SETTLEMENT AGREEMENTSettlement Agreement • June 14th, 2021 • Ontario
Contract Type FiledJune 14th, 2021 JurisdictionThis settlement agreement (this “Agreement”) is made as of June 14, 2021 between SIR Royalty Income Fund (the “Fund”), a trust established under the laws of the Province of Ontario, SIR Corp. (“SIR Corp.”), a corporation existing under the laws of the Province of Ontario, Lembit Janes (“LJ”), an individual resident in the Province of Ontario, Karen Janes (“KJ”), an individual resident in the Province of Ontario, Janes Acquisition Corp. (“Janes Acquireco”) and ZDS Trust (“ZDS”, and LJ, KJ, Janes Acquireco and ZDS are collectively referred to herein as the “Janes Holders”).