TERMINATION SELECTION STATEMENT continued for :

Mark Thomas Holand | 20702 556

OPTION 2 - Payment of Commuted Value of Pension

You are entitled to a locked-in payment of the portion of the commuted value of your

monthly pension for all pensionable service that is within the Income Tax Act limit in $40,641
the amount of

PLUS
A cash payment of the portion of the commuted value of your monthly pension that is in 13.870
excess of the Income Tax Act limit, in the amount of $

This option is available to you only until age 55, which is the earliest retirement age for your pension plan. By selecting this option
you waive your right to a monthly pension payment from the plan.

The Commuted value amounts are guaranteed until November 27, 2026.

The commuted value has been calculated using an interest rate assumption of 3.80% per year for the first 10 years and 5.10%
thereafter, with a pension escalation assumption of 1.10% per year for the first 10 years and 1.20% per year thereafter.

The commuted value has been computed in accordance with the Standards of Practice issued by the Canadian Institute of
Actuaries.

If you select the commuted value option as your termination of employment benefit, you are accepting this amount as final
payment of your pension benefit entitlement. Your commuted value benefit will not be amended in the event that pension data
reported from your employer changes after payment of the commuted value benefit to you.

If you choose this option, your decision cannot be changed once your payment has been processed.

Plan Member: Return this completed page to the pension plan, if applicable.

PC/PSPP 2006-043 (Page 8) 2024.02.02 2026-07-22 13:35:51