Business Continuity Plan

Jennings Capital Inc and Jennings Capital (USA) Inc have developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If our primary site is affected by a significant business disruption, we will resume business from our alternate location. All phone calls and system functions will be automatically rerouted to our alternate site. Our website will also be updated with any required information in the event of a business disruption.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical suppliers, contractors, banks and counter party impact; regulatory reporting; and prompt access to client funds and securities for institutional customers with trades pending, if we are unable to continue our business.

Our clearing firm, NBCN, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within 48-72 hours. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is
located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. Regardless of the severity of the foregoing disruptions, we will transfer our operations to a local site powered by a diesel generator if required and expect to recover and resume business within 48-72 hours. In all of these situations, we plan to continue in business, transfers operations to our alternate site and notify you through our website. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure clients with pending trades prompt access to their funds and securities.

For more information – If you have questions about our business continuity planning, you can contact us at 403-292-9328

Suite 2600, 520 - 5th Avenue SW, Calgary, AB, Canada T2P 3R7
Phone: (403) 292-0970 Fax (403) 292-0979

Suite 320, 33 Yonge Street , Toronto, ON, Canada M5E 1G4
Phone: (416) 214-0600 Fax: (416) 214-0177

Suite 1225, Two Bentall Centre, 555 Burrard Street, Box 230, Vancouver, BC, Canada V7X 1M9
Phone: (604) 648-3250 Fax: (604) 648-3268

Suite 313, 1 St. West, P.O. Box 5519, High River, AB, Canada T1V 1M6
Phone: (403) 652-4032 Fax: (403) 652-4278