New rates announced:
With respect to any Series 2 Shares that remain outstanding on September 30, 2019, holders
thereof will be entitled to receive fixed rate cumulative preferential cash dividends on a quarterly
basis, as and when declared by the Board of Directors of the Company and subject to the
provisions of the Business Corporations Act (Ontario). The dividend rate for the five-year period
commencing on September 30, 2019 to, but excluding September 30, 2024, will be 5.284%, being
equal to the sum of the five-year Government of Canada bond yield as at September 3, 2019, plus
4.10%, as determined in accordance with the terms of the Series 2 Shares.
With respect to any Series 3 Shares that remain outstanding on September 30, 2019, holders
thereof will be entitled to receive floating rate cumulative preferential cash dividends on a
quarterly basis, calculated on the basis of actual number of days elapsed in each quarterly floating
rate period divided by 365, as and when declared by the Board of Directors of the Company and
subject to the provisions of the Business Corporations Act (Ontario). The dividend rate for the
three-month period commencing on September 30, 2019 to, but excluding, December 31, 2019,
will be 5.74%, being equal to the sum of the three-month Government of Canada Treasury bills
yield preceding September 3, 2019, plus 4.10%, as determined in accordance with the terms of the
Series 3 Shares.