U.S. Companies - 2023 Guide to Listing

2023 GUIDE TO LISTING 2023 GUIDE TO LISTING 8 9 TSX and TSXV provide companies with access to equity capital and the benefits of being listed on a leading global exchange with integrity, liquidity and opportunity. GATEWAY TO NORTH AMERICAN CAPITAL Companies listed on TSX and TSXV have access to North American capital markets, one of the world’s largest capital pools. With a wide investor base providing liquidity, our Exchanges serve as access points to the Canadian and U.S. markets for companies seeking growth and expansion capital. TOP-RATED BANKING SYSTEM Canada’s banking system has been ranked as one of the soundest in the world for more than a decade by the World Economic Forum*. Canada’s banks are also well managed, well regulated and well capitalized. A strong and stable banking system is at the heart of the country’s economic stability. Canada ranks second in the G20 for foreign direct investment to GDP **, and has an established AAA credit rating from Standard and Poor’s. LEVERAGING CANADA’S ECONOMIC STRENGTH TSX and TSXV’s significance as world-class equities markets is reflected in the broader strength of the Canadian economy. According to the Economist Intelligence Unit, Canada is the best country in the G20 for doing business (2022-2026).*** Canada’s economy is broadly diversified with key strengths in manufacturing, financial services and technology. This, coupled with Canada’s diverse natural resources base including oil and gas, coal, nickel, copper, zinc, uranium and diamonds, makes Canada a viable destination to raise capital and leverage Canadian financial expertise. TSX and TSXV are world-class markets that provide access to financing for companies at various stages of growth. total number of listed issuers on TSX and TSXV 3,500+ 2021 2022 2020 2019 2018 $41 $39 $43 $27 $57 IPOs Private Placements Public Offerings EQUITY FINANCING ON TSX & TSXV ($ Billions) *World Economic Forum, Global Competitiveness Index. **United Nations Conference on Trade and Development (UNCTAD), 2021. ***Economist Intelligence Unit, December 2021. OPPORTUNITIES FOR COMPANIES AT EVERY STAGE OF GROWTH 501 DIVERSIFIED INDUSTRIES BREAKDOWN 28 Communications & Media 117 Consumer Products & Services 118 Financial Services 151 Industrial Products & Services 87 Real Estate 1,157 MINING BREAKDOWN 101 Battery Metals 212 Copper 652 Precious Metals 49 Uranium 143 Other 929 EXCHANGE TRADED FUNDS 505 INNOVATION BREAKDOWN 95 Clean Technology 160 Life Sciences 250 Technology 188 ENERGY BREAKDOWN 45 Energy Services 127 Oil & Gas 16 Utilities & Pipelines 190 CAPITAL POOL COMPANY® 4 SPAC 73 CLOSED-END FUNDS MARKET CAP ($B) $2,026 $521 $688 $327 $35 $0.6 $0.2 $292 ISSUERS A DIVERSE ISUER BASE FINANCING GROWTH COMPANIES Project/Idea PUBLIC EQUITY PRIVATE CAPITAL CAPITAL REQUIRED STAGES OF COMPANY GROWTH R&D or Prototype Commercial Stage Stable Production Stage Operating History FOUNDERS ANGEL INVESTORS PRIVATE EQUITY TORONTO STOCK EXCHANGE TSX VENTURE EXCHANGE VENTURE CAPITALISTS CANADA’S GLOBAL CAPITAL MARKETS