2 2 1 The following table outlines the breakdown of fees paid in ca sh versus fees credited in DSUs during the year ended December 31, 2021 and the total DSUs accumulated during the year ended December 31, 2021. Director Fees/DSUs Breakdown (in C$) Name Fees DSU Total fees Total fees Total fees Number o f Dividend Grant o f Total earned (1) election paid in accrued in credited in DSUs (3) equivalents (3) DSUs (4) number o f percentage cash cash (2) DSUs DSUs (3) David Harquail $135,000 0% $101,250 $33,750 Nil Nil 16 1,395 1,411 Tom Albanese $45,000 100% Nil Nil $45,000 268 124 1,395 1,787 Derek Evans $75,000 100% Nil Nil $75,000 446 196 1,395 2,037 Catharine Farrow $45,000 0% $33,750 $11,250 Nil Nil 119 1,395 1,514 Louis Gignac (5) $54,808 50% $19,904 $7,500 $27,404 162 156 1,395 1,713 Maureen Jensen $45,000 100% Nil Nil $45,000 268 19 1,395 1,682 Jennifer Maki (6) $65,208 0% $47,708 $17,500 Nil Nil 31 1,395 1,426 Randall Oliphant (7) $49,792 0% $38,542 $11,250 Nil Nil 101 1,395 1,496 David Peterson (8) $20,769 100% Nil Nil $20,769 129 50 478 657 Elliott Pew $45,000 100% Nil Nil $45,000 268 29 1,395 1,692 Notes (1) Fees paid or payable to the directors were payable in Canadian dollars. (2) Represents cash fees payable for the fourth quarter of 2021 which were paid in 2022. (3) Represents Conversion DSUs. Fractional DSUs have been rounded. (4) Represents the Annual DSU Grant. (5) Mr. Gignac was appointed as Chair of the CESGC as of May 5, 2021. The figures reported in the table include amounts received by Mr. Gignac as Chair of the CESGC from the date of his appointment. (6) Ms. Maki was appointed as Chair of the ARC as of March 11, 2021. The figures reported in the table include amounts received by Ms. Maki as Chair of the ARC from the date of her appointment. (7) Mr. Oliphant ceased serving as Chair of the ARC as of March 11, 2021. The figures reported in the table include amounts received by Mr. Oliphant as Chair of the ARC up to his last day of service as Chair of the ARC. (8) Mr. Peterson did not stand for re-election at the 2021 annual meeting of the Corporation. The figures reported in the table reflect amounts received by Mr. Peterson up to his last day of service including as Chair of the CESGC. Directors’ Equity Investment Requirements With a view to aligning the interests of direct ors with those of shareholders, each director that is not a salaried officer or employee of the Corporation is required to hold a minimum equity investment in the Corporation equivalent in value to three times the Annual Retainer in the form of common shares of the Corporation and/or DSUs held pursuant to the DSU Plan. Each director has a period of three years from the date of his/her first election by shareholders or appointment by the Board, as applicable, to satisfy the minimum equity investment requirement. Under the Equity Ownership Policy for Direct ors, if a director has not achieved the minimum equity investment at the time of any options being exercised by the director, he or she shall be required to continue to hold at least 50% or such lesser number of common shares issuable upon the exercise of such options as required to achieve the minimum equity ownership requirements. Howe ver, no options have been granted to