THE COLONNADE GROUP

agriculture environment investmentsreal estate

b

1

The Colonnade Group was founded in 1985 with roots in commercial real estate.

Colonnade has since expanded its focus to the agricultural and environmental sectors and discovered that many of the principles and practices used to build and maintain leading real estate assets and companies can be successfully applied to these areas as well.

The Colonnade Group

f Privately owned

f Founded in 1985 by Jan Kaminski Sr.

f 11 companies headquartered in Ottawa

f Sectors: real estate, agriculture, environment

f www.colonnade.ca

real estate agriculture environment investment

Colonnade Development

Colonnade Management

Colonnade Realty

SiteCast Construction

SiteCast Global

Manderley Turf Products

Bonnefield Inc.

Bonnefield Financial

Bonnefield Realty

terra20 Colonnade Investments

Over the years, the Colonnade name has earned an enviable reputation for

quality, innovation and transparency. Although one sector is exclusively

focused on the environment, all of the Colonnade companies aim to be sustainable

and socially responsible businesses.

2

key personnel – colonnade development

Cal’s ability to create partnerships and establish trusted working relationships has been instrumental in the growth of Colonnade Development. As president, Cal oversees the development process to ensure it meets clients’ objectives and addresses prevailing market conditions.

Cal volunteers his time for the Queensway Carleton Hospital Foundation’s ACE (acute care for the elderly) fundraising initiative and also is actively involved with BOMA.

Cal KirkpatrickPresident, Colonnade Development

Colonnade Development is a commercial real estate development company that helps investors meet targeted returns by offering a complete range of development services for greenfield development opportunities and revitalization projects.

Since its inception in 1985, Colonnade has developed more than 2.5 million square feet of industrial, office and retail projects.

While each company within the real estate portfolio operates as a distinct entity, the affiliation gives the executive teams rare insight into the entire property lifecycle, allowing them to assess risk and capitalize on opportunities to maximize the value of real estate.

f Value of development projects: $350 million

f Developed over 2.5 million sq. ft. since founded

f Numerous development and business awards

f www.colonnadedevelopment.com

DEVELOPMENT SERVICES

Colonnade Development

REAL ESTATE

Pam is responsible for site identification, concept development, project feasibility analysis and investor relations. She has been involved in the acquisition and development of retail, office and industrial properties with a combined value of over $100 million.

Pam creates value to owners by ensuring flexibility, exit strategies and efficient operations while providing timely and accurate information.

Pam is a voluteer member of the Royal Ottawa Foundation Gala for Mental Health committee.

Pam BianconiManager, Colonnade Development Services

3

key personnel – colonnade realty

Mark’s knowledge and experience in the development, leasing and management of commercial real estate combined with his understanding of market trends has proven to be an enormous asset for Colonnade’s clients. He works closely with owners and asset managers to ensure leasing programs meet the objectives of their asset management strategies.

Mark WhiteVice President, Leasing

Colonnade Realty Inc., Brokerage is a boutique commercial real estate brokerage that provides leasing and lease management services to The Colonnade Group and third-party owners.

The company’s success is born out of more than 25 years of working with owners and tenants to find optimal real estate solutions that meet their respective goals.

f 3.7 million sq. ft. under lease

f 487 active leases

f 87 leases executed in 2014

f 700,000 sq. ft. leased in 2014

f www.colonnaderealty.ca

LEASING & LEASE MANAGEMENT

Colonnade Realty

Richard has been in the shopping centre industry in Ottawa in various capacities for more than 30 years and is a respected industry leader. His contacts for retail leasing, management, development and sales are second to none.

Richard is an active community volunteer to the benefit of numerous local charities. Currently he is an advocate for mental health as a member of the Capital Campaign Cabinet and is past Chairman of the Leaders for Mental Health Breakfast for the Royal Ottawa Foundation for Mental Health.

Richard GetzVice President, Retail

Colonnade Management is a recognized leader in retail, office and industrial property management, managing a portfolio that exceeds 4.2 million square feet. With its premium suite of services and commitment to delivering timely and accurate information, the company helps property owners and asset managers make informed decisions to protect and maximize the return on their investments.

f $650 million of managed assets

f In excess of 4.2 million sq. ft. under management

f www.colonnademanagement.com

PROPERTY MANAGEMENT

Colonnade Management

4

key personnel – sitecast construction

As president of SiteCast, Shawn has overseen the design and construction in excess of 85 tilt-up office, retail, institutional and industrial buildings. This includes International projects in Africa and the Middle East.

Shawn received his Gold Seal Certification from the Canadian Construction Association, as well as the Ontario General Contractors Association. In 2013, Shawn was recognized as one of the Most Influential People in the concrete industry.

Shawn HickeyPresident, SiteCast

SiteCast Construction specializes in tilt-up panels to create custom, superior building envelope solutions for retail, industrial, commercial and institutional customers. For more than two decades, SiteCast has been pushing the boundaries in what designers can do with tilt-up to create panels of any size, shape or texture. Its subsidiary, SiteCast Global, has constructed tilt-up buildings in Amman, Jordan; Eritrea, Africa; and Abu Dhabi, United Arab Emirates.

f More than 85 tilt-up projects in Canada and abroad since 1992

f Six CON/STEEL Alliance Building of the Year awards

f Numerous Tilt-Up Concrete Association Achievement awards

f www.sitecast.ca

CONSTRUCTION MANAGEMENT

SiteCast Construction

For over 25 years, John has been helping clients meet their real estate holding goals by watching market trends and matching clients with the appropriate solution. As Vice President Business Development, John is responsible for growing Colonnade Management’s business. As well, he focuses on identifying business and investment opportunities in commercial real estate.

John SeymourVice President, Business Development

key personnel – colonnade management

Greg is responsible for the property management and overall building operations for Colonnade’s entire portfolio of managed properties which includes office, retail and industrial real estate. Greg’s attention to detail and knowledge of property management has led to year over year growth of the portfolio.

Greg JohnstonVice President, Colonnade Management

5

key personnel – bonnefield

Bonnefield Financial and Bonnefield Inc. form Canada’s largest farmland investment manager and property management firm, dedicated to preserving “farmland for farming” across Canada. Bonnefield and its farmland funds are 100% Canadian owned and controlled. Bonnefield’s goal is to protect the integrity of farmland while increasing its long-term value. The team works with farmland operators to help them grow, reduce debt and diversify their assets while promoting good farming practices. Bonnefield Financial provides investors a means by which to invest in and hold farmland for long-term capital appreciation and income.

Bonnefield Realty is the brokerage firm that supports Bonnefield Financial and Bonnefield Inc. throughout Canada.

Agriculture in Canada dates back many centuries and continues to be an integral part of our nation’s fabric. With their focus on sustainable turf products and farmland for farming, Manderley and Bonnefield exemplify Canadian agriculture in the 21st century.

f Founded in 2008

f Assets under management: $328 million

f Farmland across Canada: 48,000 acres

f Headquartered in Ottawa, Canada with offices in Toronto.

f Signatory of United Nations-supported Principles for Responsible Investments initiative

f www.bonnefield.com

FARMLAND INVESTMENT AND PROPERTY MANAGEMENT

Bonnefield

AGRICULTURE

Tom has been President and CEO of Bonnefield Financial since it was founded and is responsible for the company’s overall operations. He has a broad range of private equity investing, investment banking and merchant banking experience. He also has completed the ICD-Rotman Director Education Program. Prior to joining Bonnefield, Tom was the Managing Partner of Latitude Partners, which he co-founded in 1999. Latitude managed the Longitude Fund LP, a private equity fund that specialized in buyouts of private and public Canadian technology companies.

Tom is a member of the Board of Governors of the University of King’s College. He has organized several long-distance cycling tours in support of the MS Society of Canada.

Tom EisenhauerPresident & CEO, Bonnefield Financial

6

For more than 50 years, Manderley Turf Products has been helping Canadians create beautiful lawns and outdoor green space. As Canada’s largest turfgrass sod producer with over 80 million square feet sold annually, Manderley has been instrumental in the creation and development of the sod industry in Canada and continues to lead the industry with advances in production, distribution and product development including drought tolerant turfgrass that reduces water consumption by up to 30%. Manderley sod is grown and sold in the areas surrounding Ottawa, Montreal, Quebec City, Calgary, Edmonton, and northern Alberta.

key personnel – bonnefield

Wally’s passion for farming and his understanding of farm operators – their challenges, opportunities and sensibilities – come directly from experience. He was raised on a farm in Carp, Ontario. This background serves him well as he leads acquisitions at Bonnefield and works directly with farm operators to build long-term relationships. Wally entered real estate in 1986. By 1996 he had earned his broker’s license and by 2000 he had built and was managing a 30-person real estate office.

An active member in his community, Wally has worked on many local committees and associations including the Carp Agricultural Society.

Wally JohnstonVice President of Acquisitions, Bonnefield Financial

key personnel – manderley

Greg SkotnickiPresident, Manderley Turf Products

f Founded in 1960

f 80 million sq. ft. sold annually

f 150 employees, 25 delivery trucks

f NSGA Green certified

f Bullfrogpowered – 100% of sod is produced using renewable energy

f Named one of Canada’s 50 Best Managed Companies in 2011

f www.manderley.com

LAWN & GARDEN PRODUCTS

Manderley Turf Products

JJ is President of Bonnefield, Inc., which provides property management services to all of Bonnefield’s investment funds. He is also Vice President and CFO of Colonnade Investments Inc. JJ’s focus is finance and business operations. He ensures that effective procedures, systems and controls are in place to support a company’s strategic objectives while improving efficiency and mitigating risk. JJ has more than 20 years experience as the CFO for several companies including Ionalytics, FastLane Technologies, Celtic House Venture Partners and Manderly Turf Products.

Jean-Jean (JJ) VanassePresident, Bonnefield Inc.

An Ottawa native, Greg held a number of key executives roles in the private sector before becoming Manderley’s president in 2007. He completed his MBA at Queen’s University and studied at Royal Military College graduating as a mechanical engineer after which he spent time with the Canadian Forces as an air navigator.

Greg is an active participant in Turfgrass Producers International and is the President of the Nursery Sod Growers Association of Ontario (NSGA) leading the NSGA’s Green Certification Program to nursery sod farms across North America.

7

key personnel – terra20

Steve is a serial entrepreneur, who is passionate about helping companies grow and reach their potential. He’s been building successful companies for over 20 years. He brings vision and a strong financial understanding to the companies he works with, challenging himself and the teams he works with to find innovative ways to improve business. Steve is also a director with Colonnade Investments and holds several executive positions within the Colonnade Group.

Recently Steve received the Governor General’s Canadian Caring Award for his volunteer work with the Ottawa Hospital’s Board of Directors.

Bill is on a mission to bring healthier, more sustainable products into the mainstream. He’s backed by over 20 years experience in retail, building distribution strategies and improving the customer experience. He is responsible for bringing the terra20 store concept to life and creating the plan for a national retail chain.

A huge advocate of sharing knowledge, Bill believes in training staff as in-store educators, coordinating vendor and customer feedback and allowing the community to influence the products on the shelves.

Steve KaminskiFounder

terra20 is Canada’s source for healthy & sustainable products for everyday living. The retailer works closely with brand partners and customers to find the healthiest and most sustainable products available. terra20’s first two stores and head office are in Ottawa.

Founded in Ottawa, the company plans to open additional stores across Canada in the near future and has an online store with more than 8,000 product offerings.

Who doesn’t want to have a positive impact on the world around us? terra20 exists to help make it easier for people to make healthier choices that are better for both people and the planet.

f Founded in 2012

f Home of the ecobar - North America’s largest refill station

f Nine ethical standards including a “Baseline Banned List” of 15 harmful chemicals

f Over 180 product categories in 20 departments

RETAILER: HEALTH & SUSTAINABILITY

terra20

ENVIRONMENT

Bill StewartPresident

8

key personnel – colonnade investments

Jan’s focus is management, operations and strategic marketing. He has more than 20 years of experience leading venture backed companies including Ionalytics Corporation and FastLane Technologies. At Ionalytics, Jan guided the company from a research organization through to product commercialization and then negotiated the sale of the company to Thermo Electron. At FastLane, Jan built a global sales and support infrastructure and subsequently led the company to a successful sale and integration with Quest Software Jan is Chairman of St. Patrick’s Home of Ottawa Foundation, a leading elder care facility in Ottawa.

Lisa’s focus is marketing and communications. As part of the Colonnade Investments team, she learns the business, its customers and the environment, and then uses that knowledge to position the company and to build and implement programs that help companies meet their corporate and revenue objectives. Lisa has more than 20 years working with start up and publicly-traded companies, leading their marketing and communication functions. Lisa regularly adjudicates at a national and international level for the International Association of Business Communicators.

Chris’s focus is finance, administration, and business operation Prior to joining Colonnade Investments, Chris was the controller of a regional retail chain where he was responsible for the company’s finance and administration functions. He also helped the company to modernize its IT infrastructure and formalize its business processes.

Chris also spent several years working in the audit group at Deloitte LLP where he focused on public companies and mid cap private businesses.

Jan KaminskiPresident

Colonnade Investments is a growth equity firm that works hand-in-hand with the management teams of established companies to revitalize business and accelerate growth.

Colonnade Investments’ expertise includes strategic planning, balance sheet management, operations and systems, mergers and acquisitions, strategic marketing and succession planning.

At Colonnade, we believe that financial success, sustainability and community can work hand-in-hand. With a focus on best practices in real estate, healthy and sustainable products and farmland for farming, we have developed a strong and growing portfolio of companies.

f Total capital raised for portfolio: over $325 million

f Sectors: real estate, agriculture, environment

f www.colonnadeinvestments.com

INVESTMENT MANAGEMENT

Colonnade Investments

INVESTMENT

Lisa Courtney Lloyd Vice President, Marketing

Chris VerrilliDirector, Finance

9

10

TCG/04/15

The Colonnade Group16 Concourse Gate • Suite 200 • Ottawa • Ontario • K2E 7S8www.colonnade.ca