MAWER INVESTMENT MANAGEMENT LTD.

PrivateCIK: 1538449

Location

CALGARY, A0

142

Positions

$14.71B

Total AUM (reported)

101.78M

Total Shares

Allocation by class

COM$8.82B60.0%

CL A$1.50B10.2%

CAP STK CL C$947.66M6.4%

COM CL A$790.05M5.4%

SPON ADS$673.18M4.6%

SHS CL A$388.62M2.6%

SHS$364.65M2.5%

Portfolio Concentration

Top 3$2.30B15.6%

4–10$3.51B23.9%

11–25$4.15B28.2%

Rest$4.75B32.3%

Top 3 weight

15.6%

Top 10 weight

39.5%

Voting Authority Distribution

Total shares with voting rights: 101.78M

Sole

Full voting authority

100.40M

% of voting shares98.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.39M

% of voting shares1.4%

Investment Discretion (by position count)

Sole142

Shared0

Other0

Dominant voting typeSole · 98.6% of voting shares

Institutional Holdings142

Rows:

ALPHABET INC

SOLE

CAP STK CL C

Shares2.68M

TypeSH

Market value$947.66M

6.44%

Sole

2.62M

Shared

0.00

None

58.51K

AMAZON COM INC

SOLE

COM

Shares3.03M

TypeSH

Market value$721.72M

4.91%

Sole

2.97M

Shared

0.00

None

62.68K

MICROSOFT CORP

SOLE

COM

Shares1.68M

TypeSH

Market value$626.63M

4.26%

Sole

1.64M

Shared

0.00

None

37.91K

SHELL PLC

SOLE

SPON ADS

Shares8.01M

TypeSH

Market value$621.39M

4.22%

Sole

7.83M

Shared

0.00

None

183.34K

NVIDIA CORPORATION

SOLE

COM

Shares3.08M

TypeSH

Market value$615.99M

4.19%

Sole

3.01M

Shared

0.00

None

71.96K

VISA INC

SOLE

COM CL A

Shares1.73M

TypeSH

Market value$593.61M

4.04%

Sole

1.69M

Shared

0.00

None

38.21K

WATERS CORP

SOLE

COM

Shares1.22M

TypeSH

Market value$456.40M

3.10%

Sole

1.20M

Shared

0.00

None

18.20K

CENCORA INC

SOLE

COM

Shares1.49M

TypeSH

Market value$421.31M

2.86%

Sole

1.46M

Shared

0.00

None

26.56K

AMPHENOL CORP

SOLE

CL A

Shares2.36M

TypeSH

Market value$415.81M

2.83%

Sole

2.33M

Shared

0.00

None

28.55K

AON PLC

SOLE

SHS CL A

Shares1.17M

TypeSH

Market value$388.62M

2.64%

Sole

1.15M

Shared

0.00

None

23.56K

AERCAP HOLDINGS NV

SOLE

SHS

Shares2.42M

TypeSH

Market value$352.82M

2.40%

Sole

2.37M

Shared

0.00

None

53.70K

WELLS FARGO & CO

SOLE

COM

Shares4.20M

TypeSH

Market value$346.68M

2.36%

Sole

4.09M

Shared

0.00

None

105.25K

NORTHROP GRUMMAN CORP

SOLE

COM

Shares667.07K

TypeSH

Market value$339.74M

2.31%

Sole

653.56K

Shared

0.00

None

13.51K

AMERICAN ELEC PWR CO INC

SOLE

COM

Shares2.28M

TypeSH

Market value$312.45M

2.12%

Sole

2.24M

Shared

0.00

None

40.74K

MARSH & MCLENNAN COS INC

SOLE

COM

Shares1.87M

TypeSH

Market value$311.87M

2.12%

Sole

1.82M

Shared

0.00

None

47.36K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares415.00

TypeSH

Market value$310.77M

2.11%

Sole

415.00

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares545.69K

TypeSH

Market value$307.38M

2.09%

Sole

528.31K

Shared

0.00

None

17.38K

JPMORGAN CHASE & CO

SOLE

COM

Shares927.80K

TypeSH

Market value$303.70M

2.06%

Sole

906.88K

Shared

0.00

None

20.92K

SOUTHERN CO

SOLE

COM

Shares3.02M

TypeSH

Market value$289.36M

1.97%

Sole

2.97M

Shared

0.00

None

56.20K

TOWER SEMICONDUCTOR LTD

SOLE

SHS NEW

Shares1.04M

TypeSH

Market value$270.57M

1.84%

Sole

1.02M

Shared

0.00

None

15.60K

INTERCONTINENTAL EXCHANGE IN

SOLE

COM

Shares2.03M

TypeSH

Market value$250.11M

1.70%

Sole

Shared

0.00

None

36.13K

MASTERCARD INCORPORATED

SOLE

CL A

Shares434.19K

TypeSH

Market value$223.00M

1.52%

Sole

428.76K

Shared

0.00

None

5.43K

CME GROUP INC

SOLE

COM

Shares955.94K

TypeSH

Market value$211.10M

1.44%

Sole

941.35K

Shared

0.00

None

14.59K

S&P GLOBAL INC

SOLE

COM

Shares428.57K

TypeSH

Market value$174.54M

1.19%

Sole

421.72K

Shared

0.00

None

6.86K

SPROTT INC

SOLE

COM NEW

Shares1.32M

TypeSH

Market value$148.38M

1.01%

Sole

1.32M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ALPHABET INCSOLE	CAP STK CL C	2.68M	SH	$947.66M 6.44%	2.62M	58.51K
AMAZON COM INCSOLE	COM	3.03M	SH	$721.72M 4.91%	2.97M	62.68K
MICROSOFT CORPSOLE	COM	1.68M	SH	$626.63M 4.26%	1.64M	37.91K
SHELL PLCSOLE	SPON ADS	8.01M	SH	$621.39M 4.22%	7.83M	183.34K
NVIDIA CORPORATIONSOLE	COM	3.08M	SH	$615.99M 4.19%	3.01M	71.96K
VISA INCSOLE	COM CL A	1.73M	SH	$593.61M 4.04%	1.69M	38.21K
WATERS CORPSOLE	COM	1.22M	SH	$456.40M 3.10%	1.20M	18.20K
CENCORA INCSOLE	COM	1.49M	SH	$421.31M 2.86%	1.46M	26.56K
AMPHENOL CORPSOLE	CL A	2.36M	SH	$415.81M 2.83%	2.33M	28.55K
AON PLCSOLE	SHS CL A	1.17M	SH	$388.62M 2.64%	1.15M	23.56K
AERCAP HOLDINGS NVSOLE	SHS	2.42M	SH	$352.82M 2.40%	2.37M	53.70K
WELLS FARGO & COSOLE	COM	4.20M	SH	$346.68M 2.36%	4.09M	105.25K
NORTHROP GRUMMAN CORPSOLE	COM	667.07K	SH	$339.74M 2.31%	653.56K	13.51K
AMERICAN ELEC PWR CO INCSOLE	COM	2.28M	SH	$312.45M 2.12%	2.24M	40.74K
MARSH & MCLENNAN COS INCSOLE	COM	1.87M	SH	$311.87M 2.12%	1.82M	47.36K
BERKSHIRE HATHAWAY INC DELSOLE	CL A	415.00	SH	$310.77M 2.11%	415.00	0.00
META PLATFORMS INCSOLE	CL A	545.69K	SH	$307.38M 2.09%	528.31K	17.38K
JPMORGAN CHASE & COSOLE	COM	927.80K	SH	$303.70M 2.06%	906.88K	20.92K
SOUTHERN COSOLE	COM	3.02M	SH	$289.36M 1.97%	2.97M	56.20K
TOWER SEMICONDUCTOR LTDSOLE	SHS NEW	1.04M	SH	$270.57M 1.84%	1.02M	15.60K
INTERCONTINENTAL EXCHANGE INSOLE	COM	2.03M	SH	$250.11M 1.70%	2M	36.13K
MASTERCARD INCORPORATEDSOLE	CL A	434.19K	SH	$223.00M 1.52%	428.76K	5.43K
CME GROUP INCSOLE	COM	955.94K	SH	$211.10M 1.44%	941.35K	14.59K
S&P GLOBAL INCSOLE	COM	428.57K	SH	$174.54M 1.19%	421.72K	6.86K
SPROTT INCSOLE	COM NEW	1.32M	SH	$148.38M 1.01%	1.32M	0.00

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