Investor Presentaiton

ONE INVESTMENT INFRASTRUCTURE INVESTMENT Lower Target | Upper Target Current Infrastructure Reinvestment| Reinvestment | Reinvestment Rate Rate Rate Potable Water (linear) 1.0% 1.5% 0.9% Potable Water (non-linear) 1.7% 2.5% 1.1% Wastewater (linear) 1.0% 1.3% 0.7% Wastewater (non-linear) 1.7% 2.5% 1.4% Stormwater (linear) 1.0% 1.3% 0.3% Stormwater (non-linear) 1.7% 2.0% 1.3% Roads and Sidewalks 2.0% 3.0% 1.1% Bridges 1.0% 1.5% 0.8% Buildings 1.7% 2.5% 1.7% Sport and Recreation 1.7% 2.5% 1.3% 2016 Canadian Infrastructure Report Card, p. 11 44

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