Winpak Ltd — Regulatory Filings 2020

Mar 3, 2020

Note: [01 Mar 2017] – The following is a consolidation of 13-501F1. It incorporates amendments to this document
that came into effect on March 1, 2017. This consolidation is provided for your convenience and should not be relied on as authoritative.

FORM 13-501F1 CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS -PARTICIPATION FEE

MANAGEMENT CERTIFICATION

I, Larry Warelis Form 13-501F1 (the Form) being submitted hereunder to the Alberta Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in the Form is complete and accurate. Lung Wareling
		March 3, 2020
Name: Larry Warelis Title: Vice President & CFO	Date:
Reporting Issuer Name:	Winpak Ltd.
End date of previous financial year:	December 29, 2019
Type of Reporting Issuer:	$[\times]$ Class 1 reporting issuer	issuer		Class 3B reporting
Highest Trading Marketplace:	Toronto Stock Exchange
Market value of listed or quoted equity securities:
Equity Symbol		WPK.
1st Specified Trading Period (dd/mm/yy)		31/12/18	to to	31/03/19
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		\$ (i)		43.1300

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		(ii)		65,000,000
Market value of class or series	$(i)$ x $(ii)$	\$ (A)		2,803,450,000
2nd Specified Trading Period (dd/mm/yy)		01/04/19	to	30/06/19
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)		43.2000
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)		65,000,000
Market value of class or series	$(iii)$ x $(iv)$	\$ (B)		2,808,000,000
3rd Specified Trading Period (dd/mm/yy)		01/07/19	to	29/09/19
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)		43.8900
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		(v i )		65,000,000
Market value of class or series	$(v)$ x $(vi)$	\$ (C)		2,852,850,000

		29/12/19
\$ (vii)		47.4600
(viii)		65,000,000
$\mathbb{S}$ (D)		3,084,900,000
	to
\$ (ix)
(x)
\$ (E)
\$		2,887,300,000
$(vii)$ x $(viii)$ $(ix) \times (x)$	30/09/19 (1)	to

(Repeat the above calculation for each other class or series of equity securities of the reporting
issuer (and a subsidiary, if applicable) that was listed or quoted on a marketplace at the end of the
previous financial ye

Fair value of outstanding debt securities:

(Provide details of how value was determined)		(2)	0.0000
Capitalization for the previous financial year	$(1) + (2)$	$\mathcal{S}$	2,887,300,000
Participation Fee		$\mathbb{S}$	28,000.0000
Late Fee, if applicable			0.0000
Total Fee Payable (Participation Fee plus Late Fee)		\$	28,000.0000