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Aroma Espresso Bar

Overview: In February of 2014 a member of the Palm Holdings group purchased an interest in an Aroma Espresso Bar location in Toronto's Core, Bay and Dundas and in April 2015 a second location in York and Queens Quay. Aroma Espresso Bar was founded in 1994, and has been making one of Toronto's best-tasting coffees since. The longevity and success of the franchise is attributed to dedication and strong adherence to high standards. These standards, which have remained consistent since the first day Aroma Espresso Bar opened its doors, include premium coffee, fresh delicious salads, a large variety of healthy sandwiches, competitive prices, contemporary decor, and devoted service. The Aroma chain serves more than 25 million customers a year and boasts over 150 branches worldwide.

Project: Palm Holdings continues to expand on the opportunities presented to grow their interest in the quick service food category as well as with this particular brand. The group's focus is to continue to capitalize on tier one franchise opportunities, extending their hospitality offerings.

· 562 Bay Street, Toronto, Ontario
· 88 Queen's Quay, Toronto, Ontario
Website: www.aroma.ca

The legal entities of each of the businesses may have different ownership structures and have different boards not least because of Joint Venture agreements and funding arrangements but one or more of the Executives are normally involved in each separate legal entity whether through direct/indirect share ownership and/or board representation. The different legal entities are not in partnership with one another nor held out as such and do not have any liability (save under specific contractual arrangements) for one another's liabilities. None of these legal entities have any power, authority, or capacity to bind any other legal entity listed.