THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING/McGILL UNIVERSITY

Canadian Equities │ As at June 30, 2018

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

TORONTO DOMINION BANK 9,910,190 INC 1,209,739 ROYAL BANK OF 8,917,316 KELT EXPLORATION LTD 1,188,512 INC 6,879,833 INC 1,183,053 BROOKFIELD ASSET MGMT INC 4,896,921 ENERFLEX LTD 1,150,883 CANADIAN NATURAL RESOURCES 4,524,263 LTD 1,145,213 CGI GROUP INC 4,482,828 MULLEN GROUP LTD 1,083,045 CCL INDUSTRIES INC 4,351,728 ENCANA CORP 1,073,348 INC 4,212,781 NUVISTA ENERGY LTD 1,073,050 INC 3,788,734 KINAXIS INC 1,065,983 ALIMENTATION COUCHE-TARD INC 3,581,197 RECIPE UNLIMITED CORP 949,389 CANADIAN NATIONAL RAILWAY CO 3,441,390 PARKLAND FUEL CORP 927,785 LTD 3,240,856 TUCOWS INC 916,541 INC 3,236,207 INC 895,850 CORP 3,013,785 CANADA GOOSE HOLDINGS INC 883,361 INTACT FINANCIAL CORP 2,802,815 LEON'S FURNITURE LTD 880,407 CANADIAN APARTMENT PPTYS REI 2,498,502 MAJOR DRILLING GROUP INTL INC 856,979 LTD 2,322,898 SECURE ENERGY SERVICES INC 799,566 FRANCO-NEVADA CORP 2,272,288 EQUITABLE GROUP INC 787,443 PRAIRIESKY ROYALTY LTD 2,065,386 TRICAN WELL SERVICE LTD 782,920 ONEX CORP 2,053,018 CANADIAN UTILITIES LTD 758,952 1,987,108 INC 754,132 INC 1,953,226 LASSONDE INDUSTRIES INC 745,893 AGNICO EAGLE MINES LIMITED 1,902,362 COMMUNICATIONS INC 722,246 TOROMONT INDUSTRIES LTD 1,857,048 CES ENERGY SOLUTIONS CORP 718,490 TRANSCANADA CORP 1,804,120 RUSSEL METALS INC 710,577 INC 1,798,661 HORIZON NORTH LOGISTICS INC 691,793 FIRSTSERVICE CORP NEW 1,764,224 CORP 675,963 COLLIERS INTL GROUP INC 1,719,944 AUTOCANADA INC 653,541 ENGHOUSE SYSTEMS LTD 1,703,142 IMAX CORP 652,441 STELLA-JONES INC 1,626,536 WSP GLOBAL INC 640,354 GREAT WEST LIFECO INC 1,591,760 LTD 623,934 FORTIS INC 1,581,255 EXCO TECHNOLOGIES LTD 617,739 METRO INC 1,328,902 ABSOLUTE SOFTWARE CORP 604,033 MAXAR TECHNOLOGIES LTD 1,299,078 CORP 600,209 WINPAK LTD 1,281,676 GDI INTEGRATED FACILITY SVCS 575,712 ATS AUTOMATION TOOLING SYS IN 1,275,395 CI FINANCIAL INC 535,172 RICHELIEU HARDWARE LTD 1,249,129 KNIGHT THERAPEUTICS INC 524,345 NORBORD INC 1,226,297 IBI GROUP INC 516,461 LTD 1,224,371 NEW LOOK VISION GROUP INC 513,449 RESTAURANT BRANDS INTL INC 1,218,127 ZCL COMPOSITE INC 502,963

Total Canadian equities above $500,000 (publicly traded and held in segregated accounts) 146,076,761

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THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING/McGILL UNIVERSITY

Canadian Equities │ As at June 30, 2018

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

EMERA INC 5N PLUS INC INTERNATIONAL INC POWER CORP CANADA CERVUS EQUIPMENT CORPORATION PRECISION DRILLING CORPORATION BRP INC INTERTAPE POLYMER GROUP INC LOGISTEC CORP XENON PHARMACEUTICALS INC CRESCENT POINT ENERGY CORP K-BRO LINEN INC IPL PLASTICS INC RAGING RIVER EXPLORATION INC MAV BEAUTY BRANDS INC OSTA BIOTECHNOLOGIES INC ALTUS GROUP LTD SOCIETE COOPERATIVE AGRICOLE PEYTO EXPLORATION & DEV CORP PRESIDENT BRAND GOLD MINING CO COMPUTER MODELLING GROUP LTD

Total Canadian equities below $500,000 (publicly traded and held in 5,017,470 segregated accounts)

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

ISHARES S&P/TSX60 Index ETF 2,934,505

Total Canadian Equities Pooled and Exchange Traded Funds 2,934,505

Total 154,028,737

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