Ativo Capital

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Ativo Capital Management LLC maintains a copyright of the text, logos and graphics con- tained throughout this presentation, except where specifically noted. All third party content and trademarks appearing within this pre- sentation are the exclusive property of their respective owners. Unauthorized modification or extraction of any material contained in this presentation is expressly prohibited. “Ativo®” is a registered trade-mark of Ativo Capital Management LLC within the United States and certain other international jurisdictions and all rights are reserved.