VISTA

#200 Ownership – Broadcasting - CRTC 2020-07-09 UPDATE

Update – 2017-05-15 – minor change.

Update – 2017-08-15 – of Ltd.’s shareholding as per information supplied in the 2016 Broadcasting Ownership Information Annual Filing.

CRTC 2017-358 – approved the acquisition by Avenue Radio Ltd. of the assets of CJUI-FM from Vista Radio Ltd.

CRTC 2018-12 – approved the acquisition by Byrnes Communications Inc. of the assets of CJED-FM Niagara Falls and CFLZ-FM Fort Erie from Vista Radio Ltd.

Update – 2018-05-14 – of Vista Radio Ltd.’s shareholding.

CRTC 2018-284 – revoked the radio licence for CIVH Vanderhoof (re: Vista Radio Ltd).

Administrative Decision – 2018-12-11 – approved a change in ownership and effective control of Clear Sky Radio Inc. through the transfer of all of its issued and outstanding shares to Vista Radio Ltd. (2018-0787-7)

Update – 2019-12-02 – amalgamation on 2019-09-01 Clear Sky Radio Inc. and Vista Radio Ltd. to continue as Vista Radio Ltd.

CRTC 2020-165 – approved a new FM radio station in North Bay.

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.

#200 Ownership – Broadcasting - CRTC 2020-07-09 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 with no rebroadcasting transmitters

OWNERSHIP

The Bank of Nova Scotia is trustee of the 2003 TIL Settlement. The 2003 TIL Settlement is controlled by its board of directors.

The 2003 TIL Settlement holds 75.76% in Thomson Investments Limited. The remaining 24.24% is held by an other Canadian shareholder.

Thomson Investments Limited holds 85% in SEB Investments Corp. The remaining 15% is held by Brydson Group Inc. which in turn is 100% held by Brydson Holdings Limited, and which in turn is held 100% by Sherry E. Brydson.

SEB Investments Corp. holds 100% of Westerkirk Capital Inc.

Vista Radio Ltd. is held as follows:

• 80.76% by Westerkirk Capital Inc. • 19.24% by SEB Investments Corp. and

LICENSEES

Vista Radio Ltd. is licensee of the following radio programming undertakings:

British Columbia

− CFBV-AM Smithers (M) − CFCP-FM Courtenay (O) − CFFM-FM Williams Lake (O) − CFFM-FM-2 Quesnel (M) − CFLD-AM (O) − CFNI-AM (M) − CFPW-FM Powell River (O) − CFSM-FM Cranbrook (M) − CHNV-FM Nelson (M) − CIQC-FM Campbell River (M) − CIRX-FM Prince George (O) − CIRX-FM-1 Vanderhoof (M) − CJCI-FM Prince George (O) − CJSU-FM Duncan (O) − CKAY-FM Sechelt (O) − CKBX-AM (O) − CKCQ-FM Quesnel (O) − CKCV-FM Creston (O) − CKGF-FM Grand Forks (M) − CKQR-FM Castlegar (M) − CKWL-AM Williams Lake (O)

Alberta

− CFNA-FM (O) − CFRI-FM (O) − CJLT-FM − CJOC-FM (O) − CKBD-FM Lethbridge (O) − CKLM-FM Lloydmisnter (O) #200 Ownership – Broadcasting - CRTC 2020-07-09

Northwest Territories

− CJCD-FM (M)

Ontario

− CFBG-FM Bracebridge (O) − CFBK-FM Huntsville (O) − CFGM-FM Caledon (O) − CFIF-FM Iroquois Falls (O) − CFSF-FM Sturgeon Falls (O) − CFXN-FM North Bay (O) − CFZN-FM Haliburton (O) − CHBY-FM Barry’s Bay (O) − CHGK-FM Stratford (O) − CHMS-FM Bancroft (O) − CHMT-FM (O) − CHPB-FM Cochrane (O) − CJCS-FM Stratford (O) − CJFB-FM Bolton (O) − CJJM-FM Espanola (O) − CKAP-FM (M) − CKLP-FM Parry Sound (O) − CKNR-FM Elliot Lake (M) − CKPP-FM Prescott (O) − CKVV-FM Kemptville (O) − New FM in North Bay (O)

#200 Ownership – Broadcasting - CRTC 2020-07-09