Air Canada 2013 Annual Report Download - page 147

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Investor and Shareholder Information
Price Range and Trading Volume of Air Canada Variable Voting Shares (AC.A)
Price Range and Trading Volume of Air Canada Voting Shares (AC.B)
Designed and produced in-house by the
Air Canada Multimedia Centre
Printing: RR Donnelley
Ce rapport annuel est publié dans les deux
langues officielles du Canada. Pour en
recevoir un exemplaire en français, veuillez
communiquer avec les Relations avec les
actionnaires.
For Further Information
Shareholder Relations
Telephone: 514-422-6644
Facsimile: 514-422-0296
shareholders.actionnair[email protected]
Investor Relations
Telephone: 514-422-7849
Facsimile: 514-422-7877
investors.investisseurs@aircanada.ca
Head Office
Air Canada Centre
7373 Côte-Vertu Boulevard West
Saint-Laurent, Quebec H4S 1Z3
Internet
aircanada.com
Air Canada complies with the rules
adopted by the Toronto Stock Exchange.
Transfer Agent and Registrar
CST Trust Company
Telephone: 1-800-387-0825
Duplicate Communication
Shareholders receiving more than one copy
are requested to call 1-800-387-0825 or
write to the Transfer Agent and Registrar at
the following address:
2001 University Street, Suite 1600,
Montreal, Quebec H3A 2A6
Inquiries may also be submitted by email
to [email protected]
2013 High Low Volume Traded
1st Quarter $ 3.16 $ 1.70 3,761,970
2nd Quarter $ 3.39 $ 1.96 5,494,997
3rd Quarter $ 3.73 $ 2.08 7,523,963
4th Quarter $ 8.00 $ 3.43 13,472,545
30,253,475
2013 High Low Volume Traded
1st Quarter $ 3.13 $ 1.75 82,141,435
2nd Quarter $ 3.40 $ 1.96 157,040,018
3rd Quarter $ 3.72 $ 2.07 130,185,811
4th Quarter $ 8.00 $ 3.45 210,816,041
580,183,305
ENGLISH OR FRENCH, IT’S THE CLIENT’S CHOICE
Official Languages at Air Canada
For Air Canada, offering service in the language chosen by its customers is essential. Verbal exchanges with clients, public-address
announcements at the airport and on board as well as briefing of passengers with special needs all constitute the very heart of customer
service and call upon our employees linguistic skills at all times. Our consideration to bilingualism not only makes good sense customer-
wise, but also supports our legal obligations to serve the public in the two official languages of Canada.
Air Canada puts great efforts to better serve clients in the language of their choice. It is through reach-out activities with the minority
language communities as well as ongoing employee awareness and training that we can face the daily challenges, whether it is the
growing difficulty to recruit bilingual candidates outside the province of Quebec and the national capital region, or for our employees to
maintain their language skills with very little opportunities to practice the acquired language in some regions of the country.
Restrictions on Voting Securities
Currently, the Air Canada Public Participation Act (ACPPA) limits ownership of Air
Canada’s voting interests by non-residents of Canada to a maximum of 25%. The Canada
Transportation Act (CTA) also requires that Canadians own and control at least 75% of the
voting interests of licensed Canadian carriers. Accordingly, Air Canada's articles contain
restrictions to ensure that it remains “Canadian” as defined under the CTA. The restric-
tions provide that non-Canadians can only hold variable voting shares of Air Canada, that
such variable voting shares will not carry more than 25% (or any higher percentage that
the Governor in Council may by regulation specify) of the aggregate votes attached to all
issued and outstanding voting shares and that the total number of votes cast by the hold-
ers of such variable voting shares at any meeting of shareholders will not exceed 25% (or
any such higher percentage) of the votes that may be cast at such meeting.
The Government of Canada's Bill C-10, the Budget Implementation Act 2009, contains provi-
sions whereby the restrictions on voting securities in the ACPPA would be repealed and
the CTA would be amended to provide the Governor in Council with flexibility to increase
the foreign ownership limit from the existing 25% level to a maximum of 49%. These
provisions will come into force on a date to be fixed by order of the Governor in Council
made on the recommendation of the Minister of Finance, in the case of the ACPPA, and
on the recommendation of the Minister of Transport, in the case of the CTA.