Company: FSV
Filing Date: 2025-02-21
Form Type: 40-F
Source: 0001171843-25-001007
Chunk: 6

Company: FirstService Corp
Filing Date: 2025-02-21
Form: 40-F
Chunk 6
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 Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

<div align='center'>OFF-BALANCE SHEET ARRANGEMENTS</div>

The Registrant does not have any off-balance sheet arrangements that have, or are reasonably likely to have, a current or future material effect on the Registrant’s financial performance or financial condition.

<div align='center'>CONTRACTUAL OBLIGATIONS</div>

The information provided in the table entitled “Contractual Obligations” under the section entitled “Liquidity and Capital Resources”, and accompanying narrative disclosures, in the management’s discussion and analysis included as Exhibit 3 to this Annual Report on Form 40-F, is incorporated herein by reference.

<div align='center'>IDENTIFICATION OF THE AUDIT COMMITTEE</div>

The Registrant has a separately designated standing Audit Committee established in accordance with section 3(a)(58)(A) of the Exchange Act. The members of the Audit Committee are Joan Sproul (Chair), Yousry Bissada, and Elizabeth Carducci.

<div align='center'>CORPORATE GOVERNANCE</div>

The Registrant is a “foreign private issuer” as defined in Rule 3b-4 under the Exchange Act and its Common Shares are listed on the Toronto Stock Exchange and the NASDAQ Global Select Market ("NASDAQ"). NASDAQ Marketplace Rule 5615(a)(3) permits a foreign private issuer to follow its home country practices in lieu of certain requirements in the NASDAQ Listing Rules. A foreign private issuer that follows home country practices in lieu of certain corporate governance provisions of the NASDAQ Listing Rules must disclose each NASDAQ corporate governance requirement that it does not follow and include a brief statement of the home country practice the issuer follows in lieu of the NASDAQ corporate governance requirement(s), either on its website or in its annual filings with the SEC. A description of the significant ways in which the Registrant’s corporate governance practices differ from those followed by domestic companies pursuant to the applicable NASDAQ Listing Rules is disclosed on the Registrant’s website at: https://www.firstservice.com/differences-in-nasdaq-and-canadian-corporate-governance/

<div align='center'>MINE SAFETY DISCLOSURE</div>

Not applicable.

<div align='center'>DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS</div>

Not applicable.

<div align='center'>RECOVERY OF ERRONEOUSLY