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Investor Presentaiton

30 EXCELLENCE INNOVATION PEOPLE GROWTH STN TSX NYSE Leverage Net Debt to Adjusted EBITDA Internal guideline December 31, 2019 " (1) Net debt/adjusted EBITDA is a non-IFRS measure discussed in the Definition section of our 2019 Annual Report. As reported 1.0x to 2.0x excluding IFRS 16 1.5x to 2.5x 1.1x (1) 1.5x
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