The Company has filed a registration statement (including a prospectus) and a preliminary prospectus supplement in the United States and a final short form base shelf prospectus and a preliminary prospectus supplement in each of the provinces and territories of Canada pursuant to the multijurisdictional disclosure system established between Canada and the United States (“U.S.”) for the offering to which this communication relates. Before you invest, you should read the short form base shelf prospectus in that registration statement, the short form base shelf prospectus, the preliminary prospectus supplement and the other documents the Company has filed with the SEC or the Canadian Securities Administrators (“CSA”) for more complete information about the Company and the Remarketing. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov or on SEDAR+ at www.sedarplus.com.

Alternatively, the Company or any Remarketing Agent participating in the Remarketing will arrange to send you the prospectus if you request it by calling BofA Securities, Inc. toll-free at 1-800-294-1322; CIBC World Markets Corp. at 1-800-282-0822; or RBC Capital Markets, LLC at 1-866-375-6829.

An investment in the Notes is subject to certain risks. Prospective purchasers should therefore carefully consider the disclosure with respect to the Company included and incorporated by reference in the Company’s final short form base shelf prospectus, the preliminary prospectus supplement, any other applicable shelf prospectus supplement and amendments to the foregoing.

Purchasers of the Notes should be aware that the acquisition of the Notes may have tax consequences both in the U.S. and in Canada. Such consequences may not be described fully in the Company’s final short form base shelf prospectus, the preliminary prospectus supplement, and any other applicable shelf prospectus supplement and any amendments to the foregoing. Purchasers of the Notes should read the tax discussion contained in the Company’s final short form base shelf prospectus, the preliminary prospectus supplement, any other applicable shelf prospectus supplement and any amendments to the foregoing and consult their own tax advisors.

The enforcement by investors of civil liabilities under U.S. federal securities laws may be affected adversely by the fact that the Company is incorporated under the laws of Canada, that most of its officers and directors are residents of Canada and that a portion of the assets of the Company and said persons are located outside the U.S.

This Remarketing of Notes is being made by a Canadian issuer that is permitted, under the multijurisdictional disclosure system adopted by the United States and Canada, to prepare a prospectus in accordance with Canadian disclosure requirements. Purchasers of the Notes should be aware that such requirements are different from those of the United States.

Neither the U.S. Securities and Exchange Commission nor any state or Canadian securities regulator has approved or disapproved the Notes or determined if the Company’s final short form base shelf prospectus, preliminary prospectus supplement, or any other applicable prospectus supplement to be filed in connection with the offering of the Notes is truthful or complete. Any representation to the contrary is a criminal offence.

The Notes will not be listed or posted for trading on any securities exchange. Accordingly, there will be no market through which the Notes may be sold and purchasers may not be able to resell securities purchased under the prospectus. This may affect the pricing of the Notes in the secondary market, the transparency and availability of trading prices, the liquidity of the Notes and the extent of issuer regulation.