Shareholder Communication Services

The record date should be set at least 35 days before the meeting provided. If utilizing Notice & Access, the  set the record date no less than 40 days before the meeting.

National Instrument 54-101 specifies a record date “shall be no fewer than 30 and no more than 60 days before the meeting date for Non-Notice & Access mailings and no fewer than 40 and no more than 65 days before the meeting date for Notice & Access mailings (refer to NI 54-101, section 2.1 (b) and Section 2.7.8).

The record date should be set at least five days earlier than the minimum requirement. Once your dates are set, you must advise the Securities Regulatory Authority, relevant Stock Exchanges, and Depositories of your record date, Meeting Date, and meeting type through a SEDAR filing.

Marrelli Trust Company Limited will prepare your Notice of Meeting and record dates and distribute it to the appropriate authorities. Please let us know if you wish for us to file on SEDAR on your behalf.

Please provide these details to Marrelli Trust Company Limited four weeks before your record date.

Marrelli Trust Company Limited will arrange publication of your Meeting Date notice in the Globe and Mail and La Presse (when applicable) via the Canadian Depositary for Securities (CDS) on your behalf as required by regulations. Regulatory Requirement [Section 5.2 NI-54-101; Section 134 CBCA; Reg. 43.3]: 7 days before your record date your Meeting Date must be published via CDS or in a national newspaper.  Your ad will appear in the Globe and Mail on Monday and/or La Presse on Tuesday provided it is filed before the close of business on the preceding Tuesday.

You are required by regulation to initiate a material search and distribute search cards to intermediaries for your mailing requirements to beneficial securityholders.

• Distribute search cards to intermediaries at least 20 days before the record date [Section 2.3 NI 54-101]
• Provide the undertaking form to Marrelli Trust Company Limited 20 days before the record date [NI 54-101 F9]
• Request Participant Listing from CDS at least 25 days before the record date [Section 2.3 NI 54-101]

National Instrument 54-101 provides Issuers with the option to mail meeting materials directly to Non-Objecting Beneficial Owners (NOBOs). NOBOs are beneficial owners who have indicated that the Issuer can know who they are.

Beneficial securityholders have the option of being an Objecting Beneficial Owner (OBO) which means that their contact and ownership information must remain private. Beneficial securityholders are investors who hold their securities through an Intermediary. The Intermediary typically holds the securities through a depository. Therefore, the name of the beneficial securityholder does not appear on the share register.

National Instrument 54-101 allows an Issuer to mail material directly to their NOBO securityholders, by requesting record date securityholder information from the Intermediaries following the process set out in National Instrument 54-101.

Marrelli Trust Company Limited requests NOBO securityholder information on your behalf and manages the tabulation of any votes received.

• Regulations require setting the Record Date with a minimum of 30 and a maximum of 60 days before Meeting Date (see note 2)
• MTCL requires printed materials at least 2 business days (and no later than 24 hours) prior to Mailing Date.
• Broadridge Canada requires receipt material at least 3 business days prior to Mailing Date
• Broadridge US requires receipt of material at least 5 business days prior to Mailing Date.

      For Notice and Access

• A Voting Instruction Form or Notice and the Proxy must be included in the proxy package.
• Holders must have the ability to request a full proxy package at no charge to them, for one year.
• Any requests for materials received before the meeting date must be fulfilled within three business days. Fulfillment must be completed within ten calendar days for requests after the meeting date.
• Proxy materials must be posted on SEDAR and a non-SEDAR site for one year from the date of the mailing.

Please speak to your legal counsel to determine your specific requirements.

• Regulatory deadline requires at least 21 days plus 4 business days before Meeting Date to send materials to beneficial holders (NI 54-101, section 2.12)
• If utilizing Notice & Access, the material must be distributed at least 30 days before the meeting date, and material sent to intermediaries must be sent at least 33 or 34 days before the meeting date, depending on the mailing method to be used (NI 54-101 sections 2.9 and 2.12)

Best practices suggest setting your proxy cut-off time 48 hours before the meeting

Having a proxy cut-off of 48 hours before the meeting allows time to:

• Incorporate Broadridge data feeds into the final results
• Conduct final tabulation audits
• Generate reports
• Prepare final voting lists and databases required for the meeting registration

Regulations require setting the Meeting Date with a minimum of 30 and a maximum of 60 days after Record Date. Please verify your company’s requirements based on incorporation and/or special by-law provisions (see note 2)

Marrelli Trust Company Limited offers Scrutineering Services to ensure that your meeting runs smoothly and that voting integrity is maintained. We also finalize the tabulation onsite and ensure your final results are ready for presentation. If ballots are required, our Scrutineer will objectively oversee the counting of the vote and ensure that the proxy voting rules are followed. Once the tabulation is complete, we provide you with the final tabulations on resolutions voted upon by proxy and at the Meeting.