Performance

Strong, Consistent Results

ONCAP places significant value on consistent performance with a strong focus on downside protection. ONCAP operates with a philosophy of “every deal counts”. Over our 26-year history, we have completed 38 platform investments and over 200 add-on investments, with only one realized impairment.

ONCAP I

C$400 million Established January 2000 Six Platform Investments 15 Add-on Acquisitions Fully Realized

ONCAP II

C$574 million Established May 2006 Eight Platform Investments 97 Add-on Acquisitions Fully Realized

ONCAP III

C$800 million Established September 2011 Eight Platform Investments 47 Add-on Acquisitions Six Realizations Fully Invested

ONCAP IV

US$1.1 billion Established November 2016 13 Platform Investments 53 Add-on Acquisitions One Realization

ONCAP V

US$1.3 billion Established March 2025 6 Platform Investments 2 Add-on Acquisitions

_{The investment in Pure Canadian Gaming is split approximately 80%/20% between ONCAP II and III respectively.
The investment in Tecta America is split approximately 50%/50% between ONCAP III and IV, respectively. Add-on acquisitions for Tecta America are included in both ONCAP III / ONCAP IV.}