Refinitiv Lipper Fund Awards 2020 Winner, Canada, ABC American-Value Fund, Best Fund Over Past 5 Years, North American Equity We are pleased to announce that the ABC American-Value Fund was awarded the 2020 Refinitiv Lipper Fund Award for 5 year North American equity performance. We are honoured to receive this prestigious investment recognition and thank our whole ABC team for their combined efforts. More importantly, this award confirms the success of our ABC Funds portfolio realignment, over five years ago, into new value. Irwin A. Michael, PresidentI.A. Michael Investment Counsel Ltd. Disclaimer The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.