Proposal – General Info, Creditor’s Package and Other Documents

On December 9, 2024 (the “Proposal Date”), pursuant to provisions of the Bankruptcy and Insolvency Act (Canada) (“BIA”), PricewaterhouseCoopers Inc., LIT (“PwC”) in its capacity as Bankruptcy Trustee (as defined below) of Maritime Fuels Limited (“Maritime” or the “Company”), and with the approval of the Inspector in the bankruptcy estate of Maritime, filed a proposal (the “Proposal”) with the Official Receiver (the “Proposal Proceedings”).

A general meeting of creditors (the “Creditors’ Meeting”) will be held VIRTUALLY on December 20, 2024, at 12 p.m. (Atlantic time).

The link to the Creditors’ Meeting is: web.lumiagm.com/417056349

To attend the Creditors’ Meeting creditors MUST file their Proof of Claim, and where applicable a Proxy and a Voting Letter form with the Proposal Trustee as soon as possible and no later than 5 p.m. (Atlantic time) on December 19, 2024 by sending it to ca_maritimefuels@pwc.com

If you already submitted your Proof of Claim in the bankruptcy of Maritime, you do NOT need to submit another Proof of Claim. However, you may need to submit a Proxy and/or Voting Letter forms if you wish to appoint somebody to attend the Creditors’ Meeting on your behalf and vote.

You will be issued a password to join the Creditors’ Meeting after the Proposal Trustee receives your Proof of Claim form.

On December 9, 2024, the Proposal Trustee issued a Creditor’s Package to all known creditors whose email was on file. The Creditor’s Package is available at the bottom of this subpage and contains:

• Instructions Letter to Creditors;
• Notice of the Proposal,
• Report on Proposal,
• Proposal,
• Statement of Affairs with list of creditors,
• Proof of Claim form,
• Proxy form, and
• Voting Letter form.

The Creditor’s Package is provided to notify the creditors of the Proposal filing and to assist them in assessing the impacts of the Proposal on creditors’ claims.

Due to an ongoing postal strike, the Proposal Trustee was unable to mail the Creditor’s Package to those known creditors whose only mailing address was on file. The Proposal Trustee published a news release in an attempt to reach any creditors who did not receive the Creditor’s Package by email.

Any additional information with respect to this Proposal filing will be posted here as it becomes available.

If you have any questions, please email the Proposal Trustee at ca_maritimefuels@pwc.com

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