MAY 2017

GREEN BOND PRESENTATION

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› About Export Development Canada (EDC)

› Activities in the Green Bond Market

› Impact Report & Looking Forward

OUTLINE

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› Canada’s Export Credit Agency › A AAA rated Crown corporation wholly-

owned by Government of Canada *› Financially self-sustaining› Operates on commercial principles › Help companies go, grow and succeed

internationally

* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to review or withdrawal at any time.

ABOUT EDC

LONDONUNITED KINGDOM

JOHANNESBURGSOUTH AFRICA

A GROWING WORLDWIDE PRESENCE

MOSCOWRUSSIA

SYDNEYAUSTRALIA

JAKARTAINDONESIA

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› Ten year average growth of ~13 percent

020406080

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016CA

D B

illio

ns

RESULTING IN TOTAL ASSET GROWTH

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Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

$

CAD Billions

23.089

35.256

32.898

31.882

33.596

36.233

41.516

49.004

60.969

63.124

Sheet1

20062007200820092010201120122013201420152016

$22.82523.08935.25632.89831.88233.59636.23341.51649.00460.96963.124

1.01156626511.52696089050.93311776720.96911666361.05376074271.07849148711.14580630921.18036419691.24416374171.0353458315

1.09550230271.10268858931.11239804031.12703867381.1296808478

41%

20%

11%

7%

6%

Loan Exposure by Geographic Market

Other United States Canada Brazil

Australia Mexico India Chile

(1)

34%

24%

10%

9%

8%

8%

Loan Exposure by Sector

Extractive AerospaceInfo & Com Technologies Surface TransportationFinancial Institutions Infrastructure & EnvironmentOther Sovereign

Source: EDC 2016 Annual Report(1) Includes 75 countries with the largest single country gross loans exposure of $2.3 billion.

DIVERSIFIED EXPOSURE

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› A Growing Green Asset Portfolio› Climate change is a key feature of our

environmental and social risk management framework

› EDC supports large infrastructure projects designed to contribute to reducing environmental degradation

› Our portfolio of environmentally sustainable loans is growing

› Our contributions to the Green Bond Market have been highlighted in the Government of Canada’s Budget

WHY EDC ENTERED THE GREEN BOND MARKET

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› EDC has contributed to the successful development of the Green Bond market

› A response to investor demand› The need for fixed income products to

meet a growing number of mandates with environmental objectives

› Our Liquidity Portfolio will consider purchasing Green Bonds from its list of approved counterparties

WHY EDC ENTERED THE GREEN BOND MARKET

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EDC’S GREEN BOND FRAMEWORK

› Eligible Transactions› Waste Management› Remediation & Soil Treatment› Recycling & Recovery› Water Management › Sustainable Forests Management› Sustainable Agriculture Management› Renewable Energy› Biofuels & Bioenergy› Smart Grid Energy Infrastructure› Alternative Energy Transportation and Public Ground Transport› Industrial Process ImprovementsThe Centre for International Climate and Environmental Research (CICERO) at the University of Oslo provided an opinion based on their review of our Green Bond Framework and process.

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ACTIVITY IN THE GREEN BOND MARKET

› Selection of Assets› Each quarter our Environmental Advisory Services and Cleantech teams review the

pipeline of transactions to identify loans that meet criteria of the Green Bond Framework

› Separation of Funds› Net bond proceeds are allocated to a separate “Green” investment portfolio and then

allocated to fund eligible green loans

› Aligns with Green Bond Principles

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ACTIVITY IN THE GREEN BOND MARKET

Issuer: EDCRatings: Aaa Stable (Moody’s) /

AAA Stable (S&P)Format: SEC RegisteredSize: US$300 MMPricing Date: 23 January 2014Maturity Date: 30 January 2017Coupon: 0.875% (semi-annual)

› Green Bond 1› Issued in January 2014› Proceeds of which funded 9 transactions› Totaling US$ 300 MM› Ernst and Young, LLP have independently audited the allocation of funds from the

Green Bond proceeds as at November 30, 2014

› The bond matured on January 30, 2017

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ACTIVITY IN THE GREEN BOND MARKET

› Green Bond 2› Issued in December 2015› Proceeds of which funded 8 transactions› Totaling US$ 300 MM

› Luxembourg Green Bond Exchange› Barclays MSCI Green Bond Index › B of A Merrill Lynch Green Bond Index› S & P Green Bond Index

There can be no assurance that this bond, or any future green bond issued by EDC, will be included in or remain in these indices or any others.

Issuer: EDCRatings: Aaa Stable (Moody’s) /

AAA Stable (S&P)Format: SEC RegisteredSize: US$300 MMPricing Date: 1 December 2015Maturity Date: 10 December 2018Coupon: 1.250% (semi-annual)

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EDC’S GREEN BOND PROCESS

Continue to enhance our reporting for investors› Worked with Supranationals to derive common

reporting approach› Estimated the annual amount of avoided and/or

reduced to be approximately› 2.16 million metric tonnes of CO2-equivalent› an increase of approximately 35% from our

previous impact report of March 2016

› corresponds to taking approximately 455,000 passenger vehicles off the road, per year

Source: 2017 EDC Impact Report

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THE FUTURE OF EDC’S GREEN BOND PROGRAM

› Growth of Green Assets portfolio expected to enable EDC to be a regular issuer of Green Bonds

› Active engagement with new and existing Green Bond focused investors in the virtual world to reduce our carbon footprint

› Leveraging digital strategies› Continue to enhance transparency

and reporting

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CONTACT US

For further information kindly contact:

Nancy KyteHead of Funding & Investor Relationsnkyte@edc.ca

Rimal GaindPortfolio Managerrgaind@edc.ca

613-598-2800

https://www.sec.gov/Archives/edgar/data/276328/000119312515371942/d81257dex9911.htm

mailto:nkyte@edc.camailto:rgaind@edc.cahttps://www.sec.gov/Archives/edgar/data/276328/000119312515371942/d81257dex9911.htm

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Legal Disclaimer: This Investor Presentation highlights basic information about Export Development Canada (the “Issuer”) and this offering. Because it is a summary, it does not contain all of the information that you should consider before investing.

The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communicationrelates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling [Lead bank] toll-free at [_] or [Lead bank] toll-free at [_].

Forward Looking Statements: Statements made in this Investor Presentation which describe the Issuer’s intentions, expectations, beliefs, or predictions may be forward-looking statements within the meaning of securities laws. The Issuer cautions that, by their nature, forward-looking statements involve risk and uncertainty and that the Issuer’s actual results could differ materially from those expressed or implied in such forward-looking statements.

http://www.sec.gov/

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