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apprved appraisers BRITISH COLUMBIA - RESIDENTIAL ABBOTSFORD ARC Appraisals 604.853.4887 Best Hme Appraisals 604.618.5028 Neimi Laprte & Dwle Appraisals 604.438.1628 Richardsn Appraisals 604.852.6755 Urban Valley Appraisals 1-888-852-8087 CAMPBELL RIVER Cunningham & Rivard 250.287.9595 CHILLIWACK Bakerview Realty Appraisals 604.793.0136 Best Hme Appraisals 604.618.5028 Lawrensn Walker Realty Advisrs (Res + Cnstructin) 604.535.1494 Neimi Laprte & Dwle Appraisals 604.438.1628 Frtin Appraisals Ltd. 604.858.7124 Fraser Valley Appraisals Ltd. 604.792.2133 Urban Valley Appraisals 1-888-852-8087 COQUITLAM Intercity Appraisals Ltd. 604.944.3282 Leemre & Assciates 604.671.4535 Neimi Laprte & Dwle Appraisals 604.438.1628 COURTENAY / COMOX Bates Appraisals 250.881.0611 Precisin Appraisal Grup 250.897.5046 CRANBROOK Rcky Muntain Appraisals 250.489.4413 DUNCAN Lawrensn Walker Realty Advisrs 250.384.1494 KAMLOOPS Frilan Appraisals LLP (Res + Cnstructin) 250.374.9941 Flynn Mirtle Mran 250.374.7731 KELOWNA A-1 Appraisals Ltd. 250.861.8440 Aedis Okanagan 250.448.1896 Okanagan Appraisals (Res + Cnstructin) 250.763.0346 MISSION Lawrensn Walker Realty Advisrs 604.535.1494 NANAIMO Cunningham & Rivard 250.753.3428 Central Island Appraisals - Grdn Leversidge 250.619.1155 Isle West Appraisals (Res + Cnstructin) 250.756.1779 Vancuver Island Appraisals Ltd. 250.753.4022 NELSON G.W. Marken Appraisal Assciates 250.354-4600 PENTICTON Inland Appraisals Ltd. 250.493.6734 Nrth Cuntry Appraisals 250.492.5151 Suth Okanagan Appraisals 250.492.5833 PORT ALBERNI PCAG Prperty Advisrs (Gary Ducette) 250.723.5099 PRINCE GEORGE C H Gdfrey Appraisals Ltd. 250.563.1208 QUESNEL C H Gdfrey Appraisals Ltd. 250.563.1208 REVELSTOKE Crrie Appraisals 250.832.3709 SQUAMISH Gateway Appraisals 604.677.1188 Neimi Laprte & Dwle Appraisals 604.438.1628 Waltn Appraisers Ltd. 604.892.2311 SUNSHINE COAST Gateway Appraisals 604.677.1188 Sunshine Cast Appraisals 604.885.0585 SURREY Bakerview Realty Appriasals 604.542.9222 Best Hme Appraisals 604.618.5028 Hker Craig Lum Grup 778.571.2321 Lawrensn Walker Realty Advisrs 604.535.1494 Neimi Laprte & Dwle Appraisals 604.438.1628 VANCOUVER Aedis Vancuver 604-682-7585 Best Hme Appraisals 604.618.5028 Campbell & Pund 604.270.8885 Cunningham & Rivard Appraisals 604.985.8761 Gateway Appraisals (Nrth Vancuver) 604.677.1188 Jhnsn Rss & Cheng Ltd. 604.270.7717 Lawrensn Walker Realty Advisrs (Res + Cnstructin) 604.535.1494 MacIntsh Appraisals Ltd. 604.522.3900 Neimi Laprte & Dwle Appraisals 604.438.1628 VERNON L.E. Rivard & Assciates 250.545.3278 Okanagan Nrth Appraisals 250.542.2669 Schenne & Assciates 250.542.2222 VICTORIA Baker Osland 250.475.2221 D.R. Cell & Assciates (Res + Cnstructin) 250.388.6242 Neimi Laprte & Dwle Appraisals 604.438.1628 Thibault & Cmpany (Res + Cnstructin) 250.361.2029 Lawrensn Walker Realty Advisrs 250.384.1494 WHISTLER Neimi Laprte & Dwle Appraisals 604.438.1628 Waltn Appraisals 877-898-2699 Subject t change withut ntice.

apprved appraisers BRITISH COLUMBIA - COMMERCIAL VANCOUVER Altus 604.683.5591 Bramwell & Assciates Realty Advisrs 604.608.6161 Burgess Cawley 604.689.1233 Cushman Wakefield 604.683.3111 Garnett Wilsn Realty Advisrs 604.637.7942 Hker Craig Lum Grup 778.571.2321 Internatinal Htel Appraisers 866.382.6242 Niemi La Prt Dwle 604.438.1628 VICTORIA Cunningham & Rivard Appraisals 250.381.4455 D.R. Cell & Assciates 250.388.6242 Internatinal Htel Appraisers 866.382.6242 Thibault & Cmpany (Cnstructin) 250.361.2029 Phung Hrwd 250.590.8040 BRITISH COLUMBIA - ENVIRONMENTAL ENGINEERS VANCOUVER D. Kelly Envirnmental 604.266.6516 Leveltn 604.278.1411 VICTORIA Leveltn 250.475.1000 Wittich Envirnmental 250.642.4859 ALBERTA - RESIDENTIAL CALGARY Atkinsn & Assciates 403.212.1103 Cde Real Estate Appraisers Ltd. (Res + Cnstr.) 403.607.7354 Eaglesn, H & Assciates 403.650.2223 Avisn & Yung 403.228.4001 Sage Appraisals (Res + Cnstructin) 403.282.3322 Price Aspinall Appraisals 403.283.0197 CAMROSE Accrd Appraisal C. 780.679.0303 Altari Appraisal C. Ltd. 780.672.1028 CANMORE Gateway Appraisal Ltd. 403.678.4865 EDMONTON Cwan & Assciates Appraisals 780.421.7500 D.G. Schultz & Assciates 780.466.5445 Ergil Bains & Assciates 780.486.5377 Frst & Assciates 780.462.1782 HarrisnBwker Real Estate Appraisals (Res + Cnstr.) 780.458.3814 Knight & Cmpany Appraisals 780.486.9545 Jacksn Real Estate Appraisals 780.442.6637 Wall & Assciates 780.434.6262 EDSON / HINTON/ GRANDE CACHE Slavik McCartney Appraisals Inc. 780. 865.7371 FORT MCMURRAY Chalifur Denis & Assciates 780.743.1331 GRANDE PRAIRIE Baldwin Appraisals 780.539.6560 Biegel & Perra Appraisals 780.814.6123 Pmery Valuatin Grup 780.532.1200 LETHBRIDGE Lethbridge Prperty Appraisal Ltd. 403.329.9000 Reliance Appraisal Cnsultants Ltd. 403.328.9351 MEDICINE HAT City Appraisal Cnsultants 403.529.6200 Classic Appraisal Cnsultants 403.529.2127 OLDS Kate Rung & Assciates 403.556.8758 RED DEER M.R. Sderquist Appraisals Ltd. 403.346.5533 Parkland Valuatins Inc. 403.350.9421 Waters Mackie Valuatins Inc. 403.887.8743 ALBERTA - COMMERCIAL CALGARY Altus 403.508.7770 Internatinal Htel Appraisers 866.382.6242 Sage Appraisals (frmerly Macdnald Cpeland) 403.282.3322 Wernick Omura 403.291.4115 EDMONTON Altus 780.424.4244 Cwan & Assciates Appraisals 780.421.7500 Dwney Sande Real Estate Appraisers 780.437.3091 Impact Prperty Advisrs 780.432.0616 HarrisnBwker Real Estate Appraisals 780.458.3814 Subject t change withut ntice.

apprved appraisers ALBERTA - ENVIRONMENTAL ENGINEERS CALGARY Leveltn 403.247.1813 Try Envirnmental Cnsulting 403.282.2178 EDMONTON Leveltn 780.438.0844 EBA (Phase 2 reprts) 780.451.2121 Venture Engineering (Phase 1 reprts) 780.484.1974 Paladin Envirnmental Cnsulting Services Ltd. 780.922.0072 SASKATCHEWAN - RESIDENTIAL LLOYDMINSTER M.I.T. Appraisals Ltd. 780.875.3500 REGINA Crwn Appraisals 306.359.3111 Fx Appraisals & Real Estate Cnsultants 306.545.5200 SASKATOON Dream Hme Appraisal Cmpany Ltd. 306.934.4455 Brunsdn Lawrek & Assciates 306.244.5900 SWIFT CURRENT Warkentin Appraisal Services 306.778.3231 MANITOBA - RESIDENTIAL WINNIPEG Rixn Appraisal Services 204.888.5566 Kemp Appraisal Ltd. 204.415.8584 BRANDON Rland Weir Appraisal Assciates 204.727.7100 ONTARIO - COMMERCIAL GENERAL CONTACT - PROVINCE WIDE Avisn Yung 905.968.8053 Subject t change withut ntice.

apprved appraisers ONTARIO - RESIDENTIAL AJAX Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Crss-twn Appraisal Ltd 416.652.3456 Everest Appraisals 905.686.3172 Hme Value Inc. 416.871.9224 Premier Appraisal Services 905.619.9523 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 AURORA / NEWMARKET Appraisal Prfessinals Inc. 416.720.8719 Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Danfrd Appraisals 705.734.2895 Hme Value Inc. 416.871.9224 PVCI Inc. 905.503.1939 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 BARRIE & ORILLIA Allan Ry 705.352.3552 Appraisers Canada Inc. 705.726.4651 Barbara C. Hughes Appraisal Services Ltd. 705.436.4192 Cnslidated Appraisal Services 705.739.1560 Danfrd Appraisals 705.734.2895 Dennis Murphy Appraiser 705.737.5100 BELLEVILLE & NORTHUMBERLAND COUNTY & PRINCE EDWARD COUNTY Baayen & Assciates 705.745.7777 BRAMPTON Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Crss-twn Appraisal Ltd 416.652.3456 Hendren Appraisals 905.450.3307 Hme Value Inc. 416.871.9224 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 BRANTFORD Brant Residential Appraisals 519.753.6231 BURLINGTON Hme Value Inc. 416.871.9224 Walker & Walker Appraisals 905.639.0235 Schinkel Real Estate & Appraisals 905.387.0100 COLLINGWOOD, WASAGA BEACH, & BLUE MOUNTAIN Danfrd Appraisals 705.734.2895 HAMILTON Schinkel Real Estate & Appraisals 905.387.0100 INNISFIL Danfrd Appraisals 705.734.2895 Warnica Appraisals Inc. 705.739.0240 KINGSTON M. W. Ctman & Assciates Inc. 613.634.2223 S. Rayner & Assciates Ltd. 613.384.8921 KITCHENER City Management and Appraisals Ltd. 519.578.3300 M. Machel & Assciates Ltd. 519.578.5444 Muss Appraisals & Cnsulting Inc. 519.741.8700 Real Estate Appraisal & Cnsulting 519.725.0244 LONDON Metrix Suthwest Inc 519.672.7550 Ott & Cmpany 519.964.4663 R.J. Lyns Real Estate Appraisal Services 519.672.0485 Valc Cnsultants Inc. 519.677.9050 OAKVILLE Accredited Appraisals & Realty Services 416.729.4395 Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Bastien Appraisal Services Inc. 905.845.3300 Crss-twn Appraisal Ltd 416.652.3456 Hme Value Inc. 416.871.9224 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 OTTAWA Affiliated Prperty Grup 613.728.3991 Carty Gwilym Appraisal Services 613.724.6020 Independent Appraisal Crp. 613.564.8282 Nrth Bradft Gribbn Inc. 613.727.2677 Pigen-Ry Real Estate Advisry Grup Ltd. 613.739.7714 van Walraven Appraisals Inc. 613.226.1590 PETERBOROUGH & KAWATHA LAKES Baayen & Assciates 705.745.7777 PICKERING Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Crss-twn Appraisal Ltd 416.652.3456 Hme Value Inc. 416.871.9224 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 Zrn Appraisal Services Ltd. 905.831.6780 ST. CATHERINES / NIAGARA FALLS Ridley & Assciates Appraisal Services Ltd. 905.685.8827 STRATFORD Kahle Appraisers and Cnsultants 519.273.5707 TORONTO All Realty Cnsultants (Res + Cnstructin) 416.630.5800 Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Crss-twn Appraisal Ltd 416.652.3456 Hme Value Inc. 416.871.9224 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 TM Appraisers Inc. 416.324.2939 VAUGHN Appraisal 2000 Realty Grup 416.749.0008 Avisn Yung 905.968.8053 Bnafide Appraisals Inc 416.930.6539 Crss-twn Appraisal Ltd 416.652.3456 Danfrd Appraisals 705.734.2895 Hme Value Inc. 416.871.9224 RECG - The Real Estate Cnsulting Grup f Canada Ltd. 416.322.7888 Subject t change withut ntice.

apprved appraisers RESIDENTIAL APPRAISAL REQUIREMENTS Appraisals t be rdered by Fisgard r by brker and paid fr by applicant Appraisals t include: Clur Phtgraphs f the subject prperty (frnt, rear, and street view plus interir pht f every rm) Must reference current ptential ecnmic rent(s) f the subject prperty if tenanted Histric data and/r sales f the subject prperty, including any knwn envirnmental issues Current market trend fr the subject prperty Estimated marketing time fr the subject prperty shuld the prperty be listed tday based n appraised value, market cnditins, supply, and demand Zning f the subject prperty: Des it cnfrm? Fr prperties ver 5 acres in size: in additin t the full value, please prvide the value based n the primary structure and five acres nly. Overall cnditin (ratings) f the subject prperty Fundatin (type, cnditin) f the subject prperty Current sales cmparisn f similar prperties (adjustment %) Similar square ftage, age f cnstructin, amenities, upgrades and cnditin Lcatin including distance t the subject prperty Likeness Marketing time (hw lng they were n the market) fr the cmparable prperties listed Clur phtgraphs f the cmparable prperties listed Map shwing the lcatins f the subject prperty and the cmparable prperties listed Extrardinary assumptins must be clearly defined s they are easy t read and understand Any negative pints that need t be addressed must be clearly pinted ut Appraisals must be perfrmed by appraisers with a CRA r AACI designatin and send directly t Fisgard frm the Appraiser Appraisal reprts by an inspectr with Candidate status must signed by an AIC registered c-signer. Appraisals perfrmed by appraisers with a CNAREA designatin will nt be accepted by Fisgard Subject t change withut ntice. Fr mre infrmatin cntact: Telephne: 866.382.9255 Fax: 250.384.1498 Email: NewDeal@fisgard.cm Fr mre infrmatin, yu can visit ur website at www.fisgardmrtgage.cm

apprved appraisers COMMERCIAL APPRAISAL REQUIREMENTS Appraisals t be rdered by Fisgard r by brker and paid fr by applicant Appraisals t include: Clur Phtgraphs f the subject prperty (frnt, rear, and street view plus interir pht f every rm) Building sketch and flr map f prperty, if available Histric data and/r sales f the subject prperty, including any knwn envirnmental issues Current market trend fr the subject prperty Estimated marketing time fr the subject prperty shuld the prperty be listed tday based n appraised value, market cnditins, supply, and demand Zning f the subject prperty: Des it cnfrm? Highest and best use (as vacant and imprved) Overall cnditin (ratings) f the subject prperty Remaining ecnmic life Fundatin (type, cnditin) f the subject prperty Incme Apprach and Direct Cmparisn Apprach are required Incme Apprach: Cmment n current rents fr subject and cmpare t market rents Prvide rent rll (if available) Cap rate used must be defined Obtain expenses frm the wner fr perating csts Nte if lease is grss r net Per Square Ft (PSF) amunt used t btain the base rent amunt Direct Cmparisn Apprach Current sales cmparisns f similar prperties Similar square ftage, age f cnstructin, amenities, upgrades and cnditin Likeness Marketing time (hw lng were they n the market?) Clur phtgraphs Map shwing the lcatins f the subject prperty and the cmparable prperties listed Extrardinary assumptins must be clearly defined s they are easy t read and understand Any negative pints that need t be addressed must be clearly pinted ut A current cpy f the title f the subject prperty including the appraiser s review f the title and cmments regarding any restrictive cvenants n title Appraisals must be perfrmed by appraisers with an AACI designatin and sent directly t Fisgard Capital frm the Appraiser Appraisal reprts by an inspectr with Candidate status must signed by an AIC registered c-signer. Appraisals perfrmed by appraisers with a CNAREA designatin will nt be accepted by Fisgard. Issued 21-Dec-2017 Subject t change withut ntice. Fr mre infrmatin cntact: Telephne: 866.382.9255 Fax: 250.384.1498 Email: NewDeal@fisgard.cm Fr mre infrmatin, yu can visit ur website at www.fisgardmrtgage.cm