Ace Enterprises Inc. was incorporated in the Cayman Islands in $2001.$ Although the business operations are global, with revenue derived from sources around the world, the board of directors are all Canadian residents, living in Winnipeg, Manitoba.

The board meets throughout the year, sometimes in its Cayman Island offices, but most meetings are held and decisions made in Winnipeg. Ace Enterprises Inc.$$s resident status for the current year is a:

Non$-$resident

Resident $($deemed resident$)$

Resident $($pursuant to common$-$law tests$)$

Part$-$time resident