Dividends

Dividend Policy

The Board will assess dividend payout levels, from time to time, in light of the Corporation’s financial performance and its then current and anticipated business needs at that time. In determining the Corporation’s dividends payout levels, the Board will consider:

• economic and market conditions;
• funding requirements of operating businesses;
• ongoing and anticipated obligations under the Corporation’s indebtedness;
• potential acquisitions or other opportunities that may arise from time to time;
• provisions of applicable law; and
• other factors that the Board may deem relevant from time to time.