b'INVESTMENT SUMMARY|2020summary The reason PIC Investment Group Inc.EQUITY INVESTMENT COMPANIESnegotiates and participates in minority investments is to facilitate entrepreneurship and help existing businesses grow. PIC assesses risk and makes investment decisionsABK BIOMEDICAL INC. based on the criteria listed on our website.OurMike Manganobasic underlying motive is a belief that a strong155 Chain Lake Driveand vibrant economy is constructed by growingUnit 32one business at a time.Our intent is to enhanceHalifax, NS B3S 1B3our return by bringing some expertise to theABK Biomedical Incorporated is a medical device company developing business. products to simplify clinical procedures performed by interventional radiologists. The companys lead product, OccluSystem is focused This past year PIC made two new minorityon in uterine fibroid embolization (UFE). OccluSystem delivers novel radiopaque embolic agent with improved visibility during embolization investments in early stage impactful companiesfor improved safety and ease of use. Human in Motion Robotics in Surrey, BC and TeamLinkt in Saskatoon, SK. Follow-on investments were made in two minorityCOCONUT SOFTWAREcompanies. Katherine RegnierCOVID caused PIC to put a hold on newSuite 102121investment opportunities for several months Research Drive Saskatoon, SKS7N 1K2as the focus turned inwards to survey the health of existing portfolio companies.Some wereCoconut Software is an innovative web-based company that is poised to dominate the Enterprise Customer Engagement space. impacted more than others but we are proud toLarge corporations and financial institutions have a huge problem: say that all have been able to weather the storm,they have no way to allow their customers to book online, and thanks to their exceptional leadership teams. with that, they have to manage staff scheduling and resources. Corporations reached out to Coconut Software and approximately PICs minority investment portfolio now95% of their customers have reported an increase in money and a decrease in time spent. Other customers have chosen to use it as an consists of 23 companies. internal resource to manage staff and resource schedules.PIC GROUP 2020 ANNUAL PROFILE 7'