BFI II

BFI II was incorporated on September 24, 2020 under the Business Corporations Act (Ontario) and is a direct \(100\%\) owned subsidiary of the Company. BFI II has no significant assets or liabilities, no subsidiaries and no ongoing business operations of its own, other than the issuance of the BFI II Debt Securities and the investments it makes with the net proceeds of such BFI II Debt Securities. BFI II has issued approximately C$1 billion of unsecured senior debt securities (the "Existing BFI II Debt Securities") as of the date hereof. The Existing BFI II Debt Securities are fully and unconditionally guaranteed by the Company.

The AUS Issuer

The AUS Issuer has no significant assets or liabilities, no subsidiaries and no ongoing business operations of its own.