2021 Salary Projection Survey Insights on compensation trends expected in 2021 - Summary report

38th edition | September 2020 Table of contents

1 Introduction 2 Compensation consulting 3 Participant profile 6 Survey highlights 8 Historical base salary increase trend 9 Base salary 11 Salary structure 13 Survey participants 22 Notice 22 For more information Introduction

The results presented in this report are an analysis of responses collected between July and August 2020 to the 38th edition of Morneau Shepell’s 2021 Salary Projection Survey. The data represents a broad cross-section of industries representing 889 organizations across and provides data on actual salary budget increase percentages for the past and current years, along with projected increases for next year.

• The report contains segmented data and a detailed analysis by Morneau Shepell’s compensation consultants. • Survey participation jumped over 75% on a year over year basis from 506 organizations participating in 2019, to 889 in 2020. Many of these organizations also participated in our 2020 Canadian Salary Surveys. • Survey data includes actual 2020 and projected 2021 base salary increases and salary structure adjustments. • Survey data is reported excluding zeros and including zeros (freezes) but does not include temporary rollbacks due to COVID-19. • Findings are summarized for non-unionized employees. • Statistical requirements applied to the data analysis include a minimum of three organizations for average/mean reported results, and a minimum of five organizations for median/50th percentile results.

Definition of statistics Median/50th percentile Point where 50% of the sample fall below and 50% are above

Mean/average Sum of the average data reported by each organization, divided by the total number of these organizations

Dash (—) Data is not included because it is not applicable

2021 Salary Projection Survey | September 2020 1 Compensation consulting Our compensation consultants have extensive experience in providing compensation design services to organizations in a variety of industries across Canada. As a result, we know how to manage some of the more difficult aspects of designing compensation programs and performing compensation benchmarking, such as; evaluating pay alignment with strategy and regulatory requirements, developing sound comparator groups, designing incentive plans and sourcing compensation information. The Morneau Shepell compensation consulting practice has deep expertise in the following areas: • Compensation philosophy and principles • Executive employment, severance and change • Market pricing and competitive pay in control agreements benchmarking • Special events (i.e. M&A, executive • Job evaluation succession, IPOs, going private, etc.) • Pay equity • Executive pay-for-performance analysis • Salary structures • Board and compensation committee advisory services • Performance management • Board of Directors compensation plan review • Total compensation statements and design • HR policy review • Governance best practices • Education and training services • Compensation disclosure • Short and long-term incentive plans • Supplemental executive retirement plans • Benefits and perquisites

Retain Attract

Well-being Base Salary

Pension Benefi ts Elements of Morneau Shepell Total Rewards

Perquisites Career

Variable Pay Recognition Motivate Engage

2021 Salary Projection Survey | September 2020 2 Participant profile

Below is the breakdown of the 889 survey participants:

Revenue/annual operating budget ($ million) - Distribution

Up to 10 17.2% 11 to 50 25.3%

Greater than 1,000 16.5% 51 to 250 20.8%

501 to 1,000 9.5% 251 to 500 10.7%

Number of full-time equivalent employees (FTEs) in Canada - Distribution

Greater than 2,000 16.2% Up to 50 15.2%

1,001 to 2,000 51 to 250 34.6% 11.2%

501 to 1,000 8.5% 251 to 500 14.3%

2021 Salary Projection Survey | September 2020 3 Organization ownership type - Distribution

Not-for-Profit 23.3 % Joint Venture 1.2% State-Owned Enterprise (Crown Corporation) 6.9%

Publicly Traded on Privately Owned a Stock Exchange 19.0% Organization 49.6%

Operating regions in Canada - Distribution

British Columbia 13.4% 13.8%

Northern Canada 2.1% Newfoundland and Labrador 4.6% 8.1% Prince Edward Island 3.2%

Nova Scotia 6.7% 7.6%

New Brunswick 5.4%

Quebec 15.3% 19.8%

2021 Salary Projection Survey | September 2020 4 Industry Distribution Accommodation and food services 2.1% Administrative and support, waste management and remediation services 0.4% Agriculture, forestry, fishing and hunting 2.8% Arts, entertainment and recreation 2.1% Construction 4.7% Educational services 3.6% Finance and 9.7% Health care and social assistance 7.2% Information and cultural industries 1.0% Management of companies and enterprises 0.6% Manufacturing 14.4% Mining and oil and gas extraction 3.6% Other services (except public administration) 11.4% Professional, scientific and technical services 13.2% Public administration 6.2% Real estate, rental and leasing 2.9% Retail trade 4.2% Transportation and warehousing 4.9% Utilities 2.4% Wholesale trade 2.6%

2021 Salary Projection Survey | September 2020 5 Survey highlights For our 38th edition of the Salary Projection Survey, participants include 889 organizations across Canada from various industries and sizes. The annual Morneau Shepell salary projection survey indicates that non-unionized employees are expected to receive on average an annual salary increase of 2.5% in 2021 excluding salary freezes, and 1.9% including salary freezes. It should be noted that in 2020, 36% of organizations froze their salaries compared to a forecast of 2.0%. For 2021, 13% of organizations plan to freeze their salaries. In addition, 46% of organizations are undecided about whether to increase or freeze salaries for 2021. In last year’s survey, the forecasted average salary increase excluding salary freezes for 2020 was 2.7%, compared to an actual salary increase of 2.6%, however this number drops to 1.6% including salary freezes. The highest projected average salary increases for 2021 in Canada, excluding freezes, are expected to be in the Administrative and Support, Waste Management and Remediation Services at 3.0% and in the Professional, Scientific and Technical Services at 2.8%. Lower than average increases are expected in the Educational Services and Health Care and Social Assistance industries at 1.8%. Furthermore, 78% of respondents use salary structures to manage salaries of non-unionized employees. Out of the 889 participants, 329 organizations employ both unionized and non-unionized employees. Our survey data indicates an insignificant difference between the two groups in terms of base salary budget increases.

2021 Salary Projection Survey | September 2020 6 Overall 2020 / 2021 base salary increases and salary structure adjustments The results below compares the average 2020 / 2021 actual and projected increases to base salaries and adjustments to salary structures including zeros and excluding zeros, for non-unionized employees.

Actual 2020 excluding zeros Projected 2021 excluding zeros

2.6% 2.2% 2.5% 2.1% BASE SALARY SALARY STRUCTURE BASE SALARY SALARY STRUCTURE

Actual 2020 including zeros Projected 2021 including zeros

1.6% 1.6% 1.9% 1.5% BASE SALARY SALARY STRUCTURE BASE SALARY SALARY STRUCTURE

2021 Salary Projection Survey | September 2020 7 Historical base salary increase trend

3-year National average base salary increase excluding zeros/including zeros (freezes)

3.00% © 2020 Morneau Shepell Ltd.

2.75% 2.6 2.6 2.6 2.5 2.50% 2.5 2.4 2.25%

2.00% 1.9 1.75% 1.6

1.50% 2018 2019 2020 2021

Actual excluding zeros Projected excluding zeros Actual including zeros Projected including zeros

2021 Salary Projection Survey | September 2020 8 Base salary National data broken down by province shows an overall actual average base salary increase including freezes of 1.6% for 2020 and a projected average base salary increase of 1.9% 2021.

Table 1 – Base salary increases by province

2020 Actual base 2021 Projected base salary increase salary increase Province Including Excluding Including Excluding freezes freezes freezes freezes 1.6% 2.6% 2.0% 2.5% Alberta 1.4% 2.5% 1.7% 2.4% Saskatchewan 1.6% 2.5% 1.9% 2.4% Manitoba 1.7% 2.5% 1.9% 2.4% Ontario 1.6% 2.5% 2.0% 2.4% Quebec 1.8% 2.6% 2.1% 2.5% New Brunswick 1.8% 2.5% 2.1% 2.4% 1.7% 2.5% 2.0% 2.4% Prince Edward Island 1.9% 2.5% 2.0% 2.4% Newfoundland and Labrador 1.8% 2.4% 2.0% 2.3% Northern Canada 1.7% 2.4% 1.8% 2.3% National weighted average 1.6% 2.6% 1.9% 2.5%

2021 Salary Projection Survey | September 2020 9 Industry data shows an overall actual average increase including freezes ranging from 0.5% to 2.6% for 2020 and a projected average base salary increase ranging from 0.6% to 3.0% for 2021.

Table 2 – Base salary increases by industry

2020 Actual base 2021 Projected base salary increase salary increase Industry Including Excluding Including Excluding freezes freezes freezes freezes Accommodation and food services 1.1% 2.4% 1.3% 2.3% Administrative and support, waste 1.8% 2.4% 3.0% 3.0% management and remediation services Agriculture, forestry, fishing and hunting 2.0% 2.6% 2.0% 2.4% Arts, entertainment and recreation 0.5% 2.3% 0.8% 2.4% Construction 1.3% 2.5% 1.8% 2.4% Educational services 0.9% 2.0% 0.8% 1.8% Finance and insurance 2.2% 2.7% 2.2% 2.5% Health care and social assistance 1.3% 2.0% 1.2% 1.8% Information and cultural industries 1.4% 2.2% 2.0% 2.6% Management of companies and enterprises 1.6% 1.9% 0.6% 2.5% Manufacturing 1.6% 2.5% 2.1% 2.6% Mining and oil and gas extraction 1.6% 2.8% 1.8% 2.7% Other services (except public administration) 1.5% 2.7% 1.8% 2.5% Professional, scientific and technical services 1.8% 2.9% 2.2% 2.8% Public administration 1.8% 2.3% 1.8% 2.3% Real estate, rental and leasing 2.4% 3.1% 2.0% 2.4% Retail trade 1.1% 2.3% 1.5% 2.2% Transportation and warehousing 1.5% 2.6% 2.0% 2.5% Utilities 2.6% 2.6% 2.4% 2.6% Wholesale trade 1.6% 2.7% 2.2% 2.4% National weighted average 1.6% 2.6% 1.9% 2.5%

2021 Salary Projection Survey | September 2020 10 Salary structure Provincial data shows an overall actual average salary structure adjustment including freezes ranging from 1.4% to 1.7% for 2020 and a projected average salary structure adjustment ranging from 1.3% to 1.6% for 2021.

Table 3 – Salary structure adjustment by province

2020 Actual salary 2021 Projected salary structure adjustment structure adjustment Province Including Excluding Including Excluding freezes freezes freezes freezes British Columbia 1.6% 2.2% 1.6% 2.1% Alberta 1.4% 2.1% 1.3% 2.0% Saskatchewan 1.5% 2.1% 1.4% 2.1% Manitoba 1.6% 2.2% 1.4% 2.1% Ontario 1.6% 2.1% 1.5% 2.0% Quebec 1.7% 2.4% 1.6% 2.2% New Brunswick 1.6% 2.2% 1.5% 2.1% Nova Scotia 1.6% 2.3% 1.5% 2.1% Prince Edward Island 1.6% 2.2% 1.4% 2.1% Newfoundland and Labrador 1.6% 2.2% 1.4% 2.1% Northern Canada 1.6% 2.2% 1.5% 2.0% National weighted average 1.6% 2.2% 1.5% 2.1%

2021 Salary Projection Survey | September 2020 11 Industry data shows an overall actual average adjustment including freezes ranging from 1.2% to 2.5% for 2020 and a projected average salary structure adjustment ranging from 0.8% to 2.0% for 2021.

Table 4 – Salary structure adjustment by industry

2020 Actual salary 2021 Projected salary structure adjustment structure adjustment Industry Including Excluding Including Excluding freezes freezes freezes freezes Accommodation and food services 1.4% 2.1% 1.6% 2.0% Administrative and support, waste 1.5% 3.0% 1.5% 3.0% management and remediation services Agriculture, forestry, fishing and hunting 1.9% 2.3% 2.0% 2.3% Arts, entertainment and recreation 1.2% 2.1% 1.2% 2.4% Construction 2.1% 2.6% 2.0% 2.3% Educational services 1.2% 2.0% 0.8% 1.6% Finance and insurance 1.6% 2.0% 1.3% 1.8% Health care and social assistance 1.4% 2.0% 1.2% 1.8% Information and cultural industries 1.8% 2.1% 1.6% 2.1% Management of companies and enterprises 2.5% 2.5% 1.2% 1.8% Manufacturing 1.8% 2.4% 1.7% 2.3% Mining and oil and gas extraction 1.5% 2.2% 1.7% 2.1% Other services (except public administration) 1.5% 2.3% 1.4% 2.2% Professional, scientific and technical services 1.6% 2.3% 1.6% 2.2% Public administration 1.7% 1.9% 1.5% 1.8% Real estate, rental and leasing 1.7% 2.3% 1.6% 2.2% Retail trade 1.4% 2.1% 1.1% 1.9% Transportation and warehousing 1.9% 2.4% 1.8% 2.2% Utilities 1.9% 2.0% 1.7% 2.0% Wholesale trade 1.4% 2.2% 1.7% 2.1% National weighted average 1.6% 2.2% 1.5% 2.1%

2021 Salary Projection Survey | September 2020 12 Survey participants

Accommodation and food services South Wesst Terminal Airline Hotels Limited The Teal-Jones Group Auberge Saint-Antoine Trouw Nutrition Canada Cabot Cape Breton Union des producteurs agricoles Compass Group Canada Ltd Wildrose Equipment Fairmont Banff Springs GEF Seniors Housing Arts, entertainment and recreation Groupe St-Hubert Blue Ant Media Holiday Inn Ottawa East Calgary Winter Club Hôtel du Lac Carling Canlan Ice Sports Corp InnVest Hotels Cineplex Kellogg East Side Games L’OREAL Canada Great Canadian Gaming Corporation McDonald’s Restaurants of Canada Limited Guru Studio Recipe Unlimited Corporation Influence Marketing Restaurant le GREC LQ Sawridge LSM Silvera for Seniors McMichael Canadian Art Collection SilverBirch Hotels & Resorts Niagara Casinos Soul Restaurants Canada Inc. Parc Six Flags, SEC Montréal (La Ronde) Starbucks Coffee Canada, Inc. Repsol Sport Centre The Calgary Zoo Administrative and support, waste The National Ballet of Canada management and remediation services Woozworld Alberta Beverage Container Recycling Corporation YMCA Calgary ARQ Badger Daylighting Construction Tervita Corporation AccessSMT Holdings Ltd. Aecon Construction Group Inc. Agriculture, forestry, fishing and hunting Almita Piling Inc. Ag-West Bio Inc. Aquatech Dewatering Company AV Terrace Bay ARCA BC Milk Marketing Board Beedie Centre d’études sur les coûts de productions agricoles Bl Construction Cereals Canada Bockstael Construction Limited Cervus Equipment Corporation Bossé Québec Inc. CRAAQ Camdon Construction EACOM Timber Corporation Canstar Restorations EastGen CDN Controls Ltd. Enchant Seed Plant Clean Water Works Inc. Friesen Group of Companies Colas Canada Inc G3 Canada Limited Crestview Group Gorman Group CSL Group Ltd. Holstein Canada Dragados Canada Inc. Huron Tractor Ltd. Elan Construction Limited Lactanet Epscan Industries Ltd Richardson International Ltd Gamma Windows and Walls International Inc. Semences Prograin Gentek Building Products Semex Guard-X

2021 Salary Projection Survey | September 2020 13 Construction (cont.) Finance and Insurance Jacobs Eng. Access Limited Lafarge Canada Inc. Active Care Management Location SSJ Admiral Insurance Services Loiselle AGF Management Ltd. Mattamy Asset Management AIC Global Holdings Inc. Mishovl North America Construction NRJ BCAA Phoenix Industrial Benefits by Design Pomerleau BlueShore Financial PTW BMO Financial Group Scansa Construction Ltd. Bull Wealth Management Group Inc. Scott Builders Inc Business Development Sullivan Butterfield Support Services (Halifax) Limited Supermetal Canadian Bankers Association TACC Construction Ltd Canadian Credit Union Association Tomlinson Canadian Premier Life Insurance Townline Volker Stevin CapriCMW Insurance Westco Construction Ltd Chubb Insurance Company of Canada CI Investments Educational services CIBC Appleby College CIBC Mellon Association des Scouts du Canada Federal Credit Union Canadian College of Naturopathic Medicine Concentra Bank Cape Breton University Connect First Credit Union Carleton University Credit Union Central of MB CATIE Economical Insurance Cégep Édouard-Montpetit Equitable Life of Canada Cégep Limoilou Erb and Erb Insurance Brokers Centre de services scolaire Excel Benefit Consulting Inc, Columbia College Export Development Canada CompHum Concordia University Farm Credit Canada D.A.R.E. BC Society First National Financial Foundations for the Future Charter Academy G&F Financial Group George Brown College Global Excel Management Humber College Global Excel Management Inc. Kids@ Churchill Park Green Shield Canada KIN-DIR Education Foundation Groupement des assureurs automobiles Langara College Gurmeet Thind MacEwan University Healthcare and Municipal Employees Credit Union Niagara College IG Wealth Management Northern Ontario School of Medicine Industriel Alliance NSECSB Innovacorp PLG Capital Humain Intact Financial Corporation Queen’s University Interior Savings Credit Union Red Deer College Investment Industry Regulatory Organization of Canada Seneca College Kerr Financial Consultants Inc. Trafalgar Castle School La Capitale assurance et services financiers Université de Saint-Boniface Lackner McLennan Insurance Ltd Laguë Vary Verreault et Associés Inc. University of Calgary L’assurance Mutuelle des fabriques de Québec

2021 Salary Projection Survey | September 2020 14 Finance and Insurance (cont.) Collège des médecins du Québec Lloyd Sadd Insurance Brokers Ltd. Connecting Care Manion Wilkins & Associates Cornerstone Family Violence Prevention Centre Manitoba Blue Cross Corporation d’urgences-santé Medavie Blue Cross Covenant Health Meridian Credit Untion CUPS Calgary Society Middlesex Mutual Insurance Co. Doctors of BC Mouvement Desjardins Dragonfly Counselling & Support Centre Nova Scotia Pension Services Corporation Dynacare Ontario Mutual Insurance Association Elim VIllage Optimum Groupe financier Empower Simcoe Osler, Hoskin & Harcourt LLP EQ Care Promutuel Assurance First Nations Health Authority Q4 US, LLC. Grandview Children’s Centre Ralph Moss Ltd H&H Total care Services Richardson GMP Hexo Corp RSA Hôpital Montfort SeaFirst Insurance Brokers Houselink Community Hmes Innovative Medicines Candaa SHEPP KidsAbility Centre for Child Development Stewart Financial MacKays Funeral Services Ltd Tarion Warranty Corporation Mayfair Diagnostics TCU Financial Group Middlesex-London Health Unit TD Bank Group Momiji Health Care Society The Co-operators Group Ltd. New Age Services Inc. Toyota Credit Canada Niagara Health UNI Nova Scotia Health Authority Unity Credit Union Ontario Health VersaBank Ontario Health (Digital Services) Wawanesa Ontario Hospital Association Western Financial Group Ottawa-Carleton Lifeskills Inc. WFCU credit union Portage Workplace Safety and Insurance Board Revera Inc. Zurich Canada Richmond Society for Community Living Rygiel Supports for Community Living SAHO Health care and social assistance Salvation Army Canada Accueil Bonneau Sanofi Canada Inc. Alberta Cancer Foundation Saskatchewan Health Authority Amica Services and Housing In the Province Association bénévole de l’île d’Orléans Shared Services West Bausch Health, Canada Siemens Healthineers Baxter Canada Simcoe Muskoka Child Youth and Family Services Calgary Meals on Wheels Sinclair Dental Co. Ltd. Canadian Addiction Treatment Centres Stollery Children’s Hospital Foundation Canadian Health Care Agency Ltd. The Hamlets Canuck Place Children’s Hospice The Meadows CapitalCare VHA Home HealthCare Children’s Aid Society of London & Middlesex Villa Acadienne CISSS World Vision Canada Clearpoint Health Network Inc.

2021 Salary Projection Survey | September 2020 15 Information and cultural industries Delta-Q Technologies Aga Khan Museum Di-Corp CBC/Radio-Canada Ditech Paint Co Ltd Corus Entertainment DSI Underground Danse Danse Dutch Industries Ltd. JOVACO Solutions Inc Eaton La Presse EBI Electric Musée McCord et Musée Stewart Engineered Air Québecor ERCO Worldwide Estee Lauder Cosmetics Ltd Exchanger Industries Limited Flodraulic Controls Management of companies and enterprises Foodarom Associations Plus Inc. Ford Motor Company of Canada, Limited Consultation VS Frank Ralphs Limited Coril Holdings Ltd FRE Composites Inc. Fengate Asset Management General Dynamics Land Systems-Canada Leaders de valeur Granby FRP Tanks Inc. Groupe Canmec Manufacturing Groupe de sécurité MGM Inc. A & D Prévost inc. Hammond Power Solutions Inc ABCRC Hard-Line Solutions AEM Héroux-Devtek Aeromotion Canada ICC Cheminées Industrielles Inc. Agropur Ice River Springs Air Liquide Canada Industries Granby AirBoss of America Corp. Industries Show Canada Inc Airbus Helicopters Canada Infra Pipe Solutions Aluminerie Alouette Inc. International Road Dynamics Inc. Ampco Manufacturers Inc. J D Irving Apotex Inc. JGR Asahi Refining Canada Kemira Autolog Kisko Ballard Power Systems Inc. Knowlton Developement Corporation Inc. Bateaux Princecraft.com Kruger Inc. BD kubik Bleu Tech L3Harris WESCAM Blount Canada LNG Canada Development Inc Boa-Franc senc Lofthouse Manufacturing Bonduelle Louis Garneau Sports Brooklin Concrete Lowe-Martin BWXT Canada Ltd Luminescent Systems Canada Inc Cabot Corporation Magna International Inc. California Innovations, Inc. Maple Leaf Foods Canada Forgings Inc. Masterbrand Canalta Controls Ltd. Masterfeeds Inc. Cardinal Meat Specialists Métal Bernard Cascades inc Methanex CCC MI Intégration CenterLine (Windsor) Limited Mobile Climate Control Inc. Conestoga Meats Mother Parkers Tea & Coffee CPI Murray Latta Progressive Machine Inc CSL Silicones Inc. Neovasc Medical, Inc. Danone NorthPoint Technical Services DCL Corporation NOVA Chemicals

2021 Salary Projection Survey | September 2020 16 Manufacturing (cont.) Dyno Nobel Inc. NovAtel Inc. Graymont Pactiv Canada IAMGOLD Corporation Paramount Pallet K+S Canada PolyExpert KCA Deutag Drilling Canada Inc Prinoth Ltée Keyera Produits Alimentaires Berthelet inc Kinross Gold Corporation Propak Systems Kinross Gold Corporation Rayonier Advanced Materials MEG Energy Raytheon ELCAN NAL Resources Richards-Wilcox Canada Oj pipelines canada corp Royal Canadian Mint Polycor Safran Landing Systems Canada Inc. Praxair Canada inc. Shalwin inc. Rambler Metals and Mining Sleeman Breweries Ltd Sherritt International SMS Equipment Inc. Teck Sofina Foods Inc. The Mosaic Company Solution usinage inc. Thyssen Mining Construction of Canada Solutions Préfab AmeriCan Structures Inc. Turquoise Hill Resources Inc. Southland Trailer Corp. Virtus Mining Ltd. Stace Stackpole International Other services (except public administration) Steelcraft Inc., AccurateSecurity.com Stella-Jones Inc. Alberta Seniors & Community Housing Association Superior Essex EGI Canada Inc Algo Design Technologies Humanware Alternative Naissance Teledyne DALSA ANHBC TeraXion BC Pavilion Corporation Termaco Brother International Corporation (Canada) Ltd Therapure Biopharma CAA Club Group Thyssenkrupp elevators CAA-Québec Ultra Electronics Maritime Calgary Airport Authority Umicore Autocat Canada Corp. Canadian Federation of Independent Business Unicor Canadian Life and Health Insurance Association Inc. Watson Gloves Canadian Medical Association Westpower Canadian Olympic Committee Winpak CIAC Xerox Canada Citron Hygiene YFAI Mississauga College of Registered Nurses of Newfoundland and Labrador Colliers Project Leaders Mining and oil and gas extraction Convention Centre AECOM Energy Operations & Maintenance Corporation des concessionnaires d’automobiles du Québec ArcelorMittal Produits longs Canada Corporation des services d’ambulances du Québec B2Gold Corp CSA Group Bantrel Co. DDRC Birchill Canada Diocese of Timmins Corporation Economic Development Corporation Centerra Gold Inc. Ensemble Travel Group CG Industrial Specialties Entreprises Galephic Inc. Coeur Mining, Inc. FBC (Farm Business Consultants) CSV Midstream Solutions Corp FCFA du Canada De Beers Canada Inc. Federation CJA Discover Chemicals Fédération des coopératives funéraires du Québec Dundee Precious Metals Inc Fillactive

2021 Salary Projection Survey | September 2020 17 Other services (except public administration) Professional, scientific and technical (cont.) services Foster & Company Absorb Software go2 Tourism HR Society ADP Canada Hercules SLR Inc ADT Heritage Park Society AECOM Hobart FEG Alberta College of Social Workers IAA Alliance des cadres de l’État Imagine Canada Angus Systems Imperial Tobacco Canada Limited Apex Consultants Ltd Indigo parc Canada inc Applied Industrial Tecnologies Infused Products International Aria Solutions Inc International Road Dynamics Aucerna Inter-Varsity Christian Fellowship of Canada BDO Canada Ipsos Bevertec Konecranes Canada Inc Beyond Technologies Law Society of BC BlackBerry Law Society of Ontario Buyatab Les résidences du Manoir Calian Ltd. Millennium1 Solutions Celero Solutions MPAC CGI OEB CGI Canada Ontario Dental Association CIMA+ ONWA Clevest OREA Clickspace Oshawa Public Libraries COGIWEB Pacific Pilotage Authority College and Association of Registered Nurses of Alberta Parkland Corporation Connected Pason Systems Corp. Corem PEO CoVectis inc Plan International Canada Coveo Prince Rupert Port Authority Cox Automotive Canada Real Estate Council of Onatrio CRIBIQ Research Institute of the McGill University Health Centre CSA Group Retail Council of Canada Cybera, Inc. Rick Hansen Foundation DEVICOM Rocky Mountaineer Dynamic Risk Rural Municipalities of Alberta Dynamysk Automation Ltd. Scouts Canada Element AI Specialty Sales & Marketing Inc. Environmental Resources Management, Inc. Superior Children’s Centre Epson Canada Limited Teshmont Consultants LP ETFO The Kidney Foundation of Canada Eventbase The Royal College of Physicians and Surgeons of Canada Fauve Tourism Vancouver Fibernetics Corporation Unisync Group Inc. Fiix Inc Universities Canada FINCAD Vancouver Airport Authority FL and Pvisio by FL Wood Fluor Canada Ltd WSPS Framatome YWCA Frostbyte Consulting Inc.

2021 Salary Projection Survey | September 2020 18 Professional, scientific and technical RMD Inc. services (cont.) Ross Video RSD Group of Companies Fujifilm Canada Inc Safran Helicopter Engines Canada inc. GCM Consultants Schneider Electric General Dynamics - Mission Systems Canada Scovan Engineering Inc. Genesys Telecom Labs Seedbox Gensler SGS Canada Inc. GESTESS Sherweb Golder Associates Ltd. Siemens Canada Limited Grass valley Solvera Solutions GROUPE IN-RGY CONSULTATION INC. STEMCELL Technologies Harris Stikeman Elliott Hitachi ID Systems Stradigi AI Hoffmann-La Roche Limited Sylogist Ltd IBI Group Syneos Health Igloo Software SYSPRO Software Ltd IMP Aerospace Terrapure Environmental Indellient Inc. The AME Consulting Group Ltd Ineat Canada The Canadian Pharmacists Association Innovapost Thorogood & Pinches Professional Corporation Intellisyn Pharma TMX Group interVal Toshiba Tec Canada Business Solutions Inc. IT International Telecom Canada Inc. TSASK J.S. Held ULC Turner & Townsend Jean-Pierre Cadrin & Associés Inc. Unbounce Kasian Architecture Interior Design & Planning Ltd Vepica Ltd. Kenway Mack Slusarchuk Stewart LLP Visier Solutions Inc. Le Groupe Ohméga inc. Voith Hydro Levio conseils Worley LGM North America WSP Canada inc Libéo Xebec Adsorption Inc. LMI Technologies Xperigo MALLETTE INC. March Networks Corp McIntosh Lalani Engineering Ltd. Public administration Medical Council of Canada Administration portuaire de Québec MNP Alberta Pensions Services Corp. Montgomery Sisam Architects Inc. Alcohol and Gaming Commission of Ontario Morrison Hershfield Autorité des marchés financiers NexJ Systems Bank of Canada Nmédia BCLC Norsat International Inc. Calgary Parking Authority Norton Rose Fulbright Canada Canada Mortgage and Housing Corporation Nurses Association of NB Canadian Air Trasport Security Authority Olympus NDT Canada City of Chestermere Oncolytics Biotech Inc. City of Corner Brook OnPurpose Inc. City of Ontario Medical Association City of Kelowna Paladin Labs City of Mississauga Parsons Corporation City of North Battleford Primary Engineering & Construction City of Ottawa Procom City of Progesco City of Vaughan Rakuten Kobo Corporation of Tay Valley Township

2021 Salary Projection Survey | September 2020 19 Public administration (cont.) Hopewell Development LP County of Grey Le Groupe Maurice District Municipality of Muskoka Morguard Investment Limited Government of BC NorthWest Healthcre Properties REIT Membertou Band Council OACIQ District Municipality of Muskoka Onni Group Government of BC Ottawa Community Housing Corporation Membertou Band Council Parkbridge Lifestyle Communities MPAC Property.ca Incorporated MRC de La Haute-Yamaka Pure Industrial Municipalité de Chelsea Qualico Municipalité du village de Val-David Silver Sage Housing Municipality of Middlesex Centre Triovest Realty Advisors Inc. Municipality of the District of Shelburne Vancouver Island Real Estate Board Niagara Region ViewPoint Realty Services Ontario College of Teachers Ontario Pension Board Retail Trade Parc Jean-Drapeau 420 Premium Markets Ltd. Professional Geoscientists Ontario adidas Canada Limited Public Service Commission Bannister Automotive Group Region of Halton Becker Shoes - Home Office Regional Municipality of Wood Buffalo Best Buy Canada Société du Parc Jean-Drapeau Calgary Co-operative Association Limited Squamish-Lillooet Regional District Clarins Canada Inc. Strathcona County Copp Building Materials Limited The City of Timmins Driving Change Automotive Group Town of Aurora ECCO Shoes Canda Inc Town of Banff Flipkart Town of Canmore Great West Equipment Town of High River Groupe F. Dufresne Town of Oakville Groupe Filgo-Sonic Town of Quispamsis Holt Renfrew Town of Sundre Hudson’s Bay Town of Truro IdKids Group_OKAIDI Ville de Beaconsfield IGA extra famille Pelletier Ville de La Tuque Indigo Ville de Montreal LCBO Ville de Montréal Loblaw Companies Limited Ville de Sainte-Adèle Pet Valu Canada Inc. Vulcan County Purdys Chocolatier WorkSafeBC R.C. Purdy Chocolates Ltd. RDTS inc Real estate, rental and leasing Samsung Electronics Canada Inc. BCREA Savers BGIS Sleep Country Canada Boardwalk REIT Sobeys Brookfield Properties Sony Canada Lands Company Staples Canada Chartwell Retirement Residences The North West Company Crombie reit TJX Canada Crown Property Management United Farmers of Alberta Ltd. Harvard Property Management Vernon Toyota Hollyburn Properties Limited Walmart Canada

2021 Salary Projection Survey | September 2020 20 Transportation and warehousing Utilities A. Harvey Group of Companies AltaLink LP Aéroport de Québec BC Hydro Power Authority Air Canada Brookfield Renewable Asmodee Canada Capital Power Autobus Auger EfficiencyOne Axxess International ENERCON Canada Inc. BCRTC Énergir Canadian National Railway Company EPCOR Utilities Canpotex Limited Fédération interprofessionnelle de la santé du Québec Cascade Aerospace FortisAlberta CEVA FortisBC Confederation Freezers H2O Power Congebec Inc H2O Power Holding LP Core-Mark International, Inc. Halton Hills Hydro Erb Transport Limited Hydro-Québec Federal Express Canada IESO Nalcor Energy Gordon Food Service Newfoundland Power Inc. Halifax Employers Association Ontario Energy Board Halifax Port Authority Superior Propane Inland Group TC Energy Kenroc Building Materials Co. Ltd. Hydro Kreos Aviation Ville de La Pocatière Le Groupe Océean Maritimes employers association Wholesale trade MGT Arhoma MTD Products Burnac Produce Ltd. Corporation ODG Campbell Company of Canada OK Tire Stores Checkers Cleaning Supply Ottawa International Airport Authority East Penn Canasd Paradigm Precision Eddy Group Limited Porter Airlines Fairview Ltd. Purolator Federated Co-operatives Limited Purolator Inc Fresh Direct Produce Rome Sales Inc GESCO Group of Companies Roulements Koyo Canada Glover International Trucks Société de Transport de Montréal Groupe Touchette TPA Henry Schein Canada, Inc. Transat A.T. John G. Hofland Ltd. Transervice Lease co. KIND Healthy Snacks Ulc United Van Lines (canada) Ltd. M&L Supply, Fire & Safety Vancouver Fraser Port Authority McKesson Canada Versacold Logistics Services National Tire Distributors West Wind Group of Companies Novexco The Oppenheimer Group Toyo Tire Canada Inc UNFI Canada Inc. Unipharm Wholesale Drugs

2021 Salary Projection Survey | September 2020 21 Notice This document is intended for general informational purposes only and is not intended to be professional advice. The information contained in this document is based on sources that are believed to be reliable. Morneau Shepell, however, makes no representations or warranties as to the accuracy or completeness of such information and shall not be liable for any loss or damage (including direct, indirect, consequential, punitive, exemplary or incidental damages) for any error, omission or inaccuracy in such information. Morneau Shepell logos and other trademarks are the property of Morneau Shepell Ltd. in Canada and/or other countries. No part of this document may be reproduced in any manner without the prior written permission of Morneau Shepell.

For more information Anand Parsan, B.Com., C.Dir Gail Evans, MBA, CPHR Partner & National Practice Leader, Vice President Compensation Consulting Practice 1 877 264-5166 416 355-5465 [email protected] [email protected]

2021 Salary Projection Survey | September 2020 22 Morneau Shepell is a leading provider of technology- enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform. Our focus is providing world-class solutions to our clients to support the mental, physical, social and financial wellbeing of their people. By improving lives, we improve business. Our approach spans services in compensation, employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services. Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries. Morneau Shepell inc. is a publicly traded company on the (TSX: MSI). For more information, visit morneaushepell.com).

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