The corporation registered under number 448093-7, bearing the name BRAD BIRKS INVESTMENTS INC. (INVESTISSEMENTS BRAD BIRKS INC.) has been constituted in 2008 according to the Canada Business Corporations Act. Hereinafter, you have a statement of information regarding this corporation, issued by Corporations Canada. _______________________________________________________ Status Active Governing Legislation Canada Business Corporations Act - 2008-06-17 Registered Office Address 4854 WESTMOUNT AVENUE MONTREAL QC H3Y 1Y1 Canada Directors Minimum 1 Maximum 10 BRADLEY BIRKS 4854 WESTMOUNT AVENUE MONTREAL QC H3Y 1Y1 Canada Annual Filings Anniversary Date (MM-DD) 06-17 Date of Last Annual Meeting 27-10- 2019 Annual Filing Period (MM-DD) 06-17 to 08-16 Type of Corporation Non-distributing corporation with 50 or fewer shareholders Status of Annual Filings 2018 - Filed 2017 - Filed 2016 - Filed Certificates and Filings Certificate of Incorporation 2008-06-17 _______________________________________________________ According to this information, answer to the following questions: 1. The shareholders of the company BRAD BIRKS INVESTMENTS INC. adopted on December 30th, 2017, at a special meeting, by a majority of votes, a resolution authorizing the director to sign the articles of amalgamation with the company DHL EXPRESS (CANADA), INC. Does this document comply with the legal requirements? Explain the reasons of your answers-minimum 2 sentences. - 10 points _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 2. The director of the company is also the sole shareholder of the company. He decided to move the head-office of the company in Calgary, Alberta. Indicate which is the procedure that must be followed in order to comply with the legal requirements applicable. -10 points _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 3. Starting with 10 august 2020, the board of directors of the company will be composed by 3 directors. Indicate if, in this situation, the articles of incorporation of the company must be modified and explain the reasons of your answer (minimum 2 sentences). 10 points __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 4. The board of directors of the company BRAD BIRKS INVESTMENTS INC. (INVESTISSEMENTS BRAD BIRKS INC.) decided to call the annual meeting of the shareholders. You are the secretary of the company and the president of the company asked you to prepare and send to the shareholders having the right to assist, the notice of calling at this meeting. Indicate which is the last date when this meeting can be held. Explain the reasons of your answer (minimum 2 sentences). 5 points _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ _____________________________________________________________________________________________________________________________________________________________________ SUBJECT 2- TRUE or FALSE: 15 points a) An individual who operate a tanning salon in Qubec under a name that includes his surname and given name is obliged to register with the Enterprises Register. b) The company 12345678 Canada Inc., constituted in Toronto under CBCA and having a branch located in Montreal, is obliged to register with the Enterprises Register. c) The registration declaration of a provincial company must contain information regarding the existence of a unanimous shareholders agreement. d) The registration declaration of a limited partnership must contain only the name of the three greatest contributors to the partnership among the general partners; e) The company must submit to the Enterprises register an annual updated declaration only if the articles of constitution of the company are modified. SUBJECT 3: 15 points Mrs. Viviane CHIARA was elected, by the shareholders entitled to vote, as director of the corporation "The green renovations Inc''., a company incorporated under the provincial law- BCA. This company was registered in the Enterprises Register on January 20th, 2012. Following the examination of the research report obtained from the Enterprises Register, Mrs. CHIARA noticed that two annual update declarations are missing, namely the declaration for the year 2013 and the declaration for the year 2015. Mrs. Chiara wants to know if, in this situation, the Enterprises Registrar can decide the cancellation of the registration of company. Explain the reasons of your answer (minimum 2 sentences). ___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ SUBJECT 4: Explain (5 sentences minimum) to the shareholders of the corporation JANIQ INC., constituted under C.B.C.A, what is a Division I proposal and which are its advantages. 10 points ___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ SUBJECT 5 - 25 points The share-capital of the company ABC Inc. contains the following classes of shares: 1- Common Shares An unlimited number of common shares subject to the following rights, privileges, conditions and restrictions. A- Right to vote Holders of common shares shall be entitled to be called and to vote at all shareholder's meetings, each ordinary share conferring one (1) vote. B- Participation Subject to the rights and privileges attached to other classes of shares, holders of common shares shall have the right to participate in the company's assets, profits and assets and to receive the remaining property in case of liquidation or dissolution of the company. C- Restriction The company will not be able to pay any dividend on the common shares. 2- Class "A ''- Preferred Shares An unlimited number of class A preferred shares, subject to the following rights, privileges, conditions and restrictions. A- Dividend Holders of Class "A" preferred shares will be entitled to receive, by priority on class ''C', preferred shares, but after the preferred shares of class "B" of the company, an annual dividend of four percent (4%) calculated on the funds applicable to the payment of dividends, when the dividends are declared by the corporation. B- Participation In the case of distribution of the company's assets, as a result of its dissolution, of its voluntary or forced liquidation, or otherwise, the holders of shares Class "A" preferred shares shall be entitled to the payment of the remaining property of the company, by priority the class "B", class ''C'' preferred shares and the common shares of the company. C- Right to vote The holders of class "A" preferred shares shall not have the right to vote at the meetings of shareholders of the company, nor any right to receive notices of convening or attending such meetings, all subject to the provisions of the Canada Business Corporations Act. 3- Class "B" Preferred shares An unlimited number of class "B" preferred Shares, subject to the following rights, privileges, conditions and restrictions. A- Dividend Holders of Class "B" preferred shares will be entitled to receive, by priority of the company's class "A" and class ''C'' preferred shares, from the funds applicable to the payment of dividends, when declared and as declared, an annual dividend of 2% calculated on the funds applicable to the payment of dividends. B- Participation In the case of distribution of the company's assets, as a result of its dissolution, of its voluntary or forced liquidation, or otherwise, the holders of shares Class "B" preferred shares shall be entitled, by priority on class ''C'' preferred shares and common shares , but after the class "A" preferred shares, to the payment of the remaining property of the company. C- Right to vote The holders of class "B" Preferred shares shall not have the right to vote at the meetings of shareholders of the company, nor any right to receive notices of convening or attending such meetings, all subject to the provisions of the Canada Business Corporations Act. 4- Class "C" Preferred shares An unlimited number of class "C" preferred Shares, subject to the following rights, privileges, conditions and restrictions. A- Dividend Holders of Class "C" preferred shares will be entitled to receive, after the company's class "A" and class ''B'' preferred shares, from the funds applicable to the payment of dividends, when declared and as declared, an annual dividend of 1% calculated on the funds applicable to the payment of dividends. B- Participation In the case of distribution of the company's assets, as a result of its dissolution, of its voluntary or forced liquidation, or otherwise, the holders of shares Class "C" preferred shares shall be entitled, after the class "A" and ''B'' preferred shares and by priority on the common shares of the company, to the payment of the remaining property of the company. C- Right to vote The holders of class "B" Preferred shares shall not have the right to vote at the meetings of shareholders of the company, nor any right to receive notices of convening or attending such meetings, all subject to the provisions of the Canada Business Corporations Act. __________________________________________________ You are the director of the company ABC INC. and the shareholders ask you the following questions. Question A) : One of the directors of the Board of Directors of the company resign and a special meeting of the shareholders must be called in order to proceed to the election of a new director in order to fill this vacancy. Indicate which are the shareholders having the right to be called to this special meeting. - 5 points _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Question B): The company ABC Inc. declared a dividend of $ 20000.00; this amount represents the funds applicable to the payment of dividends, for the year 2017. Indicate which are the shareholders having the right to receive the dividends, the amount that they will receive and the order in which they will be paid. 10 points IMPORTANT NOTICE: FOR ANSWERING THIS QUESTION, YOU DON'T HAVE TO COPY-PASTE THE DESCRIPTION OF EACH CLASS OF SHARES BECAUSE IN THIS CASE NO POINTS WILL BE ALLOTED. You have to read the description and according to the information mentioned, you have to indicate the order and the amount of dividends, as in example. Example of answer: The shareholders having the right to receive dividends are: shareholder A, B and C and the order of payment is : 1- A=15 000$/2-B=10 000$ / 3-C= 5 000$ _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ QUESTION C): Indicate which are the shareholders having the right to receive the remaining property of the company, in case of its dissolution and the order in which they will be paid.- 10 points IMPORTANT NOTICE: FOR ANSWERING THIS QUESTION, YOU DON'T HAVE TO COPY-PASTE THE DESCRIPTION OF EACH CLASS OF SHARES BECAUSE IN THIS CASE NO POINTS WILL BE ALLOTED. You have to read the description and according to the information mentioned, you have to indicate the order and the amount of dividends, as in example. Example of answer: The shareholders having the right to receive the remaining property are: shareholder A, B and C and the order of payment is : 1- A/2-B / 3-C _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________