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Investor Presentaiton

2 PROVINCE OF MANITOBA RESPONSIBLE PROGRESS | DECEMBER 2019 Prince Rupert āœ“ Central geographical location āœ“ Fifth-largest provincial population at almost 1.4 million and one of the fastest growing in Canada Nominal Gross Domestic Product is $72.4 billion in 2018, among the most diversified and most stable economies in Canada Sound credit rating Moody's: Aa2 (stable) S&P: A+ (positive) DBRS: A (high) The Progressive Conservative Party of Manitoba was elected to a second consecutive majority with 36 of 57 seats on September 10, 2019 Next provincial election is on or before October 3, 2023 Vancouver LEGEND Inland Port Partners CN Rail Lines Rankin Inlet Churchill Thompson Edmonton Saskatoon Calgary Winnipeg. Regina Fort Worth Dallas San Antonio CP Rail Lines BNSF Rail Lines Other Rail Lines Highway Routes Guanajuato Manzanillo Lazaro Cardenas -Minneapolis-St. Paul Des Moines Kansas City Chicago New Orleans Quebec Montreal Ottawa Toronto Windsor Detroit
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