Mr. Glenn Dudar reports

WESTSHORE TERMINALS ANNOUNCES Q3 QUARTERLY DIVIDEND

Westshore Terminals Investment Corp. has declared a dividend of 30 cents per share, payable on or before Oct. 15, 2022, to shareholders of record on Sept. 30, 2022. The dividend will be designated an eligible dividend for Canadian tax purposes. The dividend program going forward is subject to review based on operating performance, market conditions and other factors.

Through Sept. 16, 2022, year to date, Westshore loaded 19.0 million tonnes at an average rate of $12.06 per tonne. Commencing Sept. 17, operations halted due to the ILWU Local 502 work stoppage. The company cannot anticipate the duration of the work stoppage; hence it is not able to provide guidance on volumes or rates for 2022 overall until operations resume.

We seek Safe Harbor.