Table of contents

• EXECUTIVE SUMMARY  1
• AUDIT RISKS  3
• MATERIALITY  10
• THE AUDIT OF TODAY, TOMORROW & THE FUTURE  11
• HIGHLY TALENTED AND EXPERIENCED TEAM  12
• KEY DELIVERABLES AND MILESTONES  13
• PROPOSED FEES  14
• CURRENT DEVELOPMENTS AND AUDIT TRENDS  15
• APPENDICES  16
• APPENDIX 1: AUDIT QUALITY AND RISK MANAGEMENT  17
• APPENDIX 2: KPMG'S AUDIT APPROACH AND METHODOLOGY  18
• APPENDIX 3: LEAN IN AUDIT™  19
• APPENDIX 4: REQUIRED COMMUNICATIONS  20
• APPENDIX 5: PREPARING FOR ASSET RETIREMENT OBLIGATIONS  21

• The contacts at KPMG in connection with this report are:
• Cynthia Swift
• Lead Audit Engagement Partner
• Tel: 519-251-3520
• caswift@kpmg.ca
• Jeff Dent
• Audit Manager
• Tel: 519-251-5233
• jeffdent@kpmg.ca