Michael Allan Smedley

Canadian General Investments Ltd. operates as a closed-end equity fund, which focuses on medium term to long term investments in Canadian corporations. Its objective is to provide returns to investors through prudent security selection. The company was founded on January 15, 1930 and is headquartered in Toronto, Canada.

Third Canadian General Investment Trust Ltd. was one of the oldest publicly listed closed-end funds in North America. On October 5, 2011, Third Canadian Holdings #1 Ltd. acquired all of the issued and outstanding common shares of Third Canadian (the “Shares”) not currently held by Holdings #1, its associates and affiliates, pursuant to a Plan of Arrangement under the Canada Business Corporations Act (the “Arrangement”). It is headquartered in Toronto, ON.

Canadian World Fund Ltd. operates as a closed-end investment fund. Its objective is to provide its investors with long-term returns by investing in publicly traded companies. The company was founded on January 27, 1994 and is headquartered in Toronto, Canada.

Morgan Meighen & Associates Ltd. (Morgan Meighen) is an independent, Canadian investment manager headquartered in Toronto, Ontario. The firm was founded in 1955 as Maxwell Meighen & Associates Ltd. and changed its name to Morgan Meighen & Associates Ltd. in 2000. Morgan Meighen provides investment management services to private clients, institutional clients, and closed-end fund investors.