TSX Ex-Dates Transition to T+2

July 21, 2017

In connection with the settlement cycles in Canadian and U.S. capital markets being shortened to trade date plus two business days (T+2) from trade date plus three business days (T+3), 2017, the TSX is making certain amendments to the TSX Company Manual effective September 5, 2017. In particular the change to T+2 results in the ex-dates for dividends, distributions and other corporate actions being reduced to one business day prior to the record date as will be reflected in the amendments. For further information, please see TSX Notice of Housekeeping Rule Amendments (July 13, 2017).

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