UNDERWRITING AGREEMENTUnderwriting Agreement • January 6th, 2025 • Ontario
Contract Type FiledJanuary 6th, 2025 JurisdictionBMO Nesbitt Burns Inc. (“BMO”), RBC Dominion Securities Inc. (“RBC”) and Scotia Capital Inc. (“Scotia”, and together with BMO and RBC, the “Joint Bookrunners”), TD Securities Inc., CIBC World Markets Inc., National Bank Financial Inc., Desjardins Securities Inc., and Raymond James Ltd. (collectively, the “Underwriters”, and each individually an “Underwriter”) understand that Wajax Corporation (the “Corporation”) intends to issue and sell to the Underwriters, $50,000,000 aggregate principal amount of 6.00% listed senior unsecured debentures due January 15, 2025 of the Corporation (the “Initial Debentures”) at a price equal to $1,000 per $1,000 principal amount (the “Offering Price”) less the Commission set out in Section 9(a) hereof, on and subject to the terms and conditions set forth herein.