Common use of TMX Group Clause in Contracts

TMX Group. Scotia Capital Inc. owns or controls an equity interest in the TMX Group Limited (TMX) and has a nominee director serving on its board. As such, Scotia Capital Inc. may be considered to have an economic interest in the listing of securities on an exchange owned or operated by TMX, including the Toronto Stock Exchange, the TSX Venture Exchange and the Alpha Exchange (each, an “Exchange”). No person or company is required to obtain products or services from TMX or its affiliates as a condition of Scotia Capital Inc. supplying or continuing to supply a product or service. Scotia Capital Inc. does not require the Company to list securities on any of the Exchanges as a condition of supplying or continuing to supply underwriting and/or any other services.