Lease of West Annex Office Space

The Lease will be coterminous with the sublease between BPC Coliseum Inc. and the Tenant dated June 16, 2005, as amended and extended by a Sublease Extension and Amending Agreement dated July 1, 2025 (collectively, the "Sublease"), and consented to by the City and the Board, as head landlord. The Lease will contain an option to extend the term for a further ten (10) years, to June 30, 2045, contingent upon the Tenant exercising its corresponding option to extend the Sublease and will be substantially on the terms and conditions in Appendix A.

June 30, 2035, with an option to extend the term for a further ten (10) years expiring June 30, 2045, contingent on the tenant exercising its corresponding option to extend the sublease of the premises at the Coca Cola Coliseum, for the premises set out in Appendix "B" and substantially on the terms and conditions set out in Appendix "A" and Confidential Attachment 1, and such other and amended terms and conditions deemed appropriate by the City's approving authority and the Chief Executive Officer, Exhibition Place (the "CEO"), and in a form satisfactory to the City Solicitor. 2. The Board of Governors of Exhibition Place authorize the Chief Executive Officer to request the necessary City authorities to approve and enter into the Lease. 3. The Board of Governors of Exhibition Place direct that the confidential information contained in Confidential Attachment 1 to this report remain confidential, as this report deals with a proposed or pending acquisition or disposition of land by the City and the Board.