ACADIA BROADCASTING

#73 Ownership – Broadcasting - CRTC 2021-08-17

UPDATE

Update – 2016-02-02 - Amalgamation on 2016-01-01 of Hedera Helix Limited and Rosa Rugosa Investments Limited to continue as Rosa Rugosa Investments Limited.

Administrative Decision – 2016-04-28 – approved a change to the ownership and effective control of Radio CJLS Limited, from a joint control by Mr. Zinck and Mr. Perry to Acadia Broadcasting Limited. (2015-1276-5)

Amalgamation – 2017-09-01 – of Acadia Broadcasting Limited, 679823 N.B. Limited, 679821 N.B. Limited and Radio CJLS Limited to continue as Acadia Broadcasting Limited.

Administrative Decision – 2019-03-08 – approved a change in ownership and effective control of MacEachern Broadcasting Limited through the transfer of all of its issued and outstanding shares to Acadia Broadcasting Limited.

Update – 2019-10-18 – name change on 3 April 2019 of MacEachern Broadcasting Limited to CIGO Limited.

Amalgamation – 2020-09-01 – of Acadia Broadcasting Limited and CIGO Limited to continue as Acadia Broadcasting Limited.

CRTC 2021-140 – approved the acquisition by Acadia Broadcasting Limited of the assets of CKHY-FM and CKHZ-FM Halifax from HFX Broadcasting Inc. NOTE: The transaction closed on May 31, 2021

CRTC 2021-247 – approved, as part of a corporate reorganization, the acquisition by Acadia Broadcasting Corporation of the assets of all the licensed broadcasting undertakings in , and owned by Acadia Broadcasting Limited. NOTE: The transaction will be reflected upon receipt of the closing date

NOTICE The CRTC ownership charts reflect the transactions approved by the Commission and are based on information supplied by licensees. The CRTC does not assume any responsibility for discrepancies between its charts and data from outside sources or for errors or omissions which they may contain.

#73 Ownership – Broadcasting - CRTC 2021-08-17 APPENDIX

Notes: The percentages in this chart refer to voting rights only.

The identification (M) after a call sign and location of a radio or television listed below, indicates an originating station with rebroadcasting transmitter(s)

The identification (O) after a call sign and location of a radio or television listed below, indicates an originating station without rebroadcasting transmitter(s)

Decision CRTC 2021-247 approved, as part of a corporate reorganization, the acquisitions by Acadia Broadcasting Corporation of the assets of all the licensed broadcasting undertakings in Ontario, New Brunswick and Nova Scotia owned by Acadia Broadcasting Limited. This tranaction will be reflected upon receipt of the closing date.

Acadia Broadcasting Limited is held as follows:

 50% by Black-Tip Investments Limited which in turn is 100% held by John K.F. Irving and  50% by Rosa Rugosa Investments Limited and which in turn is 100% held by Anne C.I. Oxley

Acadia Broadcasting Limited is licensee of the following radio programming undertakings:

Ontario - CFOB-FM Fort Frances (M) - CJRL-FM Kenora (O) - CJUK-FM (O) - CKDR-2-FM Sioux Lookout (M) - CKDR-5-FM Red Lake (M) - CKDR-FM Dryden (O) - CKTG-FM Thunder Bay (O)

New Brunswick - CHSJ-FM Saint John (O) - CHTD-FM St. Stephen (O) - CHWV-FM Saint John (O) - CKNI-FM (O)

Nova Scotia - CIGO-FM Port Hawkesbury (O) - CJHK-FM Bridgewater (O) - CJLS-FM Yarmouth (M) - CKBW-FM Bridgewater (M) - CKHY-FM Halifax (O) - CKHZ-FM Halifax (O)

#73 Ownership – Broadcasting - CRTC 2021-08-17