Mr. Hennick currently has control and direction over 1,325,694 Multiple Voting Shares of FirstService representing 100% of the issued and outstanding Multiple Voting Shares of FirstService and 1,522,526 Subordinate Voting Shares of FirstService representing 4.4% of the issued and outstanding Subordinate Voting Shares of FirstService. Immediately following the completion of the Transaction, Mr. Hennick is expected to have control and direction over 5,767,080 common shares of FirstService, representing 14.8% of the then expected outstanding common shares of FirstService. FirstService anticipates having 39,029,807 common shares outstanding immediately following completion of the Transaction.