Board of Directors

Galen G. Weston, B.A., M.B.A.

Mr. Galen G. Weston is the Corporation’s Chairman and Chief Executive Officer. He is also the Executive Chairman of Loblaw Companies Limited. He previously held several senior executive positions with Loblaw Companies Limited and its subsidiaries, including as President. Prior to joining Loblaw Companies Limited, he was an investment banking analyst for Salomon Brothers in the U.K.

Mr. Weston graduated from Harvard University with a B.A. and from Columbia University with an M.B.A.

Mr. Weston is Chairman and director of President’s Choice Bank and a director of Wittington Investments, Limited. He is also a director of Selfridges Group Limited and President of the W. Garfield Weston Foundation. Mr. Weston is the Chairman of Choice Properties Real Estate Investment Trust, a Weston subsidiary.

Paviter S. Binning ^{2, 4*}

Mr. Binning is the President and a director of Wittington Investments, Limited. Mr. Binning is the former President and Chief Executive Officer of George Weston Limited and prior to this was the Chief Financial Officer of George Weston. Prior to holding these positions, Mr. Binning was the Chief Financial Officer and Chief Restructuring Officer of Nortel Networks Corporation, Chief Financial Officer of Hanson plc and the Chief Financial Officer of Marconi Corporation plc. Mr. Binning is a director of Loblaw Companies Limited.

Mr. Binning is a Fellow of the Chartered Institute of Management Accountants (U.K.)

Andrew A. Ferrier^{1, 2*}

Mr. Ferrier serves as the Executive Chairman of Canz Capital Limited (“Canz”), a private investment company located in New Zealand. Prior to founding Canz, Mr. Ferrier was the Chief Executive Officer of Fonterra Co-operative Group Limited, a New Zealand-based international dairy company, from 2003 to 2011. He was previously President and Chief Executive Officer and a director of GSW Inc., a Canadian consumer durable goods manufacturer, prior to which he held senior corporate roles in the sugar industry in Canada and internationally.

Mr. Ferrier graduated from the University of New Brunswick with a B.B.A. and from Concordia University with an M.B.A.

In addition to serving as director of Bunge Limited, Mr. Ferrier also serves as Board Chair of New Zealand Trade and Enterprise and as council member of the University of Auckland. He is the former Chairman of the Business New Zealand Major Companies Group CEO Forum.

Nancy H.O. Lockhart, O. Ont.,^{3, 4}

Ms. Lockhart, a corporate director, is the former Chief Administrative Officer of Frum Development Group and a former Vice President of Shoppers Drug Mart Corporation.

In addition to serving as a director of Choice Properties Real Estate Investment Trust and Atrium Mortgage Investment Corporation, Ms. Lockhart is also adirector of The Royal Conservatory of Music and a member of the Sotheby’s Canada Advisory Board. Ms. Lockhart is also Chair Emeritus of the Crow’s Theatre Company. She is a former Chair of the Ontario Science Centre, former President of the Canadian Club of Toronto and a former Chair of the Canadian Film Centre. Ms. Lockhart is also a former director of the Canada Deposit Insurance Corporation, the Centre for Addiction and Mental Health Foundation and the Loran Scholars Foundation.

Ms. Lockhart has an Institute of Corporate Directors ICD.D certification.

Sarabjit (Sabi) S. Marwah ^{1, 3}

Mr. Marwah is a Senator with the Senate of Canada. He is the former Vice-Chairman and Chief Operating Officer of The Bank of Nova Scotia.

Mr. Marwah has an M.B.A. from the University of California, Los Angeles. He obtained an undergraduate degree in Economics (Honours) from the University of Calcutta and a Masters degree in Economics from the University of Delhi.

In addition to serving as a director of Cineplex Inc., Mr. Marwah served as the past Chair and trustee of the Hospital for Sick Children. He was past Chair of the Humber River Regional Hospital and a past member of the boards of directors of the C.D. Howe Institute and the Toronto International Film Festival.

Gordon M. Nixon, C.M., O.Ont.³

Mr. Nixon is the Chair of BCE Inc. and the former President and Chief Executive Officer of Royal Bank of Canada, a position he held from August 2001 to August 2014. Mr. Nixon first joined RBC Dominion Securities Inc. in 1979, where he held a number of operating positions, one of which was as Chief Executive Officer.

Mr. Nixon earned a Bachelor of Commerce (Honours) degree from Queen’s University and holds Honorary Doctorates of Laws from Queen’s University and Dalhousie University. He is a Member of the Order of Canada and the Order of Ontario.

In addition to serving as a director of BCE Inc. and BlackRock, Inc., Mr. Nixon sits on the Advisory Board of KingSett Canadian Real Estate Income Fund, L.P., is a director of MaRS Discovery District and is a trustee of the Art Gallery of Ontario.

J. Robert S. Prichard, O.C., O.Ont., LL.B., M.B.A., LL.M., LL.D.^{3*, 4}

Mr. Prichard is the non-executive Chair of Torys LLP. He is a former Chair of Bank of Montreal and Chair of the board of directors of Metrolinx, the regional transportation agency for the Greater Toronto and Hamilton Area, as well as a past President and CEO of Metrolinx. Mr. Prichard is a past President and Chief Executive Officer and a former director of Torstar Corporation and President Emeritus of the University of Toronto.

Mr. Prichard graduated from the University of Chicago with an M.B.A., from the University of Toronto with an LL.B., and from Yale Law School with an LL.M. He is an Officer of the Order of Canada, a Member of the Order of Ontario, a Fellow of the Institute of Corporate Directors and a Fellow of the Royal Society of Canada.

In addition to serving as a director of Alamos Gold Inc. and Onex Corporation, Mr. Prichard is also the Chair and a trustee of the Hospital for Sick Children.

Robert Sawyer ¹

Mr. Sawyer, a corporate director, is the former President and Chief Executive Officer of Rona Inc. Prior to this role, Mr. Sawyer held various senior executive roles with Metro Inc., including Executive Vice President and Chief Operating Officer.

Mr. Sawyer also sits on the board of Walter Group, a private investment company, Oatbox, a private company and Mira Foundation, a non-profit organization. He was formerly on the board of Accueil Bonneau and is the former President of the annual fundraiser of La Maison du Père and the food bank, Moisson Montreal.

Christi Strauss ^{1, 2}

Ms. Strauss, a corporate director, is the former President and Chief Executive Officer of Cereal Partners Worldwide, a General Mills joint venture with Nestlé, a position she held from 2006 to 2012. Ms. Strauss joined General Mills in 1986 where she held various executive positions including the President of General Mills Canada from 1996 to 2006.

Ms. Strauss obtained a Master of Business Administration from the Tuck School of Business at Dartmouth and a Bachelor of Arts in Economics from Dartmouth College.

Ms. Strauss sits on the boards of Social Venture Partners Minnesota and Health Partners International. Ms. Strauss is a past Chair of Advertising Standards Canada and Canadian Food Information Council. She is a former board member of The Stratford Festival and Food and Consumer Products of Canada.

Barbara Stymiest ^{1*, 3}

Ms. Stymiest, a corporate director, is a former member of the Group Executive of Royal Bank of Canada responsible for the overall performance of the bank. Ms. Stymiest is a former Chief Executive Officer of TMX Group Inc., Executive Vice-President and Chief Financial Officer at BMO Capital Markets and Partner of Ernst & Young LLP.

Ms. Stymiest obtained her H.B.A. from Richard Ivey School of Business, University of Western Ontario. She is a Fellow Chartered Accountant and a Fellow Chartered Professional Accountant.

In addition to serving as a director of BlackBerry Limited and Sun Life Financial Inc., Ms. Stymiest is also a director of President’s Choice Bank, the Canadian Institute for Advanced Research and the Advisory Council for the Ivey Institute of Leadership. She is also Vice Chair of the University Health Network.