General Research Disclaimer

This research report is provided to you for informational purposes only. Nothing contained in this report is, or should be, relied upon as a promise or representation as to the future performance. The estimated financial information contained in this report, if any, is based on certain assumptions and the analysis of information available at the time that this information was prepared. There is no representation, warranty or other assurance that any projections contained in this report will be realized.

This report is not intended to provide personal investment advice. Investors should seek advice regarding the suitability of any investments or strategies discussed in this report. Opinions, estimates and projections are those of the ATB Securities Inc. (“ATB Capital Markets”) Research Group and are subject to change without notice. Individuals involved in the production of research materials operate independently and without influence from any (other) ATB Capital Markets departments, including ATB Capital Markets affiliates. This report is not, and is not to be construed as (i) an offer to sell or solicitation of an offer to buy securities or (ii) an offer to transact business in any jurisdiction or (iii) investment advice to any party. Products and services described herein are only available where they can be lawfully provided.