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THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING/McGILL UNIVERSITY Canadian Equities │ As at March 31, 2021

Canadian Equities Above $500,000 Publicly Traded and Held in Segregated Accounts (in Cdn $)

ROYAL OF 14,409,709 AGNICO EAGLE MINES LIMITED 1,253,939 DOMINION BANK 11,185,737 INC 1,234,979 LTD 9,178,560 GDI INTEGRATED FAC SVCS INC 1,206,901 BROOKFIELD ASSET MGMT INC 8,439,447 BOYD GROUP SERVICES INC 1,186,289 INC 6,856,851 RICHELIEU HARDWARE LTD 1,143,267 BANK OF NOVA SCOTIA 5,982,510 TOROMONT INDUSTRIES LTD 1,142,256 INC 5,851,303 CANADIAN APARTMENT PPTYS REIT 1,047,631 INC 5,358,974 WINPAK LTD 1,034,447 INC 4,855,379 ELEMENT FLEET MANAGEMENT CORP 1,007,971 CANADIAN NATURAL RESOURCES LTD 4,676,452 EQUITABLE GROUP INC 1,003,416 FRANCO-NEVADA CORP 4,544,374 PARKLAND CORP 967,713 INC 4,498,021 BADGER DAYLIGHTING LTD 936,367 FINANCIAL CORP 4,441,245 INC 925,704 CORP 4,265,722 INC 920,326 TC ENERGY CORP 3,874,676 GRANITE REIT 888,765 INC 3,561,441 SLEEP COUNTRY CDA HOLDINGS INC 857,806 INTACT FINANCIAL CORP 3,519,054 LOGISTEC CORP 851,127 CORP 3,262,958 INC 850,342 OF CANADA 3,216,656 FIRSTSERVICE CORP 850,063 ALIMENTATION COUCHE-TARD INC 3,120,850 IA FINANCIAL CORP INC 844,149 CORP LTD 3,062,104 SAVARIA CORP 818,493 CGI INC 3,061,053 INTERNATIONAL INC 815,555 CORP 2,897,829 EMPIRE CO LTD 812,476 COLLIERS INTL GROUP INC 2,661,858 LEON'S FURNITURE LTD 807,961 CCL INDUSTRIES INC 2,356,380 TFI INTERNATIONAL INC 773,570 2,314,170 ALTUS GROUP LTD 765,231 CORP 2,271,600 CAE INC 759,494 CO LTD 2,034,406 INC 749,581 CORP 1,966,830 K-BRO LINEN INC 722,915 METRO INC 1,915,854 ENERFLEX LTD 720,865 TOPICUS.COM INC 1,863,010 REAL MATTERS INC 710,553 LINAMAR CORP 1,748,524 ACTIVEWEAR INC 698,164 ATS AUTOMATION TOOLING SYS INC 1,698,818 IVANHOE MINES LTD 684,267 LTD 1,653,173 RECIPE UNLIMITED CORP 675,729 CANADIAN NATIONAL RAILWAY CO 1,622,762 IBI GROUP INC 638,761 ENGHOUSE SYSTEMS LTD 1,549,348 TUCOWS INC 631,088 BRP INC 1,369,644 EXCO TECHNOLOGIES LTD 584,214 1,338,622 MAJOR DRILLING GROUP INTL INC 580,763 STELLA-JONES INC 1,260,531 FIRST CAPITAL REIT 552,844

Total Canadian equities above $500,000 (publicly traded and held in segregated accounts) 187,402,418

THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING/McGILL UNIVERSITY Canadian Equities │ As at March 31, 2021

Canadian Equities Below $500,000 Publicly Traded and Held in Segregated Accounts (in Cdn $)

CELESTICA INC NEW LOOK VISION GROUP INC INTERNATIONAL CDA INC HOME CAPITAL GROUP INC ANDREW PELLER LTD CLASS'A' NPV AIRBOSS OF AMERICA CORP LTD MAINSTREET EQUITY CORP INC SAVARIA CORPORATION

Total Canadian equities below $500,000 2,571,815 (publicly traded and held in segregated accounts)

Canadian Equities Pooled and Exchange Traded Funds (in Cdn $)

ISHARES S&P/TSX60 Index ETF 3,408,280

Total Canadian Equities Pooled and Exchange Traded Funds 3,408,280

Total 193,382,514