Melcor Developments Ltd. — Regulatory Filings 2021

Mar 17, 2021

FORM 13-502F1 CLASS 1 AND CLASS 3B REPORTING ISSUERS – PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, _____ Naomi Stefura , an officer of the reporting issuer noted below have examined this Form 13-502F1 (the Form ) being submitted hereunder to the Ontario Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in the Form is complete and accurate. (s)_____ Signed "Naomi Stefura" (CFO) ___ February 25, 2021 Name: Date: Title: Reporting Issuer Name: Melcor Developments Ltd. End date of previous financial year: December 31, 2020 Type of Reporting Issuer:  Class 1 reporting issuer  Class 3B reporting issuer Highest Trading Marketplace: Toronto Stock Exchange (refer to the definition of “highest trading marketplace” under OSC Rule 13-502 Fees_ ) Market value of listed or quoted equity securities: (in Canadian Dollars - refer to section 7.1 of OSC Rule 13-502 Fees ) Equity Symbol ____ MRD 1[st] Specified Trading Period (dd/mm/yy) (refer to the definition of “specified trading period” under OSCRule 13-502 Fees ) __ 01/01/2020 to __ 31/03/2020 Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace $______ 7.30 (i) Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period _______ 33,201,677 (ii) Market value of class or series (i) x (ii) $_______ 242,372,242 (A) 2[nd] Specified Trading Period (dd/mm/yy) (refer to the definition of “specified trading period” under OSCRule 13-502 Fees ) __ 01/04/2020 to __ 30/06/2020

Closing price of the security in the class or series
on the last trading day of the specified trading
period in which such security was listed or quoted
on the highest trading marketplace		$____(iii) 7.53
Number of securities in the class or series of such
security outstanding at the end of the last trading
day of the specified trading period		______(iv) 33,155,561
Market value of class or series	(iii) x (iv)	$______(B) 249,661,374
3rd Specified Trading Period(dd/mm/yy)
(refer to the definition of “specified trading period” under OSC	__ to __ 01/07/2020 30/09/2020
Rule 13-502_Fees_)
Closing price of the security in the class or series
on the last trading day of the specified trading
period in which such security was listed or quoted
on the highest trading marketplace		$ _____(v) 5.83
Number of securities in the class or series of such
security outstanding at the end of the last trading
day of the specified trading period		______(vi) 33,129,561
Market value of class or series	(v) x (vi)	$______(C) 193,145,341
4th Specified Trading Period(dd/mm/yy)
(refer to the definition of “specified trading period” under OSC	__ to __ 01/10/2020 31/12/2020
Rule 13-502_Fees_)
Closing price of the security in the class or series
on the last trading day of the specified trading
period in which such security was listed or quoted
on the highest trading marketplace		______(vii) 9.42
Number of securities in the class or series of such
security outstanding at the end of the last trading
day of the specified trading period		______(viii) 33,091,061
Market value of class or series	(vii) x (viii)	$______(D) 311,717,795
5th Specified Trading Period(dd/mm/yy)
(if applicable - refer to the definition of “specified trading	__ to __ N/A
period” under OSC Rule 13-502_Fees_)
Closing price of the security in the class or series
on the last trading day of the specified trading
period in which such security was listed or quoted
on the highest trading marketplace		$_____(ix)
Number of securities in the class or series of such		______(x)

security outstanding at the end of the last trading day of the specified trading period Market value of class or series (ix) x (x) $______ (E) Average Market Value of Class or Series (Calculate the simple average of the market value of the class or series of security for each applicable specified trading period (i.e. A through E above)) $_______ (1) 249,224,188

(Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and a subsidiary pursuant to paragraph 2.8(1)(c) of OSC Rule 13-502 Fees , if applicable) that was listed or quoted on a marketplace at the end of the previous financial year)

Fair value of outstanding debt securities:

(See paragraph 2.8(1)(b) , and if applicable, paragraph 2.8(1)(c) of OSC Rule 13-502 Fees ) $_______ (2)

(Provide details of how value was determined)

Capitalization for the previous financial year (1) + (2) $_______ 249,224,188 Participation Fee $_______ 13,340 (For Class 1 reporting issuers, from Appendix A of OSC Rule 13-502 Fees , select the participation fee) (For Class 3B reporting issuers, from Appendix A.1 of OSC Rule 13-502 Fees , select the participation fee) Late Fee , if applicable (As determined under section 2.7 of OSC Rule 13502 Fees ) $ ____ Total Fee Payable (Participation Fee plus Late Fee) $ ____ 13,340