DISTRICT OF: DIVISION NO.: 04 - Vernon COURT NO.: ESTATE NO.: IN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY

IN THE MATTER OF THE PROPOSAL OF ENCORE VINEYARDS LTD. of the City of , in the Province of British Columbia.

REPORT OF TRUSTEE ON PROPOSAL

TO THE CREDITORS OF ENCORE VINEYARDS LTD. Encore Vineyards Ltd. (“Encore” or the “Company”) filed a Proposal (the “Proposal”) under the Bankruptcy and Insolvency Act on May 7, 2020 with the Official Receiver, and BDO Limited (“BDO”) agreed to act as Trustee in the administration of the Proposal.

We enclose herewith the following documents:  Formal notice of meeting of creditors (Form 92);  Copy of the Proposal;  Copy of Encore’s Statement of Affairs – a condensed statement of assets and liabilities and a listing of creditors (Form 78);  A proof of claim form and general proxy; and  A voting letter in the event you wish to vote in advance of the meeting (Form 37).

BDO is also organizing a website on which documents relating to these proceedings will be posted. These documents will be made available at: https://www.bdo.ca/en-ca/extranets/encore.

A creditors’ meeting will be held to consider the Proposal on Tuesday May 26, 2020 at 11:00 a.m. by video or teleconference. Please contact Ilya Margulis at 604-646-4395 or imargulis (at) bdo.ca no later than 5pm on May 25, 2020 in order to receive the details for the teleconference.

In order to be eligible to vote, either at or before the meeting, the Trustee must receive before the meeting a properly executed proof of claim, together with your Statement of Account, attached thereto as Schedule “A”.

For your convenience, you may vote in advance of the meeting by returning to us the attached voting letter accompanied by your completed proof of claim.

NOTE THAT ALL DOCUMENTS MUST BE RECEIVED BY EMAIL OR FAX AS DUE TO THE COVID PANDEMIC THE TRUSTEE DOES NOT HAVE ACCESS TO PHYSICAL MAIL AT THIS TIME. Fax 1-888-387-0427 or E-mail imargulis (at) bdo.ca

Also, if you intend to have an individual represent you at the upcoming meeting, you must properly complete the Proxy form attached to the Proof of Claim, and therein name the individual representing you. All companies must name a proxy. The following information is provided to assist the creditors in evaluating the Company’s affairs and the Proposal. Please note that we have not audited or reviewed the Company’s books and records and, as a result, we are not able to express an opinion concerning the accuracy of the information contained herein. The following information originated from the Company’s books and records that were made available to us, as well as from our discussions with management.

BACKGROUND

The Company is a winemaking and hospitality service company focused on offering a comprehensive portfolio of wine. The Company was incorporated on June 24, 2014, for the purpose of acquiring the operating assets of Encore Vintners Ltd (“Vintners”). Vintners had launched the Encore brand in 2011, and it is the last group of wineries built under the full stewardship of the late Harry McWatters, best known as the founder of Sumac Ridge Estate Winery and See Ya Later Ranch, and the founding chairman of VQA Canada, BC Hospitality Foundation, and BC Wine Institute.

The Company carries a diversified portfolio of wine: TIME Winery, a line of premium red and white Meritage blends and limited distinct single variety wines; Evolve Cellars, a line of approachable selection of sparkling, red, white, and rosé blend crafted from locally sourced grapes; and McWatters Collection, a flagship line of Meritage and Chardonnay. In the three years leading up to 2020, the Company has won various awards including: Wine of the Year at BC Best Varietal Competition, Best Wine of the Competition at Cornucopia, and Gold Medal at Chardonnay du Monde.

In July 2018, the Company opened the TIME Winery & Kitchen (the “Premises”) at 361 Martin Street in Penticton, British Columbia, a 15,000 square foot facility offering a tasting bar, a lounge, and an outdoor patio for customers. To complement the Company’s portfolio of two winery licenses the Premises also included a state of the art winery production facility, and a theatre-like purpose-built event space.

The Company’s head office is operated from the Premises with 13 employees. The Company is owned approximately 74% by the estate of Mr. McWatters. In the summer of 2019, following the unexpected passing of Mr. McWatters, his daughter Christa-Lee McWatters (“CLM”), became the new President, Chief Executive Officer, and the sole director of the Company. As part of her due diligence upon taking control of the Company, CLM, found that the Company was in a challenging financial position after having sustained material losses throughout its existence.

The losses have stemmed from a myriad of factors. In 2014, the Company purchased all of the assets from Vintners for $10.1 million by way of assumption of Vintner’s credit facility with Bank of Montreal (“BMO Loan”) and the issuance of a promissory note for the balance of the purchase price. The BMO loan was subsequently increased in order to facilitate the construction of the Premises and cover operating costs. In 2015, a new round of funding was raised through the issuance of preferred shares to interested investors. In 2016, the Company sold its vineyard in Oliver, British Columbia, and the proceeds from this were ultimately used to start the construction of the Premises. Since 2015, the Company had suffered ongoing losses due to significant delays and cost overruns in the construction of the Premises, large carrying costs on debt, the need to pay for rented production facilities during construction and higher than expected marketing costs in order to grow market share as well as factors outside of the Company’s

- 2 - control such as the Alberta wine boycott and forest fires impacting tourism.

An immediate effort to improve profitability ensued. Overhead expenses were curtailed and loss- leading marketing campaigns were cancelled, including an annual $125,000 sponsorship to the Calgary Flames for being the official wine supplier. The Company recognized that all inventory from the 2016 vintage and prior had a higher cost of goods due to having been manufactured at a rented wine facility, though now that wine is being produced on the Premises cost of goods sold had been reduced. The Company also enjoyed a reduction in packaging material cost due to economy of scale and negotiation with suppliers.

Despite measures taken to improve the profitability of the Company, in large part as a result of the debt load being carried by the Company, profitability and positive cash flow could not be achieved. Accordingly CLM and the Company’s management team began an exploration of strategic options that could enable the Company to continue operations and achieve the maximum value for stakeholders from its business and assets.

STRATEGIC OPTIONS REVIEW

Beginning in December 2019 the Company began a process to consider all reasonable options for monetizing the Company’s assets, as well as securing additional financing. Due to the underperformance of its operation in the last few years, and an already high debt load obtaining new funds from institutional lenders was not an option. Utilizing her own extensive industry network, and that of the Company’s advisors, CLM sought out and explored both the option of a full sale of the Company’s business or an investment in the Company with a number of parties both in and outside of the winery industry.

With the help of the Company’s advisors the Company prepared a Teaser document to be used to market the business, along with a confidential Information Memorandum. The Teaser was distributed to a wide variety of individuals and businesses ultimately leading to seven (7) parties entering into non-disclosure agreements with the Company. Those parties that had entered into non-disclosure agreements were provided with the Confidential Information Memorandum, and a wide array of supporting documentation that would allow them to consider investment. All of the interested parties conducted due diligence which included a review and analysis of the winery operations as well as an analysis and assessment of the asset values. This process was extensive both in terms of nature and scope of the review as well as the time devoted by the interested parties, Encore, and Encore’s advisors supporting the due diligence process. While the non- disclosure agreements were confidential in nature, we can advise that the initial interested parties included very large existing wine operators from Canada and globally.

Through the extensive due diligence process one party emerged as a strategic investor for Encore. Mayert Family Holdings Ltd. (the “Purchaser”), elected to enter into a Letter of Intent on March 12, 2020 and began a further extensive due diligence process with their financial advisors. An Asset Purchase Agreement was subsequently entered into on May 6, 2020, whereby the Purchaser would pay a total sum of $5.8 million for the assets of Encore free and clear of any encumbrances.

- 3 - In April 2020, the Company was also contacted by an individual related to one of the parties that had previously signed a non-disclosure agreement with respect to an unsolicited, non-binding offer to take assignment of the Bank of Montreal’s security in the Company’s assets for a sum lower than the Bank of Montreal indebtedness. As this offer would not maximize the return available to all parties, this offer was not considered.

Throughout the process of seeking an investor for the Company, CLM and the Company communicated regularly with stakeholders, including the Company’s preferred shareholders. On January 20, 2020 and on February 29, 2020 CLM sent detailed email updates to all preferred shareholders. These updates sought to accomplish the following:  Provide background as to the Company’s financial difficulties  Describe the steps being taken to realize the best possible outcome for stakeholders  Called upon existing shareholders to refer any parties that they believed would be interested in investing in or acquiring the Company to contact the Company or its advisors.

In order to increase the exposure of the Company seeking an investor, an associate of CLM with significant wine industry connections posted the Encore Teaser to their Facebook profile.

The above efforts did not result in any additional interested parties coming to the forefront with respect to investing in or purchasing Encore. Accordingly, the $5.8 million offer made by the Purchaser is the only offer that was available to the Company that would maximize the outcome to the overall body of stakeholders despite there being insufficient funds to pay creditors in full or to provide a return to preferred or common shareholders. Given the current economic climate, and the impact that the COVID19 crisis has had on the availability of funds it is not expected that any larger offers could be garnered in any timeframe during which the Company could remain viable and continue operating.

Together with its advisors, the Company determined that as the Purchaser was only interested in the brands held by the Company, so long as they were not tarnished by a bankruptcy, the maximum result to stakeholders would be achieved only through the sale of the business as a going concern while being free and clear of outstanding debt obligations. Accordingly, the Company concluded that it was in its best interests to seek creditor protection under the Bankruptcy and Insolvency Act (“BIA” or the “Act”), with a view to reorganizing its capital structure and continuing as a going concern by filing a proposal under Part III, Division I of the BIA (the “Proposal”). Under the terms of the Proposal, it is contemplated that the Company will effect a sale of the assets of the Company to the Purchaser in the expectation that all Creditors will derive a greater benefit than from the continued operation of the business or from a forced liquidation of its assets.

- 4 - SUMMARY OF PROPOSAL

Unless otherwise noted in this section, the capitalized terms shall have meaning as set-out in the Proposal. Under the terms of the Proposal, creditors will be paid as follows:  The Claim of all Secured Creditors shall, subject to the provisions of the Act, from the Date of the Proposal be paid in accordance with the arrangements between the Company and holder of such Claims which were in effect on the Date of the Proposal or such other terms as may be mutually agreed between them following the Date of the Proposal. It is understood that the Purchaser will seek to take over any equipment leases held by the Company. It is understood that the Purchaser shall payout the balances owing to the Bank of Montreal and Lisa Lalonde directly from the sales proceeds prior to providing the balance after adjustments to the Trustee for the purposes of administering this proposal.  As per paragraph 5 of the Proposal, all amounts, if any, owing to Canada Revenue Agency that could be subject to a demand under Subsection 224(1.2) of the Income Tax Act or under any substantially similar provision of provincial legislation, that were outstanding at the date of the filing of the Proposal, shall be remitted within six months of Court Approval of the Proposal, from the Proposal Fund. o No such Canada Revenue Agency claims are expected.  As per paragraph 7 All Claims of Employees, if any, not exceeding the amount payable to former or current Employees which would be payable in priority under Subsection 136(1)(d) of the Act should the Company become bankrupt will be paid in cash immediately after Court Approval Date.

o No employee claims are expected.  As per paragraph 8, the Claims of Preferred Creditors, if any, shall be paid in full in cash, without interest, in priority to the claims of Unsecured Creditors in accordance with the Act.

o No Preferred Creditor claims are expected.  As per paragraph 9 of the Proposal, the Promissory Note Holder shall be paid $200,000 of its proven claim by way of cash distributions.  As per paragraph 10 of the Proposal, Unsecured Creditors will be paid out of the left over funds after paying all other classes of creditors as well as the Administrative Fees and Expenses of the Proposal ( estimated at 37% of their proven claims) by way of cash distributions.  As discussed in paragraph 11 of the Proposal, the Administrative Fees and Expenses, which include Trustee’s fees and disbursements and those of its legal counsel, will be paid in cash in priority to all creditors’ claims from the available funds;  As per paragraph 12 of the Proposal, all creditors would agree not to pursue any assessments or claims against the Company’s directors for liabilities of the Company that arose on or before the Date of Filing where the directors can be held personally liable;

- 5 -  As per paragraph 13 of the proposal, post-filing obligations will be paid in full in the ordinary course of business or on existing terms or arrangements; and  All payments to creditors are subject to a levy payable to the Superintendent of Bankruptcy pursuant to section 147 of the Bankruptcy and Insolvency Act, that for the purposes of this Proposal will be calculated at 5 percent of all distributions made by the Trustee.  As discussed in paragraph 19, Shareholders may not participate in this Proposal with respect to their equity claims. The BIA requires that all non-equity classes of creditors are paid in full prior to any amount being distributed to equity claimants, and as the Proposal Fund is not sufficient to allow for this, Shareholders have been excluded from the Proposal.

Upon issuance of all cash payments as provided for in this Proposal, the Trustee shall be entitled to be discharged from its obligations under the terms of this Proposal.

If the statutory majority of creditors and the Court approve the Proposal, the Proposal will become legally binding on the Company and all creditors. If the creditors reject the Company’s Proposal, the Company will be deemed to have filed an assignment in bankruptcy.

IDENTIFICATION AND EVALUATION OF ASSETS

The following assets of the Company are subject to encumbrances:  Bank of Montreal (“BMO”) holds a first mortgage over the Building and Land at 361 Martin Street, Penticton, British Columbia as well as security over various equipment and a registered general security agreement over all presently and after acquired property;  Lisa Lalonde holds a second mortgage over the Building and Land at 361 Martin Street, Penticton, British Columbia and a registered general security agreement over all presently and after acquired property;  Various leasing companies have registered security over miscellaneous equipment; and  Encore Vintners Ltd. holds a registered general security agreement over all presently and after acquired property for any property subject to the priority claims of the other registrants. The Trustee has not engaged legal counsel to provide an independent legal opinion on the validity and enforceability of the security held by the above listed creditors as against a trustee in bankruptcy. Until a legal opinion is obtained, the Trustee is assured that the registered security is valid and enforceable as against a trustee in bankruptcy.

The Trustee identified the following assets1:

Accounts receivable and Prepaid Expenses

The book value of these accounts as at March 31, 2020 totals $263,000. The amount consists of $134,000 receivable from Vintners, $44,000 in Accounts Receivable, and $85,000 in Prepaid Expenses. It is likely that in a bankruptcy scenario the Vintners balance would be set-off against a promissory note owed to Vintners and therefore not

1 The Trustee notes that the books and records of the Company are up-to-date as of March 31, 2020. Given the nature of the Company’s operations and financing, the Trustee believes that this will not materially affect the analysis. - 6 - recoverable. Prepaid expenses would also be expected to be non-refundable. In addition the recoverability of accounts receivable would be questionable.

Inventory

Bulk Wine Inventory has a book value of $2.6 million. In a liquidation this would be expected to produce between 10% and 30% of book value. In addition, these assets would be encumbered by the security held by Bank of Montreal to make up for any shortfall on realizable value on building, equipment and land resulting in no recovery being available for Unsecured Creditors.

Building and Land

The Premises have a book value of $8 million. This represents the building and land located at the civic address of 361 Martin Street, Penticton, British Columbia. The Company obtained three separate appraisals or valuations of the building, all in the range of $6 million. The Premises have a BC Assessment value of $3 million. It is likely that in a liquidation scenario the value realizable from the premises would be compromised by the Bankruptcy as well as the added impact of the current pandemic. The value produced would therefore be in-between the BC assessment and appraised values. Such a compromised value would be fully encumbered by BMO’s security, resulting in minimal recovery being available to Unsecured Creditors.

Capital Assets

Machinery and equipment has a net book value of some $1.1m. These assets are all various lessors or by the Bank of Montreal. It is expected that in a liquidation the equipment would either be sold as part of the Premises or produce minimal value, as its value is maximized in its current implementation. As a result of these factors it would be expected that in a liquidation scenario there would be minimal value realized for Unsecured Creditors.

Arrangements are expected to be made to transfer ongoing leases as part of the transaction in order to allow for payments to be continued.

ESTIMATED REALIZATION TO CREDITORS

Attached, as Schedule “A”, is a Schedule of Estimated Realization comparing the estimated realization in bankruptcy scenario to the estimated realization that can be expected from the Proposal that is being offered to the creditors.

If the Proposal is rejected, the Company will automatically be deemed bankrupt. The Trustee’s analysis indicates that in the event of a bankruptcy, the secured creditors may suffer a shortfall on the realization of their security and, as a result, there would be no amount available for distribution to other classes of creditors.

- 7 - The Proposal scenario estimates that Unsecured Creditors can expect a recovery of approximately 37 cents on the dollar of their proven claim amount (less applicable 5% levy) dependent on the quantum of the claims received.

In a bankruptcy it would be expected that there would be a shortfall to the Secured Creditors and no funds would be available to any other class of creditors. .

The main advantages of the Proposal are as follows:  The Proposal will permit the Company to restructure its business and operations in an orderly basis;  Secured Creditors will not have the amounts owed to them compromised;  Creditors will benefit from future business dealings with the Purchaser as it continues to operate a winery; and  All creditors are expected to realize a recovery that is greater than that anticipated in a bankruptcy scenario.

Based on all the information that has come to the Trustee’s attention to date, the Trustee recommends that the creditors accept the Proposal.

CONDUCT OF THE COMPANY

Prior to the filing of the Proposal, the Trustee has undertaken a limited financial review of the Company’s operations and has had discussions with management regarding financial matters. The Trustee has not undertaken any examinations to identify preference transactions, settlements or other reviewable transactions. The Proposal filed by the Company specifically waives the applicability of Sections 91 to 101 of the BIA.

PREVIOUS BUSINESS DEALINGS WITH THE COMPANY

BDO acted as an advisor to the Company during the Company’s strategic options review and sales process between December 2019 and April 2020. In addition BDO supported the Company during the due diligence process that was undertaken by all of the interested parties. BDO did not provide accounting service, or any services other than as described above and did not participate in the management of the Company. Accordingly BDO does not have a conflict of interest in acting as Trustee.

REMUNERATION OF THE TRUSTEE

The Trustee's fees and disbursements will be paid from the funds available in the Proposal based on the time and expenses incurred, subject to taxation by the Court. The Trustee estimates that its fees will amount to approximately $90,000 depending on the number and complexity of the creditor claims received in the Proposal and the timely progression of the Proposal process. The Proposal contemplates that the Trustee will be authorized to draw fees as they are incurred, upon Court approval of the Proposal and if applicable inspector approval, subject to taxation by the Court upon completion of the administration of the estate. It is estimated that disbursements with respect to legal counsel could be in the range of $15,000 and $25,000.

- 8 -

TIMING AND PROCESS

A formal meeting of creditors to consider and vote on the acceptance or rejection of the Proposal is scheduled for May 26, 2020 by tele or video conference.

The Proposal has to be accepted by a majority in number and two-thirds of the value of creditors’ claims in each class of creditors, either attending and voting in-person (by teleconference) or by proxy, or otherwise voting by voting letter.

Upon approval of the Proposal by the creditors, an application will be made to Court for an order approving the Proposal. Should the application be unopposed, in light of the current pandemic the Trustee intends to make this application by Desk Order. Otherwise, the Court will set a date to hear the application (likely remotely) and notice of the Court hearing will then be sent to every creditor with a proven claim.

Following Court approval of the Proposal and the closing of the transaction, all funds to be distributed to creditors will be paid to the Trustee. The Trustee will in turn make all payments to creditors with proven claims in accordance with the Proposal.

Should the motion in support of the Proposal not gain the required statutory creditor majorities, the Company will be automatically deemed to have made an Assignment in bankruptcy. In such a scenario the creditors may elect to retain the Trustee to administer the Estate or may substitute a new Licensed Insolvency Trustee.

VOTING ON THE PROPOSAL

It is required that all creditors who wish to vote on this Proposal forthwith submit to the Trustee a completed proof of claim with a statement of account supporting the claim to allow for timely processing. Those creditors who do not plan to attend the meeting by teleconference, or to be represented by proxy, may register their vote on the Proposal by use of the enclosed voting letter. Note that creditors voting by voting letter must also submit a completed proof of claim with a statement of account attached.

In order for a vote and/or proxy to be valid, a proof of claim must be submitted to the Trustee before the scheduled meeting of creditors. Electronic submission is required as the Trustee may not have access to any mailed materials. You may fax the above documents to the attention of Mr. Ilya Margulis at BDO Canada Ltd. (fax 1-888-387-0427 or email imargulis (at) bdo.ca). It is not necessary to mail original copies to the Trustee.

If accepted and approved by the Court, the Proposal becomes binding on all creditors, whether they voted for or against the Proposal.

- 9 - TRUSTEE’S RECOMMENDATION

It is the Trustee’s opinion that the Proposal is in the best interests of the creditors since it provides for the going concern sale of the Company and a return to the unsecured creditors that will significantly exceed the likely return in a Bankruptcy scenario. The Trustee therefore recommends that the creditors accept the Company’s Proposal. The Trustee intends to vote any proxies naming the Trustee in favor of the Proposal.

Dated at Vancouver, British Columbia this 7th day of May, 2020.

BDO CANADA LIMITED Licensed Insolvency Trustee 600 Cathedral Place 925 West Georgia Street Vancouver, BC, V6C 3L2

- 10 -

SCHEDULE

“A”

- 11 - IN THE MATTER OF THE PROPOSAL OF ENCORE VINEYARDS LTD. IN THE CITY OF PENTICTON IN THE PROVINCE OF BRITISH COLUMBIA

Schedule of Estimated Net Realizations as at May 7, 2020

Per books as of Estimated realization in a Note March 31, 2020bankruptcy Proposal ESTIMATED GROSS REALIZATIONS FROM ASSETS High Low Receivable from Encore Vintners Ltd. 1 $ 134,774 $ - $ - Accounts Receivable 1 43,667 - - Prepaid Expenses 1 84,671 - - Inventory 2 2,573,891 772,167 257,389 Land and Building 3 8,027,259 4,200,000 2,954,000 Equipment and intangibles 4 1,081,136 324,341 108,114

PAYMENTS UNDER PROPOSAL Proceeds of Sale$ 5,800,000 Secured Creditors paid directly by Purchaser 5 (5,300,000) Proposal Fund 500,000 $ 11,810,624 $ 5,296,508 $ 3,319,503 $ 500,000

ESTIMATED COST OF REALIZATION Trustee/Receiver's fees and disbursements, 6 (150,000) (200,000) (90,000) Legal fees and disbursements, 6 (30,000) (50,000) (25,000) (180,000) (250,000) (115,000) ESTIMATED NET REALIZATION TO CREDITORS 5,116,508 3,069,503 385,000 ESTIMATED VALUES OF SECURED AND PRIORITY CLAIMS Canada Revenue Agency 7 - - - Employee claims 7 - - - Preferred creditors 7 - - - Secured creditors (Excluding Promissory Note) (5,300,000) (5,300,000) -

(5,300,000) (5,300,000) -

SURPLUS AFTER PAYING SECURED OR (DEFICIT) TO SECURED CREDITORS $ (183,492) $ (2,230,497) $ 385,000

ESTIMATED PROMISSORY NOTE CLAIM$ 7,168,699 $ - $ - $ (200,000) Estimated Recovery to Promissory Note Holder 0.00% 0.00% 2.79%

SURPLUS (DEFICIT) AFTER PAYING SECURED CREDITORS AND PROMISSORY NOTE CLAIM $ - $ - $ 185,000

ESTIMATED UNSECURED CLAIMS (Assumes higher claims than balance sheet)$ 500,000 $ - $ - $ (185,000) Estimated Recovery to Unsecured Creditors 0.00% 0.00% 37.00% * NOTE ALL DISTRIBUTIONS CONTEMPLATED ABOVE WILL BE PAID NET OF A 5% LEVY

Notes to the Schedule of Estimated Net Realizations

1. It is likely that in a bankruptcy scenario the Vintners balance would be set-off against a promissory note owed to Vintners and therefore not recoverable. Prepaid expenses and trade receivables would also be expected to be non-refundable.

2. Wine inventory in a liquidation would be expected to produce between 10% and 30% of book value. These assets would be encumbered by the security held by Bank of Montreal to make up for any shortfall on realizable value on building, equipment and land resulting in no recovery being available for Unsecured Creditors.

3. The Company obtained three separate appraisals or valuations of the building, all in the range of $6 million. The Premises have a BC Assessment value of $3 million. It is likely that in a liquidation scenario the value realizable from the premises would be compromised by the Bankruptcy as well as the added impact of the current pandemic. The value produced would therefore be in-between $3m and produce a value somewhere in between the BC assessment and appraised values. Such a compromised value would be fully encumbered by BMO’s security, resulting in minimal recovery being available to Unsecured Creditors.

4. Machinery and equipment has a net book value of some $1.1M. These assets are all various lessors or by BMO. It is expected that in a liquidation the equipment would either be sold as part of the Premises or produce minimal value, as its value is maximized in its current implementation. As a result of these factors it would be expected that in a liquidation scenario there would be minimal value realized for unsecured creditors.

5 In the Proposal, payment of Bank of Montreal and Lisa Lalonde are assumed to be paid directly by the Purchaser upon closing of the transaction.

6 Professional fees, including the fees of a trustee in bankruptcy, receiver or their legal counsel, are estimates only.

7 Based on the priorities as established by law or pursuant to the terms of the Proposal. At this time no preferred creditor or employee claims are expected.

It should be noted that the numbers indicated above are indicative only. Realizations have been estimated based on discussions with management and Management's Statement of Affairs, as well as the assumptions set out above. Readers are cautioned that actual realizations may vary and these variations could be material.

1 of 1 District of: British Columbia Division No. 04-Vernon Court No. Estate No. 11- 2643942

In the Supreme Court of British Columbia In Bankruptcy and Insolvency

In the matter of the Proposal of Encore Vineyards Ltd. of the City of Penticton, in the Province of British Columbia

FORM 92 Notice of Proposal to Creditors (Section 51 of the Act)

Take notice that Encore Vineyards Ltd. of the City of Penticton in the Province of British Columbia has lodged with me a proposal under the Bankruptcy and Insolvency Act.

A copy of the proposal, a Trustee's Report, a condensed statement of the debtor's assets, and liabilities, and a list of the creditors affected by the proposal and whose claims amount to $250 or more are enclosed.

A general meeting of the creditors will be held on the 26th day of May 2020 at 11:00 AM CALL 604-646-4395 BY 5PM May 25, or email imargulis (at) bdo.ca for details for attending the meeting.

The creditors or any class of creditors qualified to vote at the meeting may by resolution accept the proposal either as made or as altered or modified at the meeting. If so accepted and if approved by the court the proposal is binding on all the creditors or the class of creditors affected.

Proofs of claim must be lodged with me prior to the commencement of the meeting.

Proxies and voting letters intended to be used at the meeting may be filed at any time up until the moment a vote is called.

Dated at the City of Vancouver in the Province of British Columbia, this 7th day of May 2020.

BDO Canada Limited / BDO Canada Limitée - Licensed Insolvency Trustee

______600 Cathedral Place 925 West Georgia Street Vancouver BC V6C 3L2 Phone: (604) 646-4395 Fax: 1 (888) 387-0427

(A form of proof of claim, a form of proxy and a voting letter should be enclosed with each notice.) List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Artus Bottling Ltd. 113 - 437 Martin St. 3,684.23 Wendy Gowe Suite #228 Penticton BC V2A 5L1

BC Wine Institute 470 - 1726 Dolphin Ave 5,778.38 BC V1Y 9R9

Bell Media Radio GP 33 Carmi Ave 1,863.04 Penticton BC V2A 3G4

BMO Financial Group - Credit Mezzanine Level, 595 Burrard Street 1,350,000.00 Line Vancouver BC V7X 1L7 Larry Chipman

BMO Financial Group - Mezzanine Level, 595 Burrard Street 3,703,998.00 Mortgage Vancouver BC V7X 1L7 Larry Chipman

Canada West Winery Supplies 168 Balsam Place 5,319.47 Penticton BC V2A 7V3

Canadian Linen & Uniform 2750 Gilmore Ave 723.56 Service Burnaby BC V5C 4T9

CONNECT Information 105-1751 Harvey Ave 6,940.50 Technology Solutions Inc. Kelowna BC V1Y 6G4

Custom Air Conditioning Ltd 1835 Broadway Street 4,569.56 Port Coquitlam BC V3C 4Z1

CWB National Leasing Inc./ 1525 Buffalo Pl 42,447.76 (formerly National Leasing Winnipeg MB R3T 1L9 Group Inc) Bankruptcy Designate

Elite Print Services 1100 - 1631 Dickson Ave. 9,504.75 Kelowna BC V1Y 0B5

Encore Vintners Ltd 390-825 Homer Street 7,186,744.20 Bob Wareham Vancouver BC V6B 2W2

Grant Thornton LLP Suite 1001 - 1675 Grafton 31,500.00 Nova Centre, North Tower Halifax NS B3J 0E9

HDR Architecture Associates 500 - 1500 West Georgia St. 12,740.15 Inc. Vancouver BC V6G 2Z6

Here & Now Media Group 361 Warren Ave E 1,890.00 Penticton BC V2A 3M1

J. Vigas SA 129 Ave W 9,944.00 David Mendoza Penticton BC V2A 1N2

Lalonde, Lisa Colette 5110 Hayes Street 55,000.00 Summerland BC V0H 1Z4

Page 1 of 3 List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

McWatters, Harry, the Estate 361 Martin St 31,467.98 of Penticton BC V2A 5K6 Christa-Lee Bond

Meridian OneCap Credit Corp. 4710 Kingsway, Suite 1500 77,419.80 Burnaby BC V5H 4M2

Newfoundland Labrador 90 Kenmount Rd. 309.47 Liquor Corporation St. John's NL A1B 3V1

Nuance Winery Supplies Inc. 261 Martindale Road Unit 1 24,479.60 Géraldine Lemaire St Catharines ON L2W 1A1

Okanagan Label & Print Ltd. 325 Dawson Avenue 3,102.82 Penticton BC V2A 3N5

Poplar Grove Winery 425 Middle Bench Road N. 22,065.75 Penticton BC V2A 8S5

Skywide Winery Ltd. dba 5000-505 Doyle Avenue 16,044.61 Skyview Kelowna BC V1Y 0C5 Chris Wendell

SOCAN 41 Valleybrook Dr. 975.82 Toronto ON M3B 2S6

Solaris #202, 74 Wade Ave. E. 49,466.19 Penticton BC V2A 8M4

South By Southwest Wine 27 Cougar Ridge View SW 45,630.52 Imports Inc. Calgary AB T3H 4X3 Cam MacCorquodale

The Drinks List Merchants Suite 300 - 3665 Kingsway 60,143.06 Vancouver BC V5R 5W2

Timewerx Buiness Services 5110 Hayes Street 5,000.00 Lisa Lalonde Summerland BC V0H 1Z4

TMT-Total Media Technology 14-7460 Moffatt Road 21,631.25 Richmond BC V6Y 3S1

TricorBraun Inc. P.O. Box 2200 9,140.93 c/o 410120 Vancouver BC V6B 3W2

Triple L Transport 1196 Johnson Rd 1,638.98 Penticton BC V2A 1W7

Universal Packaging 1810 Kosmina Rd. 14,418.59 Vernon BC V1T 8T2

Valiant Financial Suite 426 - 505 8840 210th Street 7,806.40 Langley BC V1M 2Y2

Page 2 of 3 List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Vine & Beach Media Inc. 113 - 437 Martin Street, Suite 408 2,520.00 Penticton BC V2A 5L1

Vintage Consulting Ltd. #7 - 7519 Prairie Valley Road 21,000.00 Summerland BC V0H 1Z4

Total 12,846,909.37

Page 3 of 3 DISTRICT OF: BRITISH COLUMBIA DIVISION NO.: 04 - Vernon COURT NO.: ESTATE NO.:

IN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY

IN THE MATTER OF THE PROPOSAL OF ENCORE VINEYARDS LTD. of the City of Penticton, in the Province of British Columbia.

PROPOSAL

Encore Vineyards Ltd., the above-named Company (hereinafter called the “Company”), hereby submits the following Proposal under the Bankruptcy and Insolvency Act to all of its creditors.

1. DEFINITIONS

For the purposes of this Proposal, the following capitalized terms shall have the following meaning:

(i) “Act” means the Bankruptcy and Insolvency Act (Canada), as it may be amended from time to time;

(ii) “Administrative Fees and Expenses” means the fees and expenses incurred by or on behalf of the Trustee, as more particularly described in paragraph 11 of this Proposal;

(iii) “Claim” means any indebtedness, liability, action, cause of action, suit, debt, account, bond, covenant, contract, counterclaim, demand, claim, right and obligation of any nature whatsoever of the Company to any Person, whether liquidated, unliquidated, fixed, contingent, matured, legal, equitable, present, future, known or unknown, and whether by guarantee, surety or otherwise, incurred or arising or related to the period prior to the Date of Filing;

(iv) “Company” means Encore Vineyards Ltd., a company incorporated under the Business Corporations Act (British Columbia);

(v) “Court” means the Supreme Court of British Columbia, in Bankruptcy and Insolvency;

(vi) “Court Approval Date” means the date on which the Court issues an Order approving this Proposal pursuant to the provisions of the Act, all appeal periods having expired and no appeal therefrom having been dismissed and such dismissal having become final;

(vii) “Creditor” means any Person who holds one or more Claims against the Company;

(viii) “Creditor Approval Date” means the date on which each of the classes of impacted creditors with proven Claims approves this Proposal pursuant to the provisions of the Act;

(ix) “Date of the Proposal” means May 7, 2020, being the date on which this Proposal was filed with the Official Receiver in accordance with the Act;

(x) “Employees” means all of the employees of the Company;

(xi) “Inspectors” means the person(s) appointed or elected as inspectors under and pursuant to the Act, in respect of the Company;

(xii) “Person” shall have the meaning ascribed thereto in the Act;

(xiii) “Preferred Creditor” means any Creditor which would be entitled to receive payment of any amount owed to it in priority to other Creditors as provided under section 136 of the Act should the Company become bankrupt;

(xiv) “Proceeds of Sale” shall be the $5,800,000 amount to be paid for the assets of the Company by the Purchaser;

(xv) “Promissory Note Holder” refers to Encore Vintners Ltd (a company related by way commonalities of ownership) and the Promissory Note dated September 26, 2014 that it holds;

(xvi) “Proposal” means this Proposal made pursuant to the Act, as amended or supplemented from time to time, and includes any schedules hereto;

(xvii) “Proposal Fund” means the Proceeds of Sale less the funds required to pay the amounts owing to Bank of Montreal and Lisa Lalonde with respect to the secured amounts owed to them. This net amount will be available for distribution to Preferred Creditors, Unsecured Creditors, the Promissory Note Holder and to meet the Administrative Fees and Expenses of the Proposal;

(xviii) “Purchaser” refers to Mayert Family Holdings Ltd., the entity purchasing the assets of the Company;

- 2 - (xix) “Secured Creditor” means any Creditor who hold a valid and enforceable mortgages, charges, liens, security interests and/or other encumbrances against any of the property or assets of the Company. Does not include the Promissory Note Holder;

(xx) “Shareholder” means any holder of Series A Preferred Shares or Common Shares;

(xxi) “Trustee” means BDO Canada Ltd., the trustee acting in re the Proposal of the Company or its duly appointed successor.

(xxii) “Unsecured Creditor” means any Creditor other than: (i) Preferred Creditors, (ii) Promissory Note Holder and (iv) Secured Creditors to the extent of the realizable value of the security held by such Creditor over the assets of the Company;

2. GENERAL INTENT AND EFFECT OF THIS PROPOSAL

The purpose of this Proposal is to effect a sale of the assets of the Company to a new entity in the expectation that all Creditors will derive a greater benefit than from the continued operation of the business or from a forced liquidation of its assets.

This Proposal restructures the Company’s affairs and may amend the terms of any and all agreements between the Company and the Creditors existing as at the Date of Filing and provides the essential terms upon which all such Claims will be fully and finally resolved and settled. During the term of this Proposal until the discharge of the Trustee, all Creditors other than Secured Creditors will be stayed from commencing or continuing any proceeding or remedy against the Company or any of its property or assets in respect of a Claim including, without limitation, any proceeding or remedy to recover payment of any monies owing to Creditors, to recover or enforce any judgment against the Company in respect of a claim or to commence any formal proceedings against it other than as provided for under this Proposal or the Act.

This Proposal will, as of the Court Approval Date, be binding on the Company and all Creditors to whom this Proposal is being made and in the manner provided for in this Proposal and the Act.

3. CLASSIFICATION AND TREATMENT OF CLAIMS

There shall be only three classes of Creditors whose Claims are being addressed under this Proposal, which shall consist of the: 1. Secured Creditors 2. Promissory Note Holder and 3. Preferred Creditors, if any, and Unsecured Creditors. For the purposes of this Proposal, a holder of a Claim will receive the treatment provided for in the Proposal on account of such Claim.

- 3 - 4. POOL OF FUNDS FOR DISTRIBUTION

The funds available for distribution to Creditors and to meet the Administrative Fees and Expenses of the Proposal will be the Proposal Fund.

5. CANADA REVENUE AGENCY

All amounts, if any, owing to Canada Revenue Agency that could be subject to a demand under Subsection 224(1.2) of the Income Tax Act or under any substantially similar provision of provincial legislation, that were outstanding at the Date of Filing, shall be paid in full in cash from the Proceeds of Sale within six months after the Court Approval Date.

6. SECURED CREDITORS

The Claim of all Secured Creditors shall, subject to the provisions of the Act, from the Date of the Proposal be paid in accordance with the arrangements between the Company and holder of such Claims which were in effect on the Date of the Proposal or such other terms as may be mutually agreed between them following the Date of the Proposal. It is understood that the Purchaser will seek to take over any equipment leases held by the Company. For greater clarity, no proposal is being made to the Secured Creditors.

7. EMPLOYEE CLAIMS

All Claims of Employees, if any, not exceeding the amount payable to former or current Employees which would be payable in priority under Subsection 136(1)(d) of the Act should the Company become bankrupt will be paid in cash immediately after Court Approval Date. It is understood that any Claim of an Employee in excess of the amount payable under Subsection 136(1) (d) of the Act shall be considered an unsecured Claim and shall entitle the Employee to vote on this Proposal and participate as an Unsecured Creditor under paragraph 10 of this Proposal to the extent of this excess amount.

8. PREFERRED CREDITORS

The Claims of Preferred Creditors, if any, shall be paid in full in cash, without interest, in priority to the claims of Unsecured Creditors in accordance with the Act.

9. PROMISSORY NOTE HOLDER

The claim of The Promissory Note Holder shall be paid a total sum of $200,000 less a levy as discussed in paragraph 16.

- 4 - 10. UNSECURED CREDITORS

The claims of Unsecured Creditors shall be paid by way of cash distributions their pro rata share of the Proposal Fund available to Creditors net of amounts pursuant to paragraphs 7, 8, 9, 10, and 11 of this Proposal less a levy as discussed in paragraph 16.

11. ADMINISTRATIVE FEES AND EXPENSES

All the fees, expenses and disbursements of the Trustee in and incidental to the proceedings arising out of the Proposal, including the Trustee’s legal fees and disbursements, shall be paid in cash from the Proposal Fund in priority to all claims and shall be a first charge thereon.

The Trustee and its legal counsel may take interim draws in respect of their fees and disbursements in a total amount which shall not exceed the total reasonable and actual time charges and disbursements at the date of the interim draw, subject to final taxation by the Court, and without prior approval of the inspectors, if any inspectors are appointed.

12. CLAIMS AGAINST DIRECTORS OF THE COMPANY

The Creditors hereby agree not to pursue any assessments against the Company’s directors for claims against directors of the Company that arose prior to the Date of Filing and that relate to the obligations of the Company where the directors are by law liable in their capacity as directors as for the payment of such obligation.

13. POST-FILING CREDITORS

Goods and services provided to the Company after the Date of the Proposal shall be paid by the Company in the ordinary course of business or in accordance with the arrangements between the Company and the relevant party which were in effect on the Date of the Proposal or such other terms as may be mutually agreed between them following the Date of the Proposal.

14. FRAUDULENT TRANSACTIONS

Section 91 through and including Section 101 of the Act do not apply to this Proposal.

- 5 - 15. FUNDING OF THE PROPOSAL

The deposit payable in accordance with the Purchaser’s agreement (10% of Proceeds of Sale) to purchase will be held in trust by the Company’s solicitors. Upon court approval and the closing of the transaction the net amount after paying any remaining secured balances owed to the Bank of Montreal and Lisa Lalonde will be transferred to the Trustee and will make up the Proposal Fund. It is understood that the Company’s solicitors would return the deposit funds to the Purchaser should the proposal not be accepted by the Creditors and/or the Court.

16. DISTRIBUTIONS UNDER THE PROPOSAL

All distributions under the Proposal shall be made by the Trustee and notwithstanding any other provisions therefor, any distributions made by the Trustee in respect of any claims pursuant to the terms hereof shall be made net of the Superintendent’s Levy required to be made, pursuant to Section 147 and 60(4) of the Act.

All cash payments in respect of Employee Claims, if any, as described under paragraph 7 of this Proposal and Subsection 60(1.3)(a) of the Act, shall be made according to their priority following the Court Approval Date.

All cash payments to Canada Revenue Agency, if any, as described under paragraph 5 of this Proposal, shall be made within six months of the Court Approval Date or as agreed with Canada Revenue Agency.

All cash payments to the respective Preferred Creditors, Unsecured Creditors, the and the Promissory Note Holder as described under paragraphs 7 and 8, 9, 10 and 11 of this Proposal, shall be made by the Trustee at its discretion with the concurrence of the Inspectors, if any. These payments made by the Trustee shall be without interest or penalty and subject to deduction of the BIA Section 147 levy payable to the Superintendent of Bankruptcy, which is calculated as follows:

(a) 5% on the amount up to $1,000,000; (b) 1.25% on the amount over $1,000,000 and up to $2,000,000; and (c) 0.25% on the amount over $2,000,000.

17. EFFECT OF DISTRIBUTIONS

Creditors will accept upon payment in full of the payments provided for in this Proposal in complete satisfaction of all their Claims and all liens, certificates of pending litigation, executions or any similar charges or actions or proceedings in respect of such Claims, and such Claims will have no effect in law or in equity against the property assets or undertaking of the Company.

- 6 - 18. EFFECT OF DISTRIBUTIONS

Creditors will accept upon payment in full of the payments provided for in this Proposal in complete satisfaction of all their Claims and all liens, certificates of pending litigation, executions or any similar charges or actions or proceedings in respect of such Claims, and such Claims will have no effect in law or in equity against the property assets or undertaking of the Company.

19. SHAREHOLDERS

The Act requires that all classes of creditors are paid in full prior to any equity Shareholder being allowed a distribution. The Proposal Fund will not result in full payment of all creditors’ claims. Accordingly Shareholders are not considered a class of creditors for purposes of the Proposal and may not file claims, vote or participate in any distributions under this Proposal with respect to their equity claims.

20. INSPECTORS

The Creditors may appoint one or more, but not more than five, inspectors under this proposal whose powers shall be restricted to advising the Trustee in matters that may be referred to them by the Trustee.

21. BDO CANADA LIMITED

BDO Canada Limited shall be the Trustee under this Proposal and upon issuance of all payments provided for in this Proposal, the Trustee shall be entitled to be discharged from its obligations under the terms of this Proposal. The Trustee is acting in its capacity as Trustee under this Proposal and not in its personal capacity and shall not be responsible or liable for any obligations of the Company.

Dated at Penticton, British Columbia this 7th day of May, 2020.

Encore Vineyards Ltd. Per:

______Christa-Lee Bond Witness President & Chief Executive Officer

- 7 - District of: British Columbia Division No. 04 - Vernon X Original Amended Court No. Estate No. -- Form 78 -- Statement of Affairs (Business Proposal) made by an entity (Subsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act) In the matter of the proposal of Encore Vineyards Ltd. of the City of Penticton, in the Province of British Columbia To the debtor: You are required to carefully and accurately complete this form and the applicable attachments showing the state of your affairs on the date of the filing of your proposal (or notice of intention, if applicable), on the 7th day of May 2020. When completed, this form and the applicable attachments will constitute the Statement of Affairs and must be verified by oath or solemn declaration.

LIABILITIES ASSETS (as stated and estimated by the officer) (as stated and estimated by the officer)

1. Unsecured creditors as per list "A" ...... 434,627.16 1. Inventory ...... 257,389.00 ...... Balance of secured claims as per list "B" ...... 9,303,696.00 2. Trade fixtures, etc...... 0.00 ...... 3.. . Accounts receivable and other receivables, as per list "E" Total unsecured creditors ...... 9,738,323.16 Good ...... 0.00 2. Secured creditors as per list "B" ...... 3,108,615.46 . . . . . Doubtful...... 0.00 ...... 0.00 Bad ...... 0.00 3. Preferred creditors as per list "C" ...... Estimated to produce...... 0.00 . 4. Contingent, trust claims or other liabilities as per list "D" 5,106,761.00 4. Bills of exchange, promissory note, etc., as per list "F" . . . 0.00 estimated to be reclaimable for ...... 5.. Deposits in financial institutions ...... 0.00 Total liabilities...... 17,953,699.62 6.. Cash ...... 0.00 . . 7.. . Livestock...... 0.00 Surplus ...... NIL 8.. . Machinery, equipment and plant...... 0.00 9.. . Real property or immovable as per list "G" ...... 2,954,000.00 10.. . . Furniture...... 126,809.06 11.. . . RRSPs, RRIFs, life insurance, etc...... 0.00 12.. . Securities (shares, bonds, debentures, etc.) ...... 0.00 13.. . Interests under wills ...... 0.00 14.. . . Vehicles ...... 20,000.00 15.. . . Other property, as per list "H" ...... 7,807.40 If. .debtor is a corporation, add: Amount of subscribed capital ...... 5,133,661.00 Amount. . . . paid on capital ...... 5,133,661.00 Balance. . . . subscribed and unpaid...... 0.00 Estimated. . to produce ...... 0.00 . . . . Total assets ...... 3,366,005.46 Deficiency...... 14,587,694.16 ...... I, Christa-Lee Bond, of the City of Summerland in the Province of British Columbia, do swear (or solemnly declare) that this statement and the attached lists are to the best of my knowledge, a full, true and complete statement of my affairs on the 7th day of May 2020 and fully disclose all property of every description that is in my possession or that may devolve on me in accordance with the Act.

SWORN (or SOLEMNLY DECLARED) before me at the City of Vancouver in the Province of British Columbia, on this 7th day of May 2020.

Ilya Margulis, Commissioner for Taking Affidavits Christa-Lee Bond For the Province of British Columbia Expires July 31, 2022

Page 1 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "A" Unsecured Creditors

Encore Vineyards Ltd.

No. Name of creditor Address Unsecured claim Balance of claim Total claim 1 Artus Bottling Ltd. 113 - 437 Martin St. 3,684.23 0.00 3,684.23 Attn: Wendy Gowe Suite #228 Penticton BC V2A 5L1 2 BC Wine Institute 470 - 1726 Dolphin Ave 5,778.38 0.00 5,778.38 Kelowna BC V1Y 9R9 3 Bell Media Radio GP 33 Carmi Ave 1,863.04 0.00 1,863.04 Penticton BC V2A 3G4 4 BMO Financial Group - Credit Line Mezzanine Level, 595 Burrard Street 0.00 1,350,000.00 1,350,000.00 Attn: Larry Chipman Vancouver BC V7X 1L7 5 BMO Financial Group - Mortgage Mezzanine Level, 595 Burrard Street 0.00 729,997.00 729,997.00 Attn: Larry Chipman Vancouver BC V7X 1L7 6 Canada West Winery Supplies 168 Balsam Place 5,319.47 0.00 5,319.47 Penticton BC V2A 7V3 7 Canadian Linen & Uniform Service 2750 Gilmore Ave 723.56 0.00 723.56 Burnaby BC V5C 4T9 8 CRA - Tax - Pacific Surrey National Verification and Collection Centre 1.00 0.00 1.00 802762047 RC0001 9755 King George Blvd Surrey BC V3T 5E1 9 CRA - Tax - Pacific Surrey National Verification and Collection Centre 1.00 0.00 1.00 802762047 RT0001 9755 King George Blvd Surrey BC V3T 5E1 10 Custom Air Conditioning Ltd 1835 Broadway Street 4,569.56 0.00 4,569.56 Port Coquitlam BC V3C 4Z1 11 Elite Print Services 1100 - 1631 Dickson Ave. 9,504.75 0.00 9,504.75 Kelowna BC V1Y 0B5 12 Encore Vintners Ltd 390-825 Homer Street 18,045.20 7,168,699.00 7,186,744.20 Attn: Bob Wareham Vancouver BC V6B 2W2 13 Grant Thornton LLP Suite 1001 - 1675 Grafton 31,500.00 0.00 31,500.00 Nova Centre, North Tower Halifax NS B3J 0E9 14 HDR Architecture Associates Inc. 500 - 1500 West Georgia St. 12,740.15 0.00 12,740.15 Vancouver BC V6G 2Z6 15 Here & Now Media Group 361 Warren Ave E 1,890.00 0.00 1,890.00 Penticton BC V2A 3M1 16 J. Vigas SA 129 Nanaimo Ave W 9,944.00 0.00 9,944.00 Attn: David Mendoza Penticton BC V2A 1N2 17 Lalonde, Lisa Colette 5110 Hayes Street 0.00 55,000.00 55,000.00 Summerland BC V0H 1Z4 18 McWatters, Harry, the Estate of 361 Martin St 31,467.98 0.00 31,467.98 Attn: Christa-Lee Bond Penticton BC V2A 5K6 19 Newfoundland Labrador Liquor Corporation 90 Kenmount Rd. 309.47 0.00 309.47 St. John's NL A1B 3V1 20 Nuance Winery Supplies Inc. 261 Martindale Road Unit 1 24,479.60 0.00 24,479.60 Attn: Géraldine Lemaire St Catharines ON L2W 1A1 21 Label & Print Ltd. 325 Dawson Avenue 3,102.82 0.00 3,102.82 Penticton BC V2A 3N5 22 Poplar Grove Winery 425 Middle Bench Road N. 22,065.75 0.00 22,065.75 Penticton BC V2A 8S5

07-May-2020

Date Christa-Lee Bond

Page 2 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "A" Unsecured Creditors

Encore Vineyards Ltd.

No. Name of creditor Address Unsecured claim Balance of claim Total claim 23 RBC Royal Bank Visa c/o BankruptcyHighway.com PO Box 57100 1.00 0.00 1.00 Attn: Razel Bowen Etobicoke ON M8Y 3Y2 UNKNOWN 24 Re:Sound 900 - 1235 Bay Street 26.25 0.00 26.25 Toronto ON M5R 3K4 25 Skywide Winery Ltd. dba Skyview 5000-505 Doyle Avenue 16,044.61 0.00 16,044.61 Attn: Chris Wendell Kelowna BC V1Y 0C5 26 SOCAN 41 Valleybrook Dr. 975.82 0.00 975.82 Toronto ON M3B 2S6 27 Solaris #202, 74 Wade Ave. E. 49,466.19 0.00 49,466.19 Penticton BC V2A 8M4 28 South By Southwest Wine Imports Inc. 27 Cougar Ridge View SW 45,630.52 0.00 45,630.52 Attn: Cam MacCorquodale Calgary AB T3H 4X3 29 The Drinks List Merchants Suite 300 - 3665 Kingsway 60,143.06 0.00 60,143.06 Vancouver BC V5R 5W2 30 Timewerx Buiness Services 5110 Hayes Street 5,000.00 0.00 5,000.00 Attn: Lisa Lalonde Summerland BC V0H 1Z4 31 TMT-Total Media Technology 14-7460 Moffatt Road 21,631.25 0.00 21,631.25 Richmond BC V6Y 3S1 32 TricorBraun Inc. P.O. Box 2200 9,140.93 0.00 9,140.93 c/o 410120 Vancouver BC V6B 3W2 33 Triple L Transport 1196 Johnson Rd 1,638.98 0.00 1,638.98 Penticton BC V2A 1W7 34 Universal Packaging 1810 Kosmina Rd. 14,418.59 0.00 14,418.59 Vernon BC V1T 8T2 35 Vine & Beach Media Inc. 113 - 437 Martin Street, Suite 408 2,520.00 0.00 2,520.00 Penticton BC V2A 5L1 36 Vintage Consulting Ltd. #7 - 7519 Prairie Valley Road 21,000.00 0.00 21,000.00 Summerland BC V0H 1Z4

Total: 434,627.16 9,303,696.00 9,738,323.16

07-May-2020

Date Christa-Lee Bond

Page 3 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "B" Secured Creditors

Encore Vineyards Ltd.

Estimated Estimated Amount of Balance of No. Name of creditor Address claim Particulars of security When given value of surplus from security security claim

1 BMO Financial Group - Credit Line Mezzanine Level, 595 1,350,000.00 Real Property or Immovable - 09-Jul-2018 0.00 1,350,000.00 Attn: Larry Chipman Burrard Street Building and Land - Penticton Vancouver BC V7X 1L7 - 361 Martin Street

2 BMO Financial Group - Mortgage Mezzanine Level, 595 3,703,998.00 Real Property or Immovable - 09-Jul-2018 2,954,000.00 Attn: Larry Chipman Burrard Street Building and Land - Penticton Vancouver BC V7X 1L7 - 361 Martin Street Motor Vehicles - Chevrolet 09-Jul-2018 20,000.00 Silverado 2015 Furniture - Wine making 09-Jul-2018 1.00 729,997.00 equipment

3 CONNECT Information 105-1751 Harvey Ave 6,940.50 Furniture - NEC Phone 01-Apr-2018 6,940.50 Technology Solutions Inc. Kelowna BC V1Y 6G4 System

4 CWB National Leasing Inc./ 1525 Buffalo Pl 42,447.76 Furniture - Glasswasher, 07-Nov-2017 23,198.92 (formerly National Leasing Group Winnipeg MB R3T 1L9 Dishwasher, Backbar cabinet Inc) Attn: Bankruptcy Designate Furniture - Walkin Cooler, 01-Feb-2018 19,248.84 Refrigerator and Sandwhich/salad preparation refrigerator

5 Encore Vintners Ltd 390-825 Homer Street 7,168,699.00 Real Property or Immovable - 09-Jul-2018 0.00 7,168,699.00 Attn: Bob Wareham Vancouver BC V6B 2W2 Building and Land - Penticton - 361 Martin Street

6 Lalonde, Lisa Colette 5110 Hayes Street 55,000.00 Real Property or Immovable - 09-Jul-2018 0.00 55,000.00 Summerland BC V0H 1Z4 Building and Land - Penticton - 361 Martin Street

7 Meridian OneCap Credit Corp. 4710 Kingsway, Suite 77,419.80 Furniture - Mobile Carts 15-Nov-2017 38,176.57 1500 Burnaby BC V5H 4M2 Furniture - Squirrel POS 15-Jul-2019 30,525.76 System Furniture - Kitchen 18-May-2018 8,716.47 Equipment Furniture - Printer, charging 15-Jul-2019 1.00 stations, protective tablet covers, cash drawers etc…Squirrel POS System

8 Valiant Financial Suite 426 - 505 8840 7,806.40 Other - 1x Forklift 02-Sep-2015 7,806.40 210th Street Langley BC V1M 2Y2

Total: 12,412,311.46 3,108,615.46 0.00 9,303,696.00

07-May-2020

Date Christa-Lee Bond

Page 4 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "C" Preferred Creditors for Wages, Rent, etc.

Encore Vineyards Ltd.

Period during Amount of Amount Difference No. Name of creditor Address and occupation Nature of claim which claim claim payable in full ranking for accrued dividend

Total: 0.00 0.00 0.00

07-May-2020

Date Christa-Lee Bond

Page 5 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

1 Ali, Asghar, WPT ITF PO Box 60468 Fraser RPO 50,000.00 0.00 Preferred Shareholder Vancouver BC V5W 4B5

2 Andreasen, John, WPT ITF 65-420 Sitkum Road 5,000.00 0.00 Preferred Shareholder Victoria BC V9A 7G6

3 Bains, Lakhvir, WPT ITF 500 Whiteside Street 10,000.00 0.00 Preferred Shareholder Victoria BC V8Z 6J5

4 Barkley, Carol, WPT ITF 312-422 Lakeshore Drive 25,000.00 0.00 Preferred Shareholder Penticton BC V2A 1B8

5 Becker, Helena Yvonne 1293 Liberty Drive 20,000.00 0.00 Preferred Shareholder Victoria BC V9C 4H9

6 Bhandal, Barjir, WPT ITF 6512 Fromlin Street 25,000.00 0.00 Preferred Shareholder Vancouver BC V6P 3W1

7 Bhandal, Lakhvir, WPT ITF 6512 Fremlin Street 25,000.00 0.00 Preferred Shareholder Vancouver BC V6P 3W1

8 Bibi, Asghani, WPT ITF PO BOX 60468 Fraser RPO 25,000.00 0.00 Preferred Shareholder Vancouver BC V5W 4B5

9 Bion, Patrick, WPT ITF 3-330 Waterfront Cr 50,000.00 0.00 Preferred Shareholder Victoria BC V8T 5K3

10 Bond, Christa-Lee 10823 Dunhan Crescent 70,000.00 0.00 Preferred Shareholder Summerland BC V0H 1Z2

11 Bosley, Laurence, WPT ITF 1429 Richardson Street 40,000.00 0.00 Preferred Shareholder Victoria BC V8S 1R1

12 Bowditch, Daniel, WPT ITF 2625 Cactus Court 8,500.00 0.00 Preferred Shareholder North Vancouver BC V7H 1R6

13 Bowditch, Ursula, WPT ITF 2625 Cactus Court 8,500.00 0.00 Preferred Shareholder North Vancouver BC V7H 1R6

14 Broadbent, Roxanne, WPT ITF 204-1440 Beach Drive 10,000.00 0.00 Preferred Shareholder Victoria BC V8S 2N8

15 Brown, Keith, WPT ITF 921 Sherwood Lane 35,758.00 0.00 Preferred Shareholder BC V7V 3Y1

16 Brownjohn, Christine, WPT ITF 39025 Kingfisher Drive 26,398.00 0.00 Preferred Shareholder Squamish BC V8B 0S9

17 Buchanan, Sandra, WPT ITF 5593 Sans Souci Rd 21,199.00 0.00 Preferred Shareholder Half Moon Bay BC V0N 1Y2

18 Buhler, Lawrence 101-440 Wade Avenue West 20,000.00 0.00 Preferred Shareholder Penticton BC V2A 1V4

19 Burnett, Gregory Clifford 4629 Woodburn Place 40,000.00 0.00 Preferred Shareholder West Vancouver BC V7S 2W8

07-May-2020

Date Christa-Lee Bond

Page 6 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

20 Butcher, David, WPT ITF 314-1959 Polo Park Court 12,000.00 0.00 Preferred Shareholder Saanichton BC V8M 2K1

21 Cabrerra, Renan, WPT ITF 12448 Jack Bell Drive 10,000.00 0.00 Preferred Shareholder Richmond BC V6V 2S1

22 Caratao, Rochelle, WPT ITF 2837 Wall Street 6,300.00 0.00 Preferred Shareholder Vancouver BC V5K 1B1

23 Chang, Yuen Yuen 2001-1003 Pacific Street 10,000.00 0.00 Preferred Shareholder Vancouver BC V6E 4P2

24 Chick, Martha, WPT ITF 2626 Avebury Avenue 6,202.00 0.00 Preferred Shareholder Victoria BC V8R 3W2

25 Chu, Kin Fong, WPT ITF 8-4165 Rockhome Gardens 60,000.00 0.00 Preferred Shareholder Victoria BC V8X 5K4

26 Chung, Alejandro, WPT ITF 10235 159A Street 25,000.00 0.00 Preferred Shareholder Surrey BC V4N 2N3

27 Chung, Cheng-en, WPT ITF 122-2501 161A Street 11,549.00 0.00 Preferred Shareholder Surrey BC V3Z 7Y6

28 Collins, Andrew 3363 Mathers Avenue 100,000.00 0.00 Preferred Shareholder West Vancouver BC V7V 2K6

29 Cornock, Darcy, WPT ITF 24803 80th Ave 20,000.00 0.00 Preferred Shareholder Langley BC V1M 3P2

30 Cove, John, WPT ITF 6791 Greig Court 30,000.00 0.00 Preferred Shareholder Brentwood Bay BC V8M 2G4

31 Davison, Dean, WPT ITF 1103-120 Millross Avenue 40,000.00 0.00 Preferred Shareholder Vancouver BC V6E 4K7

32 Dhaliwal, Harpaul, WPT ITF 25-1990 Pacific Way 15,000.00 0.00 Preferred Shareholder Kamloops BC V1S 1W3

33 Dhanda, Harder 10680 Bird Road 10,000.00 0.00 Preferred Shareholder Richmond BC V6X 1N6

34 Douglas, Charlotte, WPT ITF 3463 156A Street 12,000.00 0.00 Preferred Shareholder Surrey BC V3S 0K4

35 Douglas, Vern, WPT ITF 3463 156A Street 55,000.00 0.00 Preferred Shareholder Surrey BC V3S 0K4

36 Fehr, Harvey, WPT ITF 4616 Spurraway Road 20,000.00 0.00 Preferred Shareholder Kamloops BC V2H 1M7

37 Fehr, Lillian, WPT ITF 4616 Spurraway Road 10,000.00 0.00 Preferred Shareholder Kamloops BC V2H 1M7

38 Ferraro, David, WPT ITF 5079 Venables Street 30,000.00 0.00 Preferred Shareholder Burnaby BC V5B 1X8

07-May-2020

Date Christa-Lee Bond

Page 7 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

39 Fidyk, Frank and Gale 6883 Winnifred Place 15,000.00 0.00 Preferred Shareholder Saanichton BC V8M 1N1

40 Fraser, Susan, WPT ITF 2352 Schooner Close 30,940.00 0.00 Preferred Shareholder Sidney BC V8L 4S9

41 Gale, Roger William 407-240 Salter Street 100,000.00 0.00 Preferred Shareholder New Westminster BC V3M 0C1

42 Ghag, Baldev, WPT ITF 920-789 West Pender Street 40,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

43 Graham, Hunter Churchill 504-1985 Bellevue Avenue 10,000.00 0.00 Preferred Shareholder West Vancouver BC V7V 1B6

44 Griffin, Meghan, WPT ITF 4049 Carey Rd 10,000.00 0.00 Preferred Shareholder Victoria BC V8Z 4E3

45 Guerra, Klaus Enrique Arp, WPT ITF 1541 East 10th Avenue 50,000.00 0.00 Preferred Shareholder Vancouver BC V5N 1X6

46 Hadley, Patricia 3379 Billhurst Place 3,000.00 0.00 Preferred Shareholder Victoria BC V9C 3S6

47 Hallam, Frank 3379 Billhurst Place 7,500.00 0.00 Preferred Shareholder Victoria BC V9C 3S6

48 Harris, Christine, WPT ITF 920-789 West Pender Street 75,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

49 Harris, Thomas, WPT ITF 6970 Dickinson Road 75,000.00 0.00 Preferred Shareholder BC V0R 2H0

50 Hawksworth, Brian, WPT ITF 1608 Camosun Street 10,000.00 0.00 Preferred Shareholder Victoria BC V8T 3E6

51 Hay, Catherine, WPT ITF 952 Spyglass Way 122,000.00 0.00 Preferred Shareholder Bowen Island BC V0N 1G2

52 Hsu, Chien-His, WPT ITF 6930 Canada Way 10,000.00 0.00 Preferred Shareholder Burnaby BC V5E 3R5

53 Hubines, Maribel, WPT ITF 319-555 W 14th Ave 2,500.00 0.00 Preferred Shareholder Vancouver BC V5Z 4G8

54 Hutchinson, Robert, OTC ITF 704 Wellington Drive 100,000.00 0.00 Preferred Shareholder North Vancouver BC V7K 1K7

55 Ibrahim, Sandra, WPT ITF 1429 Richardson St 38,131.00 0.00 Preferred Shareholder Victoria BC V8S 1R1

56 Immel, Blaine, WPT ITF 2782 Road 10,000.00 0.00 Preferred Shareholder Victoria BC V9B 4J9

57 Jaime-Cabrera, Laura Mireya, WPT ITF 12448 Jack Bell Drive 10,000.00 0.00 Preferred Shareholder Richmond BC V6Y 2S1

07-May-2020

Date Christa-Lee Bond

Page 8 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

58 James, Simon 30 Gorge Road East 16,000.00 0.00 Preferred Shareholder Victoria BC V9A 1K8

59 James, Tyler, WPT ITF 920-789 West Pender Street 20,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

60 Jetko, Ronald, WPT ITF 40 Knollwood Rd 10,000.00 0.00 Preferred Shareholder Victoria BC V9B 1E2

61 Johnson, Lydia, WPT ITF 920-789 West Pender Street 15,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

62 Joyce, Jeffrey, WPT ITF 500-1321 Blanshard St 16,000.00 0.00 Preferred Shareholder Victoria BC V8W 0B7

63 Juneja, Sujinkder, WPT ITF 1564 Eagle Cliff Road 5,000.00 0.00 Preferred Shareholder Bowen Island BC V0N 1G1

64 Jussak-Kiellerman, Ewa, WPT ITF 219 Michigan Street 20,000.00 0.00 Preferred Shareholder Victoria BC V8V 1R4

65 Kausar, Rahila, WPT ITF PO BOX 60468 Fraser R.P.O. 25,000.00 0.00 Preferred Shareholder Vancouver BC V5W 4B5

66 Keith, Lawrence Frederick 3367 Lakeside Road 25,000.00 0.00 Preferred Shareholder Whistler BC V0N 1B3

67 Kelly, Charles, WPT ITF 920-789 West Pender Street 10,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

68 Kiers, Charlie, WPT ITF 3516 Oxford Street 50,000.00 0.00 Preferred Shareholder Vancouver BC V5K 1P1

69 Kilmer, Robert, WPT ITF 3070 Washington Ave 50,000.00 0.00 Preferred Shareholder Victoria BC V9A 1P6

70 Klopfers, Keith Reinhold Xavier 4566-196 Street 5,000.00 0.00 Preferred Shareholder Langley BC V3A 6G7

71 Krezan, Brad, WPT ITF 5456 South Perimeter Way 15,000.00 0.00 Preferred Shareholder Kelowna BC V1W 5C6

72 Krezan, Jennifer, WPT ITF 5456 South Perimeter Way 15,000.00 0.00 Preferred Shareholder Kelowna BC V1W 5C6

73 Laban, Judy, WPT ITF 103-688 Fairchild Road 20,000.00 0.00 Preferred Shareholder Vancouver BC V5Z 4P7

74 Lalonde, Lisa Colette 5110 Hayes Street 20,000.00 0.00 Preferred Shareholder Summerland BC V0H 1Z4

75 Landriault, Robert, WPT ITF 57065 Ewart Street 30,000.00 0.00 Preferred Shareholder Burnaby BC V5J 2W8

76 Latimer, Ben, WPT ITF 920-789 West Pender Street 31,615.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

07-May-2020

Date Christa-Lee Bond

Page 9 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

77 Latimer, Benjamin, WPT ITF 3362 Henderson Road 10,000.00 0.00 Preferred Shareholder Victoria BC V8P 5A7

78 Latimer, Kerry, WPT ITF 920-789 West Pender Street 6,239.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

79 Lee, Russel Kennedy 10551 Mersey Drive 75,000.00 0.00 Preferred Shareholder Richmond BC V7A 3N3

80 Leong, Stephanie, WPT ITF 3-330 Waterfront Crescent 20,000.00 0.00 Preferred Shareholder Victoria BC V8T 5K3

81 Lim, Yelow, WPT ITF 350 east 63rd Ave 11,000.00 0.00 Preferred Shareholder Vancouver BC V5X 2J9

82 Louie, Jack 2150 Oak Bay Avenue 10,000.00 0.00 Preferred Shareholder Victoria BC V8R 1E9

83 Loukes, Robyn, WPT ITF 800 Intervale Avenue 4,200.00 0.00 Preferred Shareholder Victoria BC V6E 4K7

84 Low, Connie, WPT ITF 2615 Fifth Street 18,850.00 0.00 Preferred Shareholder Victoria BC V8T 4A9

85 Low, David, WPT ITF 973 Monashee Place 25,000.00 0.00 Preferred Shareholder Kelowna BC V1V 1J8

86 Low, Raymond, WPT ITF 6528 Bella Vista Drive 36,991.00 0.00 Preferred Shareholder Victoria BC V8Z 6X1

87 MacKay, Elizabeth, WPT ITF 1858 San Juan Avenue 104,092.00 0.00 Preferred Shareholder Victoria BC V8N 2J2

88 Mackean, Lynne, WPT ITF 1290 Liberty Drive 20,000.00 0.00 Preferred Shareholder Victoria BC V9C 4H9

89 MacKenzie, Suzanne, WPT ITF 6169 Davies Crescent 10,000.00 0.00 Preferred Shareholder BC V0H 1X7

90 MacMillen, Peter Shawn, WPT ITF 204-1440 Beach Drive 50,000.00 0.00 Preferred Shareholder Victoria BC V8S 2N8

91 MacMillen, Steven, WPT ITF 204-1440 Beach Drive 10,000.00 0.00 Preferred Shareholder Victoria BC V8S 2N8

92 MacPhee, Warren, WPT ITF 435 Audubon Court 25,000.00 0.00 Preferred Shareholder Vancouver BC V6E 4K7

93 Malhi, Gurmeet, WPT ITF 5651 Cathay Road 20,000.00 0.00 Preferred Shareholder Richmond BC V7C 3E1

94 Malhi, Manjit, WPT ITF 920-789 West Pender Street 40,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

95 Manhas, Janak, WPT ITF 920-789 West Pender Street 20,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

07-May-2020

Date Christa-Lee Bond

Page 10 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

96 Mann, Bhupinder Kaur, WPT ITF 13130 69A Avenue 13,480.00 0.00 Preferred Shareholder Surrey BC V3W 6N9

97 Mann, Rajwinder Singh, WPT ITF 13130 69A Avenue 14,380.00 0.00 Preferred Shareholder Surrey BC V3W 6N9

98 Marshall, Deborah, WPT ITF 874 Kentwood Lane 15,000.00 0.00 Preferred Shareholder Victoria BC V8Y 3C6

99 Marshall, James Thomas, WPT ITF 3149 Keniris Rd 20,000.00 0.00 Preferred Shareholder Nelson BC V1L 6Z8

100 McLean, Teresa, WPT ITF 202-2930 Cook Street 33,334.00 0.00 Preferred Shareholder Victoria BC V8T 3S7

101 McVee, Lyle Edwin 308-1363 56th Street 5,000.00 0.00 Preferred Shareholder North Vancouver BC V4L 2P7

102 McWatters, Darren, WPT ITF 7612 Victoria Road 29,000.00 0.00 Preferred Shareholder Summerland BC V0H 1Z2

103 Messett, Daniel, WPT ITF 315-10 Ave 15,000.00 0.00 Preferred Shareholder Castlegear BC V1N 1K3

104 Miller, Kent David 5600 Clark Street 10,000.00 0.00 Preferred Shareholder Summerland BC V0H 1Z4

105 Misic, Milan, WPT ITF 920-789 West Pender Street 31,852.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

106 Mooney, Linda, WPT ITF 1811 Thornett Place 20,000.00 0.00 Preferred Shareholder Sooke BC V9Z 1A5

107 Morley, Sheila, WPT ITF 920-789 West Pender Street 7,500.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

108 Morley, Timothy, WPT ITF 920-789 West Pender Street 10,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

109 Mulley, Kelli, WPT ITF 4782 Amblewood Dr 30,000.00 0.00 Preferred Shareholder Victoria BC V8Y 2S3

110 Murphy, Barbara, WPT ITF 2581 Cambridge Street 36,100.00 0.00 Preferred Shareholder Vancouver BC V5K 1L3

111 Murphy, Darcy, WPT ITF 2581 Cambridge Street 26,250.00 0.00 Preferred Shareholder Vancouver BC V5K 1L3

112 O'Brien, Lynda-May Karen, WPT ITF 2 Chelsea Crescent, Chelsea 50,000.00 0.00 Preferred Shareholder Harbour London SW1 00XB United Kingdom

113 O'Brien, Tim, WPT ITF 311-251 W 4th Street 65,000.00 0.00 Preferred Shareholder North Vancouver BC V7M 1H8

07-May-2020

Date Christa-Lee Bond

Page 11 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

114 Open Door Spiritualist Church / Inner Quest 1600 Cook St, PO Box 934 Stn 18,000.00 0.00 Preferred Shareholder Foundation CSC Victoria BC V8W 2R9

115 O'Siddhachain, Michael, WPT ITF 38-280 Nelson Street 12,000.00 0.00 Preferred Shareholder Vancouver BC V6B 2E2

116 Park, Elisabeth Juhyun 705-1238 Burrard Street 5,000.00 0.00 Preferred Shareholder Vancouver BC V6Z 3E1

117 Paule, Winlove, WPT ITF 3625 29th Avenue East 2,500.00 0.00 Preferred Shareholder Vancouver BC V5R 1X3

118 Peramo, Danilo 9-5426 Dundee Street 3,000.00 0.00 Preferred Shareholder Vancouver BC V5R 5Y8

119 Perison, Erik Olavi, WPT ITF 6937 Aldeen Road, 5,500.00 0.00 Preferred Shareholder Prince George BC V2N 5P7

120 Peterson, Christine, WPT ITF 920-789 West Pender Street 104,598.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

121 Petillion, Richard, WPT ITF 727 Kangaroo Road 5,000.00 0.00 Preferred Shareholder Victoria BC V9C 4E2

122 Petterson, Brent, WPT ITF 407-158 W 13th Street 10,000.00 0.00 Preferred Shareholder North Vancouver BC V7M 0A7

123 Pheaton, Ellis, WPT ITF 920-789 West Pender Street 25,000.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

124 Pitts, Benoit, WPT ITF 9155 Emerald Drive 30,000.00 0.00 Preferred Shareholder Whistler BC V0N 1B9

125 Pitts, Sidney, WPT ITF 1487 Balsam Street 40,000.00 0.00 Preferred Shareholder Pemberton BC V0N 2L0

126 Pobran, Neal, WPT ITF 1-1831 Ambrosi Rd 10,000.00 0.00 Preferred Shareholder Kelowna BC V1Y 9N9

127 Purewal, Jaswinder, WPT ITF 7367 Jaspar Crescent 15,000.00 0.00 Preferred Shareholder Vancouver BC V5P 3S3

128 Ranauta, Jagjiwan, WPT ITF 2265 East 49th Avenue 24,270.00 0.00 Preferred Shareholder Vancouver BC V5P 1T9

129 Raynes, Brian Phillip 805 Forest Hills Drive 10,000.00 0.00 Preferred Shareholder North Vancouver BC V7R 1M9

130 Raynes, Myette Caroline, WPT ITF 2155 Phillip Avenue 150,000.00 0.00 Preferred Shareholder North Vancouver BC V7W 2T5

131 ReTread Solutions Ltd. 2843 Wall Street 50,000.00 0.00 Preferred Shareholder Vancouver BC V5K 1B1

132 Rigney, Brenda Sheryl-Ann 4243 John Street 25,000.00 0.00 Preferred Shareholder Vancouver BC V5V 3W8

07-May-2020

Date Christa-Lee Bond

Page 12 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

133 Rigney, Brendan James 4243 John Street 25,000.00 0.00 Preferred Shareholder Vancouver BC V5V 3W8

134 Robertson, Brian 30 Gorge Road East 16,000.00 0.00 Preferred Shareholder Victoria BC V9A 1K8

135 Robertson, Debra, WPT ITF 2685 Dewdney Ave 52,281.00 0.00 Preferred Shareholder Victoria BC V8R 3M3

136 Rock, Melanie 1501-1159 Main Street 50,000.00 0.00 Preferred Shareholder Vancouver BC V6A 4B6

137 Roehling, Alma, WPT ITF 14949 58A Avenue 30,000.00 0.00 Preferred Shareholder Surrey BC V3S 0S5

138 Roehling, Martin, WPT ITF 14949 58A Avenue 80,000.00 0.00 Preferred Shareholder Surrey BC V3S 0S5

139 Roehling, Sebastian, WPT ITF 14949 58A Ave 11,000.00 0.00 Preferred Shareholder Surrey BC V3S 0S5

140 Rose, Arden, WPT ITF 2-1953 Lisnoe Ave 36,000.00 0.00 Preferred Shareholder Saanichton BC V8M 2J9

141 Rose, John William Robert, WPT ITF 4050 Carey Road 10,000.00 0.00 Preferred Shareholder Victoria BC V8Z 4E3

142 Ross, Katrina, WPT ITF 1232 Bewdley Ave 20,000.00 0.00 Preferred Shareholder Victoria BC V9A 5N3

143 Roy, Guillaume 24 Gorge Rd E 34,000.00 0.00 Preferred Shareholder Victoria BC V9A 1K8

144 Sahota, Harjit, WPT ITF 840 E 64th Avenue 6,000.00 0.00 Preferred Shareholder Vancouver BC V5X 2N4

145 Saito, Leslie Anne, WPT ITF 607-1267 Marinaside Cres 10,000.00 0.00 Preferred Shareholder Vancouver BC V6Z 2X5

146 Sandhu, Balvir, WPT ITF 6695 Fleming Street 17,101.00 0.00 Preferred Shareholder Vancouver BC V5P 3H3

147 Sandhu, Sandeep, WPT ITF 6695 Fleming Street 17,611.00 0.00 Preferred Shareholder Vancouver BC V5P 3H3

148 Sandini, Michael, WPT ITF 3890 Dundas Street 10,000.00 0.00 Preferred Shareholder Burnaby BC V5C 1A4

149 Schaffer, Boris, WPT ITF 8545 Seascape Court 100,000.00 0.00 Preferred Shareholder West Vancouver BC V7W 3J7

150 Schibli, Walter, WPT ITF 603-525 Broughton St 100,000.00 0.00 Preferred Shareholder Victoria BC V8W 3E2

151 Scott, David B404 - 20211 66th Avenue 100,000.00 0.00 Preferred Shareholder Langley BC V2Y 0L4

07-May-2020

Date Christa-Lee Bond

Page 13 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

152 Scully, Roy, WPT ITF 2447 Selwyn Rd 5,000.00 0.00 Preferred Shareholder Victoria BC V9B 3K9

153 Seed, William, WPT ITF 3328 Glacier St 40,000.00 0.00 Preferred Shareholder Duncan BC V9L 3Z8

154 Sian, Gurjit, WPT ITF 741 East 54th Avenue 8,000.00 0.00 Preferred Shareholder Vancouver BC V5X 1L8

155 Sian, Harminder, WPT ITF 741 East 54th Avenue 19,000.00 0.00 Preferred Shareholder Vancouver BC V5X 1L8

156 Sidhu, Jasbir, WPT ITF 10200 Algonquin Drive 25,000.00 0.00 Preferred Shareholder Richmond BC V7A 3A4

157 Snider, Theodore, WPT ITF 202-2930 Cook Street 40,000.00 0.00 Preferred Shareholder Victoria BC V8T 3S7

158 Southgate, Allan E 7716 West Coast Rd 30,000.00 0.00 Preferred Shareholder Victoria BC V9Z 0R7

159 Stefanakis, Harilaos, WPT ITF 2837 Wall St 32,500.00 0.00 Preferred Shareholder Vancouver BC V5K 1B1

160 Stillborn, Tyler James 7294 201 Street 5,000.00 0.00 Preferred Shareholder Langley BC V2Y 3G3

161 Swanlund, Douglas, WPT ITF 700 Clayton Road 35,000.00 0.00 Preferred Shareholder Sidney BC V8L 5M4

162 Swanlund, Lonni, WPT ITF 700 Clayton Road 35,000.00 0.00 Preferred Shareholder Sidney BC V8L 5M4

163 Tam, Miriam 1203-9623 Manchester Drive 10,000.00 0.00 Preferred Shareholder Burnaby BC V3N 4Y8

164 Taylor, Valerie, WPT ITF 920-789 West Pender Street 168,086.00 0.00 Preferred Shareholder Vancouver BC V6C 1H2

165 Thornley, James, WPT ITF 3824-289 Alexander Street 10,000.00 0.00 Preferred Shareholder Vancouver BC V6A 4H6

166 Thorsborg, John, WPT ITF 2276 Edgelow St 20,000.00 0.00 Preferred Shareholder Victoria BC V8N 1R5

167 Tresierra, Cody Lee 6263-192 Street 35,000.00 0.00 Preferred Shareholder Surrey BC V3S 8E1

168 Vaadering, Marjorie Hiske Johanna 11304 91 Avenue 5,000.00 0.00 Preferred Shareholder Delta BC V4C 3J8

169 Van Nus, Richard 2527 Pineridge Place 25,000.00 0.00 Preferred Shareholder West Kelowna BC V4T 2J7

170 Vernon, Erwin Karl 21 Kault Hill Road 50,000.00 0.00 Preferred Shareholder Salmon Arm BC V1E 3A3

07-May-2020

Date Christa-Lee Bond

Page 14 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "D" Contingent or Other Liabilities

Encore Vineyards Ltd.

Name of creditor Address Amount of Amount Date when liability No. or claimant and occupation liability or claim expected to incurred Nature of liability rank for dividend

171 Walushka, Dana Edward 923 Worral Drive 10,000.00 0.00 Preferred Shareholder Victoria BC V9C 3C8

172 Weisgerber, Denise, WPT ITF 3876 Cedar Hill Cross Rd 25,000.00 0.00 Preferred Shareholder Victoria BC V8P 2M8

173 Wilson, Kent, WPT ITF 1034 Clare St. 99,954.00 0.00 Preferred Shareholder Victoria BC V8S 4B6

174 Wispinski, Michael Timothy 4850 McKee Place 10,000.00 0.00 Preferred Shareholder Burnaby BC V5J 2T2

175 Woolgar, Terri, WPT ITF 1525 San Juan Avenue 10,000.00 0.00 Preferred Shareholder Victoria BC V8N 2L4

176 Wright, Robert and Donna 24-2493 Casa Palmero Drive 10,000.00 0.00 Preferred Shareholder West Kelowna BC V1Z 4C6

177 Wu, Mary 115-170 Stocks Crescent 10,000.00 0.00 Preferred Shareholder Penticton BC V2A 9C6

Total: 5,106,761.00 0.00

07-May-2020

Date Christa-Lee Bond

Page 15 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "E" Debts Due to the Debtor

Encore Vineyards Ltd.

No. Name of debtor Address and Nature of debt Amount of debt Folio of ledgers or When Estimated to Particulars of any occupation (good, doubtful, other book where contracted produce securities held for bad) particulars to be found debt

0.00 Total: 0.00 0.00 0.00

07-May-2020

Date Christa-Lee Bond

Page 16 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "F"

Bills of Exchange, Promissory Notes, Lien Notes, Chattel Mortgages, etc., Available as Assets

Encore Vineyards Ltd.

Particulars of any property Name of all promissory, Amount of bill Estimated to No. held as security for acceptors, endorsers, Address Occupation or note, etc. Date when due produce mortgagors, and guarantors payment of bill or note, etc.

Total: 0.00 0.00

07-May-2020

Date Christa-Lee Bond

Page 17 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Continued

List "G" Real Property or Immovables Owned by Debtor

Encore Vineyards Ltd.

Description of property Nature of In whose name Total value Particulars of mortgages, debtor interest does title stand hypothecs, or other encumbrances Equity or surplus (name, address, amount)

Building and Land - Penticton - 361 Martin 100% interest Encore Vineyards Ltd. 2,954,000.00 BMO Financial Group - Mortgage 0.00 Street - Winery and restaurant Mezzanine Level, 595 Burrard Street Vancouver BC V7X 1L7 3,703,998.00 BMO Financial Group - Credit Line Mezzanine Level, 595 Burrard Street Vancouver BC V7X 1L7 1,350,000.00 Lalonde, Lisa Colette 5110 Hayes Street Summerland BC V0H 1Z4 55,000.00 Encore Vintners Ltd 390-825 Homer Street Vancouver BC V6B 2W2 7,168,699.00

Total: 2,954,000.00 0.00

07-May-2020

Date Christa-Lee Bond

Page 18 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. FORM 78 -- Concluded

List "H" Property

Encore Vineyards Ltd. FULL STATEMENT OF PROPERTY

Nature of property Location Details of property Original cost Estimated to produce

(a) Stock-in-trade Bottled wine & Bulk 2,573,891.00 257,389.00

(b) Trade fixtures, etc. 0.00 0.00

(c) Cash in financial institutions 0.00 0.00

(d) Cash on hand 0.00 0.00

(e) Livestock 0.00 0.00

(f) Machinery, equipment and plant 0.00 0.00

(g) Furniture Printer, charging stations, protective 1.00 1.00 tablet covers, cash drawers etc…Squirrel POS System NEC Phone System 16,204.20 6,940.50 Squirrel POS System 1.00 30,525.76 Mobile Carts 1.00 38,176.57 Kitchen Equipment 1.00 8,716.47 Glasswasher, Dishwasher, Backbar 0.00 23,198.92 cabinet Walkin Cooler, Refrigerator and 0.00 19,248.84 Sandwhich/salad preparation refrigerator Wine making equipment 0.00 1.00

(h) Life insurance policies, RRSPs, etc. 0.00 0.00

(i) Securities 0.00 0.00

(j) Interests under wills, etc. 0.00 0.00

(k) Vehicles Chevrolet Silverado 2015 0.00 20,000.00

(l) Taxes 0.00 0.00

(m) Other Book Debts - Trade receivables 67,448.84 1.00 1x Forklift 0.00 7,806.40

Total: 412,005.46

07-May-2020

Date Christa-Lee Bond

Page 19 of 19 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. 11-2643942 FORM 31 / 36 Proof of Claim / Proxy In the matter of the proposal of Encore Vineyards Ltd. of the City of Penticton, in the Province of British Columbia

All notices or correspondence regarding this claim must be forwarded to the following address: ______

______

In the matter of the proposal of Encore Vineyards Ltd. of the City of Penticton in the Province of British Columbia and the claim of ______, creditor. I, ______, of the city of ______, a creditor in the above matter, hereby appoint ______, of ______, to be my proxyholder in the above matter, except as to the receipt of dividends,______(with or without) power to appoint another proxyholder in his or her place.

I, ______(name of creditor or representative of the creditor), of the city of ______in the province of ______do hereby certify:

1. That I am a creditor of the above named debtor (or I am ______(position/title) of ______, creditor).

2. That I have knowledge of all the circumstances connected with the claim referred to below.

3. That the debtor was, at the date of proposal, namely the 7th day of May 2020, and still is, indebted to the creditor in the sum of $______, as specified in the statement of account (or affidavit or solemn declaration) attached and marked Schedule "A", after deducting any counterclaims to which the debtor is entitled. (The attached statement of account or affidavit must specify the vouchers or other evidence in support of the claim.)

4. (Check and complete appropriate category.) A. UNSECURED CLAIM OF $______(other than as a customer contemplated by Section 262 of the Act) That in respect of this debt, I do not hold any assets of the debtor as security and (Check appropriate description.) Regarding the amount of $ ______, I claim a right to a priority under section 136 of the Act. Regarding the amount of $______, I do not claim a right to a priority. (Set out on an attached sheet details to support priority claim.) B. CLAIM OF LESSOR FOR DISCLAIMER OF A LEASE $______That I hereby make a claim under subsection 65.2(4) of the Act, particulars of which are as follows: (Give full particulars of the claim, including the calculations upon which the claim is based.) C. SECURED CLAIM OF $______That in respect of this debt, I hold assets of the debtor valued at $______as security, particulars of which are as follows: (Give full particulars of the security, including the date on which the security was given and the value at which you assess the security, and attach a copy of the security documents.)

D. CLAIM BY FARMER, FISHERMAN OR AQUACULTURIST OF $______That I hereby make a claim under subsection 81.2(1) of the Act for the unpaid amount of $______(Attach a copy of sales agreement and delivery receipts.) E. CLAIM BY WAGE EARNER OF $______That I hereby make a claim under subsection 81.3(8) of the Act in the amount of $______, That I hereby make a claim under subsection 81.4(8) of the Act in the amount of $______,

F. CLAIM BY EMPLOYEE FOR UNPAID AMOUNT REGARDING PENSION PLAN OF $______That I hereby make a claim under subsection 81.5 of the Act in the amount of $______, That I hereby make a claim under subsection 81.6 of the Act in the amount of $______,

Page 1 of 2 FORM 31/36 --- Concluded G. CLAIM AGAINST DIRECTOR $______(To be completed when a proposal provides for the compromise of claims against directors.) That I hereby make a claim under subsection 50(13) of the Act, particulars of which are as follows: (Give full particulars of the claim, including the calculations upon which the claim is based.)

H. CLAIM OF A CUSTOMER OF A BANKRUPT SECURITIES FIRM $______

That I hereby make a claim as a customer for net equity as contemplated by section 262 of the Act, particulars of which are as follows: (Give full particulars of the claim, including the calculations upon which the claim is based.)

5. That, to the best of my knowledge, I ______(am/am not) (or the above-named creditor ______(is/is not)) related to the debtor within the meaning of section 4 of the Act, and ______(have/has/have not/has not) dealt with the debtor in a non-arm's-length manner.

6. That the following are the payments that I have received from, and the credits that I have allowed to, and the transfers at undervalue within the meaning of subsection 2(1) of the Act that I have been privy to or a party to with the debtor within the three months ( or, if the creditor and the debtor are related within the meaning of section 4 of the Act or were not dealing with each other at arm's length, within the 12 months) immediately before the date of the initial bankruptcy event within the meaning of Section 2 of the Act: (Provide details of payments, credits and transfers at undervalue.)

7. (Applicable only in the case of the bankruptcy of an individual.) Whenever the trustee reviews the financial situation of a bankrupt to redetermine whether or not the bankrupt is required to make payments under section 68 of the Act, I request to be informed, pursuant to paragraph 68(4) of the Act, of the new fixed amount or of the fact that there is no longer surplus income.

I request that a copy of the report filed by the trustee regarding the bankrupt’s application for discharge pursuant to subsection 170(1) of the Act be sent to the above address.

Dated at ______, this ______day of ______, ______.

______Witness Individual Creditor

______Witness ______Name of Corporate Creditor

Per ______Name and Title of Signing Officer

Return To: Phone Number: ______Fax Number: ______E-mail Address: ______

BDO Canada Limited / BDO Canada Limitée - Licensed Insolvency Trustee

______600 Cathedral Place 925 West Georgia Street Vancouver BC V6C 3L2 Phone: (604) 646-4395 Fax: 1 (888) 387-0427

NOTE: If an affidavit is attached, it must have been made before a person qualified to take affidavits.

WARNINGS: A trustee may, pursuant to subsection 128(3) of the Act, redeem a security on payment to the secured creditor of the debt or the value of the security as assessed, in a proof of security, by the secured creditor.

Subsection 201(1) of the Act provides severe penalties for making any false claim, proof, declaration or statement of account.

Page 2 of 2 District of: British Columbia Division No. 04 - Vernon Court No. Estate No. 11-2643942 Proxy / Voting letter

In the matter of the proposal of Encore Vineyards Ltd. of the City of Penticton, in the Province of British Columbia

I, ______, of ______, a creditor in the above matter, hereby appoint ______, of ______, to be my proxyholder in the above matter, except as to the receipt of dividends,______(with or without) power to appoint another proxyholder in his or her place.

I, ______, creditor (or I, ______, representative of ______, creditor), of ______, a creditor in the above matter for the sum of $ ______, hereby request the trustee acting with respect to the proposal of Encore Vineyards Ltd., to record my vote ______(for or against) the acceptance of the proposal as made on the ______day of ______, ______.

Dated at ______, this ______day of ______, ______.

______Witness Individual Creditor

______Witness Name of Corporate Creditor

Per ______Name and Title of Signing Officer

Return To:

BDO Canada Limited / BDO Canada Limitée - Licensed Insolvency Trustee Per:

______Ilya Margulis - Licensed Insolvency Trustee 600 Cathedral Place 925 West Georgia Street Vancouver BC V6C 3L2 Phone: (604) 646-4395 Fax: 1 (888) 387-0427

Page 1 of 1 CHECKLIST FOR PROOFS OF CLAIM This checklist is provided to assist you in preparing the accompanying proof of claim form and, where required, proxy form in a complete and accurate manner. Please specifically check each requirement. PROOF OF CLAIM ► The signature of a witness is required; ► The claim must be signed personally by the individuals; ► If the creditor is a corporation, the full and complete legal name of the company or firm must be stated; ► Give the complete address, including postal code, where all notices or correspondence is to be forwarded, the name of the person to contact, the phone number and fax number.

PARAGRAPH 1

► Please state your name, city of residence, and if you are completing the declaration for a corporation or another person, your position or title.

PARAGRAPH 3

► State the date of bankruptcy, proposal of receivership and the amount of your claim; ► A detailed statement of account must be attached and must show the date, number and amount of all the invoices, charged credits or payments; ► A statement of account is not complete if it begins with an amount brought forward; ►The amount of the statement of account must agree with the amount claimed on the proof of claim.

PARAGRAPH 4

► An ordinary creditor must check subparagraph A. A preferred creditor must set out on an attached schedule the particulars of your priority; ► A secured creditor must check subparagraph C. You must insert the value at which you asses each of your securities and provide a certified true copy of the security documents as registered.

PARAGRAPH 5 Strike out “are” or “are not” as applicable to you. You would be considered a related person if:

► You are related to blood or marriage to the debtor; ► If the debtor is a corporation and you were a shareholder or if your company was controlled by the same shareholders as the debtor corporation.

PARAGRAPH 6

All creditors must attach a detailed list of all payments or credits received or granted, as follows:

► Within the 3 months preceding the bankruptcy or proposal, if the creditor and the debtor are not related; ► Within 12 months preceding the bankruptcy or proposal, if the creditor and debtor are related.

In the case of an individual’s bankruptcy only, you may request some or all of the items stated after paragraph 6.

GENERAL PROXY A creditor may appoint a proxy by completing the proxy form, if the creditor is a corporation, the proxy form must be completed in the corporate name and signature witness.

NOTES

► Only creditors who have filed claims in the proper manner before the time appointed for the meeting of creditors are entitled to vote; ► A creditor may vote either in person or by proxy; ► A debtor may not be appointed a proxy at any meeting of his creditors; ► The trustee may be appointed as a proxy to for any creditors; ► A corporation may vote by an authorized agent at the meeting of creditors; ► In order to have the right to vote, a person must himself be a creditor or be the holder of a property executed proxy showing the name of the creditor; ► Only creditors who filed claims in the proper form with the trustee are entitled to share in any distribution that may be made.

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