 | CST Trust Company P.O. Box 4202, Postal Station A Toronto, ON M5W 0E4 Tel: 416.682.3800 Fax: 1.877.715.0494 www.canstockta.com Global Resources • Local Service • Customized Solutions |
| April 27, 2017 | AMENDED |
| Nova Scotia Securities Commission | Securities Commission of Newfoundland and Labrador |
| Alberta Securities Commission | Saskatchewan Financial and Consumer Affairs Authority |
| Manitoba Securities Commission | New Brunswick Financial and Consumer Services Commission |
| Ontario Securities Commission | British Columbia Securities Commission |
| Superintendent of Securities, Prince Edward Island | Autorité des marchés financiers |
| Superintendent of Securities, Northwest Territories | Superintendent of Securities, Yukon Territory |
| Superintendent of Securities, Nunavut |
RE: Sears Canada Inc.
Pursuant to a request from the above-mentioned reporting issuer, we wish to advise you of the following information in connection with its Annual Meeting of Shareholders:
| Date of meeting: | June 14, 2017 |
| Record date for notice: | April 18, 2017 |
| Record date for voting: | April 18, 2017 |
| Beneficial ownership determination date: | April 18, 2017 |
| Securities entitled to notice: | Common Shares |
| Securities entitled to vote: | Common Shares |
| Issuer mailing directly to non-objecting beneficial owners: | No |
| Issuer will pay for objecting beneficial owner material distribution: | Yes |
| Issuer using notice-and-access for registered investors: | Yes |
| Issuer using notice-and-access for non-registered investors: | Yes |
| Notice-and-access stratification criteria: | Yes |
The reporting issuer intends to use the notice-and-access mechanism to send proxy-related materials to :
BeneficialShareholders
The Corporation will be using Notice-and-Access for delivery of the Management Proxy Circular and Annual Report to all beneficial shareholders. Beneficial shareholders will be sent notice of the meeting and their voting instruction form by mail or, if they have consented to electronic delivery, by e-mail.
RegisteredShareholders
Pursuant to an exemption obtained by the Corporation under the Canada Business Corporations Act (CBCA), the Corporation will be using Notice-and-Access for delivery of the Management Proxy Circular to all registered shareholders. Notice of the meeting, copies of a proxy form and the Corporation’s Annual Report will be sent to registered shareholders (except those who have previously declined) by mail or, if they have consented to electronic delivery, by email.
Sincerely,
Judy Power
Associate Manager, Trust Central Services