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STINGRAY , TV, Pay and Discretionary Services

#224a Ownership – Broadcasting - CRTC 2020-08-19

UPDATE

CRTC 2018-404 – approved a change in ownership and effective control of Capital Corporation Limited, the parent corporation of Newcap Inc. and its licensed broadcasting subsidiaries, through the transfer of all of its issued and outstanding shares to Stingray Digital Group Inc. (10.7%) and its wholly owned subsidiary 10643432 Inc. (89.3%).

Update – 2018-12-06 – on 1 December 2018, Stingray Digital Group Inc. changed its name to Inc.

Amalgamation – 2018-12-16 – of 10643432 Canada Inc., Newfoundland Capital Corporation Limited and Newcap Inc. to continue as Inc.

CRTC 2019-237 – approved the conversion of CHCM from the AM to the FM band.

CRTC 2019-253 – approved the acquisition by Stingray Radio Inc. of the assets of the radio station CHOO-FM from Golden West Broadcasting Ltd. (2019-0071-2) NOTE: the closing of the transaction occurred on 26 August 2019 and the transaction has been reflected.

CRTC 2019-430 – approved the application by Stingray Group Inc. for a broadcasting licence to operate the currently exempt, national, French-language PalmarèsADISQ as a licensed discretionary service.

CRTC 2020-53 – approved the acquisition by Stingray Radio Inc. of the assets of the radio stations CIXL-FM Welland and CKYY-FM Welland from R.B. Communications Ltd. NOTE: The transaction will only be reflected upon confirmation of the closing date.

CRTC 2020-98 – approved a broadcasting licence to operate the currently exempt, national discretionary service Stingray Hits.

Update – 2020-07-15 – minor changes.

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.

#224a Ownership – Broadcasting - CRTC 2020-08-19 APPENDIX

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

Decision CRTC 2020-53 - acquisition by Stingray Radio Inc. of the assets of the radio stations CIXL-FM Welland and CKYY-FM Welland from R.B. Communications Ltd. will be reflected upon receipt of the confirmation of the closing of the transaction.

OWNERSHIP

For the ownership of Stingray Group Inc., see Chart 224.

Stingray Group Inc. holds 100% of Stingray Radio Inc.

Stingray Radio Inc. holds the following • 100% of 8384827 Canada Inc. • 100% of 8384860 Canada Inc. • 100% of 8384878 Canada Inc. • 100% of 8504580 Canada Inc. • 100% of Matricon Holdings Ltd. • 82% of N L Broadcasting Ltd. The other 18% is held by Matricon Holdings Ltd.

LICENSEES

Stingray Group Inc. is licensee of the following national services:

- PalmarèsADISQ (discretionay) - Stingray () - Stingray Ambiance (discretionary) - (discretionary) - Stingray Hits (discretionary) - (discretionary) - (discretionary) - (discretionary)

Stingray Group Inc. also operates exempt discretionary services.

Stingray Radio Inc. is licensee of the following radio and television programming undertakings:

Alberta - CFCW-AM Camrose (O) - CFCW-FM Camrose (O) - CFHI-FM Hinton (O) - CFXE-FM Edson (M) - CFXH-FM Hinton (O) - CFXL-FM (O) - CFXW-FM (M) - CHOO-FM Drumheller (O) - CHSL-FM (M) - CHSP-FM St. Paul (O) - CIBQ-FM Brooks (O) - CILB-FM Lac La Biche (O) - CIRK-FM (O) - CIXF-FM Brooks (O) - CIZZ-FM Red Deer (O) - CJEG-FM (O) - CJPR-FM Blairmore (M) - CJXK-FM Grand Centre (O) - CKBA-FM Athabasca (O) - CKDQ-AM Drumheller (O) - CKGY-FM Red Deer (O) - CKJR-AM (O) - CKKY-FM Wainwright (O) - CKMP-FM Calgary (O) - CKRA-FM Edmonton (O) - CKSA-FM (O)

#224a Ownership – Broadcasting - CRTC 2020-08-19 - CKSQ-FM Stettler (O) - CKVH-FM (O) - CKWB-FM (O) - CKWY-FM Wainwright (O)

- CITL-DT Lloydminster (O) - CKSA-DT Lloydminster (M)

New Brunswick - CFRK-FM (O) - CHHI-FM Miramichi (O) - CHNI-FM Saint John (O) - CIHI-FM Fredericton (O) - CJMO-FM (O) - CJXL-FM Moncton (O)

Newfounland / Labrador - CFCB-AM (M) - CFLN-FM Goose Bay (M) - CFSX-AM Stephenville (M) - CHCM-AM Marystown (O) - CHCM-FM Marystown (O) (CHCM-FM to replace CHCM-AM is authorized to simulcast for a transition period of three months following the commencement of operations of the new FM station) - CHVO-FM (O) - CJYQ-AM St. John’s (O) - CKCM-AM Grand Falls (M) - CKGA-AM Gander (O) - CKIX-FM St. John’s (O) - CKLN-FM (O) - CKVO-AM Clarenville (O) - CKXD-FM Gander (O) - CKXG-FM Grand Falls (M) - CKXX-FM Corner Brook (M) - VOCM-AM St. John's (O) - VOCM-FM St. John's (M)

Nova Scotia - CFRQ-FM Dartmouth (O) - CHRK-FM Sydney (O) - CIJK-FM Kentville (O) - CKCH-FM Sydney (O) - CKEC-FM New Glasgow (O) - CKEZ-FM New Glasgow (O) - CKUL-FM Halifax (O)

Ontario - CHNO-FM Sudbury (O) - CIGM-FM Sudbury (O) - CIHT-FM (O) - CILV -FM Ottawa/Gatineau (O)

British Columbia - CIGV-FM (M) - CKKO-FM (O)

Prince Edward Island - CHTN-FM (M) - CKQK-FM Charlottetown (M)

8384827 Canada Inc. is licensee of the following radio programming undertaking in the province of :

- CFXJ-FM (O)

#224a Ownership – Broadcasting - CRTC 2020-08-19 8384860 Canada Inc. is licensee of the following radio programming undertaking in the province of :

- CHLG-FM (O)

8384878 Canada Inc. is licensee of the following radio programming undertaking in the province of British Columbia:

- CKZZ-FM Vancouver (O)

8504580 Canada Inc. is licensee of the following radio programming undertaking in the province of Ontario:

- CHBM-FM Toronto (O)

N L Broadcasting Ltd. is licensee of the following radio programming undertakings in the province of British Columbia:

- CHNL-AM (M) - CJKC-FM Kamloops (O) - CKRV-FM Kamloops (O)

#224a Ownership – Broadcasting - CRTC 2020-08-19