FIRST AFFILIATED

The First Affiliated group of companies is made up of the following:

First Affiliated Holdings Inc. (“FAH”) is a multi-family office organization which provides Family Office Services. These services involve the preparation of strategic financial plans and coordinating the implementation of the recommendations related to those plans. This includes working with qualified practitioners selected by FAH’s clients to implement estate planning, tax planning, cash flow management, risk management, succession, and retirement planning.

FAH also provides general portfolio research and planning, money manager due diligence, monitoring of portfolio and investment manager performance, and detailed quarterly investment performance reporting.

FAH is not licensed to advise on or trade in securities and will refer clients to suitably licensed advisors for these services where appropriate.

First Affiliated Family Office Group Inc. (“FAFOG”) is registered in the category of Portfolio Manager under the provisions of the Securities Act (Ontario), and under MI 11-102 Passport System in the provinces of Ontario, Alberta, British Columbia, New Brunswick, and Nova Scotia. FAFOG is responsible for the provision of all recommendations, advice and execution of trades related to discretionary investment management decisions on behalf of its clients. A client will be required to complete a Client Account Opening application when engaging the services of FAFOG specifically. FAFOG will prepare and agree with each client on an Investment Policy Statement to guide investment recommendations provided by FAFOG. Client portfolios will typically be allocated to qualified third party investment managers as recommended by FAFOG and agreed to by the client, either through a sub-advisory agreement or through investment in suitable investment products managed by these third-party investment managers.

First Affiliated Securities Inc. (“FAS”) is an Exempt Market Dealer (EMD). FAS is licensed to trade limited partnership offerings and principal guaranteed products under its EMD license. FAS is responsible for the provision of all recommendations, advice and execution of trades related to these products when implemented through the FAS dealership and its back-office trading system. A client will be required to complete a Client Account Opening application when engaging the services of FAS specifically.

All fees to be paid by a client to FAH, FAS, or FAFOG will be agreed to directly with the applicable company. FAS and FAFOG will not pay any referral fees to FAH. For convenience, a client may be billed a single, inclusive fee for the services of each entity that they are doing business with within the First Affiliated group of companies. In this case, the fees being paid to each entity will be clearly specified to the client.

Approved Persons of FAS and FAFOG are also employees of First Affiliated Holdings Inc. (“FAH”).

The services provided by FAH are not the business of, and are not the responsibility of, FAS or FAFOG.