S.M. Group International  Annual Report  2013  Partner Company Summaries 8  Note:  Please refer to the Annual Information Form dated March 31, 2014 for more information on Private Company Partners,  including, without limitation, how the annualized distribution is calculated.  Percentage of Alaris’ total revenue 8% Percentage of Alaris’ total revenue 8% Solowave  Business Description:  SMi is a privately owned company founded in 1972 which specializes in the delivery of integrated  scientific, engineering and IT solutions dedicated to the areas of buildings, energy, energy efficiency,  environment, industry, infrastructure, natural resources, power, security, telecommunications and  materials testing. In addition, SMi operates microbiological and chemical analysis labs in the areas  of environmental protection, agriculture, food security and their manufacturing processes, as well  as cosmetics and certain pharmaceutical industry products. Active in more than 30 countries, SMi  has over 1,600 professionals and specialists who are dedicated to delivering innovative and fully  integrated solutions. SMi provides its services to a broad scope of clients including local  corporations, multinationals, institutions, as well as government bodies at every level, including state  owned enterprises.  Industry: Industrials:  Engineering and construction  services Capital Invested:  $30.00m  Annualized Distribution:  $4.80m  Distribution collar:  +/- 6%  Year end:  December 31  Website:  www.groupesm.com  Partner since:  November 2013  Business Description:  Solowave is a manufacturer of residential, ready-to-assemble wooden play centers as well as  modular wooden structures for the DIY home owner. Solowave's products are sold under the brand  names Big Backyard, Cedar Summit Premium Play Sets and Yardistry. Through new product  development, quality and innovation, as well as its decades of experience in the industry, Solowave  has established itself as one of the leading manufacturers of wooden play centers worldwide.  Solowave has operations in Canada, the United States and Asia, and sells globally in North America,  Europe, Australia, and the United Arab Emirates. Solowave sells its play sets to major retail dealers  such as Toys R Us, Costco, Target, Rona, and Canadian Tire.  Industry: Consumer Discretionary:  Outdoor wooden  play set manufacturing Capital Invested:  $32.50m  Annualized Distribution:  $4.83m  Distribution collar:  +/- 6%  Year end:  October 31  Website:  www.solowave.com  Partner since:  December 2010 