Corporate Actions Quick Reference Guide Full Event Details

SEPTEMBER 2016

Strictly Private and Confidential

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Contents

Corporate Actions Full Event Details 1

Select Event 1

Event Details 3

Key Dates 4

Options 6

Narrative 7

Restrictions 8

Broker Solicitation 8

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Corporate Actions Full Event Details Overview

The Full Event Details page contains all relevant event details generated for a specific corporate action.

Select Event

To view full event details, select the appropriate event name from the Corporate actions Home page.

Select event

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The Elections page for that event appears and includes the following tabs: Elections

Audit History

Full Event Details

Select Full Event Details for access to the following event details:

Event details

Key dates

Options

Narrative

Restrictions

Broker solicitations

Each link is further described below.

Event tabs

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Event Details

The following is a summary of the Event details fields:

Event category and description

Event category: type of action for this event (e.g., Voluntary or Mandatory)

Event type: a brief description of the event (e.g., Cash Dividend)

Conversion type: type of conversion for this event (if applicable)

Primary event details and status

Event status: status of the event (e.g., NEW, AMENDED)

Event number: a unique number assigned by RBC for this event

Version: sequential numbering of notices (e.g., first notice is version 1; next update is version 2, etc.)

Notification date: date when the current version of the notification was initiated by RBC

Event ID information

Security: name or description of the underlying security

Maturity date: maturity date for this event (if applicable)

Interest rate: interest rate for the event (if applicable)

ISIN: security’s unique ISIN

SEDOL: security’s unique SEDOL (if applicable)

CUSIP: security’s unique CUSIP number (if applicable)

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Key Dates

The following is a summary of the Key dates fields:

If no date is displayed, there is either no information available for this event, or a date is not applicable for the event.

Announcement date: announcement date for the event (SWIFT qualifier ANNO)

Due bill date: period after record date when a security is trading on a pre-split or pre-entitlement basis. For due bill driven events, positions are paid by applying tracked transactions that settled between record date +1 (business day) and the close-of business on due bill redemption date (SWIFT qualifier MCTD).

Early payment date earliest date on which payment is expected, but not guaranteed to be paid (SWIFT qualifier EARL)

Effective date/time: date and time at which the event is officially effective from the issuer’s perspective. In North American markets, this is usually the stock exchange delist date and time (SWIFT qualifier EFFD)

Ex date: date the security begins to trade in the market without (ex) the entitlement attached (SWIFT qualifier XDTE)

Meeting date: the date set by the issuer for security holders’ to meet to vote on a proposed event (SWIFT qualifier MEET)

Payment date: date advised by the issuer when payment is expected, but not guaranteed to be paid (SWIFT qualifier PAYD)

Pro rate date: date when the pro-ration factor for an event is determined by the issuer, or the issuer’s agent (pro-ration factor is the calculation that determines the proportionate payment to be paid to participants in an offer)

Record date: date when the company’s share register is temporarily closed by their designated agent in order to determine shareholder entitlements. In the case of exdate driven events, this date is not legally binding in the event of a disputed entitlement (SWIFT qualifier RDTE)

Redemption date: date when the payment is expected, but not guaranteed, to be paid for securities which mature in advance of an originally established payment date (e.g., a debt issue originally scheduled to pay five years from now is paid in the current year)

Unblocking date: date when shares are expected to be unblocked and available for delivery

Important Dates

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CDS Exp date: date established by the Canadian Depository for Securities by which participants must submit elections for tender

Current response deadline: the nearest upcoming response date when client elections must be received by RBC (SWIFT qualifier RDDT)

Deadline to register date by which shares/positions must be registered with the agent in order to be eligible to participate in an event

Legal exp date: expiry date (or market deadline date) set by the issuer by which securities must be presented to the issuer or appointed agent to be eligible for participation in the event (SWIFT qualifier MKDT)

Next resp deadline: next response deadline date

RBC IS London exp date: date by which RBC’s appointed global sub-custodian requires elections to be submitted to them

Withdrawal date: last eligible date to revoke and withdraw a previously submitted election

Agent depository date: date by which the agent, or registrar, (appointed by the issuer) requires elections to be submitted in order to be eligible to participate in the event

US cust exp date: date by which RBC’s appointed US sub-custodian requires elections to be submitted

Deadline Details

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Options

The following is a summary of the fields for each option: If multiple options are available, each will appear with relevant details.

Option number and type The event option number(s) and the option type (e.g., No Action, Cash)

Response deadline The current date and time for elections to be submitted to RBC for processing of the specified option. Where multiple deadlines are associated with the option, additional information will be provided in the option narrative.

Option details Additional details and notes for this option (e.g., legal expiry date, option-event details, instructions)

SWIFT code The option’s SWIFT code

Option currency The currency associated with the cash component of the option (if applicable)

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Narrative

The following is a summary of the narrative details for an event:

Narrative notification

Additional information provided by the event issuer regarding the terms of the event, procedural and processing information, paid by, date paid, rates, etc. (where applicable) Any updates or advisories to the notifications that have occurred after the initial event notification will be available in this section.

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Restrictions

This section provides details of the requirements or restrictions imposed by the event issuer that must be fulfilled in order to be eligible to participate in the corresponding event.

Broker Solicitation

This section contains any details of Broker solicitation fees which are associated with an offer.

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RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 19 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets, maximize liquidity and manage risk in multiple jurisdictions with a focus on operational risk management. Our clients have rated RBC I&TS the #1 global custodian for six consecutive years*, with the highest credit rating among our peers, and over CAD 3.6 trillion in client assets under administration.

*Source: Global Custody Survey, Global Investor ISF, 2011 to 2016

CONTACT US

If you require further information on RBC I&TS’ Corporate Actions application, please contact your RBC I&TS representative.

RBC Investor & Treasury Services™ is a global brand name and is part of Royal Bank of Canada. RBC Investor & Treasury Services is a specialist provider of asset servicing, custody, payments and treasury services for financial and other institutional investors worldwide. RBC Investor & Treasury Services operates primarily through the following companies: Royal Bank of Canada, RBC Investor Services Trust and RBC Investor Services Bank S.A., and their branches and affiliates. In the UK, RBC Investor Services Trust operates through a branch authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. In Australia, RBC Investor Services Trust is authorized to carry on financial services business by the Australian Securities and Investments Commission under the AFSL (Australian Financial Services Licence) number 295018. In Singapore, RBC Investor Services Trust Singapore Limited (RISTS) is licensed by the Monetary Authority of Singapore (MAS) as a Licensed Trust Company under the Trust Companies Act and was approved by the MAS to act as a trustee of collective investment schemes authorized under S 286 of the Securities and Futures Act (SFA). RISTS is also a Capital Markets Services Licence Holder issued by the MAS under the SFA in connection with its activities of acting as a custodian. In Hong Kong, RBC Investor Services Bank S.A. is a restricted license bank and is authorized to carry on certain banking business in Hong Kong by the Hong Kong Monetary Authority. RBC Investor Services Trust Hong Kong Limited is regulated by the Mandatory Provident Fund Schemes Authority as an approved trustee. References to actual securities are for example purposes only, and do not reflect an endorsement of those securities. This is not intended as an offer or solicitation for the purchase or sale of any financial instrument, investment product or service. ® / ™ Trademarks of Royal Bank of Canada. Used under licence.