Export Development Canada Presentation to Canadian Forage and Grasslands December 14, 2010

About EDC  Canada’s Export Credit Agency  Crown corporation wholly owned by Government of Canada  Financially self-sustaining  Operates on commercial principles 2

2009 Performance Highlights  Record business volume of $82.8 billion  Served 8,469 customers  Supported business in 190 countries  $18.7 billion in emerging markets  Contributed to 5% of GDP, supporting 642,000 jobs 3

Lima, Peru Supporting Business Worldwide EDC’s foreign representation 4 North America / Caribbean $50.3B (61%) Asia-Pacific $12.6B (15%) Europe $10.2B (12%) South / Central America $4.5B (5%) Africa / Middle East $5.0B (6%) % = percentage of EDC’s total business volume Location of EDC Representation Monterrey, Mexico Mexico City, Mexico Santiago, Chile Warsaw, Poland São Paulo, Brazil Moscow, Russia Rio de Janeiro, Brazil Abu Dhabi, UAE Mumbai, India New Delhi, India Beijing, People’s Republic of China Shanghai, People’s Republic of China Singapore Istanbul, Turkey Panama (Opening in September)

Risk Mitigation Insurance Products 5

Accounts Receivable Insurance  Mitigates risks in unknown markets with unknown customers  Increases margin value on operating credit  Used as a marketing tool to provide short term buyer credit 6

Political Risk Insurance Insures assets or investments against  Expropriation (creeping or outright)  Political Violence  Conversion  Breach of Contract 7

Surety and Bonding 8

Bank Guarantees Performance Security Guarantee (PSG)  Indemnifies the Bank for 100% of L/C issued in support of Bid Bond, Performance Bond or Warranty Bond.  Can be augmented with Performance Security Insurance (PSI) to cover wrongful of L/C. 9

Bank Guarantees Financial Security Guarantee (FSG)  Indemnifies the Bank for 100% of L/C issued in support of security requirements. (i.e. CGC Grain Bond, supplier deposit, foreign line of credit) 10

Financing 11

Financing Canadian Direct Investment Abroad  Provides direct financing for assets or investments abroad 12

Financing Buyer Financing  Provides term financing for buyers of Canadian goods and services (Direct and/or Indirect) 13

Financing Export Guarantee Program  Provides 50% - 90% government guarantee to Bank in order to provide additional security value for export projects  EDC shares in security held by the Bank  Guarantee Fee is for the account of the client. (0.25bps set + quarterly flat fee) 14