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RSP Declaration of Trust 325

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ATB Securities Inc. Self-Directed Retirement Savings Plan 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 Savings Plan. "Application" means your application for the Plan. 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 Savings Plan (the "Plan"), upon the following terms and conditions: 1. Registration: We will apply for registration of the Plan under the provisions of the Income Tax Act (Canada) (the "Act") and any applicable provincial income tax legislation relating to retirement savings plans (the Act and such provincial income tax legislation hereinafter collectively referred to as "Applicable Tax Legislation"). 2. Contributions: Only payments of cash and other transfers of property acceptable to us made by you or your spouse shall be accepted for the Plan, the same 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 Plan will not be limited to investments authorized by law governing the investment of property held in trust other than the investment rules imposed by the Applicable Tax Legislation for registered retirement savings plans. 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 may determine in our sole discretion. 4. Management and Ownership: We may hold any investment in our 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 Plan, 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 contributions made to the Plan and all investment transactions made at your direction in respect of the Plan. We shall forward to you, in respect of each year, statements for the Plan showing all contributions 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 Plan) 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 Plan: i. to receive you or your spouse's contributions under the Plan and any transfers of property to the Plan; ii. to invest and reinvest the Trust Fund in accordance with your directions; iii. to hold the assets forming the Trust Fund in safekeeping; iv. to collect all interest, dividends, and other income relating to the assets of the Trust Fund; v. to maintain the accounting records of the Plan; vi. to provide you with statements of account; vii. to make payments out of the Plan pursuant to the provisions hereof; and viii. such other of our duties and responsibilities under the Plan as we may determine from time to time. You also authorize us to pay our Agent all or a portion of the fees paid by you to us hereunder and may reimburse our Agent for its out-of-pocket expenses incurred in performing the duties and responsibilities delegated to it by us and charge your account therefor. You acknowledge that our Agent may earn brokerage commissions on investment and reinvestment transactions Form 325 (Rev. 09/18) ATB Wealth consists of a range of financial services provided by ATB Financial and certain of its subsidiaries. Page 1 of 4 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 325 (Rev. 08/12) TM ATB Investor Services is a trademark of Alberta Treasury Branches. ATB Securities Inc. (ATBSI) s a licensed user of the trademark. Page 1 of 3

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