2501500 ONTARIO INC. AND 2540280 ONTARIO INC.

On July 4, 2023, 2501500 Ontario Inc. (“250”) and 2540280 Ontario Inc. (“254”, and together with 250, the “Companies”) each filed a Notice of Intention to Make a Proposal (the “NOI”) under section 50.4(1) of the Bankruptcy and Insolvency Act (“BIA”) and Harris & Partners Inc. (“HPI”) consented to act as the Proposal Trustee.

On July 21, 2023, by order of the Honourable Justice Kimmel (the “Order”) of the Ontario Superior Court of Justice (the “Court”), HPI was appointed as the sales officer (the “Sales Officer”) of the Properties.

250100 Ontario Inc. and 2540280 Ontario Inc. were deemed to have filed assignments on the 5th day of January 2024, and Harris & Partners Inc., was appointed as the Licensed Insolvency Trustee by the official receiver, subject to the affirmation by the creditors of the trustee’s appointment or substitution of another trustee by the creditors.