Christenson – Reverse Life Lease Claims Process

NOTICE TO THE LIFE LEASE CLAIMANTS OF CHRISTENSON EQUITIES LTD., CHRISTENSON COMMUNITIES LTD., DEVONSHIRE VILLAGE LTD., DEVONSHIRE MEWS LTD., DEVONSHIRE MANOR LTD., ROYAL OAK DEV. LACOMBE LTD., CITADEL MEWS LTD., BEDFORD VILLAGE LTD., GLASTONBURY MEWS LTD., GLASTONBURY VILLAGE LTD., CHRISTENSON VILLAGE AT WESTMOUNT LTD., TIMBERSTONE COMMUNITIES LTD., PARK AVENUE AT CREEKSIDE LTD., WHITECOURT VILLAGE LTD., CHRISTENSON DEVELOPMENTS LTD., WESTMOUNT SECURITY CORP., TIMBERSTONE MEWS SECURITY CORP., SOUTHWOODS SECURITY CORP., ROYAL OAK MORTGAGE SECURITY SERVICES INC., GLASTONBURY SECURITY CORP., DEVONSHIRE SECURITY CORP., PARK AVENUE SECURITY CORP., BEDFORD SECURITY CORP., NETWORK CONSULTING CORPORATION, 585436 ALBERTA LTD. and 1831993 ALBERTA LTD. (collectively, the “Christenson Group”)

RE: NOTICE OF THE REVERSE LIFE LEASE CLAIMS PROCESS FOR THE CHRISTENSON GROUP PURSUANT TO THE COMPANIES’ CREDITORS ARRANGEMENT ACT (“CCAA”)

This notice is being published pursuant to an Order of the Court of King’s Bench of Alberta dated November 17, 2025 (the “Reverse Life Lease Claims Process Order”) which approved a claims process for the determination of certain life lease claims against the Christenson Group and or their Directors and or Officers. Any capitalized terms used but not defined herein have the meanings ascribed to them in the Reverse Life Lease Claims Process Order.

A copy of the Reverse Life Lease Claims Process Order and other public information concerning the CCAA proceedings can be obtained on the website of Ernst and Young Inc., the Court Appointed Monitor of the Christenson Group (the “Monitor”) at www.ey.com/ca/Christenson. Any person who may have a claim against any of Christenson Group entities and or any of their Directors and or Officers related to a current or past life lease should carefully review and comply with the Reverse Life Lease Claims Process Order and the related General Claims Process Order.

Any person having a Life Lease Claim against any of the Christenson Group entities and or any of their Directors and or Officers arising or relating to the period, is encouraged to contact Representative Counsel appointed to such Life Lease Claimants and or the Monitor for further information. The contact information for the Monitor and or Representative Counsel is as follows:

The Monitor
Ernst and Young Inc.
Court appointed Monitor of the Christenson Group
EPCOR Tower, 10423 - 101 Street, Suite 1400
PO Box 44
Edmonton, AB T5H 0E7

Attention: Evan MacKinnon
Email: [email protected]
Phone: 780.441.2447

Representative Counsel

MLT Aikins LLP
(For Timberstone Mews, Westmount Village, Royal Oak Village and Devonshire Village Communities)
10235 101 Street NW, Suite 2200
Edmonton, AB T5J 3G1

Lawyer: Dana Nowak
Email: [email protected]

and

Witten LLP
(For Glastonbury Mews, Bedford Village, Southwoods Court North, Park Avenue and Citadel Mews East Communities)
10303 Jasper Avenue NW, Suite 2500
Edmonton, AB T5J 3N6

Lawyers: Andrea Steen / Bren Cargill
Email: [email protected]