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BUSINESS ACTIVITY DISCLOSURE


As a Carte Wealth Management Inc. Representative I am engaged in various business activities including being a
registered Mutual Funds Salesperson, a licensed Life Insurance Advisor and a Director/Owner of various companies
and represent separate companies for each purpose. As such, you may be dealing with more than one company
depending on the products purchased, or services rendered. Remuneration also varies with the products purchased,
or services rendered. I will be representing Carte Wealth Management Inc. for the sale of mutual fund products and
will provide you with the name of the entity that I represent while conducting business as a licensed Life Insurance
Advisor and as a Director/Owner. The business activities relating to my position as a licensed Life Insurance Advisor
and my position as a Director/Owner is not the business of, or under the supervision of Carte Wealth Management
Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.


I, Ryan Tongs, am a registered mutual fund salesperson represented by Carte Wealth Management Inc.

1.I am also a licensed Life Insurance Advisor with Experior Financial Group, an insurance managing general
agency. Any activity relating to my occupation as a licensed Life Insurance Advisor is not the business of, or
under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be
liable or responsible for such activities.


2. I am also the Director/Owner of TRACC Holdings Ltd., a private family holding company, non-public facing,
that holds family investments for tax purposes including inherited real estate and some personal business
holdings, Alier Inc., which will be partially held by TRACC Holdings Inc., and of Alier Inc., an entity that provides
mobile app solutions (School Ally, Student Ally, Community Ally, Steward Ally and Faith Ally) to schools,
community group & municipalities. Any activity relating to my occupation as a Director/Owner is not the
business of, or under the supervision of, Carte Wealth Management Inc., and Carte Wealth Management Inc.
will not be liable or responsible for such activities.


I, Ryan Tongs, wish this distinction to be clear, and if you are not sure of the difference, let us discuss it, or I can
suggest sources from which you can obtain the necessary explanation. Our self-regulatory organization, The Mutual
Fund Dealers Association of Canada (“MFDA”), has rules which state that the distinction between these business
activities must be clear and that you understand the difference for the purposes of this transaction.