Saputo, for purposes of the Income Tax Act (Canada) and other similar provincial legislation, designates all dividends paid to be eligible dividends unless indicated otherwise. In this respect, note that a portion of the dividend of $0.23 per share payable on September 16, 2013 is not designated as an eligible dividend. The portion that is not designated as an eligible dividend is $0.0086 per common share. The remaining portion of the dividend, $0.2214 per common share, is designated as an eligible dividend for Canadian federal and provincial income tax purposes. It is currently anticipated that future dividends will be eligible dividends.