LBS Expands Top-Tier Analyst Ranking Status Institutional Equity Department As recognition of our continuous effort to provide top-tier quality research to our clients, Laurentian Bank Securities is proud to announce that in the prestigious Thomson Reuters Canada 2017 Analyst Awards (formerly StarMine Awards), five of our analyst teams have ranked within the Top 3 of Thomson Reuters’ awards categories, including a #1 ranking in three categories. In the top stock picking category, Mona Nazir (#1, Diversified Industrials), Nick Agostino (#1, Software & IT), and Ryan Hanley (#3, Overall Stock Picking). In the earnings estimation category, Marc Charbin (#2, Financial Services) and Health Care (#1).

1. LBS Expands Top-Tier Analyst Ranking Status
As recognition of our continuous effort to provide top-tier quality research to our clients, Laurentian Bank Securities is
proud to announce that in the prestigious Thomson Reuters Canada 2017 Analyst Awards (formerly StarMine Awards),
five of our analyst teams have ranked within the Top 3 of Thomson Reuters’ awards categories, including a #1 ranking
in three categories.
 Mona Nazir ranked #1 in stock picking for Diversified Industrials; as a model of consistency Mona ranked #2
in this category in 2016
 Nick Agostino ranked #1 in stock picking for Software & IT Services
 Marc Charbin ranked #2 in earnings estimation accuracy for Financial Services
 In Health Care, our team ranked #1 in earnings estimation accuracy, and follows #3 rankings for both the stock
picking and earnings estimation categories in 2016
 In the Overall Stock Picking category, our mining analyst Ryan Hanley ranked #3
The official results were published in The Globe and Mail on Friday, June 16th.
Laurentian Bank Securities has become synonymous with finding strong growth companies that have provided
exceptional returns for our clients. Our 2016 preferred picks returned 27.8% (equal weighted) beating the S&P/TSX
Composite Index’s return of 20.2%. Our LBS coverage universe returned a strong 20.3% (Figure 1).
Figure 1. 2016 LBS Preferred Picks vs. LBS Coverage vs. S&P/TSX Small Cap Index
Please join me in congratulating our Top Ranked Analysts!
Regards,
Ben Vendittelli, MBA, CFA
Premier vice-président, Chef Institutionnel actions | Senior Vice-President, Head of Equities