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ANALYSTS

Laurentian Bank Securities, Vincent Perri, CA, CFA 514.350.2876

GMP Securities, Martin Landry, CA 514-288-4016

The research reports of these analysts express the opinion of their authors. Garda has provided this information solely for your reference. The fact that Garda has provided this information does not constitute the Corporation's agreement with or endorsement of any of the statements contained in the reports of these analysts, nor does it constitute a representation that Garda has relied upon any such statements.