Prepaid Cards Class Action

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY TO DETERMINE IF YOU QUALIFY UNDER THIS SETTLEMENT.

I. WHO IS ELIGIBLE TO MAKE A CLAIM

In order to receive compensation under this Settlement, a person must:

have purchased, anywhere in Quebec, between May 9, 2019 and February 11, 2026, a prepaid card such as the "Vanilla," "Perfect Gift" or "American Express" cards issued and/or distributed by Peoples Trust (a "Prepaid Card"); and
have purchased the Prepaid Card as a consumer (i.e. not as a company); and
not have opted-out of the Class Action; and
complete the Claim Form by July 8, 2026 (the "Claim Deadline") in compliance with the instructions below, attesting that he or she purchased at least one Prepaid Card in Quebec during the Class Period, specifying the city in which the purchase was made, and providing a valid email address where an Interac e-Transfer can be sent. No other proof of purchase is required.

The Settlement Administrator will review all the Claim Forms duly submitted on or before the Claim Deadline to determine the validity of the claim of each claimant. All Class Members whose claims are validated and approved by the Settlement Administrator are "Approved Claimants" under the Settlement. Any dispute regarding an assessment by the Settlement Administrator respecting the validity and approval of a claim submitted by a Class Member shall be referred to the Settlement Administrator for reassessment, and the Settlement Administrator's decision on the said reassessment shall be final.

II. COMPENSATION DETAILS

Each Approved Claimant (as defined above) will receive one Interac e-Transfer by email.
The dollar value of each Interac e-Transfer will be equal to the Distribution Fund (as defined in the Settlement Agreement) divided by the total number of Approved Claimants, with a minimum value of $3.00 and a maximum value of $100.00 per Interac e-Transfer depending on the total number of Approved Claimants.
There will be a maximum of one Interac e-Transfer for each Approved Claimant no matter how many Prepaid Cards they purchased in Quebec during the Class Period, unless the Court orders a redistribution.
Compensation in the form of an Interac e-Transfer can only be sent to a valid e-mail address.
If the number of Approved Claimants is such that the value of each Interac e-Transfer would be less than $3.00, no Interac e-Transfer will be sent to any Approved Claimant, and the Distribution Fund will instead be distributed to charities approved by the Court.

PLEASE CONTACT CLASS COUNSEL OR THE SETTLEMENT ADMINISTRATOR — NOT THE COURT, THE DEFENDANTS, OR THEIR COUNSEL — FOR ANY FURTHER INFORMATION.