GOVERNANCE

QV has a Chief Compliance Officer and has employed the services of a compliance consulting firm to ensure that QV has maintained a strong compliance regime. QV employees are required to take part in compliance training and comply with our internal policies and procedures. QV has adopted the "Standards of Practice" based on the CFA Institute Code of Ethics and Standards of Professional Conduct.

QV has also attempted to take a leadership role in ensuring that our personal interests are aligned with our clients. In doing so, all QV employees and their household family members are required to hold their investable assets in QV's Pooled Funds.

QV is incorporated under the Canadian Business Corporations Act and is registered with provincial securities commissions.

QV's service providers are as follows:

Provider

Service

ACA Compliance Group Performance Verification
Ashland Partners Cybersecurity Testing & Training
KPMG LLP Auditor - Corporate & Pooled Funds
Borden Ladner Gervais LLP Legal Counsel
Bank of Montreal Banker
Final Frontiers Systems Corp Information Technology
RBC Investor & Treasury Services Pooled Fund Trustee
Provincial Registrations British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, Newfoundland, New Brunswick, Yukon Territory