Definitions for **"Total Shareholder Return"**

Total shareholder return (TSR) is the measure of the returns that a company has provided for its shareholders, reflecting share price movements and assuming reinvestment of dividends. It is, therefore, a good indicator of a company's overall performance.

To judge the total return to shareholders, the level of income received must be included. A systematic measure is TSR which calculates the total return in terms of share price performance and the dividends paid.

This amount is calculated as the annualized total return on an investment in our common shares made at the beginning of a designated period, usually one or five years. Total return on common shares includes the effect of a change in the share price and assumes that dividends received on common shares are reinvested in additional common shares.