On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas pursuant to Order in Council 939/2022, Kevan Cowan was appointed as a part-time director of the Ontario Securities Commission for a period not exceeding two (2) years;

Now therefore, pursuant to subsection 8(3) of the Securities Commission Act, 2021,

Kevan Cowan of Toronto

is designated as chair of the Ontario Securities Commission for the term of his appointment as a part-time director, effective the date that this Order in Council is made.

Ministry of Finance

Approved and Ordered: December 15, 2022