In Quebec, the fee calculation takes into account the aggregate value of securities placed with beneficial owners located in the province. In order for the duties payable in Quebec to be calculated correctly, you must enter the total value of the securities placed in Quebec, which includes :

• the total amount of securities distributed in Quebec, under any exemption, as entered in item 7f) (investment information) of the exempt distribution statement.
• the total amount of securities placed with beneficial owners located in Quebec when the securities have been acquired for a discretionary managed account.