annual Report on Form 10-K, and is incorporated by reference to the sections “Election of Directors,” “Corporate Governance,” “Board Composition” and “Delinquent Section 16(a) Reports” (if applicable) in our definitive Management Information Circular and Proxy Statement for the 2026 Annual Meeting of Shareholders, which we will file with the SEC pursuant to Regulation 14A within 120 days after the end of our 2025 fiscal year.
We have adopted a Code of Conduct and Ethics that applies to our officers, including our principal executive officer, principal financial officer, principal accounting officer and all other officers, directors and employees.
46 unchanged sentences
Bank Trust Company National Association, as trustee (incorporated by reference to Exhibit 4.2 of the Registrant’s Form 8-K filed on June 13, 2024)
+Added: Tenth Supplemental Indenture, dated as of June 4, 2025, by and between Waste Connections, Inc.
+Added: Bank Trust Company, National Association, as trustee (incorporated by reference to Exhibit 4.2 of the Registrant’s Form 8-K filed on June 4, 2025)
Revolving Credit Agreement dated as of February 27, 2024 (incorporated by reference to Exhibit 4.1 of the Registrant’s Form 8-K filed February 29, 2024)
+Added: Amendment No.
+Added: 1 to Revolving Credit Agreement, dated as of May 23, 2025 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on May 27, 2025)
Letter of Credit Facility Reimbursement Agreement, dated as of February 25, 2022, by and between the Registrant and The Bank of Nova Scotia (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on February 25, 2022)
7 unchanged sentences
2016 Incentive Award Plan (incorporated by reference to Exhibit 10.15 of the Registrant’s Form 8-K filed on June 7, 2016)
+Added: Description of Exhibits
Form of Restricted Share Unit Agreement for Non-Employee Directors under the Waste Connections, Inc.
2 unchanged sentences
2016 Incentive Award Plan (incorporated by reference to Exhibit 10.17 of the Registrant’s Form 8-K filed on June 7, 2016)
−Removed: Description of Exhibits
Form of Deferred Share Unit Agreement for Non-Employee Directors under the Waste Connections, Inc.
14 unchanged sentences
Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
−Removed: and Darrell W.
−Removed: Chambliss, effective July 25, 2019 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 10-Q filed on July 30, 2019)
−Removed: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
Little, effective July 25, 2019 (incorporated by reference to Exhibit 10.2 of the Registrant’s Form 10-Q filed on July 30, 2019)
10 unchanged sentences
Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
−Removed: and Matthew S.
−Removed: Black, effective March 30, 2023 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 10-Q filed on April 27, 2023)
−Removed: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
and Ronald J.
3 unchanged sentences
Jackman, effective April 23, 2023 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on April 24, 2023)
−Removed: Description of Exhibits
Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
Hansen, effective July 10, 2023 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 10-Q filed on August 3, 2023)
+Added: Description of Exhibits
Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
3 unchanged sentences
Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
−Removed: Bradley, effective February 1, 2025
+Added: Bradley, effective February 1, 2025 (incorporated by reference to Exhibit 10.26 of the Registrant’s Form 10-K filed on February 13, 2025)
+Added: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
+Added: and Matthew S.
+Added: Black, effective May 19, 2025 (incorporated by reference to Exhibit 10.2 of the Registrant’s Form 10-Q filed on July 24, 2025)
+Added: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
+Added: and Derek Tan, effective May 19, 2025 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on May 20, 2025)
+Added: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
+Added: and Darrell Chambliss, effective July 28, 2025 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on July 30, 2025)
+Added: Separation Benefits Plan Participation Letter Agreement by and between Waste Connections US, Inc.
+Added: and Jason Craft, effective August 9, 2025 (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on August 5, 2025)
Employment Agreement by and between Waste Connections of Canada Inc.
4 unchanged sentences
2020 Employee Share Purchase Plan (incorporated by reference to Exhibit 10.29 of the Registrant’s Form 10-K filed on February 18, 2021)
−Removed: Insider Trading Policy
+Added: Insider Trading Policy (incorporated by reference to Exhibit 19.1 of the Registrant’s Form 10-K filed on February 13, 2025)
Subsidiaries of the Registrant
6 unchanged sentences
Waste Connections, Inc.
−Removed: Compensation Recoupment Policy (incorporated by reference to Exhibit 97.1 of the Registrant’s Form 10-K filed on February 14, 2024)
+Added: Compensation Recoupment Policy
XBRL Instance Document
2 unchanged sentences
XBRL Taxonomy Extension Labels Linkbase Document
+Added: Description of Exhibits
XBRL Taxonomy Extension Presentation Linkbase Document
22 unchanged sentences
February 12, 2026
−Removed: /s/ Matthew S.
−Removed: Senior Vice President – Chief Accounting Officer
+Added: /s/ Derek Tan
+Added: Senior Vice President and Chief Accounting Officer
(principal accounting officer)
23 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.