Petrofund

For tax purposes, holders of Petrofund’s units are required to reduce the adjusted cost base of their units by an amount equal to the cumulative cash received from cash distributions minus cumulative taxable amounts. Petrofund has developed an Adjusted Cost Base Calculator to assist unitholders in determining the current adjusted cost base for their units from the date of purchase.

Neither Petrofund nor any of its affiliates or associates represents or warrants the completeness or accuracy of any of the data contained in, or provided by, the Adjusted Cost Base Calculator. In no event shall Petrofund nor any of its affiliates or associates be liable for any damages, costs, expenses or assessments resulting from the use or misuse of any information provided hereby. This Adjusted Cost Base Calculator is provided as a courtesy for illustrative purposes only and is not intended to be relied on as legal or tax advice. Users of the Adjusted Cost Base Calculator should consult with their professional advisors with respect to the tax consequences relating to the disposition of our units, and in particular, the consequences where the adjusted cost base calculation would yield a result of less than zero.

The Adjusted Cost Base Calculator makes a number of assumptions and utilizes a number of variables, all or any of which may be subject to adjustment as such assumptions and variables may not be able to be determined until a later date. The Adjusted Cost Base Calculator does not take into account the individual circumstances of an investor, which circumstances may affect the adjusted cost base to an investor of our units.