Dual Occupation Disclosure

As a Carte Wealth Management Inc., Representative, I am engaged in various business activities including being a Registered Mutual Funds Salesperson, a Licensed Life Insurance Advisor, a Tax Preparer, and a Director/Owner and represent separate companies for each purpose. As such, you may be dealing with more than one company depending on the products purchased, or services rendered. Remuneration also varies with the products purchased, or services rendered. I will be representing Carte Wealth Management Inc. for the sale of mutual fund products and will provide you with the name of the entity that I represent while conducting business as a Licensed Life Insurance Advisor, a Tax Preparer and a Director/Owner. The sale of life insurance products & services, the business as a Tax Preparer and activity of my Director/Ownership are not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.

I, Alejandro Arango, am a registered mutual fund salesperson represented by Carte Wealth Management Inc.

1. I am also an independent licensed life insurance advisor under contract with Carte Financial Services Inc., Qualified Financial Services and Carte Risk Management, and the Gryphin Advantage Inc., insurance managing general agencies through which I place life insurance business. Any activity relating to my occupation as a licensed life insurance advisor is not the business of, or under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.

2. I also prepare taxes through Carte Tax Centre Inc. Any activity relating to the tax services that I provide is not the business of, or under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.

3. I am also the Director/Owner of 10788082 Canada Inc., an entity through which I place my life insurance business and an entity to which my life insurance and mutual fund commissions are paid. Any activity relating to my occupation as a licensed Life Insurance Advisor is not the business of, or under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.

I, Alejandro Arango, wish this distinction to be clear, and if you are not sure of the difference, let us discuss it, or I can suggest sources from which you can obtain the necessary explanation. Our self-regulatory organization, The Mutual Fund Dealers Association of Canada (“MFDA”), has rules which state that the distinction between these Dual Occupations must be clear and that you understand the difference for the purposes of this transaction.