Dual-Listing Guide for International Public Companies

15 The following charts demonstrate the listing fees and annual sustaining fees for TSX and TSXV based on a variety of market caps. TSX MARKET CAPITALIZATION Listing Fees Sustaining Fees 50M $76,750 $18,500 100M $140,250 $25,000 250M $200,000 $41,500 Maximum $200,000 $135,000 TSX Listing Fees: International Interlisted Issuers are eligible for a 25% discount. TSX Sustaining Fees: In the first year of listing, International Interlisted Issuers are eligible for a 25% discount off of the annual sustaining fee. Thereafter, Eligible International Interlisted Issuers are eligible for a 25% discount off of the annual sustaining fee. Eligible Secondary Market Issuers are eligible for a 50% discount off of the annual sustaining fee. TSXV MARKET CAPITALIZATION Listing Fees Sustaining Fees 10M $38,500 $6,600 25M $58,500 $8,250 50M $70,000 $11,000 100M $70,000 $16,500 250M $70,000 $33,000 Maximum $70,000 $90,000 The Exchanges’ listing fees are subject to change. The current fee schedule is available at https://www.tsx.com/ listings/listing-with-us/listing-guides/listing-costs. Issuers are advised in advance of any fee schedule changes.

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