Forward looking Information

The following disclaimers are in addition to all other disclaimers and cautionary statements contained elsewhere in or referenced by the TMX.com website.

This website may contain "forward-looking information" (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections as of the date of the content is published on this website. Wherever possible, words such as "anticipate", "believe", "expects", "intend" and similar expressions have been used to identify these forward-looking statements. Information on this website has been furnished for your information only, is accurate at the time of posting, and may be superseded by more current information. Except as required by law, we do not undertake any obligation to update the information, whether as a result of new information, future events or otherwise.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of TMX to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Important additional information identifying risks and uncertainties and other factors is contained in the management's discussion and analysis portion of the TMX's most recent annual and quarterly reports under the headings entitled "Caution Regarding Forward-Looking Information" and "Risks and Uncertainties". These documents may be accessed in this Investor Relations section under the heading Regulatory Filings.

Non-GAAP Measures

We use non-GAAP measures and non-GAAP ratios that do not have standardized meanings prescribed by GAAP and are, therefore, unlikely to be comparable to similar measures presented by other companies. Management uses these measures, and excludes certain items, because it believes doing so provides investors a more effective analysis of underlying operating and financial performance, including, in some cases, our ability to generate cash and our ability to repay debt. Management also uses these measures to more effectively measure performance over time, and excluding these items increases comparability across period. The exclusion of certain items does not imply that they are non-recurring or not useful to investors.