Leading Independent Proxy Advisor ISS Recommends NAPEC Shareholders and Warrantholders Vote FOR the Arrangement Resolution - Seite 2

How To Vote

NAPEC Shareholders and Warrantholders: be sure to vote your proxy before Thursday, February 1, 2018 at 5:00 p.m. (Eastern time). For more information and assistance in voting your proxy, please contact:

Kingsdale Advisors

Toll-free: 1-855-682-4840 (within North America)

Collect: 416-867-2272 (outside of North America)

Email: [e-mail]

NAPEC will hold its special meeting of shareholders and warrantholders at the Hotel Omni Mont-Royal, 1050 Sherbrooke Street West, Montreal, Quebec, H3A 2R6. The special meeting will begin at 11:00 a.m. (Eastern Time) on Monday, February 5, 2018.

Overview of the Company

NAPEC is a company operating in the energy sector. The Company is a leading provider of construction and maintenance services to the public utility and heavy industrial markets, mainly in Quebec, Ontario and the eastern United States. NAPEC and its subsidiaries build and maintain utility electrical and natural gas transmission and distribution systems and related energy infrastructure. The Company also installs gas‐powered and electric‐powered heavy equipment for utilities, gas‐fired industrial power plants and petrochemical facilities in North America. The Company also offers environmental construction and road matting services. Additional information on NAPEC can be found in the SEDAR database (www.sedar.com) and on the Company's website, at www.napec.ca.

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with US$100 billion in assets under management as of September 30, 2017. The firm emphasizes an opportunistic, value‐oriented and risk‐controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Since its inception in 1995, Oaktree's Power Opportunities strategy has focused exclusively on providing capital to leading companies that provide equipment, services, software and infrastructure used in the electric power and natural gas industries. Headquartered in Los Angeles, Oaktree has over 900 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree's website at www.oaktreecapital.com.