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Attention Cominar Unitholders:

About the Arrangement Agreement

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Presentation

This presentation reiterates key information for Unitholders set out in the management information circular filed by Cominar on November 24, 2021 (the “Circular”). The contents of this presentation are qualified in their entirety by the Circular, and Unitholders are urged to carefully review the Circular to fully understand the numerous reasons to support the Arrangement. The Circular is available higher on this page and under Cominar’s profile on SEDAR.