2 PFACANTITRUST POLICY

PET FOOD ASSOCIATION OF CANADA COMPLIANCE POLICY: COMPETITION ACT It is the unqualified policy of the Pet Food Association of Canada to comply fully with the Competition Act (Canada). This policy prohibits any discussions that constitute or imply an agreement or understanding concerning the following or any other provision of The Competition Act: 1) Prices, discounts, or terms or conditions of sale; 2) Profits or profit margins or cost data; 3) Market shares, sales territories or markets; 4) Allocation of customers or territories; 5) Selection, rejection or termination of customers or suppliers; 6) Restricting the territory or markets in which a company may resell products; 7) restriction of the customers to whom a company may sell; or 8) any matter which is inconsistent with the proposition that each manufacturer, wholesaler and distributor must exercise its independent business judgment in pricing its services or products, dealing with its customers and suppliers and choosing markets in which it will compete.