Fixed Income Directory

AB(AllianceBernstein L.P)

Contact: Wendy Brodkin, Vice-president/ Managing Director, Canada

Address: BCE Place 161 Bay St. 27th floor, Toronto, ON, M5J 2S1

Management Style: Yield Curve, Credit, Structured Products, Index, Quantitative

Other Management Style: Multi-Asset

Passive Management Indicies: Not Applicable

Ownership: Principals -65.30%, Public -21.40%, Third Party -13.30% AllianceBernstein Directors, Officers and employees

Professional Staff: 119 Established: 1971

Performance Presentation Standards AllianceBernstein Institutional Investments and AllianceBernstein Investments (collectively, the “Firm”) have designed their processes and procedures to calculate and present performance results in compliance with Global Investment Performance Standards (GIPS).

Minimum Investment

Pooled: Minimum Investment varies by strategy Separate: Minimum Investment varies by strategy

ACM ADVISORS LTD.

Contact: Chad Mallow, President

Address: 210 - 1140 Homer St., Vancouver, BC, V6B 2X6

Management Style: Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 12 Established: 1993

Minimum Investment

Pooled: $150,000

Addenda Capital Inc.

Contact: Michel Jalbert, Executive Vice-president, Business Development & Client Partnerships

Address: 800, René-Lévesque Blvd. W., Montréal, QC, H3B 1X9

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized

Passive Management Indicies: FTSE TMX Canada Long Term Provincial Bond & Customized Hybrid Benchmarks

Ownership: Principals -, Public -, Third Party - Co-operators Financial Services Limited - 92.27%; Current and former employees - 7.73%

Professional Staff: 36 Established: 1985

Performance Presentation Standards Addenda Capital Inc. claims compliance with the Global Investment Performance Standards (GIPS®). Addenda Capital Inc. has been independently verified for the periods from January 1, 2007 through December 31, 2019. The verification report is available upon request. Verification assesses whether (1) Addenda Capital Inc. has complied with all the composite construction requirements of the GIPS® standards on a firm-wide basis and (2) the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS® standards. Verification does not ensure the accuracy of any specific composite presentation.

Minimum Investment

Pooled: $5M Separate: $20M

AlphaFixe Capital

Contact: Stéphane Corriveau, President

Address: 1800 McGill College Ave., Ste. 2420, Montreal, QC, H3A 3J6

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Ownership: Principals -100% Employee owned, Public -, Third Party -

Professional Staff: 15 Established: 2008

Minimum Investment

Amundi Canada

Contact: Tanya Bishop, Senior Vice-president

Address: 120 Adelaide St W. Ste 2201, Toronto, ON, M5H 1T1

Management Style: Yield Curve, Credit, Structured Products, Quantitative

Ownership: Principals -, Public -30, Third Party -70 Credit-Agricole

Professional Staff: 100 Established: 1950

Performance Presentation Standards GIPS

Minimum Investment

Pooled: 5,000,000 Separate: 20,000,000

Aviva Investors

Contact: Rahul Khasgiwale, Investment Director, Americas

Address: 100 King St., Toronto, ON, M5X 2A2

Management Style: Credit

Passive Management Indicies: No.

Ownership: Principals -, Public -, Third Party -100 Wholly owned subsidiary of Aviva plc.

Professional Staff: 54 Established: 1971

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $500,000 Separate: N/A

Baker Gilmore & Associates Inc.

Contact: Brent Wilkins, Head of Institutional Sales

Address: 1800 McGill College Ave., Ste. 2310, Montreal, QC, H3A 3J6

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Value-driven approach over a long-term investment horizon; multiple, diversified strategies.

Ownership: Principals -50%, Public -, Third Party -50% Connor, Clark & Lunn Financial Group Ltd.

Professional Staff: 6 Established: 1988

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $10M

Barings

Contact: Michael Annis, Managing Director

Address: N/A, Toronto, ON, N/A

Management Style: Yield Curve, Credit

Other Management Style: Duration

Ownership: Principals -, Public -, Third Party -100% Wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company

Professional Staff: 257 Established: 1940

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies by product Separate: Varies by product

BMO Global Asset Management

Contact: Ross Kappele, Head of Distribution & Client Management

Address: 1 First Canadian Place, 100 King St. W., 43rd Floor, Toronto, ON, M5X 1A1

Management Style: Yield Curve, Credit, Structured Products, Index

Other Management Style: ESG

Passive Management Indicies: FTSE Canada 20+ Strip Bond Index

Ownership: Principals -, Public -, Third Party -100% BMO Financial Group

Professional Staff: 6 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $100M

BNY Mellon Asset Management

Contact: Michael Parsons, Vice-president, Sales & Marketing

Address: One York Street Suite 601, Toronto, ON, M5V 3C7

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: Established:

Minimum Investment

BRANDES INVESTMENT PARTNERS

Contact: Tim Newburn, Director, Institutional Group

Address: 33 Yonge St., Ste. 300, Toronto, ON, M5E 1G4

Management Style: Credit

Other Management Style: Bottom-Up Value approach aimed at finding mis-priced securities across sectors and industries.

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1974

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $10M

Burgundy Asset Management Ltd.

Contact: Sylvie Methot, CFA, Vice-president

Address: 181 Bay St., Ste. 4510, Brookfield Place, Bay Wellington Tower, Toronto, ON, M5J 2T3

Management Style: Credit

Ownership: Principals -100%, Public -0%, Third Party -0%

Professional Staff: 3 Established: 1990

Performance Presentation Standards GIPS® (Global Investment Performance Standards) verified as of December 31, 2019.

Minimum Investment

Pooled: $5 million Separate: $10 million

Burkett Asset Management Limited

Contact: Gareth Lindstrom, Associate Portfolio Manager

Address: 200 - 3561 Shelbourne St., Victoria, BC, V8P 4G8

Management Style: Yield Curve, Credit

Ownership: Principals -100, Public -, Third Party -

Professional Staff: 2 Established: 2015

Minimum Investment

Separate: 1

CANSO INVESTMENT COUNSEL LTD.

Contact: Patrick McCalmont, Portfolio Manager

Address: 100 York Blvd., Ste. 550, Richmond Hill, ON, L4B 1J8

Management Style: Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 28 Established: 1997

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M

Capital Group Canada

Contact: Kevin Martino, Senior Vice-president, Relationship Manager

Address: Brookfield Place, 181 Bay St., Ste. 3730, Toronto, ON, M5J 2T3

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Fundamental Research

Ownership: Principals -100, Public -, Third Party -

Professional Staff: 75 Established: 1931

Performance Presentation Standards GIPS

Minimum Investment

Pooled: 15 million Separate: 100 million

CI Global Asset Management

Contact: Kin Chin, Senior Vice-president

Address: 2 Queen St. E., 19th Floor, Toronto, ON, M5C 3G7

Management Style: Yield Curve, Credit, Structured Products

Ownership: Principals -8%, Public -92%, Third Party -

Professional Staff: 16 Established: 1965

Minimum Investment

Pooled: $1M Separate: $50M

CI Institutional Asset Management

Contact: Bradley Hicks, Senior Vice-president

Address: 2 Queen St. E., 19th Floor, Toronto, ON, M5C 3G7

Management Style: Yield Curve, Credit, Structured Products

Ownership: Principals -8.80%, Public -91.20%, Third Party -

Professional Staff: 17 Established: 1965

Minimum Investment

Pooled: $1M Separate: $50M

CIBC Asset Management Inc.

Contact: Doug MacDonald, Managing Director & Global Head of Distribution

Address: 161 Bay St., Ste. 2230, Toronto, ON, M5J 2S1

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Other Management Style: Multi-alpha

Passive Management Indicies: FTSE Universe Bond Index, FTSE Short-term Bond Index, FTSE Long-term Bond Index, FTSE Real Return Bond, Customized Liability Benchmark

Ownership: Principals -, Public -, Third Party -100% Member of the CIBC group of companies, wholly-owned by Canadian Imperial Bank of Commerce

Professional Staff: 23 Established: 1972

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M

Cidel Asset Management Inc.

Contact: Catherine Jackman, CFA, Senior Institutional Director

Address: 60 Bloor St. W. - Ste. 900, Toronto, ON, M4W 3B8

Management Style: Yield Curve, Credit, Index

Ownership: Principals -100%, Public -, Third Party - Cidel Bank and Trust

Professional Staff: 4 Established: 1959

Performance Presentation Standards GIPS

Minimum Investment

Pooled: 150,000 Separate: 5,000,000

Connor, Clark & Lunn Investment Management Ltd.

Contact: Brent Wilkins, Head of Institutional Sales (Canada), Connor, Clark & Lunn Financial Group

Address: 2200-1111 W. Georgia St., Vancouver, BC, V6E 4M3

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -71.40%, Public -, Third Party -28.60% Connor, Clark & Lunn Financial Group Ltd.

Professional Staff: 17 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $15M

Desjardins Global Asset Management

Contact: Natalie Bisaillon, Vice-president, Business Development and Client Relations

Address: 1 Complexe Desjardins, 20th South Tower, Montreal, QC, H5B 1B2

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Bond Index and Customized Indices

Ownership: Principals -, Public -, Third Party -100% Wholly-owned subsidiary of the Desjardins Group

Professional Staff: 14 Established: 2003

Minimum Investment

Pooled: $10M Separate: $25M

Federated Hermes, Inc.

Contact: David Gregoire, Vice-president

Address: 1001 Liberty Ave., Pittsburgh, PA, 15222

Management Style: Yield Curve, Credit, Structured Products, Quantitative

Other Management Style: Federated Hermes has approximately 62 asset class styles as of September 30, 2020.

Passive Management Indicies: N/A

Ownership: Principals -15.00%, Public -85.00%, Third Party - The firm is privately-controlled and publicly-traded on the NYSE. Voting shares are held in a trust among founding family members. Employee ownership approximates 15% of the traded shares.

Professional Staff: 106 Established: 1955

Performance Presentation Standards On 6/30/17, ACA Performance Services, LLC (“ACA”), part of ACA Compliance Group, acquired the GIPS verification and investment performance services business line of Ashland Partners & Company, LLP. Our most current GIPS verification letter is dated 09/30/2020.

Minimum Investment

Pooled: Varies by product Separate: USD $25M, however, this is negotiable.

FIDELITY CANADA INSTITUTIONAL

Contact: Michael Barnett, Executive Vice-president, Institutional

Address: 483 Bay St., Toronto, ON, M5G 2N7

Management Style: Yield Curve, Credit, Structured Products

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 217 Established: 1987

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $7.5M Separate: $100M (Minimum investment for Canadian fixed income strategies)

FIERA CAPITAL CORPORATION

Contact: Michael Quigley, Executive Vice-president and Head of Institutional Markets

Address: 1981 McGill College Ave., Montreal, QC, H3A 0H5

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized

Other Management Style: Core+, Strategic, Relative Value

Ownership: Principals -17, Public -, Third Party - For additional information, visit Fiera Capital Corporation’s investor relations page at https://www.fieracapital.com/en/investor-relations.

Professional Staff: 26 Established: 2003

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $20M

Foyston, Gordon & Payne Inc.

Contact: Kimberley Woolverton, Executive Vice-president, Head of Distribution

Address: 1 Adelaide St.E., Ste. 2600, Toronto, ON, M5C 2V9

Management Style: Yield Curve, Credit

Ownership: Principals -37%, Public -, Third Party -63% Affiliated Managers Group

Professional Staff: 6 Established: 1980

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $5M

FRANKLIN TEMPLETON

Contact: Bill Tsotsos, Head of Institutional

Address: 200 King St. W., Ste. 1400, Toronto, ON, M5H 3T4

Management Style: Yield Curve, Credit, Immunized, Quantitative

Other Management Style: Domestic Fixed Income (Canadian), Emerging Market Debt, Global Sovereigns, Local Asset Management, Mortgages/ABS, Corporate High Yield & Investment Grade, Municipals, Bank Loans & Low Duration, Private Credit

Ownership: Principals -36%, Public -64%, Third Party -

Professional Staff: 170 Established: 1971 (Franklin Templeton Fixed Income Group)

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $20M-$250M (depending on the mandate)

Guardian Capital LP

Contact: Robin Lacey, Head of Institutional Asset Management

Address: 199 Bay St, Commerce Court W., Ste. 3100, Toronto, ON, M5L 1E8

Management Style: Yield Curve, Credit, Structured Products, Immunized

Ownership: Principals -, Public -, Third Party -100% Guardian Capital Group Limited

Professional Staff: 8 Established: 1962

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: Varies by Mandate

HSBC Global Asset Management (Canada) Limited

Contact: Ramy Zakher, Vice-president, Institutional Investments

Address: Ste. 300, 70 York St., Toronto, ON, M5J 1S9

Management Style: Yield Curve, Credit

Ownership: Principals -, Public -, Third Party - Indirect wholly-owned subsidiary of HSBC Holdings plc

Professional Staff: 4 Established: 1980

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M

Invesco Canada Ltd.

Contact: Michael Peck, Vice-president, Head of Canadian Institutional

Address: 120 Bloor St. E., Ste. 700, Toronto, ON, M4W 1B7

Management Style: Yield Curve, Credit, Structured Products

Other Management Style: Credit Selection - 80%; Yield Curve - 10%; Interest Rate Anticipation - 10%

Ownership: Principals -7%, Public -93%, Third Party -

Professional Staff: 177 Established: 1981

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $25M

J Zechner Associates Inc.

Contact: David Cohen, President

Address: 130 Adelaide St. W., Ste. 1701, Toronto, ON, M5H 3P5

Management Style: Yield Curve, Credit

Other Management Style: Interest Rate Anticipation

Passive Management Indicies: N/A

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1993

Performance Presentation Standards CFA Institute

Minimum Investment

Pooled: $150,000 Separate: $10M

Leith Wheeler Investment Counsel

Contact: Ben Homsy, CFA, Fixed Income Portfolio Manager

Address: 1500-400 Burrard St., Vancouver, BC, V6C 3A6

Management Style: Yield Curve, Credit

Other Management Style: Duration

Ownership: Principals -, Public -, Third Party - 100% Employee-owned

Professional Staff: 11 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $3M Separate: $10M

LINCLUDEN INVESTMENT MANAGEMENT

Contact: Wayne Wilson, Vice-president

Address: 201 City Centre Dr., Ste. 201, Mississauga, ON, L5B 2T4

Management Style: Yield Curve, Credit

Other Management Style: Value

Ownership: Principals -40%, Public -, Third Party -

Professional Staff: 3 Established: 1982

Minimum Investment

Pooled: $150,000 Separate: $10M

Lorica Investment Counsel Inc.

Contact: Joanne Nahibuan, Manager, Marketing & Client Services

Address: 130 Spadina Ave., Ste. 801, Toronto, ON, M5V 2L4

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 2 Established: 2010

Minimum Investment

Separate: $6M

Louisbourg Investments

Contact: Emerson Savage, Institutional Portfolio Manager

Address: 1000-770 Main St., Moncton, NB, E1C 1E7

Management Style: Yield Curve, Credit, Index, Immunized

Ownership: Principals -30%, Public -0%, Third Party -70% Assumption Mutual Life Insurance Company

Professional Staff: 3 Established: 1991

Performance Presentation Standards Do not currently follow GIPS.

Minimum Investment

Pooled: 500000 Separate: 1000000

Mackenzie Investments

Contact: Mark Sack, Vice-president, Head of Canadian Institutional

Address: 180 Queen St. W., Toronto, ON, M5V 3K1

Management Style: Yield Curve, Credit, Index, Quantitative

Passive Management Indicies: Solactive

Ownership: Principals -, Public -, Third Party -100% IGM Financial Inc. Mackenzie Investments is a wholly owned subsidiary of IGM Financial Inc. (“IGM”). IGM (Ticker: TSX/IGM) is a publicly listed company of which Power Financial Corp. (Ticker: TSX/PWF) has a controlling interest of approximately 62.1% of outstanding shares (as of September30, 2020) with the remaining shares broadly held. The parent company of Power Financial Corporation is Power Corporation of Canada (Ticker: TSX/POW).

Professional Staff: 22 Established: 1967

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $20M

Manulife Investment Management

Contact: Adam Neal, Head of Distribution - Canada

Address: NT5, 200 Bloor St. E., Toronto, ON, M4W 1E5

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Index & FTSE Long Term Bond Index

Ownership: Principals -0.00%, Public -0.00%, Third Party -100.00% Manulife Financial Corporation

Professional Staff: 25 Established: 1949

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5 Million CAD Separate: $10 Million CAD for Equity, $25 Million CAD for Fixed Income

Matthews Asia

Contact: Jonathan Schuman, Global Head of Sales and Client Services

Address: 4 Embarcadero Center, Ste. 550, San Francisco, CA, 94111

Management Style: Credit

Ownership: Principals -36.50%, Public -, Third Party -63.50% Please refer to the fully diluted ownership structure below as of December 31, 2020. Matthews International Capital Management, LLC Ownership Structure: Ownership Entity; % of Ownership; Management,36.5%, RBC USA HoldCo Corp. 18.6%, Lovell Minnick Partners LLC 21.4%, Mizuho Bank Limited 16.6%, Miscellaneous Investors 6.9%, Total 100%

Professional Staff: 3 Established: 1991

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $150 K CDN (Institutional Class Shares) Separate: $150 M CDN

MAWER INVESTMENT MANAGEMENT LTD.

Contact: Rob Campbell, Institutional Portfolio Manager

Address: Suite 830, Box 43, 333 Bay St., Toronto, ON, M5H 2R2

Management Style: Yield Curve, Credit

Passive Management Indicies: N/A

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1974

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $50M

MFS Investment Management Canada Limited

Contact: Christine Girvan, Senior Managing Director, Head of Canadian Distribution

Address: 77 King St. W., 35th Floor, Toronto, ON, M5K 1B7

Other Management Style: Asset & Sector Allocation, Security Selection, Duration & Yield Curve, Region, Currency

Ownership: Principals -Up to 20%, Public -, Third Party - Remainder is owned by Sun Life Financial, Inc.

Professional Staff: 104 Established: 1924

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $3M

Ninety One

Contact: Katherine Tweedie, Country Head, Canada

Address: 65E. 55th St., New York, NY, 10022

Management Style: Credit

Ownership: Principals -22, Public -54, Third Party -24 Investec plc

Professional Staff: 48 Established: 1991

Performance Presentation Standards GIPS

Minimum Investment

Separate: 75m

NISA Investment Advisors, LLC

Contact: Greg Johnson, Director, Client Services

Address: 101 S. Hanley Rd., St. Louis, MO, 63105

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Custom liability focused

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 139 Established: 1994

Performance Presentation Standards Performance Presentation Standards: NISA Investment Advisors, LLC claims compliance with the Global Investment Performance Standards (GIPS®) and prepares performance reports in compliance with the GIPS standards. NISA Investment Advisors, LLC has been independently verified for the periods of January 1, 1995 through June 30, 2020. Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm's policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. Verification does not ensure the accuracy of any specific composite presentation.

Minimum Investment

Pooled: Currently, all NISA managed portfolios are separately managed accounts. Separate: NISA does not have a stated minimum portfolio size but a minimum fee may be applicable. All fees are documented in the IMA.

NORTHERN TRUST ASSET MANAGEMENT

Contact: David Lester, Senior Vice-president

Address: 1910-145 King St. W., Toronto, ON, M5H 1J8

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Bond, FTSE Canada Long-Term Bond, FTSE Canada Long-Term Broad Market Bond, J.P. Morgan USD Emerging Markets Bond, Markit iBoxx USD Liquid High Yield

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: Established: 1979

Minimum Investment

Pooled: $10,000,000 Separate: $20,000,000

Optimum Asset Management

Contact: Brigitte Gascon, Senior Vice-president, Operations and Development

Address: 425 de Maisonneuve Blvd. W., Ste. 1620, Montreal, QC, H3A 3G5

Management Style: Yield Curve, Credit, Structured Products, Immunized, Quantitative

Other Management Style: FTSE Canada Universe, FTSE Long-Term Canada, FTSE Canada Provincial and other

Passive Management Indicies: FTSE Canada Universe, FTSE Long-Term Canada, Mix of FTSE Canada Universe & FTSE Long-Term Canada and other

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 12 Established: 1985

Minimum Investment

Pooled: $100,000 Separate: $5M

PGIM Fixed Income

Contact: Brad Blalock, Managing Director and Global Head of the Client Advisory Group

Address: 655 Broad St., 10th Floor, Newark, NJ, 7102

Management Style: Yield Curve, Credit, Structured Products

Other Management Style: Active, global, top-down and bottom-up relative value approach

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: 323 Established: 1875

Performance Presentation Standards GIPS (Global Investment Performance Standards)

Minimum Investment

Pooled: Varies by strategy Separate: Varies by strategy

PH&N Institutional

Contact: John Skeans, Head of Consultant Relations

Address: 200 Burrard St., 20th Floor, Vancouver, BC, V6C 3N5

Management Style: Yield Curve, Credit, Structured Products, Immunized

Ownership: Principals -, Public -, Third Party -100% PH&N Institutional is a division of RBC Global Asset Management Inc. which is 100% owned by Royal Bank of Canada

Professional Staff: 42 Established: 1964

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies depending on mandate, minimum fee of $75,000 per annum applies Separate: Varies depending on mandate, minimum fee of $150,000 per annum applies

Pictet Asset Management

Contact: Gian Carlo Siracusa, Senior Business Development Manager

Address: 1000 de la Gauchetiere W., Ste. 3100, Montreal, QC, H3B 4W5

Management Style: Yield Curve, Credit

Other Management Style: Emerging Market Debt, Global Sovereigns, Absolute Return Fixed Income, Corporate High Yield and Investment Grade, Sustainable Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 107 Established: 1980 (Parent - 1805)

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies by strategy Separate: Varies by strategy

Picton Mahoney Asset Management

Contact: Connor Haslip, Vice-president, Institutional Business

Address: 33 Yonge St., Toronto, ON, M5E 1G4

Management Style: Yield Curve, Credit, Structured Products, Quantitative

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 7 Established: 2004

Minimum Investment

Pooled: $25,000 Separate: $25,000,000

PIMCO

Contact: Adrian Sequeira, Vice-president

Address: 199 Bay St., Ste. 2050, Toronto, ON, M5L 1G2

Other Management Style: Active fixed income management with long-term focus utilizing all major global sectors of the bond market while managing duration within a moderate range around the benchmark

Ownership: Principals -, Public -, Third Party - Indirect subsidiary of Pacific Investment Management Company LLC

Professional Staff: 892 Established: 1971

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $75M

QV Investors Inc.

Contact: Rada Dyki, Communications Manager

Address: 1008, 222 - 3 Ave. SW, Calgary, AB, T2P 0B4

Management Style: Yield Curve, Credit

Ownership: Principals -, Public -100, Third Party -

Professional Staff: 2 Established: 1996

Performance Presentation Standards QV does not run composites and therefore cannot claim GIPS compliance. In September 2013, QV engaged the services of Ashland Partners and Company LLP (now ACA Compliance Group) to verify the performance of QV’s nine managed strategies. The verification letters from 2007 to Q3 2020 are available upon request.

Minimum Investment

Pooled: $500,000 Separate: $10 million

Romspen Investment Corporation

Contact: Jaclyn Shaw, Assistant Vice-president Investor Relations, Business Development

Address: 162 Cumberland St., Ste. 300, Toronto, ON, M5R 3N5

Other Management Style: Mortgage

Ownership: Principals -82, Public -0, Third Party -0 TIG Advisors LLC owned 18% as of December 31, 2019

Professional Staff: 8 Established: 1966

Performance Presentation Standards Current yield

Minimum Investment

Pooled: 150,000 Separate: Not applicable

Russell Investments Canada Limited

Contact: Andrew Kitchen, Managing Director, Canada Institutional

Address: 100 King St. W., Suit 5900, Toronto, ON, M5X 1E4

Other Management Style: Multi-manager

Ownership: Principals -, Public -, Third Party - Ownership composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments' management.

Professional Staff: Established: 1936

Minimum Investment

SEAMARK Asset Management Ltd.

Contact: Beste Alpargun, Vice-president - Fixed Income

Address: 400-1718 Argyle St, Halifax, NS, B3J 3N6

Management Style: Yield Curve, Credit, Immunized

Ownership: Principals -, Public -, Third Party -

Professional Staff: 1 Established:

Performance Presentation Standards GIPS

Minimum Investment

SLC Management

Contact: Heather Wolfe, Head of Canadian Business Development

Address: 1 York St., Toronto, ON, M5J 0B6

Management Style: Credit, Immunized

Ownership: Principals -, Public -, Third Party - SLC Management is an indirect wholly-owned subsidiary of Sun Life Financial Inc., a publicly traded company listed on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Professional Staff: 149 Established: 2013

Performance Presentation Standards The Firm claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. Sun Life Capital Management (Canada) Inc. has been independently verified for the periods August 1, 2013 through June 30, 2019.

Minimum Investment

Pooled: Varies Separate: Varies

State Street Global Advisors

Contact: Harrison Sanders, Officer

Address: 1 Iron St., Boston, MA, 2210

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Ownership: Principals -, Public -, Third Party - State Street is a publicly traded company on the NYSE24

Professional Staff: 46 Established: 1978

Performance Presentation Standards We adhere to GIPS Compliance standards

Minimum Investment

Pooled: 24 Separate: 88

Sun Life Global Investments

Contact: Anne Meloche, Head of Institutional Business

Address: 1 York St., Toronto, ON, M5J 0B6

Management Style: Yield Curve, Credit, Index

Other Management Style: Canadian Bonds - Active: multi-strategy/multi-manager, Global Unconstrained (absolute return)

Passive Management Indicies: FTSE Canada Universe Bond Index

Ownership: Principals -, Public -, Third Party -100% Sun Life Financial

Professional Staff: Established: 2010

Performance Presentation Standards N1 81-102 Investment funds regulatory requirement. (1, 3, 5, 10 yr, plus since inception if no 10 yr)

Minimum Investment

Pooled: N/A Separate: N/A

T. ROWE PRICE

Contact: Bruce Winch, Head of Canada

Address: 77 King St W Ste. 4240, Toronto, ON, M5K 1G8

Management Style: Credit

Other Management Style: We implement a bottom-up, fundamental investment approach across all of our fixed income strategies, performing deep and focused credit research.

Passive Management Indicies: Barclays Capital U.S. Aggregate Bond Index (TRP US Bond Index Fund)

Ownership: Principals -, Public -100%, Third Party - T. Rowe Price Group, Inc. is a publicly traded company, with substantial employee ownership. Common stock owned outright by our associates, combined with outstanding vested stock options and unvested restricted stock awards, total nearly 8% of the firm's outstanding shares and outstanding vested stock options at December 31, 2019. T. Rowe Price distributes equity through both our employee stock purchase program and a stock incentive plan offering options and restricted stock: All employees are eligible to participate in the employee stock purchase program, and the firm will match the purchase of company stock up to a certain percentage of each employee's salary. Approximately 76% of employees own company stock.

Professional Staff: 212 Established: 1937

Performance Presentation Standards T. Rowe Price (“TRP”) has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®). TRP has been independently verified for the 24‐year period ended June 30, 2020 by KPMG LLP. The verification report is available upon request.

Minimum Investment

Pooled: Varies by strategy & product Separate: Varies by strategy & product

TD Asset Management Inc.

Contact: Mark Cestnik, Managing Director

Address: 161 Bay St., 34th Floor, Toronto, ON, M5J 2T2

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Other Management Style: Duration Extension, Active Fundamental

Passive Management Indicies: FTSE Canada Universe Bond, FTSE Canada 20+ Strip Bond Index, FTSE Canada Real Return Bond, FTSE Canada Long Bond, FTSE Canada Long Govt. Bond, FTSE Canada Corp. Bond, FTSE Canada Govt. Bond, FTSE Canada Provincial Long Bond, FTSE TMX Canada Mid-term Provincial Bond Index, FTSE Canada Long Corporate, FTSE Canada All Government Bond Index; FTSE Canada long term overall bond index; FTSE Canada Long term government bond index; FTSE Canada Long Term provincial Bond index

Ownership: Principals -, Public -, Third Party - Wholly-owned subsidiary of Toronto-Dominion Bank

Professional Staff: 69 Established: 1987

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M (Active) $200M (Passive)

The Canada Life Assurance Company

Contact: Craig Christie, Vice-president, Institutional Investment Solutions, Group Customer, Canada Life

Address: 100 Osborne St. N., Winnipeg, MB, R3C 3A5

Management Style: Yield Curve, Credit, Index

Other Management Style: Interest Rate Anticipation

Passive Management Indicies: FTSE Canada 20+ Universe Bond Index

Ownership: Principals -, Public -, Third Party -100% Great-West Lifeco Inc.

Professional Staff: 5 Established: 1847

Performance Presentation Standards Values of funds determined daily by segregated funds financial services department

Minimum Investment