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Shareholder Information

ANALYST COVERAGE

Please note that any opinions, estimates or forecasts regarding TFI International’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of TFI International or its management.

Firm
Analyst
Phone
BMO Capital Markets
Fadi Chamoun
416 359-6775
CIBC World Markets
Kevin Chiang
416 594-7198
Cormark Securities
David Ocampo
416 943-4232
Cowen and Company
Jason H. Seidl
646 562-1404
Desjardins Securities
Benoit Poirier
514 281-8653
Echelon Wealth Partners
Gianluca Tucci
647 794-1926
Industrial Alliance Securities
Nav Malik
437 828-6456
Laurentian Bank Securities
Mona Nazir
514 350-2964
National Bank Financial
Cameron Doerksen
514 879-2579
RBC Capital Markets
Walter Spracklin
416 842-7877
Scotia Capital
Konark Gupta
416 865-6337
Stephens
Jack Atkins
501 377-2298
Stifel
David G. Ross
786 257-2413
TD Securities
Damir Gunja
416 983-4186

TFI International invites those people considering an investment in the Company to consult with an independent, professional advisor before making such a decision.

DIVIDEND POLICY

The following lists the most recent dividends declared by TFI International’s Board of Directors on the Company’s common shares.

Record Date
Payment Date
Dividend (per share)
June 28, 2019
July 15, 2019
$0.24
March 29, 2019
April 15, 2019
$0.24
December 31, 2018
January 15, 2019
$0.24
September 28, 2018
October 15, 2018
$0.21
June 29, 2018
July 16, 2018
$0.21
March 29, 2018
April 16, 2018
$0.21
December 29, 2017
January 15, 2018
$0.21
September 30, 2017
October 16, 2017
$0.19
June 30, 2017
July 17, 2017
$0.19
March 31, 2017
April 17, 2017
$0.19
December 30, 2016
January 16, 2017
$0.19
September 30, 2016
October 17, 2016
$0.17
June 30, 2016
July 15, 2016
$0.17
March 31, 2016
April 15, 2016
$0.17
December 31, 2015
January 15, 2016
$0.17
September 30, 2015
October 15, 2015
$0.17
June 30, 2015
July 15, 2015
$0.17
March 31, 2015
April 15, 2015
$0.17
December 31, 2014
January 15, 2015
$0.17
September 30, 2014
October 15, 2014
$0.145
June 30, 2014
July 15, 2014
$0.145
March 31, 2014
April 15, 2014
$0.145
December 31, 2013
January 15, 2014
$0.145
September 30, 2013
October 15, 2013
$0.13
June 28, 2013
July 15, 2013
$0.13
March 29, 2013
April 15, 2013
$0.13
December 31, 2012
January 15, 2013
$0.13
September 28, 2012
October 15, 2012
$0.13
June 30, 2012
July 16, 2012
$0.13
March 30, 2012
April 16, 2012
$0.115
December 30, 2011
January 16, 2012
$0.115

Following several acquisitions, some dividends paid were not designated as eligible dividends as they were derived from earnings of acquired companies that were taxed at lower rates. The following table provides the quarterly dividends per share paid including a non-eligible portion:

Payment Date
Eligible Dividend
Non-Eligible Dividend
Total Dividend
January 15, 2019
$0.229808
$0.010192
$0.24
January 16, 2017
$0.168254
$0.021746
$0.19
July 15, 2015
$0.103731
$0.066269
$0.17
April 15, 2015
$0.102418
$0.067582
$0.17
January 15, 2015
$0.102495
$0.067505
$0.17
AUDITOR & TRANSFER AGENT
Auditor
Transfer Agent and Registrar
KPMG LLP
600 De Maisonneuve Blvd W.
Montreal, QC
H3A 3J2

For any questions concerning changes to share registration, changes of address, distributions (if any), lost share certificates, the transfer of estates, or to advise of correspondence that has been sent in duplicate, shareholders are asked to contact the TFI International Inc. transfer agent:

Computershare Trust Company of Canada
100 University Avenue, 8th Floor
Toronto, Ontario
M5J 2Y1
Toll free telephone: 1 800 564-6253