Q2 2024

7 MONTONI, the Fonds immobilier de solidarité FTQ and Montez Corporation, the partners in the Espace Montmorency development, are proud to announce the opening of the new Courtyard by Marriott® hotel in the heart of Laval's new downtown. Located at 500 rue Lucien-Paiement, the establishment features 188 rooms on 10 floors, a signature restaurant and an open-air bar. This $45-million hotel project is backed by a group of investors consisting of MONTONI, the Fonds de solidarité FTQ, Cogir and Urgo Hotels & Resorts Canada, which will also manage the hotel. The latter is the Canadian subsidiary of HHM Hotels, internationally renowned for its expertise and high-quality administration. Espace Montmorency is notable for its green design, which adheres to the most stringent sustainability standards, an increasingly important selection criterion for small businesses and large corporations, both Québec-based and international, that are adopting carbon neutrality targets. A new business destination Business clientele demand is continuing to increase in Montréal Metropolitan Region and in Laval specifically. The Courtyard by Marriott® Montréal Laval, connected directly to Montmorency métro station by an underground tunnel, meets that growing demand and will become a destination of choice for corporate clients looking to organize conventions and events in Laval and seeking business travel accommodations. Hotel guests have access to all services offered in the Espace Montmorency complex, as well as a business centre for meetings, individual work spaces, reception halls, a restaurant, open-air bar and exclusive terrasses, access to the complex's 60,000-square-foot green inner courtyard, as well as to its indoor parking garage. The new establishment's location is ideal for business customers, with a tunnel connecting it to Montréal via the metro, and both the Palace Convention Centre and Place Bell arena just steps away. LEED Gold certifications Espace Montmorency was planned according to rigorous environmental values designed to make it a benchmark mixed-use property for the future. Commitment to the principles of sustainable development was a key driver of the project's development. Today, these measures are paying off in the form of energy savings of more than 50%, with the complex's energy loop resulting in a 92% decrease in greenhouse gas (GHG) emissions. Espace Montmorency has obtained LEED for Neighbourhood Development Gold certification. The partners also targeted LEED Gold certification for the buildings' cores and shells, reflecting: • Water savings of 45% • Use of 15% recycled materials • Use of 35% regional content A NEW SUSTAINABLY BUILT HOTEL IN LAVAL: COURTYARD BY MARRIOTT® OPENS AT ESPACE MONTMORENCY

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