Investors

Topaz's dividend policy undergoes a quarterly review by the Board of Directors and is subject to change at any time depending upon the earnings of the Company, its financial requirements and other factors existing at the time.

Topaz's history on dividend payments is as follows:

March 31, 2020: $0.20

June 30, 2020: $0.20

September 30, 2020: $0.20

December 31, 2020: $0.20

March 31, 2021: $0.20

June 30, 2021: $0.20

September 30, 2021: $0.21

December 31, 2021: $0.24

March 31, 2022: $0.26

June 30, 2022: $0.26

September 30, 2022: $0.28

Dividend Tax Information

This summary is of a general nature only and is not intended to be nor should it be construed to be legal or tax advice to any particular shareholder. Shareholders are encouraged to consult their own tax advisors regarding the tax consequences and reporting obligations to them of receiving cash dividends.

Canadian Resident Individual Shareholders

Unless otherwise indicated, dividends paid by Topaz will be designated as “eligible dividends” for Canadian income tax purposes. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend credit.