Page 13 - CEO Orientation

The preliminary integration analysis by the Joint Board Steering Committee is complete and the boards
have identified no significant barriers or risks that would prevent the organizations from moving forward
in their proposal to Catholic Health Sponsors of Ontario and the Toronto Central LHIN to create a new
health network.

Based on the findings in the integration analysis and to realize these significant benefits for patients,
partners and communities the three organizations serve, the boards of directors are proposing the new
health network be led by a single governing body with a single management team, led by one president
and CEO. An integrated medical staff model that complies with the Public Hospitals Act and maintains
all legal requirements and current affiliation agreements and appointments will also allow for
opportunities to share best practices and common quality improvement structures across an integrated
organization while enabling physicians to maintain their current practice models at each site.

Contingent on the endorsement of the Toronto Central LHIN of this proposal and no material risks
emerging in our next phase of due diligence and transition preparedness, a final decision to integrate
will be considered by the Joint Board Steering Committee, each organization’s board and Catholic Health
Sponsors of Ontario. The intent is to transition to the new network, at the earliest, as of August 1, 2017.

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