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RIF Declaration of Trust 326

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ATB Securities Inc. Self-Directed Retirement Income Fund Declaration of Trust In this Declaration of Trust: "Us", "our" and "we" refer to Canadian Western Trust Company. "You" and "your" refer to the applicant named on the application for an ATB Securities Inc. Self-Directed Retirement Income Fund. "Application" means your application for the Fund. Any reference in this Declaration of Trust or in the Application to: a. "Spouse" means "spouse" or " common-law partner"(as applicable); and b. "marriage" means "marriage" or "common-law partnership". References to designated Articles are to the designated Articles in this Declaration of Trust. We agree with you to act as trustee for your ATB Securities Inc. Self-Directed Retirement Income Fund (the "Fund"), upon the following terms and conditions: 1. Registration: We will apply for registration of the Fund under the provisions of the Income Tax Act (Canada) (the "Act") and any applicable provincial income tax legislation relating to retirement income funds (the Act and such provincial income tax legislation hereinafter collectively referred to as "Applicable Tax Legislation"). 2. Fund Property: Only property transferred from the following sources shall be accepted for the Fund: a. a registered retirement savings plan under which you are the annuitant; b. another registered retirement income fund under which you are the annuitant; c. from you, to the extent only that the amount of the consideration was an amount described in subsection 60(l)(v) of the Act; d. a registered retirement income fund or registered retirement savings plan of your spouse or former spouse transferred due to the breakdown of your marriage, as set out in subsection 146.3(2)(f)(iv) of the Act; e. a registered pension plan of which you are a member (within the meaning assigned by subsection 147.1(1) of the Act), f. a registered pension plan in accordance with subsection 147.3(5) or (7) of the Act; g. a specified pension plan in circumstances to which subsection 146(21) of the Act applies; or h. such other source as may be permitted under the Act from time to time, such transfers, together with any income therefrom, shall constitute a trust fund (the "Trust Fund") to be used, invested and held subject to the terms of this Declaration of Trust. 3. Investment: The Trust Fund shall be invested and reinvested by us, on your direction. The Fund will not be limited to investments authorized by law governing the investment of property held in trust other than investment rules imposed by the Applicable Tax Legislation for a tax-free savings account. We will only act on your instructions if they are in a form acceptable to us and are accompanied by related documents as required by us, in our sole discretion. We may accept and act on any investment instructions which we believe, in good faith, to be given by you. If you do not provide any direction to us regarding the investment of any cash balances or any other property forming part of the Trust Fund from time to time, we will allow interest on such balances at such rate and credited at such time as we determine in our sole discretion. 4. Management and Ownership: We may hold any investment in our own name, in the name of our nominee, in bearer form or in such other name as we may determine. We may generally exercise the power of an owner with respect to all stocks, bonds, or other securities held by you for the Fund, including the right to vote or give proxies to vote in respect thereof and to pay an assessment, taxes or charges in connection therewith or the income or gains derived therefrom. 5. Account and Statements: We shall maintain an account in your name showing all transfers made to the Fund and all investment transactions made at your direction in respect of the Fund. We shall forward to you, in respect of each year, statements for the Fund showing all transfers and investment transactions made and all income and expenses earned or incurred during such period. You agree to review each statement and must notify us in writing of any discrepancies, errors, or omissions with respect to any information contained in the statement or any entry or transaction posted to it within 30 days from the date of the statement, failing which the statement (except any amount that has been credited to the Fund) will be deemed to be conclusively correct and complete and will be binding upon you. In such case, we will be released by you from any claims in respect of the statement and no claim may be made by you against us for any item disclosed on the statement. 6. Delegation: You authorize us to, and we may, delegate to ATB Securities Inc. (our "Agent") the performance of the following of our duties and responsibilities under the Fund: i. to receive transfers of property to the Fund; ii. to invest and reinvest the Trust Fund in accordance with your directions; iii. to hold the assets forming the Trust Fund in safekeeping; Form 326 (Rev. 09/18) ATB Wealth consists of a range of financial services provided by ATB Financial and certain of its subsidiaries. Page 1 of 3 ATB Investment Management Inc., ATB Securities Inc., and ATB Insurance Advisors Inc. are individually licensed users of the registered trade name ATB Wealth. ATB Securities Inc. is a member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada Form 326 (Rev. 05/07) TM ATB Securities Inc. is a trademark of Alberta Treasury Branches. ATB Securities Inc. (ATBSI) s a licensed user of the trademark. Page 3 of 3

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