b'INVESTMENT SUMMARY|2021The reason PIC Investment Group Inc. negotiatesEQUITY INVESTMENT COMPANIESand participates in minority investments is to facilitate entrepreneurship and help existing businesses grow.ABK BIOMEDICAL INC. PIC assesses risk and makes investment decisionsMike Manganobased on the criteria listed on our website.Our basic155 Chain Lake Driveunderlying motive is a belief that a strong and vibrantUnit 32economy is constructed by growing one business at aHalifax, NS B3S 1B3time.Our intent is to enhance our return by bringingABK Biomedical Incorporated is a medical device company developing products to simplify clinical procedures performed by interventional some expertise to the business. radiologists. The companys lead product, Eye90 microspheres is a novel technology for radioembolization made with a proprietary, This past year PIC made 2 new minority investmentsradiopaque glass composition for in-procedure visualization. This is a in companies that fit our investment thesisThreeminimally invasive therapy for treating liver tumors.The other product Farmers and the new Westcap MBO Fund III.Follow- is Easi-Vue embolic microspheres, a radiopaque embolization device allowing direct visualization of the microspheres implant during the on investments were made in 3 minority companiesembolization procedure.Med-Life, HeartHero and Coconut Softwares recent $28 million Series B funding round.COCONUT SOFTWAREWe are pleased to report that it was a harvest yearKatherine Regnierwith three exits in our portfolio - Verdient Foods,Suite 102121Mother Labs (formerly Ecobain Gardens) andResearch Drive Defyrus. Ingredion acquired our minority interestSaskatoon, SKS7N 1K2in Verdient Foods and we are proud to have beenCoconut Software makes it effortless for customers to connect with part of the journey to build the plant based foodtheir financial institution. Their enterprise appointment scheduling sector in Saskatchewan by helping bring one of theand lobby management solutions are used by leading banks and credit unions across North America, including RBC Royal Bank, worlds leading food ingredient manufacturers toArvest Bank, Vancity and Rogue Credit Union. The result? A seamless Saskatchewan. customer experience thats improved NPS scores, reduced wait times and increased conversion rates for the organizations who use it. PICs minority investment portfolio now consistsFounded in 2011, Coconut Software is headquartered in Saskatoon, of 22 companies. SK with offices in Toronto, ON.PIC GROUP 2021 ANNUAL PROFILE 7'