2014 Citizenship Report

Connecting to what matters. We’re here to help.

While our core strength is helping our clients achieve their ambitions, people are the heart of our organization. We believe in making a difference to the individuals and communities we serve, creating opportunity, and doing our part to support causes that matter. These are the priorities that truly define us.

This year, we are especially proud of the number of opportunities we have helped to create through corporate citizenship. Through donations, sponsorships, fundraisers and volunteer activities, our people have strengthened ties with charitable organizations, opened countless doors and helped to enhance the lives of people across our geographies.

Our approach to corporate citizenship: • We create employment opportunities in our communities and support our employees along their career paths. • We embrace diversity of experience and thought so we can better Darryl White Chief Executive Officer understand and serve our clients. • We treat our BMO employees and clients with respect. • We encourage and enable our employees to perform service in their communities. • We consider the environmental impact of our business practices and growth strategies. • We volunteer and donate to worthy causes in our neighbourhoods, towns and regions.

Read on to learn how in 2014, we made strong connections, created access to education for deserving students, and helped to ensure a

Pat Cronin brighter future for our employees, stakeholders, clients and the many Chief Operating Officer communities in which we live and work. What we value 3 • Donations and charitable sponsorships 4 • Corporate citizenship policies 4

Corporate giving 5 • Great Strides 6 • Showing our support 6 • Funding new ideas 6 • Equity Through Education celebrates 10 years 7 • 10th annual ETE trading day 7 • Equity Through Education expands to Europe 8 • Inaugural BMO Capital Markets KIPP Scholarship winners 8

Employees give back 9 Table of • Employee Giving Campaign 10 • BMO partners with United Way & the NFL contents for Hometown Huddle 11 • Ride to Conquer Cancer 11 • Dress for Success Suit Drive 12 • Spinathon for United Way 12 • BMO supports the Shaw Charity Classic 12

Volunteering 13 • Making the old new again 14 • Volunteer Day 14 • Women Build in Montreal 15 • Building connections & community 15

Our people 17 • Embracing diversity 18 • Return to Bay Street Award 18 • Charities we support 19 • Employee volunteers 22 • Who we are 29

2014 Citizenship Report 2 Connect through what we value. What we value At BMO Capital Markets, we recognize that helping our clients achieve their ambitions must go hand in hand with making a difference in our communities. We seek opportunities to serve those around us, and around the world.

Donations and charitable sponsorships Corporate citizenship policies

BMO Capital Markets adheres to the policies of BMO Financial Group on social issues and insists that all employees under- stand and respect them.

Guided by this principle, we focus on: • Delivering value to our customers. • Creating opportunities for our employees. • Generating greater rewards for our shareholders. • Contributing to the well-being of the communities $4.15 where we do business. • Integrating respect for the environment into our million business growth strategies and practices.

Education $1,742,764.00

Health & Welfare $1,734,061.61

Federated Appeals $399,100.00

Civic $154,721.50 In 2014, BMO employees and friends

Arts & Culture $120,900.00 raised more than $800,000 for Kids Help Phone in the Walk so Kids Can Talk TOTAL $4,151,547.11 event. BMO is the presenting sponsor of the national event, held in sites All figures in Canadian dollars across the country on one day.

2014 Citizenship Report 4 Connect through corporate giving.

5 BMO Capital Markets Great Strides Cystic Fibrosis Canada’s Great Strides Walk is a national event for Toronto’s Great Strides Walk, which raised more than $700,000 across Canada that raises funds to help find a cure for cystic in 2014. In addition to being the presenting sponsor, BMO Capital fibrosis, a genetic disorder that most critically affects the lungs, Markets also hosts a client family lunch at the walk venue – the but also the pancreas, liver and intestine. It is the most common Toronto Zoo – and invites clients and employees to fundraise for fatal genetic disease affecting Canadian children and young adults. the cause. In 2014, BMO employees and clients raised more than Since 2007, BMO Capital Markets has been the presenting sponsor $41,000 toward finding a cure.

Showing our support Our clients are as philanthropically minded as we are at BMO Capital Markets, and that’s why we like to support causes that are important to their charitable goals, as well as our own. One great way to do this is through sponsorship of charitable events. Supporting these events helps the organizations and their work, and also allows us 250 to spend time with our clients while doing some good. The type of organizations charitable and events we sponsor range from golf tournaments to galas, for everything from hospitals to educational programs. In 2014, BMO Capital Markets funded 250 charitable sponsorships sponsorships, totaling more than $2.1 million. Funding new ideas Supporting education is the top priority on the BMO Capital Markets corporate philanthropy agenda. One more way we show our support is through the BMO Capital Markets Advanced Research Scholarship. The honorarium, awarded annually, is given $2.1 to a PhD student performing research on a topic that is relevant to the financial million products business. The 2014 recipient was Pavel Krupskii, a PhD candidate at the in funding University of British Columbia, whose research in “Dynamic structured factor copula models and assessing risks of a portfolio of financial assets” won him the prize.

2014 Citizenship Report 6 Equity Through Education celebrates 10 years In 2005, BMO Capital Markets made a commitment to help create a more diverse workplace, internally and beyond. To help accomplish this, we launched Equity Through Education (ETE), a charitable initiative in which BMO Capital Markets donates one day’s worth of institutional equity trading commissions to organizations in Canada, the U.S. and the U.K. that provide educational opportunities. The organizations we fund provide scholarships and development opportunities to students in four diversity groups: students of colour, women, students with disabilities, and Aboriginal students in Canada.

10th annual ETE trading day For our 10th annual ETE trading day, we expanded our successful program and introduced two new partners. The occasion was also marked by representatives from BMO and the ETE partners opening the TMX on the trading day, September 24, 2014. BMO’s partnership with these organizations does not end at the distribution of the cheque. Throughout the year, BMO participates in events built by the charities to help their students reach their full potential. BMO provides a panellist annually at the Jackie Robinson Foundation Mentoring and Leadership Conference, where JRF students across the U.S. learn everything from business etiquette to interview skills. BMO Capital Markets is also a participant in the Financial Women’s Association’s Wall Street Exchange, where a group of interns working in the industry receive weekly To date, the program has raised C$15 million leadership and development workshops from nearly every shop on the street. (US$13.5 million) for our partner organizations. Supporting the charities so they can That translates into assistance for more than provide invaluable opportunities to 3,000 students through scholarships, bursaries, our scholars is a top priority for BMO Capital Markets and the Equity and leadership and development opportunities. Through Education program.

7 BMO Capital Markets Equity Through Education Inaugural BMO Capital Markets expands to Europe KIPP Scholarship winners To mark the 10th anniversary of Equity Through Education, the program was expanded to include the European equity trading commissions, and two London-based organizations were added to the program.

London Metropolitan University London Metropolitan University is located in central London. Most of its student body is made up of low-income individuals, and its population is very ethnically diverse. In partnership with LMU, BMO will be launching a scholarship for students at LMU studying in the Faculty of Business & Law in the fall of 2015.

Imperial College BMO already has a strong relationship with Imperial College, particularly with their Masters of Metals and Energy Finance program, and actively recruits from this top-three London university. Recognizing there is a shortage of women in the 2014 marked the launch of the BMO Capital Markets KIPP field, BMO will be launching a scholarship for women taking Scholarship, with two winners announced in April. the program at Imperial. KIPP (The Knowledge is Power Program) is a network of free, open-enrolment, college-preparatory public charter schools with a track record of preparing students in underserved communities for success in college and in life. Across the U.S., KIPP serves more than 50,000 students in 141 schools in 20 states, including New York, New Jersey, Illinois and Texas. Yael Bermudez is from New York and is studying business this fall. He has completed a financial literacy program at Goldman Sachs, and a six-week paid internship with another investment firm in the city. The charities that have benefited from Equity Briauna Brown-Harrison is from East Orange, New Jersey, and Through Education since its inception in 2005 are: is studying public policy at American University. She served • The Financial Women’s Association as president of her student government, and was also vice president of her school’s National Honor Society chapter. • The Foundation for the Advancement of Aboriginal Youth • Imperial College The BMO Capital Markets KIPP Scholarship is open to any • Indspire graduating KIPP high school senior going into a 4-year college program. The scholarship provides $10,000 per school year if • KIPP a 3.5 GPA is maintained. • Lime Connect • London Metropolitan University • The Loran Scholars Foundation • Pathways to Education Canada • The National Educational Association of Disabled Students • Women in Capital Markets 2 $10,000 scholarships every year, provided • The YAI Network awarded a 3.5 GPA is • Youth In Motion’s Top 20 Under 20 Program in 2014 maintained

2014 Citizenship Report 8 Connect through employees giving back.

9 BMO Capital Markets Employee Giving Campaign A hallmark of BMO’s culture is the annual BMO Employee Giving Campaign. Each fall, employees across North America donate their time and money to charitable causes close to their hearts.

hrough the BMO Employee Giving TCampaign, BMO employees can contribute to any charitable cause they are passionate about. Most employees, however, choose to support BMO’s charity of choice and strategic partner in the campaign: United Way. BMO partners with United Ways across Canada and the U.S. to provide opportunities for BMO employees to learn about the issues in their local community, and what United Generosity. Way is doing to help address them. BMO employees attend tours of United Way It matters partner agencies, volunteer with those to us. agencies and have speakers from the agencies come in to their offices to speak. Helping even the odds to break the cycle Join in. of poverty is a goal that BMO shares with United Way, and we are pleased to join them in their efforts. In 2014, 92% of BMO Capital Markets employees participated in the annual campaign, contributing a record $4.1 million to United Ways and other charitable organizations. BMO employees understand that they, as some of the most fortunate in their communities, have a responsibility to give back and support their neighbours.

92% of BMO Capital Markets employees participated in the annual campaign, contributing a record $4.1 million to United Ways and other charitable organizations.

2014 Citizenship Report 10 BMO partners with United Way & the NFL for Hometown Huddle The United Way of New York City and the New York Giants invited BMO Capital Markets to participate in Hometown Huddle, a 16-year tradition in which NFL teams volunteer in their local communities with the United Way. Eleven BMO Capital Markets employees participated in the event, where they sharpened their artistic skills painting the walls, fence and blacktop of Public School 49’s playground and recess area. P.S. 49 is a participant of United Way NYC’s ReadNYC initiative, which aims to have all students at participating schools read at grade level At the event, BMO Capital Markets U.S. COO Brad Rothbaum also by 2020. Studies show that if students are not reading at grade level presented a $1,000 donation to the ReadNYC program, accepted by the third grade, they have a 70% chance of not graduating high by P.S. 49 principal Frank Hernandez. school.

Ride to Conquer Cancer For the second year in a row, BMO Capital Markets entered a Thirty-nine BMO employees and friends joined the team, which team into the Ride to Conquer Cancer, a 200+ kilometer cycle raised more than $300,000 for the cause. Two team members, from Toronto to Niagara Falls. The Ride raises funds for the Lisa Foote and Henry Sanchez, received the coveted polka dot Princess Margaret Cancer Centre, one of the world’s leading jersey from the Ride for being among the first 10 individuals to cancer research centres. raise more than $15,000.

11 BMO Capital Markets Dress for Success Suit Drive Part of creating a diverse workplace is providing opportunities for individuals who may not otherwise have them. For that reason, we are pleased to partner with Dress for Success, an organization that helps men and women who are looking for work find interview-appropriate attire. Beyond the clothes, Dress for Success also offers interview training and career development tools to help them succeed once they land the job. In 2014, BMO Capital Markets employees contributed more than 350 items to the Dress for Success Bay Street Suit Drive, contributing to the 9,300 items collected across the city of Toronto.

350 9,300 items donated by items collected BMO across the city of Toronto BMO supports the Shaw Charity Classic BMO Capital Markets sponsored the 15th Green Skybox at the 2nd annual Shaw Charity Classic in Calgary, Alberta, inviting United Way of Calgary & Area (one of the beneficiary organizations) to use the Skybox for two days over the weekend Spinathon for United Way of the tournament. This was an opportunity for United Way to The BMO Capital Markets U.S. Equity Sales team in New York provide a unique experience for their charity partner agencies, hosted its 3rd Annual Spinathon on March 6, 2014, successfully as well as important donors. raising more than $10,000 for the United Way of New York City. On the final day of the tournament, the box was used by BMO More than 35 employees, along with special clients and United employees for a friends and family day. Way guests, spent one and a half hours spinning away on The tournament contributed $2.6 million to 21 youth-focused stationary bikes at Pablo Fitness for this charity event. The room charities in southern Alberta. was filled with many newcomers as well as returning spinners from last year’s event. The contributions will be used to support United Way agencies in New York City that focus on income, education, and health, further strengthening BMO’s partnership with United Ways across North America.

$2.6 $10,000 million to raised for the youth-focused United Way charities

2014 Citizenship Report 12 Connect through volunteering.

13 BMO Capital Markets Making the old new again In 2014, BMO began a technology refresh, something that happens every four years across the company. Seeing that the technology still had life in it, a third-year analyst pitched the idea of donating the technology to non-profit organizations, instead of recycling it through a disposal company.

BMO partnered with the National Cristina Foundation, as well as local charities we had existing relationships with, to roll out this initiative. View the thank-you video here: https://www.youtube.com/watch?v=Uf7BOzI1MwY

To date, 362 desktops have been donated to charitable organizations, along with 80 laptops, 658 monitors and 35 printers.

Volunteer Day One day each year, BMO employees across North America spend a few hours volunteering at United Way agencies and other local charities as part of BMO Volunteer Day. In 2014, nearly 5,500 employees “skipped work” to give back to the community – contributing 16,000 volunteer hours in a single day. BMO Volunteer Day provides opportunities for the bank’s employees to participate in charitable work and projects during business hours. It encompasses more than 370 projects in communities across Canada and the U.S., including children and youth organizations, elder care, food banks, community housing and health care facilities, family resource centres, parks and recreational facilities, supporting military personnel overseas, relief organizations and homeless shelters.

2014 Citizenship Report 14 The Women Build project was a two-week project, where each Women Build in Montreal day a different group of volunteers worked on the house. BMO On September 15, 2014, women from the BMO Capital Markets came in around the middle of the project. Not only did the office in Montreal participated in a Women Build event for Habitat attendees learn how to put membrane on a door, lay flooring for Humanity. The Women Build program encourages women to and put up insulation, it was also an excellent team building and come out and learn new skills, while helping build affordable networking opportunity for those involved. housing for a family in need.

Building connections & community Giving back is very important to BMO Capital Markets. Since it’s a key component of our corporate culture, we want to make sure our employees know it from the very start. This year for the first time, we built volunteering into the BMO Capital Markets orientation program, for all our incoming analysts and associates. On their first day of work at BMO, each new analyst and associate in Toronto, Vancouver, Montreal and London spent the afternoon volunteering together at a local not-for-profit organization. They gardened, served food, prepared hygiene kits and sorted donated clothing, all while getting to know their new colleagues.

15 BMO Capital Markets

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14-2019 Sunshine Ball Program Ad_V3.indd 1 14-10-20 3:26 PM Connect through our people.

17 BMO Capital Markets Embracing diversity At BMO we understand that advancing diversity and inclusion drives stronger performance – for our clients and for our firm. In 2014, we continued to implement our strategy to build strong diversity practices in our business, hiring and promotion processes. By embracing diversity, we can better understand the needs of our client base, and be even better equipped to find solutions that fit their objectives. We recognize that diversity of thought, a product of differing backgrounds and experiences, helps us to better understand and serve our clients’ needs.

ur leaders create an environment that encourages diversity, Oand the actions and dedication of our employees make that value a living element of our culture. Two of our Employee Resource Groups, the BMO Capital Markets Diversity Council and the African American League of Professionals (AALPsNY) in New York held numerous events and distributed communications strengthening inclusion. The Women in Banking Forum, hosted by the Diversity Council co-head, Debbie Rechter, Managing Director & Head, Foreign Exchange Sales U.S., drew men and women from across many locations to attend either in person or by conference. The hard work and commitment of Trena Banks and the AALPsNY affinity group continues to involve and inform our employee base through volunteer outreach programs as well as their annually anticipated History Chronicles. The Black Return to Bay Street Award History Chronicle and the Women’s History Chronicle each provide The Women in Capital Markets (WCM) Return to Bay Street Award was a biography of a notable person each day during the months of created with funding from the BMO Capital Markets Equity Through February and March respectively. Education program. The annual award encourages and assists BMO Capital Markets employees can access one central online portal talented women who previously worked in capital markets, and have for all diversity messaging. This builds efficiency and consistency into taken an extended absence, to re-launch their careers. The award their experience as we continue to embrace the merits of diversity winners were granted $5,000 toward an executive or continuing and the strength of inclusion. education program, a paid four-month internship with BMO Capital Markets, a WCM mentor and a one-year WCM membership. In 2014, BMO Capital Markets welcomed three experienced capital markets professionals into our firm through this program.

4 $5000 month paid 1 tuition internship with year WCM contribution BMO Capital membership Markets

2014 Citizenship Report 18 Charities we support Your work inspires us.

BMO Capital Markets contributed more than $4 million to nearly 280 charitable organizations across North America in 2014. From museums and universities to hospitals and United Ways, we understand that supporting our local communities is integral to our success, and the success of our neighbours.

Civic Canadian Association of New York Evans Scholars Foundation Foundation Brillion Nature Study Center Association Financial Women’s Association Centaur Foundation for the Performing Arts Calgary Between Friends Club Fondation Collège André-Grasset Charles M. Schultz Foundation Camp Quality Canada Fondation de la Place des Arts Children’s Arts Umbrella Association Canada’s Sports Hall of Fame Fondation de l’Orchestre symphonique de Quebec Canadian Athletics Now Fund Compagnie Marie Chouinard Fondation Montréal inc. Canadian Avalanche Foundation Ensemble Arion Fondation HEC Montréal Fondation du Musée de la civilisation Espace Go Fondation Jean Duceppe Fondation du Théâtre du Nouveau Monde JMC Orford Arts Centre Foundation of Quebec Chartered Foundation on the Tip of the Toes Ladies First Hockey Foundation Professional Accountants Heritage Montreal Foundation Montreal Chamber Orchestra Foundations College Prep Jeunes Entreprises du Québec Inc. Sir Wilfrid Laurier Players Frontier College Foundation McCord Museum Foundation Soulpepper Theatre Company Georgetown University Napa Valley Community Foundation St. Luke’s Chamber Ensemble GOAL, Giving Open Access to Learning Inc. New Jersey Community Development Théâtre du Rideau Vert Governors of St. Francis Xavier University Corporation Toronto Symphony Indspire Olympiques Spéciaux Québec Vancouver Symphony Society Jackie Robinson Foundation Ontario Track 3 Ski Association Young Musicians of the World for the Disabled Julian Baring Scholarship Fund Young People’s Theatre Open Space Pace Junior Achievement of Southeast Texas Portage Foundation Education Kansas University Endowment Association Queen’s Own Rifles of Canada Trust Fund Berklee College of Music KIPP Regroupement des Magasins-Partage de BUILD Lime Connect l’île de Montréal Canadian Society for Yad Vashem Loran Scholars Foundation Royal Ontario Museum Foundation Cape Breton University Lowe’s Charitable & Educational Foundation Special Olympics Canada Foundation City on a Hill Foundation Magnetar Capital Foundation Variety Village Daniel M. Murphy Scholarship Foundation Milken Institute Culture East Side House Morehouse College Brooklyn Botanic Garden Educaid Education Aid Fund New York Child Learning Institute

19 BMO Capital Markets New York University Big Brothers Big Sisters Down Syndrome Research Foundation of Massachusetts Bay Pathways to Education Canada Dr. Clown Big Brothers of Greater Vancouver Presidents and Fellows of Harvard College Dress for Success Toronto Blessings in a Backpack Prospectors and Developers Association of Eden Autism Services Boston Pizza Foundation Canada Mining Matters En Coeur, La Fondation québécoise pour Regents of the University of Michigan Boy Scouts of America, les enfants malades du coeur Laurel Highlands Council Royal National Lifeboat Institution Family Services of the Boys & Girls Club of Greater Washington North Shore Foundation School Business Officials Scholarship Fund Boys & Girls Club of Lake County Fibrose kystique Québec Small Steps Nurturing Center Boys & Girls Clubs of Canada Foundation First United Church Community Student Transportation of America Ministry Society Education Foundation Brown Bagging for Calgary Street Kids Society Five for Fighting University of British Columbia Calgary Keys to Recovery Society FJC, A Foundation of Philanthropic Funds University of Regina Canada Company Fondation de la Maison du Père University of Toronto Canadian Breast Cancer Foundation Fondation des maladies mentales Women in Capital Markets Canadian National Institute for the Blind Fondation du Centre de prévention York University Canadian Progress Clubs du suicide de Québec Federated Appeals of Calgary Foundation Fondation Jean-Neveu Canadian Red Cross Society Fondation Centraide du Grand Montréal Fondation Marie-Vincent Canadian Tire Jumpstart Charities Foothills United Way Fondation Maurice Tanguay Canadian UNICEF Committee ShareLife Trust Fondation Mélio Cedars Cancer Institute United Way of Calgary & Area Fondation Mira Chai Lifeline Canada United Way of Greater Toronto Fondation Père Sablon Chaînon Foundation United Way of New York City Fondation Québec Jeunes Childhood Cancer Canada Foundation United Way of the Lower Mainland Fondation québécoise du cancer Children’s Oncology Services United Way of York Region Fondation Suicide Action Montréal City of Hope Fondation Tel-jeunes Health & Welfare Coast to Coast Against Cancer Forge for Families ACTV Foundation Colorectal Cancer Association of Canada Foundation of Greater Montreal Alberta Cancer Foundation Combined Jewish Philanthropies Front Street Capital Charitable Foundation of Greater Boston Alberta Easter Seals Society Giant Steps Foundation Montreal Community Living Toronto Alliance for Veteran Support Girafonds Foundation Cornelia de Lange Syndrome Foundation Alzheimer Society of B.C. Covenant House Toronto Go, le Grand défi Alzheimer Society of Toronto Cystic Fibrosis Foundation Grand Central Neighborhood Social Services AMICA Helping Hands Community Corporation Program Society David Cornfield Melanoma Fund Greystone Classic for Parkinson’s Amyotrophic Lateral Sclerosis Society David Goodman Youth Community Trust Grocery Industry Foundation of Alberta Déjeuners du Bonheur Atlantic Incorporated Anaphylaxis Canada Diabetes Research Institute Foundation Groupe de recherche des maladies Arbor Memorial Foundation Do Something rhumatismales du Québec Bain Capital Children’s Charity Douglas Wright Foundation Habitat for Humanity Canada Foundation Bay Street Children’s Foundation Down Syndrome Association of Toronto Habitat for Humanity Province of Quebec

2014 Citizenship Report 20 Hackers for Hope Orphan Disease Pathway Project Hospitals Hadassah-Wizo Organization of Canada Ovarian Cancer Canada Alberta Children’s Hospital Foundation Haymakers for Hope Palliative Home-Care Society Foundation Ann & Robert H. Lurie Children’s Hospital Heart and Stroke Foundation of Canada Pediatric Oncology Group of Ontario of Chicago Research Center Housing for Youth in the City of York Philip Aziz Centre for Hospice Care Auxiliary of the Royal Victoria Hospital Corporation President’s Choice Children’s Charity Bridgepoint Foundation Hudson’s Bay Company Foundation Project Sunshine Canada British Columbia’s Children’s Hunger Project Trust Prostate Cancer Canada Hospital Foundation Ice Hockey in Harlem Providence Child Development Society Calgary Health Trust Insurance Industry Charitable Foundation Reach Out Centre for Kids Cedars-Sinai Medical Center JDRF International The Redwood Comfy Cozy Fund Judi’s House Refuge des Jeunes de Montréal Fondation du Centre hospitalier Juno House Foundation Rexall Foundation universitaire de Sherbrooke Juvenile Diabetes Research Richstone Family Center Fondation du CHU de Québec Foundation Canada Robin Hood Foundation Kakuma Project Holland Bloorview Kids Rehabilitation ServiceSource Foundation Hospital Foundation Kate & Justin Rose Foundation Shining Through Centre for Children Montreal Children’s Hospital Foundation Kerry’s Place Autism Services with Autism Montreal Sacré-Coeur Hospital Foundation Kidney Foundation of Canada Slices for Smiles Foundation Kids Help Foundation Mount Sinai Hospital Société Parkinson du Québec Knox Presbyterian Church Princess Margaret Cancer Foundation Special Olympics British Columbia Society Leucan Inc. Queen Elizabeth II Hospital Foundation Spectrum of Hope Autism Foundation Lighthouse, Children and Families Sue Duncan Children’s Center Inc. Sainte-Justine UHC Foundation Mackenzie Health Foundation TDH Canada Inc. SickKids Charitable Giving Fund Maison Jean-Monbourquette Toronto City Mission St. Jude Children’s Research Hospital Maison Marguerite de Montréal United Cerebral Palsy of Southeastern St. Mary’s Healthcare System for Children Make-A-Wish Foundation of Georgia Wisconsin St. Mary’s Hospital Foundation and Alabama Wellspring Cancer Support Foundation Marjorie P. Lee Retirement Home St. Michael’s Hospital Foundation West Island Cancer Wellness Centre Employee Christmas Fund St. Paul’s Hospital Foundation of Vancouver Willow Park Charity Golf Classic Foundation Melanoma Research Alliance Foundation Sunnybrook Health Science Centre Women in Need MLSE Foundation World Oilman’s Tennis Tournament Texas Children’s Hospital, Cancer Center Montreal Canadiens Children’s Foundation WorldWide Orphans Foundation Toronto East General Hospital Foundation Montreal Cancer Institute YMCAS of Québec Foundation Toronto General & Western Montreal Heart Institute Foundation Hospital Foundation Muscular Dystrophy Canada Nazareth House New Glasgow Dragon Boat Society Nos Vies en Partage Foundation One Hope United, Northern Region Operation Smile

21 BMO Capital Markets Employee volunteers We can’t thank you enough.

BMO Capital Markets takes pride in employing individuals who are not only concerned with succeeding in their careers, but also with giving back to the communities in which they live and work. More than 230 BMO Capital Markets employees volunteer regularly with more than 300 charitable and not-for-profit organizations. More than half of these volunteer positions are board memberships. The following is a list of our employees and the organizations with which they volunteer:

A Charles Adair Swedish Covenant Hospital Board Member Lolan Adan YAI Network Volunteer Peter Altimas Junior Achievement Volunteer David Amar Animal Haven Volunteer Washington Humane Society Volunteer Genga Arulampalam Grace Presbyterian Church Board Member Saad Athar Ahmadiyya Muslim Jamaat Inc. Volunteer

B Luc Bachand Centraide Montreal Volunteer Investment Industry Regulatory Organization of Canada Board Member Mental Illness Foundation Board Member Sainte-Justine UHC Foundation Board Member Institute of Corporate Directors, Quebec Chapter Board Member The J. Armand Bombardier Foundation Board Member Keith Bachman University of Virginia, Darden School Board Member Jim Baidacoff Georgetown Runners Volunteer Gregoire Baillargeon McCord Museum Board Member Montreal Children's Hospital Foundation Board Member Printemps du MAC Board Member Trena Banks Marble Collegiate Missions and Outreach Volunteer Pat Behnke Appalachia Service Project Volunteer Bradley Belen Volunteers of America Board Member Andrea Bellefeuille Canadian Opera Company Volunteer Against the Grain Theatre Board Member Opera.Ca Board Member Richard Belzil Équipe de Natation Élite de Longueuil Volunteer Fonds d'Aide Financière Ultradon Board Member Tony Benedetto DePaul University Board Member St. Vincent DePaul Parish Board Member Seton Food Pantry Volunteer Sheffield Neighborhood Association Volunteer Erica Benjamin Love of Learning Montessori School Volunteer Lukasz Bokun Daniel Murphy Scholarship Fund Board Member

2014 Citizenship Report 22 Pete Boukouzis U.C.A.L. Volunteer Annunciation Orthodox School Board Member Africa School Assistance Project Board Member Annunciation Greek Orthodox Cathedral Volunteer Nicholas Boulukos Ice Hockey in Harlem Board Member Christina Boyle Alpha Phi International Volunteer Stephanie Bradley Girl Scouts of Greater Chicago and North West Indiana Volunteer Working in the Schools Volunteer Interfaith House Volunteer Belvarene Braithwaite Skate Canada Brampton Chinguacousy Volunteer Brams United Girls Soccer Club Volunteer Larry Brooks Scouts Canada Volunteer Evan Brown Kids in Crisis Volunteer Kevin Brown Kerry's Place Residential Services Board Member Nicolas Brunet Mental Illness Foundation Board Member Don Buse Teen Living Programs Board Member

C Kathryn Callery Big Brothers Big Sisters of North Durham Board Member Women in Capital Markets Volunteer Colleen Campbell Greenwood College School Board Member Ontario Infrastructure and Lands Corporation Board Member Wellspring Cancer Support Network Volunteer Women Gaining Ground Volunteer Ambrosia Caplice Scarborough Basketball Association Volunteer David Caracta Georgetown University Alumni Association Board Member Joseph Carbo Plainedge Soccer Club Volunteer Massapequa PAL Volunteer Jenn Carter Hope Air Volunteer Bereaved Families of Ontario Volunteer Doreen Chang Corsage Project Volunteer Carole Chehowah A Chacun Ses Vacances Board Member Simona Cheoreanu Association of Romanian Engineers in Canada Volunteer Barbara Coletti LVA School Volunteer Sarita Connelly USO of IL Board Member Oak Park Area Arts Council Board Member Alliance for Lupus Research Volunteer Volunteers of America, Illinois Volunteer Momenta! Performance Company Volunteer Bunker Council of 100 Volunteer Marylynn Cook Alzheimer Society of Peel Board Member Neil Coutts Presbyterian Church Building Corp. Board Member Aaron Cowan Appleby College Volunteer Bill Crimp Pia Bouman School for Ballet and Creative Movement Board Member Pat Cronin Loran Scholars Foundation Board Member Thomas Curran Aspire of Illinois Board Member

D Edwin D'Cruz Kinights of Columbus, Council 12067 Mississauga Board Member Seneca College, International Business Advisory Committee Board Member Constance de Grosbois Nadere Performing Arts Board Member Mark Decker Lombardi Cancer Center Board Member Youth Apostles Board Member Men's Event Board Member

23 BMO Capital Markets Kathy Devine Ronald McDonald House Volunteer Jeremy Dietrich St Michael's Hospital Foundation, St. Mike's Young Leaders Board Member Anoop Dogra Movember Volunteer Gavin Domm San Francisco Little League Baseball Volunteer Brittany Drengler One Hope United Board Member Jim Ducote Duchesne Academy Volunteer

E Mandy Edwards Sheep River Health Trust Volunteer Serkan Eskinazi St. Stephen's Community House Board Member

F Carl Fanning St. Paul United Church of Christ Board Member William Felder American Women Veterans Board Member Kemmons Feldman Urban Initiatives Board Member Kevin Fennell Cara Program Board Member Leslie Fillion Calgary Food Bank Volunteer Gary Fisher Apocalypse Scooter Club Board Member Curtis Fong Special Olympics Volunteer Cove School Parent Teacher Organization Board Member Jennifer Fournier Big Brothers Big Sisters Toronto Volunteer Steven Fuchs Easter Seals Board Member

G Sean Gallaway Leaside Hockey Association Volunteer East York Baseball Association Volunteer Susan Garvey Respiratory Health Association of Metropolitan Chicago Volunteer Glenn Gatcliffe Pediatric Oncology Group of Ontario Board Member Gwendolyn Gatz Junior League of Chicago Volunteer Thomas Gearhart Boy Scouts of America, Troop/Team 5 Volunteer Lindsay Gobin Canadian Tire Jumpstart Volunteer Lindsay Goetz Onward Neighborhood House Board Member Herman Gonzalez Project Management Institute Board Member Scott Graham Metro Squash Board Member Jayne Grant Boy Scouts of America Volunteer Annette Grimaldi Columbia Lyme and Tick-Borne Diseases Research Center Board Member Nicole Guglielmo TRUE Mentors Volunteer Susan Guytingco Canadian Breast Cancer Foundation Volunteer

H Laura Hacker North Lawndale College Prep Board Member Annika Hantho Right To Play Volunteer Patrick Hartman Camp Hope Illinois Volunteer Thomas Hasenauer Zellmer Childhood Disease Foundation Board Member Jordan Heifitz Rehabilitation Institute of Chicago Board Member Paul Heikkila Evans Scholars Foundation Volunteer Robert Heinrichs Alberta Safety Codes Council Board Member Amy Hertenstein Young Professionals for Youth Inc. Volunteer Project Renewal, Junior Board Board Member Andre Hidi University of Toronto Schools Board Member Summer Hinton Merritt Brook Scholarship Fund Board Member Aegis America Volunteer Diane Hirschberg Scarsdale Neighbor Presidents Association Board Member Jeffrey Holt State of Utah, Transportation Commission Board Member State of Utah, Community Impact Board Board Member Boy Scouts of America Volunteer

2014 Citizenship Report 24 Jeffrey Holt Leukemia and Lymphoma Society Volunteer National Academies of Science Board Member Justin Hoogendoorn Lampstand Ministries Board Member Cristin Horan Ireland Fund of Canada, Young Professionals Board Member Rosaline Hsieh Grace Toronto Church Volunteer 614 Salvation Army Volunteer Scott Humphrey One Hope United Board Member Ways to Work Board Member Social Venture Partners Chicago Volunteer

I Monica Ibarra Books Not Bars Volunteer Nonprofit Technology Resources Volunteer Kristin Irish University of North Carolina, Honors College Board Member Marco Isakov St. Michael's Hospital, Young Leaders Board Member

J Ebba Jantz Swedish Language School Board Member Zeshan Javaid Ahmadiyya Muslim Jamaat Inc. Volunteer Blake Jespersen Sunnybrook Hospital Foundation, Next Generation Board Member Ellen Jewett Grace Church School Board Member Wesleyan University Board Member Brearley School Board Member Michael Johns Old Irving Park Community Clinic Board Member Robert Johnson Hesed House Volunteer Michael Joyce Greater Chicago Food Depository Volunteer Sara Joyce Forest Hill United Church Board Member Bankers' Association for Finance and Trade Board Member Eileen Jurczak Toronto Symphony Orchestra Volunteer Women in Capital Markets Volunteer

K Jack Kane Irish Fellowship Club of Chicago Board Member Irish Fellowship Educational & Cultural Foundation Board Member Robert Kelsall People's Ministries Inc. Board Member Kirsten Kennedy Ascenta Foundation Board Member Naomi Kerr Calgary Keys to Recovery Board Member Mohammad Khan TMS School, Finance Committee Volunteer Aiden Kindred Etobicoke Dolphins Girls Hockey League Volunteer Toronto High Park FC Volunteer Craig King Holland-Bloorview Children's Rehabilitation Hospital, Kasting for Kids Annual Fundraiser Board Member Heather Kirk Villa Maria High School Foundation Board Member Marc Kitay Friendship Circle Volunteer Jewish Communtiy Center Volunteer Bi-Cultural Day School Volunteer Jonathan Kline University of Iowa, Dance Marathon Volunteer Children's Miracle Network Volunteer Rebecca Kuntz First United Church of Oak Park Board Member Smith College, Class of 1983 Volunteer West Suburban PADS Volunteer Tyler Kyle StreetSquash Board Member

L Pierre Lamy TDH pour les enfants Board Member Andrew Lazar Cos Cob Library Board Member Dirk Leasure Five Mile River Commission Board Member

25 BMO Capital Markets Chris Levin Children's Memorial Hospital, Junior Council Volunteer Liz Lindsay Canadian Federation of University Women Volunteer Scott Littlejohn Squam Lakes Association Board Member Suzanne Lockrey PCC #105 Board Member Virginia Lombard Hamilton Action Team Board Member Grace Lopez Davenport Perth Neighbourhood and Community Health Centre Volunteer Peter Loukas Good Shepherd Volunteer Panagia Greek Orthodox Church Board Member Eric Luftig New York Musical Theater Festival Board Member Alan Lynch Ireland Canada Business Association Board Member Jennifer Lynch New York Cares Volunteer

M Kyle MacGregor Power To Be Board Member John Manning St. Michael's Hospital Foundation Board Member Jon Marinelli Small Steps Nurturing Center Board Member Duncan Marks United Way Volunteer James Marshall East Coast Connected Board Member Grace Mason Mississauga Food Bank Volunteer Christo Rei Parish Volunteer Mark Mathews Naperville Diamonds Softball Association Volunteer Ashi Mathur George Hull Centre Foundation Board Member University of Waterloo, School of Accountancy, Advisory Board Board Member Lovisa McCallum Cystic Fibrosis Canada, Toronto & Distrit Chapter Board Member Pierre McCann Foundation on Antivirals Board Member Equilla McClain Alpha Kappa Alpha Sorority Incorporated Volunteer Lyle McCoy Boys & Girls Club of Lake County Board Member Laura McLaren Honourable Tina Brozman Foundation Board Member Eduardo Mendoza National Museum of Mexican Art Board Member Robert Meringolo Partnership for Inner City Education Board Member Fred Merkel Manhattan Ultimate Disc, Inc. Board Member Catherine Miller Altona Forest Stewardship Committee Volunteer Christopher Miraldi St. Paul the Apostle Homeless Shelter Volunteer Kristen Moorman Make-A-Wish Foundation Volunteer Jason Mork Woodland Creek Homeowners Association Inc. Board Member Boy Scouts of America Volunteer Muskego Athletic Association Volunteer Pamela Murphy Mississauga Soccer Club Volunteer Darlene Murray Field Museum of Natural History Volunteer

N Brian Newcombe Scouts Canada Volunteer Craig Nicks High Park Little League Baseball Volunteer Wasif Noorani Peel Condominium Corporation 653 Board Member Zoe Nutten North Toronto Hockey Association Board Member Amesbury Hockey Volunteer

O Randy Ollenberger Theatre Junction GRAND Board Member Tom Ormesher Toronto Junior Argonauts Board Member

P Chris Paoli Boy Scouts of America Volunteer Ranjithkumar Paranivasagam Boys & Girls Club of East Scarborough Board Member Sharon Park Ascenta Foundation Volunteer Andrew Parke Lakefield College School Foundation Volunteer

2014 Citizenship Report 26 Brian Perman Congregation Rodeph Sholom Board Member University of Pennsylvania, Kelly Writers House Board Member Pierre-Olivier Perras Canadian Liver Foundation, Montreal Chapter Board Member Dave Persaud Scouts Canada Volunteer Matthew Peters Avon Walk for Breast Cancer Volunteer Benjamin Pham Woodgreen Red Door Family Shelter Board Member Satpal Plaha Gearies Primary School Board Member Barry Pollock Hadassah-Wizo Volunteer Deborah Polzin South Milwaukee Lions Club Board Member Douglas Porter Toronto Association for Business and Economics Board Member Toronto Financial Services Alliance Board Member Western University, Investment Committee Volunteer Seth Prostic Children's Research Fund Board Member Ann & Robert H. Lurie Children's Hospital of Chicago Foundation Board Member MetaCancer Foundation Board Member

R James Rachlin Old Town School of Folk Music Board Member Eva Rahmanides Children's Aid Society Volunteer Erin Rengel Art Institute of Chicago, Evening Associates Board Member Joseph Rizzi Friends of the Parks Board Member Jamie Rogers Hockey for the Homeless Board Member Paul Rosica Madison Ice Hockey Booster Club Board Member Brad Rothbaum United Way of New York City Board Member

S Kristen Sam Working Skills Centre Board Member Henry Sanchez Richmond Hill Phoenix Baseball Club Volunteer Martha Sanders Our World Underwater Scholarship Society Volunteer Three Brothers Garden Volunteer St. Paul's United Church of Christ Volunteer Luke Seabrook Toronto Symphony Orchestra Board Member Alok Sethi Lakeridge Health Board Member John Shannon Flemingdon Neighbourhood Services Board Member Doug Sibley Canadian Chamber of Commerce in Shanghai Board Member Ian Smith HCPT The Pilgrimage Trust Volunteer Kakuna Smith Sids of Illinois, Inc. Board Member Big Brothers, Big Sisters Volunteer Robert Southworth Ginger Creek Community Church Board Member John Speers Ireland Fund of Canada Board Member Enterprise Ireland, Advisory Board Board Member Global Network Board Member Mary Ann Strotman Children's Oncology Services Inc. Volunteer Douglas Sutton Foundations College Prep Charter School Board Member First Tee of Greater Chicago Board Member Dominik Szymanski Top Box Foods Volunteer

T David Taylor Summerworks Theatre Festival Board Member Isabela Teixeira Mendes From The Heart Church Ministries Volunteer Richard Thaler Upper Manhattan Empowerment Zone Board Member Morehouse College Volunteer American Antiquarian Society Board Member Daily Princetonian Board Member

27 BMO Capital Markets Richard Thaler Plimoth Plantation Board Member Chapel of St. James the Fisherman Board Member Jessica Thomas Grand Central Neighborhood Soup Kitchen Volunteer Apostolate for Family Consecration Volunteer United Way of New York City Volunteer Mark Tingle Wellspring Volunteer Sandra Tittlit Y des femmes Montreal Board Member Frank Trocchio Steppenwolf Theater, Auxiliary Council Board Member Chicago Canine Rescue Foundation Volunteer Ken Tuchman Hank Aaron Chasing the Dream Foundation Board Member Washington University in St Louis, Regional Board Board Member

V David Vetters United Way of Calgary, Major Donor Cabinet Volunteer Richard Vieira Pike School Board Member Children's Hospital Boston, Board of Overseers Board Member BUILD, Boston Chapter Board Member Kurt Vonderahe New Canaan Society, Manhattan Chapter Board Member

W Jane Waechter Willow Breast and Hereditary Cancer Support Board Member George Hull Centre Foundation Board Member Helena Wang Women in Capital Markets Volunteer Nicholas Wang Short Term International Medical Missions Abroad Volunteer Ahmed Waqar Ahmadiyya Muslim Jama'at Inc. Volunteer Jeff Watchorn Wellspring Cancer Support Foundation Board Member Benjamin Watson Foundation for Open Development Board Member Jarrett Wegener Moccamigos Board Member Aaron Weigel Onward Neighborhood House Board Member Michel Weiss Jewish National Fund of Toronto Board Member Beth Torah Congregation Board Member Allard Westra ACCES Employment Supply Chain Connections Program Volunteer Sheridan College Board Member Darryl White St. Michael’s Hospital Foundation, Campaign Cabinet Board Member Charles Whitesell Vassar Brothers Medical Center Board Member Brett Whysel Red Cross Volunteer Top Honors Volunteer Stephen Wiencke Société pour la Sauvegarde du Patrimoine de Pointe-Claire Board Member Alison Williams TMS School Board Member Helping Other Parents Everywhere Inc. Board Member David Wismer Leaside Hockey Association Volunteer Beth Wisniewski Penfield Children's Center Board Member Susan Wolford Rutgers Cancer Institute of New Jersey Board Member Villanova University School of Business Board Member Center for Education Reform Board Member Carrie Worley Youth Hope Association Board Member

Y Emma Yan Naperville Jaycees Volunteer Catherine Yip Yee Hong Community Wellness Foundation Volunteer Jessica Youstra Ronald McDonald House Volunteer

Z Eric Zampol Julia Burke Foundation Board Member

2014 Citizenship Report 28 29 BMO Capital Markets Who we are BMO Capital Markets is a leading, full-service North American financial services provider offering corporate, institutional and government clients access to a complete range of products and services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. With more than 2,300 professionals in offices in 29 locations around the world, including 16 in North America, BMO Capital Markets works proactively with clients to provide innovative and integrated financial solutions.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$532 billion total assets as at January 31, 2014. BMO Financial Group works with 11 million personal, commercial, corporate, institutional and government clients. Our 45,500 employees are dedicated to making BMO the bank that defines great customer experience.

2014 Citizenship Report 30 Talk with us (416) 359-4000

Learn more bmocm.com

BMO Capital Markets is a leading, full-service North American-based financial services provider, with approximately 2,300 professionals in 30 locations around the world, including 16 offices North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$529 billion total assets and more than 47,000 employees as at January 31, 2015.