Canada Gazette, Part I, Volume 160, Number 43: MISCELLANEOUS NOTICES

October 24, 2026

THE BANK OF NOVA SCOTIA TRUST COMPANY

REDUCTION OF STATED CAPITAL

As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that The Bank of Nova Scotia Trust Company (the “Company”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Company in accordance with the special resolution passed by the sole shareholder of the Company on October 7, 2026, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

  1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Company be reduced by an amount of up to Can$100,000,000 (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amount to be distributed to the sole shareholder of the Company;
  2. The directors and officers of the Company are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
  3. The Company’s Chief Financial Officer shall determine the amount and timing of any such reduction of stated capital within the Authorized Limit; and
  4. Any officer or director of the Company be and is hereby authorized and directed, for and on behalf of the Company, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital. The granting of the approval will be dependent upon the normal Trust and Loan Companies Act (Canada) review process and the discretion of the Superintendent of Financial Institutions (Canada).

Toronto, October 24, 2026

The Bank of Nova Scotia Trust Company

NATIONAL TRUST COMPANY

REDUCTION OF STATED CAPITAL

As required under subsection 78(5) of the Trust and Loan Companies Act (Canada), notice is hereby given that National Trust Company (the “Company”) intends to apply to the Superintendent of Financial Institutions (Canada) for approval to reduce the stated capital of the common shares of the Company in accordance with the special resolution passed by the sole shareholder of the Company on October 7, 2026, a copy of which is set out below.

“RESOLVED AS A SPECIAL RESOLUTION THAT

  1. Subject to the approval of the Superintendent of Financial Institutions (Canada), and in accordance with section 78 of the Trust and Loan Companies Act (Canada), the stated capital of the Company be reduced by an amount of up to Can$70,000,000 (the “Authorized Limit”) by reducing the stated capital account maintained for its common shares, such amount to be distributed to the sole shareholder of the Company;
  2. The directors and officers of the Company are hereby authorized and directed to apply under section 78 of the Trust and Loan Companies Act (Canada) for approval of this resolution and such reduction of stated capital;
  3. The Company’s Chief Financial Officer shall determine the amount and timing of any such reduction of stated capital within the Authorized Limit; and
  4. Any officer or director of the Company be and is hereby authorized and directed, for and on behalf of the Company, to execute and deliver all such documents and to do such other acts or things as may be determined to be necessary or advisable to give effect to this resolution, the execution of any such document or the doing of any such other act or thing being conclusive evidence of such determination.”

The publication of this notice should not be construed as evidence that approval will be issued for the reduction of capital. The granting of the approval will be dependent upon the normal Trust and Loan Companies Act (Canada) review process and the discretion of the Superintendent of Financial Institutions (Canada).

Toronto, October 24, 2026

National Trust Company

VERSABANK

REDUCTION OF STATED CAPITAL

As required under subsection 75(5) of the Bank Act (Canada) [the “Bank Act”], notice is hereby given that VersaBank intends to apply to the Superintendent of Financial Institutions (Canada) [the “Superintendent”] for approval to reduce the stated capital of the common shares of VersaBank in accordance with a special resolution passed by the shareholders of VersaBank on September 16, 2026. A copy of the relevant provisions of the resolution is provided below. For purposes of the resolution, “Reorganization Agreement” means the reorganization agreement made between VersaBank and Versa Bancorp as of August 24, 2026, as the same may be amended from time to time.

“BE IT RESOLVED AS A SPECIAL RESOLUTION THAT

…

  1. Following VersaBank’s sale of its shares of VersaHoldings US Corp to Versa Bancorp in exchange for a promissory note equal to the aggregate fair market value of such shares (as further described in the Reorganization Agreement) [the “Sale Consideration”], the stated capital account maintained for VersaBank’s common shares shall be reduced by the Sale Consideration, by distributing such amount as a return of capital to the shareholder(s) of VersaBank at such time, subject to
    • (i) receipt of approval in writing by the Superintendent of Financial Institutions (Canada) required under subsection 75(4) of the Bank Act (Canada); and
    • (ii) VersaBank’s Chief Financial Officer being satisfied that the reduction of stated capital of VersaBank would not cause VersaBank to be in contravention of any regulation referred to in, or direction made pursuant to, section 485 of the Bank Act (Canada).
  2. Any officer or director of VersaBank is hereby authorized and directed, for and on behalf of VersaBank, to execute or cause to be executed and to deliver or cause to be delivered all such other documents and instruments and to perform or cause to be performed all such other acts and things as such person determines may be necessary or desirable to give full effect to the foregoing resolution and the matters authorized thereby, such determination to be conclusively evidenced by the execution and delivery of such document or instrument or the doing of any such act or thing.”

Note: The publication of this notice should not be construed as evidence that approval will be issued for the reduction of stated capital. The granting of the approval will be dependent upon the usual Bank Act review process and the discretion of the Superintendent.

London, October 15, 2026

VersaBank