1. What is a Dividend Reinvestment Plan (DRIP)?
2. What is an Optional Share Purchase Plan (OSPP)?
3. What is the treasury purchase price?
4. What is the trading period?
5. What are the advantages of the DRIP and OSPP?
6. How do I participate?
7. Do I have to participate in both the DRIP and the OSPP or can I choose between them?
8. How do I terminate any participation in the DRIP or OSPP?
9. Do I need a separate authorization form for each account I hold?

1. What is a Dividend Reinvestment Plan (DRIP)?
The DRIP enables eligible shareholders of common shares of Pulse to accumulate additional common shares by automatically reinvesting their dividends in new common shares, at 95 percent of the treasury purchase price, without incurring brokerage fees.
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2. What is an Optional Share Purchase Plan (OSPP)?
The OSPP enables a shareholder who is already enrolled in the DRIP, other than a U.S. person, to make optional cash payments to purchase common shares from treasury at the treasury purchase price, to a maximum of $50,000 per year and a minimum $200 per remittance, without incurring brokerage fees.
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3. What is the treasury purchase price?
The treasury purchase price is calculated as the arithmetic average of the daily volume-weighted average trading price of Pulse common shares on the TSX in the trading period in which at least a board lot of common shares is traded, appropriately adjusted for certain capital changes.
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4. What is the trading period?
The trading period is the period of successive trading days commencing on the second business day after the dividend record date and ending on the second business day prior to the dividend payment date.
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5. What are the advantages of the DRIP and OSPP?
The DRIP and OSPP provide a convenient and cost-effective way for shareholders to increase their investment without incurring service charges, commissions or brokerage fees, and in the case of common shares purchased under the DRIP, at a 5 percent discount. DRIP and OSPP funds can be fully invested because fractions of common shares (as well as whole common shares) may be credited to the shareholder's account.
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6. How do I participate?
If you're a registered holder of Pulse common shares, you can become a participant by completing and delivering an authorization form to Computershare. The authorization form must be received by Computershare no fewer than two business days prior to a dividend record date in order for that period's cash dividend to be reinvested under the plan. If you are a beneficial owner of Pulse common shares you may participate in the plan by enrolling through your nominee - your broker, investment dealer, bank, trust company or other. Some firms allow participation; others do not. If your nominee firm allows participation, please provide your account manager with instructions on how you want to participate (DRIP or DRIP and OSPP, and the size of any OSPP contribution). If your nominee firm does not permit participation, you need to become a registered Pulse shareholder or transfer your shares to a firm that allows participation.
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7. Do I have to participate in both the DRIP and the OSPP or can I choose between them?
You may participate in the DRIP alone, but to participate in the OSPP you must be enrolled in the DRIP. U.S. persons may only participate in the DRIP. Other non-Canadian residents are subject to the laws of their resident jurisdiction.
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8. How do I terminate any participation in the DRIP or OSPP?
You may voluntarily terminate participation by delivering a written and signed notice to Computershare. Once terminated you will receive a certificate for the number of whole common shares previously held under the plans and a cheque for any remaining fraction of a common share.
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9. Do I need to complete a separate authorization form for each account I hold?
Yes, you will need to complete a separate authorization form for each account with which you wish to participate in the Plan.
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