Regulatory Disclosures

Cordiant Luxembourg S.A. is domiciled in Luxembourg and regulated as an alternative investment fund manager by la Commission de Surveillance du Sécteur Financier.

Cordiant Capital Inc is domiciled in Quebec, Canada and is registered as (i) an Investment Fund Manager, a Portfolio Manager and an Exempt Market Dealer with the Autorité des Marches Financiers, Quebec, and the Ontario Securities Commission, (ii) a Portfolio Manager and an Exempt Market Dealer in Alberta and (iii) an Exempt Market Dealer in British Columbia.  Cordiant Capital Inc is also a Registered Investment Advisor with the U.S. Securities and Exchange Commission.

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