orporate Investment Shelter

C (a orporate Investment Shelter strategy utilizing exempt life insurance) Sun Life Financial Sales Desk Sun Life Financial 225 King Street West - 9th Floor Toronto, Ontario M5V 3C5 1-800-800-4786 Option 4 416-595-5123 cnosalesdesk@sunlife.com Page 1 of 13 2002/01/09

Sun Life Financial Sales Desk Situation: You are a significant shareholder in a private corporation. Your Company has significant assets in taxable investments. Objective: You plan to draw income from your company over time, but don't expect to use up all of the investments during your lifetime. You plan to transfer the remaining wealth to your children or other beneficiaries after your death. You would like to maximize the after-tax value of corporate investments to your estate. Problem: The rate of return on corporate investments is eroded by corporate taxes. When investments are liquidated, the dividends paid out on your shares are taxable to you or your estate. These taxes will limit the after-tax value of the corporate investments to your estate. Recommendation: The Corporate Investment Shelter strategy is a better way to achieve your objectives. The CIS strategy can increase the after-tax estate value of your shares, compared with using taxable investments in your corporation (Please see the graph below). (in $ 000s) 7000 Comparison of Estate Values 6000 5000 4000 3000 2000 1000 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 100 Age of Primary Insured Taxable: Estate Value CIS: Estate Value Taxable: Asset Value CIS: Death Benefit Page 2 of 13 2002/01/09

Sun Life Financial Sales Desk Analysis The Corporate Investment Shelter (CIS) strategy uses a Universal Life insurance policy to accumulate funds on a taxdeferred basis during the insured's lifetime, and pay dividends on a tax-preferred basis at death: Your company purchases a Universal Life policy and makes deposits to the policy fund. The cost of insurance is deducted from the policy fund, and the life insurance provides an immediate increase in the estate value of the shares. Growth accumulated in the policy is reinvested without deduction of income tax. On the death of the life insured(s), the insurance face amount and the fund value are paid out tax-free to the corporation. The payment of the death benefit creates a credit in the corporate Capital Dividend Account, if available, which allows part or all of the death benefit to be paid to your estate tax free. Any cash in excess of the Capital Dividend Account balance is paid to the estate as a taxable dividend. The diagram below shows how the CIS strategy differs from a taxable investment on death, and compares the values at age 100. Structure: Taxable Investments Corporation Structure: Corporate Investment Shelter Corporation Taxable Investment Corporate Tax on investment earnings $ $ Universal Life Policy No Corporate Tax on accumulated growth in the policy Corporate Tax on deferred capital gains No Corporate Tax on life insurance death benefit $5,574,567 Liquidated Value available to pay dividends $6,558,923 Death Benefit available to pay dividends Capital Dividend Account Credit $1,663,476 $446,430 Personal Tax on dividends received $3,911,091 After-tax value of dividends to the Estate Personal Tax on taxable dividends received. $6,112,493 After-tax value of dividends to the Estate No Personal Tax on Capital dividends received Should unforeseen circumstances arise, your company could always withdraw or borrow money from the policy's cash value while the insured is living. Income tax may be payable on a portion or all of this money in the year of the transaction. Page 3 of 13 2002/01/09

Sun Life Financial Sales Desk Detailed Analysis: The attached ledger pages compare the values accumulated with the Corporate Investment Shelter strategy, to those accumulated in taxable investments. Details on the insurance policy and taxable investments used in the comparison are specified on the 'Assumptions' page. During the insured's lifetime, the liquidation value of the Corporate Investment Shelter strategy is usually less than the liquidation value of the taxable investments. Since your objectives do not require access to these funds during the insured's lifetime, you are unlikely to need to liquidate. On the death of the insured, the estate value of the Corporate Investment Shelter strategy is usually much higher than the value of the taxable investments. Since your objective is to maximize your estate value, the Corporate Investment Shelter strategy is preferred. Conclusion: The Corporate Investment Shelter strategy fits your objectives better than taxable investments owned by the corporation, since it allows for a larger after-tax value of dividends paid to your estate. Limitations on Values and Guarantees This is a concept illustration only, and NOT a contract. It must be accompanied by a Proposal for Insurance from Sun Life Assurance Company of Canada having the same date. The illustration is subject to some variability based on the investment performance of life insurance policy. This illustration is not an estimate or guarantee of future performance. 1. 2. The tax treatment referenced in this concept is based on the current Canadian Federal Income Tax Act. Since tax legislation is subject to change, the tax treatment and the illustrated numbers are not guaranteed. The performance illustrated above is based upon certain assumptions including the future performance of the underlying life insurance policy, the future federal and provincial income tax rules, future provincial premium taxes, the timing and amount of future deposits and withdrawals, the future cost of insurance and interest rates. These factors, especially interest rates, can fluctuate significantly, and thus actual performance WILL vary from those shown in this illustration. Please refer to the accompanying product illustration for limitations on policy values and guarantees of the underlying life insurance policy. 3. The above illustration is general in nature for discussion purposes only, and does not constitute any tax and/or legal advice. For your own specific situation, please consult your own tax and legal advisors. Page 4 of 13 2002/01/09

Sun Life Financial Sales Desk Phone: 1-800-800-4786 Option 4 Sun Life Financial Fax: 416-595-5123 225 King Street West - 9th Floor Toronto, Ontario cnosalesdesk@sunlife.com M5V 3C5 Plan and Tax Assumptions Corporate Investment Tax Rate: 50.00% Shareholder Dividend Tax Rate: 33.00% Capital Gains Inclusion Rate: 50.00% Life Insured: Coverage Type: Sun Universal Life Face Amount: 1,000,000 UL Interest Rate: 6.00% Premium Funding: Fund from investment Investment Assumptions Investment Balance: 1,000,000 Investment ACB: 750,000 Current RDTOH: 0 Current CDA: 0 Annual Portfolio Turnover: Investment Allocation 25.00% * assumes zero transaction costs Without CIS With CIS Now Age 65 Now Age 65 Cash: 50.0% 50.0% 50.0% 50.0% Bond Can.: 0.0% 0.0% 0.0% 0.0% Bond For.: 0.0% 0.0% 0.0% 0.0% Equity Can.: 50.0% 50.0% 50.0% 50.0% Equity For.: 0.0% 0.0% 0.0% 0.0% Equity US: 0.0% 0.0% 0.0% 0.0% Equity Small Cap: 0.0% 0.0% 0.0% 0.0% Investment Returns Assumed Interest Dividend Capital Realized Return Gains Gains Cash: 7.00% 100% Bond Can.: 7.00% 85% 15% 15% Bond For.: 8.00% 80% 20% 15% Equity Can.: 9.00% 30% 70% 10% Equity For.: 10.00% 5% 95% 5% Equity US: 10.00% 100% 5% Equity Small Cap: 10.00% 100% 5% Page 5 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Taxable Investment CIS Strategy Annual Net Annual Net to Net to Policy Policy Policy Net to Net to Corporate Dividend to Investment Corporation Shareholder Deposit & Surrender Death Investment Corporation Net to Corporation Net to Yr. Age Deposits Shareholder Balance (Liquidation) / Estate S.Acc. Tax Value Benefit Balance (Liquidation) Shareholder (Death) Estate 1 56 0 30,000 989,759 940,604 694,890 40,000 27,164 1,034,244 945,041 925,763 684,324 1,932,843 1,687,498 2 57 0 30,000 999,202 958,724 712,044 40,000 57,844 1,072,004 908,503 930,305 691,072 1,944,465 1,698,642 3 58 0 30,000 1,011,646 977,349 729,664 40,000 90,790 1,112,030 873,235 935,312 697,543 1,956,552 1,710,331 4 59 0 30,000 1,026,540 996,614 747,896 40,000 133,217 1,154,457 838,349 948,061 708,636 1,969,301 1,722,769 5 60 0 30,000 1,043,508 1,016,638 766,861 40,000 178,190 1,199,430 803,186 961,624 719,721 1,982,864 1,736,128 6 61 0 30,000 1,062,290 1,037,521 786,659 40,000 225,862 1,247,102 767,266 976,135 730,888 1,997,375 1,750,553 7 62 0 30,000 1,082,718 1,059,351 807,381 40,000 276,393 1,297,633 730,224 987,987 741,188 2,012,954 1,766,179 8 63 0 30,000 1,104,685 1,082,209 829,106 40,000 329,957 1,351,197 691,779 997,336 750,696 2,029,715 1,783,145 9 64 0 30,000 1,128,132 1,106,170 851,911 40,000 393,814 1,407,974 651,706 1,010,222 763,891 2,047,768 1,801,584 10 65 0 30,000 1,153,035 1,131,308 875,868 40,000 481,288 1,488,368 609,814 1,033,854 787,974 2,087,433 1,841,846 11 66 0 30,000 1,179,397 1,157,695 901,048 0 511,824 1,511,824 608,863 1,047,818 802,626 2,110,069 1,865,269 12 67 0 30,000 1,207,240 1,185,404 927,524 0 536,686 1,536,686 607,904 1,058,323 814,045 2,134,071 1,890,270 13 68 0 30,000 1,236,602 1,214,507 955,367 0 563,041 1,563,041 606,922 1,069,284 826,148 2,159,518 1,916,950 14 69 0 30,000 1,267,533 1,245,082 984,653 0 590,977 1,590,977 605,906 1,080,725 838,975 2,186,496 1,945,411 15 70 0 30,000 1,300,094 1,277,207 1,015,459 0 652,698 1,652,698 604,851 1,110,327 870,136 2,247,209 2,007,880 16 71 0 30,000 1,334,352 1,310,962 1,047,864 0 686,013 1,686,013 603,751 1,123,547 885,511 2,279,463 2,042,408 17 72 0 30,000 1,370,386 1,346,433 1,081,953 0 721,328 1,721,328 602,601 1,137,323 901,792 2,313,663 2,079,242 18 73 0 30,000 1,408,276 1,383,709 1,117,812 0 758,761 1,758,761 601,396 1,151,618 919,015 2,349,922 2,118,567 19 74 0 30,000 1,448,113 1,422,883 1,155,532 0 798,440 1,798,440 600,133 1,166,394 937,218 2,388,368 2,160,589 20 75 0 30,000 1,489,991 1,464,051 1,195,210 0 883,724 1,883,724 598,808 1,205,402 980,098 2,472,355 2,248,731 21 76 0 30,000 1,534,013 1,507,317 1,236,944 0 930,901 1,930,901 597,417 1,222,541 1,001,831 2,518,168 2,299,320 22 77 0 30,000 1,580,284 1,552,788 1,280,842 0 980,909 1,980,909 595,956 1,240,278 1,024,803 2,566,744 2,353,324 23 78 0 30,000 1,628,918 1,600,576 1,327,013 0 1,033,917 2,033,917 594,421 1,258,650 1,049,087 2,618,245 2,410,945 24 79 0 30,000 1,680,035 1,650,799 1,375,573 0 1,090,106 2,090,106 592,808 1,277,696 1,074,763 2,672,852 2,472,407 25 80 0 30,000 1,733,760 1,703,582 1,426,645 0 1,208,518 2,208,518 591,114 1,329,781 1,134,106 2,789,600 2,596,820 26 81 0 30,000 1,790,225 1,759,056 1,480,356 0 1,275,182 2,275,182 589,334 1,352,067 1,164,709 2,854,515 2,670,320 27 82 0 30,000 1,849,570 1,817,357 1,536,841 0 1,345,847 2,345,847 587,463 1,375,049 1,197,027 2,923,343 2,748,772 28 83 0 30,000 1,911,941 1,878,631 1,596,241 0 1,420,751 2,420,751 585,497 1,398,704 1,231,145 2,996,315 2,832,518 29 84 0 30,000 1,977,493 1,943,028 1,658,706 0 1,500,150 2,500,150 583,430 1,423,052 1,267,168 3,073,684 2,921,896 30 85 0 30,000 2,046,387 2,010,707 1,724,392 0 1,624,724 2,624,724 581,259 1,470,372 1,327,324 3,196,125 3,057,646 A detailed definition of each column is available on request. Page 6 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Taxable Investment CIS Strategy Annual Net Annual Net to Net to Policy Policy Policy Net to Net to Corporate Dividend to Investment Corporation Shareholder Deposit & Surrender Death Investment Corporation Net to Corporation Net to Yr. Age Deposits Shareholder Balance (Liquidation) / Estate S.Acc. Tax Value Benefit Balance (Liquidation) Shareholder (Death) Estate 31 86 0 0 2,150,920 2,113,282 1,824,933 0 1,716,361 2,716,361 611,020 1,544,536 1,404,556 3,316,898 3,181,781 32 87 0 0 2,260,759 2,221,097 1,930,610 0 1,813,496 2,813,496 642,274 1,628,587 1,487,725 3,444,660 3,308,936 33 88 0 0 2,376,181 2,334,418 2,041,683 0 1,916,460 2,916,460 675,105 1,717,411 1,575,619 3,579,818 3,443,455 34 89 0 0 2,497,478 2,453,524 2,158,428 0 2,025,601 3,025,601 709,596 1,811,279 1,668,506 3,722,799 3,585,765 35 90 0 0 2,624,951 2,578,710 2,281,132 0 2,195,779 3,195,779 745,837 1,940,444 1,796,485 3,928,545 3,790,806 36 91 0 0 2,758,920 2,710,286 2,410,098 0 2,321,679 3,321,679 783,919 2,047,074 1,902,017 4,091,830 3,953,350 37 92 0 0 2,899,717 2,848,576 2,545,647 0 2,455,134 3,455,134 823,938 2,159,769 2,013,554 4,264,579 4,125,320 38 93 0 0 3,047,694 2,993,925 2,688,113 0 2,596,595 3,596,595 865,995 2,278,872 2,131,438 4,447,340 4,307,262 39 94 0 0 3,203,218 3,146,691 2,837,850 0 2,746,544 3,746,544 910,194 2,404,752 2,256,032 4,640,697 4,499,758 40 95 0 0 3,366,674 3,307,252 2,995,227 0 2,979,294 3,979,294 956,645 2,578,389 2,428,104 4,919,071 4,777,227 41 96 0 0 3,538,469 3,476,006 3,160,636 0 3,152,205 4,152,205 1,005,465 2,721,441 2,569,716 5,139,933 4,997,139 42 97 0 0 3,719,029 3,653,372 3,334,485 0 3,335,491 4,335,491 1,056,774 2,872,647 2,719,404 5,373,618 5,229,825 43 98 0 0 3,908,800 3,839,788 3,517,205 0 3,529,774 4,529,774 1,110,701 3,032,474 2,877,630 5,620,872 5,476,028 44 99 0 0 4,108,253 4,035,717 3,709,248 0 3,735,714 4,735,714 1,167,378 3,201,415 3,044,883 5,882,486 5,736,538 45 100 0 0 4,317,883 4,241,643 3,911,091 0 4,054,314 5,054,314 1,226,947 3,435,160 3,276,565 6,259,601 6,112,493 A detailed definition of each column is available on request. Page 7 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Taxable Investments Annual Withdrawal Personal Net Annual Net to Personal Net to Corporate to Pay RDTOH Tax on Dividend to Investment Corporate Investment Corporation RDTOH Total Tax on Shareholder Yr. Age Deposits Dividend Refund Dividend Shareholder Income Tax Balance (Liquidation) Refund Dividend Dividend or Estate 1 56 0 44,776 0 14,776 30,000 76,418 41,883 989,759 940,604 50,559 991,164 296,274 694,890 2 57 0 29,989 1,082 1,072 30,000 76,782 37,349 999,202 958,724 66,785 1,025,508 313,464 712,044 3 58 0 29,958 4,156 4,115 30,000 77,539 35,137 1,011,646 977,349 80,107 1,057,456 327,792 729,664 4 59 0 29,942 5,762 5,704 30,000 78,536 33,699 1,026,540 996,614 92,048 1,088,663 340,766 747,896 5 60 0 29,931 6,898 6,829 30,000 79,729 32,830 1,043,508 1,016,638 103,123 1,119,761 352,901 766,861 6 61 0 29,923 7,692 7,615 30,000 81,087 32,381 1,062,290 1,037,521 113,710 1,151,231 364,571 786,659 7 62 0 29,918 8,237 8,155 30,000 82,590 32,244 1,082,718 1,059,351 124,089 1,183,440 376,060 807,381 8 63 0 29,914 8,602 8,516 30,000 84,224 32,344 1,104,685 1,082,209 134,473 1,216,682 387,575 829,106 9 64 0 29,912 8,835 8,746 30,000 85,982 32,623 1,128,132 1,106,170 145,020 1,251,190 399,279 851,911 10 65 0 29,910 8,970 8,880 30,000 87,858 33,044 1,153,035 1,131,308 155,855 1,287,163 411,295 875,868 11 66 0 29,910 9,033 8,942 30,000 89,850 33,579 1,179,397 1,157,695 167,076 1,324,771 423,723 901,048 12 67 0 29,910 9,042 8,951 30,000 91,959 34,206 1,207,240 1,185,404 178,764 1,364,167 436,644 927,524 13 68 0 29,910 9,010 8,920 30,000 94,186 34,914 1,236,602 1,214,507 190,985 1,405,493 450,125 955,367 14 69 0 29,911 8,946 8,857 30,000 96,535 35,694 1,267,533 1,245,082 203,799 1,448,882 464,228 984,653 15 70 0 29,911 8,858 8,770 30,000 99,010 36,538 1,300,094 1,277,207 217,260 1,494,466 479,007 1,015,459 16 71 0 29,913 8,750 8,662 30,000 101,614 37,443 1,334,352 1,310,962 231,416 1,542,378 494,513 1,047,864 17 72 0 29,914 8,624 8,538 30,000 104,355 38,408 1,370,386 1,346,433 246,315 1,592,748 510,795 1,081,953 18 73 0 29,915 8,484 8,399 30,000 107,238 39,432 1,408,276 1,383,709 262,004 1,645,713 527,902 1,117,812 19 74 0 29,917 8,331 8,247 30,000 110,269 40,515 1,448,113 1,422,883 278,530 1,701,413 545,881 1,155,532 20 75 0 29,918 8,165 8,083 30,000 113,456 41,659 1,489,991 1,464,051 295,940 1,759,991 564,782 1,195,210 21 76 0 29,920 7,988 7,908 30,000 116,806 42,864 1,534,013 1,507,317 314,282 1,821,600 584,655 1,236,944 22 77 0 29,922 7,799 7,721 30,000 120,327 44,134 1,580,284 1,552,788 333,607 1,886,395 605,553 1,280,842 23 78 0 29,924 7,599 7,523 30,000 124,029 45,470 1,628,918 1,600,576 353,966 1,954,541 627,528 1,327,013 24 79 0 29,926 7,388 7,314 30,000 127,919 46,877 1,680,035 1,650,799 375,413 2,026,212 650,639 1,375,573 25 80 0 29,928 7,165 7,093 30,000 132,009 48,355 1,733,760 1,703,582 398,005 2,101,587 674,942 1,426,645 26 81 0 29,931 6,930 6,861 30,000 136,306 49,910 1,790,225 1,759,056 421,801 2,180,856 700,501 1,480,356 27 82 0 29,933 6,683 6,616 30,000 140,823 51,545 1,849,570 1,817,357 446,862 2,264,219 727,379 1,536,841 28 83 0 29,936 6,422 6,358 30,000 145,571 53,264 1,911,941 1,878,631 473,254 2,351,885 755,643 1,596,241 29 84 0 29,939 6,148 6,087 30,000 150,560 55,070 1,977,493 1,943,028 501,045 2,444,072 785,366 1,658,706 30 85 0 29,941 5,860 5,801 30,000 155,804 56,969 2,046,387 2,010,707 530,305 2,541,013 816,621 1,724,392 A detailed definition of each column is available on request. Page 8 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Taxable Investments Annual Withdrawal Personal Net Annual Net to Personal Net to Corporate to Pay RDTOH Tax on Dividend to Investment Corporate Investment Corporation RDTOH Total Tax on Shareholder Yr. Age Deposits Dividend Refund Dividend Shareholder Income Tax Balance (Liquidation) Refund Dividend Dividend or Estate 31 86 0 0 0 0 0 163,711 59,178 2,150,920 2,113,282 567,209 2,680,491 855,558 1,824,933 32 87 0 0 0 0 0 172,074 62,235 2,260,759 2,221,097 605,997 2,827,094 896,484 1,930,610 33 88 0 0 0 0 0 180,861 65,438 2,376,181 2,334,418 646,766 2,981,184 939,500 2,041,683 34 89 0 0 0 0 0 190,095 68,798 2,497,478 2,453,524 689,616 3,143,140 984,713 2,158,428 35 90 0 0 0 0 0 199,798 72,325 2,624,951 2,578,710 734,654 3,313,364 1,032,233 2,281,132 36 91 0 0 0 0 0 209,996 76,027 2,758,920 2,710,286 781,991 3,492,277 1,082,178 2,410,098 37 92 0 0 0 0 0 220,714 79,916 2,899,717 2,848,576 831,744 3,680,320 1,134,673 2,545,647 38 93 0 0 0 0 0 231,977 84,000 3,047,694 2,993,925 884,035 3,877,960 1,189,847 2,688,113 39 94 0 0 0 0 0 243,816 88,292 3,203,218 3,146,691 938,995 4,085,686 1,247,836 2,837,850 40 95 0 0 0 0 0 256,257 92,801 3,366,674 3,307,252 996,760 4,304,012 1,308,784 2,995,227 41 96 0 0 0 0 0 269,334 97,539 3,538,469 3,476,006 1,057,472 4,533,479 1,372,843 3,160,636 42 97 0 0 0 0 0 283,078 102,518 3,719,029 3,653,372 1,121,283 4,774,655 1,440,170 3,334,485 43 98 0 0 0 0 0 297,522 107,751 3,908,800 3,839,788 1,188,349 5,028,138 1,510,933 3,517,205 44 99 0 0 0 0 0 312,704 113,250 4,108,253 4,035,717 1,258,838 5,294,555 1,585,307 3,709,248 45 100 0 0 0 0 0 328,660 119,030 4,317,883 4,241,643 1,332,924 5,574,567 1,663,476 3,911,091 A detailed definition of each column is available on request. Page 9 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Insurance deposit funded from taxable investment CIS Strategy (Annual Activity) Annual Withdrawal Tax on Policy Policy Withdrawal Total Personal Net Annual Corporate for Policy Service Surrender Death to Pay RDTOH Annual Tax on Dividend to Investment Corporate Investment Yr. Age Deposits Deposit Account Value Benefit Dividend Refund Dividend Dividend Shareholder Income Tax Balance 1 56 0 40,000 0 27,164 1,034,244 44,776 0 44,776 14,776 30,000 73,218 43,401 945,041 2 57 0 40,000 0 57,844 1,072,004 30,000 0 30,000 0 30,000 70,003 36,541 908,503 3 58 0 40,000 0 90,790 1,112,030 29,971 2,948 32,919 2,919 30,000 67,083 32,380 873,235 4 59 0 40,000 0 133,217 1,154,457 29,943 5,683 35,626 5,626 30,000 64,263 29,207 838,349 5 60 0 40,000 0 178,190 1,199,430 29,927 7,274 37,201 7,201 30,000 61,474 26,709 803,186 6 61 0 40,000 0 225,862 1,247,102 29,916 8,422 38,338 8,338 30,000 58,662 24,666 767,266 7 62 0 40,000 0 276,393 1,297,633 29,907 9,264 39,171 9,171 30,000 55,789 22,923 730,224 8 63 0 40,000 0 329,957 1,351,197 29,901 9,896 39,797 9,797 30,000 52,826 21,370 691,779 9 64 0 40,000 0 393,814 1,407,974 29,896 10,386 40,283 10,283 30,000 49,751 19,928 651,706 10 65 0 40,000 0 481,288 1,488,368 29,892 10,782 40,674 10,674 30,000 46,545 18,544 609,814 11 66 0 0 0 511,824 1,511,824 29,889 11,115 41,004 11,004 30,000 46,394 17,457 608,863 12 67 0 0 0 536,686 1,536,686 29,882 11,809 41,691 11,691 30,000 46,318 17,395 607,904 13 68 0 0 0 563,041 1,563,041 29,882 11,836 41,718 11,718 30,000 46,242 17,343 606,922 14 69 0 0 0 590,977 1,590,977 29,881 11,856 41,738 11,738 30,000 46,163 17,297 605,906 15 70 0 0 0 652,698 1,652,698 29,881 11,872 41,754 11,754 30,000 46,082 17,256 604,851 16 71 0 0 0 686,013 1,686,013 29,881 11,885 41,766 11,766 30,000 45,998 17,217 603,751 17 72 0 0 0 721,328 1,721,328 29,881 11,896 41,777 11,777 30,000 45,910 17,179 602,601 18 73 0 0 0 758,761 1,758,761 29,881 11,905 41,786 11,786 30,000 45,818 17,141 601,396 19 74 0 0 0 798,440 1,798,440 29,881 11,913 41,794 11,794 30,000 45,721 17,103 600,133 20 75 0 0 0 883,724 1,883,724 29,881 11,920 41,801 11,801 30,000 45,620 17,065 598,808 21 76 0 0 0 930,901 1,930,901 29,881 11,928 41,808 11,808 30,000 45,514 17,025 597,417 22 77 0 0 0 980,909 1,980,909 29,881 11,935 41,815 11,815 30,000 45,403 16,983 595,956 23 78 0 0 0 1,033,917 2,033,917 29,881 11,942 41,823 11,823 30,000 45,286 16,940 594,421 24 79 0 0 0 1,090,106 2,090,106 29,881 11,949 41,830 11,830 30,000 45,163 16,895 592,808 25 80 0 0 0 1,208,518 2,208,518 29,880 11,957 41,837 11,837 30,000 45,034 16,848 591,114 26 81 0 0 0 1,275,182 2,275,182 29,880 11,964 41,845 11,845 30,000 44,899 16,799 589,334 27 82 0 0 0 1,345,847 2,345,847 29,880 11,972 41,853 11,853 30,000 44,756 16,747 587,463 28 83 0 0 0 1,420,751 2,420,751 29,880 11,981 41,861 11,861 30,000 44,607 16,693 585,497 29 84 0 0 0 1,500,150 2,500,150 29,880 11,990 41,870 11,870 30,000 44,449 16,636 583,430 30 85 0 0 0 1,624,724 2,624,724 29,880 11,999 41,879 11,879 30,000 44,284 16,576 581,259 A detailed definition of each column is available on request. Page 10 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Insurance deposit funded from taxable investment CIS Strategy (Annual Activity) Annual Withdrawal Tax on Policy Policy Withdrawal Total Personal Net Annual Corporate for Policy Service Surrender Death to Pay RDTOH Annual Tax on Dividend to Investment Corporate Investment Yr. Age Deposits Deposit Account Value Benefit Dividend Refund Dividend Dividend Shareholder Income Tax Balance 31 86 0 0 0 1,716,361 2,716,361 0 0 0 0 0 46,501 16,740 611,020 32 87 0 0 0 1,813,496 2,813,496 0 0 0 0 0 48,882 17,627 642,274 33 88 0 0 0 1,916,460 2,916,460 0 0 0 0 0 51,382 18,551 675,105 34 89 0 0 0 2,025,601 3,025,601 0 0 0 0 0 54,008 19,517 709,596 35 90 0 0 0 2,195,779 3,195,779 0 0 0 0 0 56,768 20,527 745,837 36 91 0 0 0 2,321,679 3,321,679 0 0 0 0 0 59,667 21,585 783,919 37 92 0 0 0 2,455,134 3,455,134 0 0 0 0 0 62,714 22,695 823,938 38 93 0 0 0 2,596,595 3,596,595 0 0 0 0 0 65,915 23,859 865,995 39 94 0 0 0 2,746,544 3,746,544 0 0 0 0 0 69,280 25,081 910,194 40 95 0 0 0 2,979,294 3,979,294 0 0 0 0 0 72,815 26,364 956,645 41 96 0 0 0 3,152,205 4,152,205 0 0 0 0 0 76,532 27,712 1,005,465 42 97 0 0 0 3,335,491 4,335,491 0 0 0 0 0 80,437 29,128 1,056,774 43 98 0 0 0 3,529,774 4,529,774 0 0 0 0 0 84,542 30,615 1,110,701 44 99 0 0 0 3,735,714 4,735,714 0 0 0 0 0 88,856 32,179 1,167,378 45 100 0 0 0 4,054,314 5,054,314 0 0 0 0 0 93,390 33,822 1,226,947 A detailed definition of each column is available on request. Page 11 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Insurance deposit funded from taxable investment CIS Strategy (Values to Shareholder or Estate) Policy Policy Net to Personal Net to Tax-Free Personal Investment Surrender Death Corporation RDTOH Total Tax on Net to Corporation RDTOH Capital Tax on Net to Yr. Age Balance Benefit Benefit (Liquidation) Refund Dividend Dividend Shareholder (Death) Refund Dividend Dividend Estate 1 56 945,041 27,164 1,034,244 925,763 49,838 975,601 291,277 684,324 1,932,843 49,838 1,088,187 295,183 1,687,498 2 57 908,503 57,844 1,072,004 930,305 65,618 995,923 304,851 691,072 1,944,465 65,618 1,066,322 311,441 1,698,642 3 58 873,235 90,790 1,112,030 935,312 77,791 1,013,103 315,560 697,543 1,956,552 77,791 1,052,487 324,012 1,710,331 4 59 838,349 133,217 1,154,457 948,061 86,594 1,034,655 326,019 708,636 1,969,301 86,594 1,046,422 333,126 1,722,769 5 60 803,186 178,190 1,199,430 961,624 93,177 1,054,801 335,079 719,721 1,982,864 93,177 1,046,001 339,913 1,736,128 6 61 767,266 225,862 1,247,102 976,135 97,978 1,074,113 343,225 730,888 1,997,375 97,978 1,050,504 344,800 1,750,553 7 62 730,224 276,393 1,297,633 987,987 103,499 1,091,485 350,297 741,188 2,012,954 101,290 1,059,501 348,065 1,766,179 8 63 691,779 329,957 1,351,197 997,336 109,902 1,107,239 356,543 750,696 2,029,715 103,302 1,072,798 349,872 1,783,145 9 64 651,706 393,814 1,407,974 1,010,222 117,988 1,128,210 364,320 763,891 2,047,768 104,130 1,090,341 350,314 1,801,584 10 65 609,814 481,288 1,488,368 1,033,854 131,395 1,165,250 377,275 787,974 2,087,433 103,840 1,132,403 349,427 1,841,846 11 66 608,863 511,824 1,511,824 1,047,818 140,073 1,187,891 385,265 802,626 2,110,069 103,183 1,158,757 347,984 1,865,269 12 67 607,904 536,686 1,536,686 1,058,323 146,703 1,205,026 390,981 814,045 2,134,071 101,816 1,188,564 345,616 1,890,270 13 68 606,922 563,041 1,563,041 1,069,284 153,875 1,223,159 397,011 826,148 2,159,518 100,403 1,220,615 342,971 1,916,950 14 69 605,906 590,977 1,590,977 1,080,725 161,632 1,242,357 403,383 838,975 2,186,496 98,953 1,255,032 340,038 1,945,411 15 70 604,851 652,698 1,652,698 1,110,327 178,584 1,288,911 418,774 870,136 2,247,209 97,468 1,324,081 336,797 2,007,880 16 71 603,751 686,013 1,686,013 1,123,547 188,347 1,311,894 426,383 885,511 2,279,463 95,952 1,366,304 333,007 2,042,408 17 72 602,601 721,328 1,721,328 1,137,323 198,903 1,336,225 434,434 901,792 2,313,663 94,405 1,411,626 328,826 2,079,242 18 73 601,396 758,761 1,758,761 1,151,618 210,342 1,361,960 442,945 919,015 2,349,922 92,828 1,460,377 324,183 2,118,567 19 74 600,133 798,440 1,798,440 1,166,394 222,762 1,389,156 451,938 937,218 2,388,368 91,222 1,512,922 319,000 2,160,589 20 75 598,808 883,724 1,883,724 1,205,402 247,779 1,453,181 473,083 980,098 2,472,355 89,585 1,612,823 313,208 2,248,731 21 76 597,417 930,901 1,930,901 1,222,541 263,103 1,485,645 483,813 1,001,831 2,518,168 87,917 1,676,492 306,766 2,299,320 22 77 595,956 980,909 1,980,909 1,240,278 279,678 1,519,956 495,153 1,024,803 2,566,744 86,217 1,744,971 299,637 2,353,324 23 78 594,421 1,033,917 2,033,917 1,258,650 297,576 1,556,227 507,140 1,049,087 2,618,245 84,483 1,818,538 291,783 2,410,945 24 79 592,808 1,090,106 2,090,106 1,277,696 316,881 1,594,577 519,813 1,074,763 2,672,852 82,714 1,897,509 283,159 2,472,407 25 80 591,114 1,208,518 2,208,518 1,329,781 353,395 1,683,176 549,070 1,134,106 2,789,600 80,909 2,041,149 273,689 2,596,820 26 81 589,334 1,275,182 2,275,182 1,352,067 376,813 1,728,880 564,172 1,164,709 2,854,515 79,066 2,135,820 263,261 2,670,320 27 82 587,463 1,345,847 2,345,847 1,375,049 402,097 1,777,146 580,120 1,197,027 2,923,343 77,182 2,237,639 251,752 2,748,772 28 83 585,497 1,420,751 2,420,751 1,398,704 429,397 1,828,101 596,956 1,231,145 2,996,315 75,256 2,347,168 239,053 2,832,518 29 84 583,430 1,500,150 2,500,150 1,423,052 458,847 1,881,899 614,731 1,267,168 3,073,684 73,286 2,464,927 225,074 2,921,896 30 85 581,259 1,624,724 2,624,724 1,470,372 501,346 1,971,719 644,395 1,327,324 3,196,125 71,270 2,631,791 209,750 3,057,646 A detailed definition of each column is available on request. Page 12 of 13 2002/01/09

Sun Life Financial Sales Desk, Sun Life Financial Insurance deposit funded from taxable investment CIS Strategy (Values to Shareholder or Estate) Policy Policy Net to Personal Net to Tax-Free Personal Investment Surrender Death Corporation RDTOH Total Tax on Net to Corporation RDTOH Capital Tax on Net to Yr. Age Balance Benefit Benefit (Liquidation) Refund Dividend Dividend Shareholder (Death) Refund Dividend Dividend Estate 31 86 611,020 1,716,361 2,716,361 1,544,536 539,449 2,083,984 679,429 1,404,556 3,316,898 81,752 2,741,471 216,869 3,181,781 32 87 642,274 1,813,496 2,813,496 1,628,587 576,370 2,204,957 717,233 1,487,725 3,444,660 92,771 2,845,022 228,495 3,308,936 33 88 675,105 1,916,460 2,916,460 1,717,411 615,410 2,332,821 757,202 1,575,619 3,579,818 104,353 2,954,729 240,716 3,443,455 34 89 709,596 2,025,601 3,025,601 1,811,279 656,688 2,467,967 799,461 1,668,506 3,722,799 116,528 3,070,959 253,561 3,585,765 35 90 745,837 2,195,779 3,195,779 1,940,444 714,866 2,655,310 858,826 1,796,485 3,928,545 129,324 3,248,588 267,063 3,790,806 36 91 783,919 2,321,679 3,321,679 2,047,074 761,889 2,808,964 906,947 1,902,017 4,091,830 142,774 3,382,319 281,254 3,953,350 37 92 823,938 2,455,134 3,455,134 2,159,769 811,614 2,971,383 957,829 2,013,554 4,264,579 156,911 3,524,005 296,170 4,125,320 38 93 865,995 2,596,595 3,596,595 2,278,872 864,195 3,143,068 1,011,630 2,131,438 4,447,340 171,769 3,674,118 311,847 4,307,262 39 94 910,194 2,746,544 3,746,544 2,404,752 919,799 3,324,551 1,068,519 2,256,032 4,640,697 187,386 3,833,160 328,325 4,499,758 40 95 956,645 2,979,294 3,979,294 2,578,389 998,279 3,576,667 1,148,563 2,428,104 4,919,071 203,800 4,075,467 345,643 4,777,227 41 96 1,005,465 3,152,205 4,152,205 2,721,441 1,061,640 3,783,081 1,213,365 2,569,716 5,139,933 221,051 4,258,422 363,846 4,997,139 42 97 1,056,774 3,335,491 4,335,491 2,872,647 1,128,648 4,001,296 1,281,892 2,719,404 5,373,618 239,183 4,452,266 382,977 5,229,825 43 98 1,110,701 3,529,774 4,529,774 3,032,474 1,199,514 4,231,988 1,354,359 2,877,630 5,620,872 258,240 4,657,645 403,084 5,476,028 44 99 1,167,378 3,735,714 4,735,714 3,201,415 1,274,461 4,475,876 1,430,993 3,044,883 5,882,486 278,270 4,875,247 424,218 5,736,538 45 100 1,226,947 4,054,314 5,054,314 3,435,160 1,380,473 4,815,633 1,539,068 3,276,565 6,259,601 299,322 5,206,105 446,430 6,112,493 A detailed definition of each column is available on request. Page 13 of 13 2002/01/09