Trade Matching & Settlement

TO: All Trade-matching Parties acting on behalf of, or executing a trade with:

Frontenac Mortgage Investment Corporation (“FMIC”) provided in accordance with National Instrument 24-101-“Institutional Trade matching and Settlement” and Companion Policy 24-101CP( the“ National Instrument”). It applies to all trades that are subject to the National Instrument.

We confirm that we have established, maintain, and enforce policies and procedures designed to achieve matching in accordance with the National Instrument.