Re: Request for financial info for CAD Amalgamation, VCH vetting process

:)

Sincerely,

Tammi Franzese

Senior Corporate Paralegal | TheKey

Mobile: 813.521.5269

<http://www.thekey.com>

On Fri, Nov 7, 2025 at 1:23 PM Timothy Thomas <tt@thekey.com> wrote:

> Good thinking Tammi!
>
> On Fri, Nov 7, 2025 at 1:11 PM Tammi Franzese <tammi.franzese@thekey.com>
> wrote:
>
>> Hi Eve,
>>
>> Are there financials for only Canada without a USA entity? Are there any
>> financials for HCA Home Care Assistance of Canada, Inc.? Since it's a
>> parent company of the Canadian entities that are amalgamating, it's
>> preferable to provide this information. We'd like to downplay the U.S.
>> companies due to the current political environment.
>>
>> I'm glad to hop on a call if you'd like to discuss further.
>>
>> Sincerely,
>>
>> Tammi Franzese
>>
>> Senior Corporate Paralegal | TheKey
>>
>> Mobile: 813.521.5269
>>
>> <http://www.thekey.com>
>>
>>
>>
>> On Fri, Nov 7, 2025 at 11:13 AM <eve.malishevski@thekey.com> wrote:
>>
>>> Hi Tammi,
>>>
>>>
>>>
>>> Please see attached financial statements on *consolidated level* for
>>> comparability.
>>>
>>> The enclosed folder contains the following statements:
>>>
>>>    - audited annual
>>>    - internal quarterly
>>>
>>>
>>>
>>> Kindly note: TheKey does not have any off-balance sheet financing as
>>> confirmed with Treasury.
>>>
>>>
>>>
>>> Lastly, regarding the below request of 3-year projected financial
>>> statements – unfortunately, we cannot provide this information by the set
>>> deadline as it is not readily available. Please confirm if the attached
>>> financial information will suffice. Alternatively, we will request the FP&A
>>> team to create a projected *Income Statement* *only* by a new due date.
>>> We do not typically prepare projected Balance Sheet or Statement of Cash
>>> Flows and developing these from scratch would place a significant burden on
>>> our team as it’s a time-consuming process.
>>>
>>>
>>>
>>> Thank you and let us know if you have any questions.
>>>
>>>
>>>
>>> Kind regards,
>>>
>>> *Eve Malishevski*
>>>
>>> Team Lead
>>>
>>> Audit & Financial Reporting | *TheKey*
>>>
>>> Mobile: 305.528.8471
>>>
>>>
>>>
>>> *From:* Timothy Thomas <tt@thekey.com>
>>> *Sent:* Thursday, November 6, 2025 2:12 PM
>>> *To:* sara.stuhlsatz@thekey.com
>>> *Cc:* Tammi Franzese <tammi.franzese@thekey.com>;
>>> eve.malishevski@thekey.com; Nina Kani <nkani@thekey.com>; Adriana
>>> Mendez <adriana.mendez@thekey.com>; Lyndsey Organ <
>>> lyndsey.organ@thekey.com>
>>> *Subject:* Re: Request for financial info for CAD Amalgamation, VCH
>>> vetting process
>>>
>>>
>>>
>>> Hi Sara,
>>>
>>>
>>>
>>> Vancouver Coastal Health (a division of the Canadian Government). They
>>> are one of TheKey's largest referral sources.
>>>
>>>
>>>
>>> Thanks
>>>
>>>
>>>
>>> On Thu, Nov 6, 2025 at 2:04 PM <sara.stuhlsatz@thekey.com> wrote:
>>>
>>> Hi Tim – can you provide some info on who VCH is and what they do for
>>> us? Just making sure it makes sense to give out this sensitive info.
>>>
>>>
>>>
>>> Kind regards,
>>>
>>> *Sara Stuhlsatz*
>>>
>>> Assistant Controller | *TheKey*
>>>
>>> Mobile: 620.240.9375
>>>
>>>
>>>
>>> <http://www.thekey.com/>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> *From:* Timothy Thomas <tt@thekey.com>
>>> *Sent:* Thursday, November 6, 2025 12:22 PM
>>> *To:* Tammi Franzese <tammi.franzese@thekey.com>
>>> *Cc:* eve.malishevski@thekey.com; Nina Kani <nkani@thekey.com>; Adriana
>>> Mendez <adriana.mendez@thekey.com>; Sara Stuhlsatz <
>>> sara.stuhlsatz@thekey.com>; Lyndsey Organ <lyndsey.organ@thekey.com>
>>> *Subject:* Re: Request for financial info for CAD Amalgamation, VCH
>>> vetting process
>>>
>>>
>>>
>>> We've never had a request like this from VCH. This is solely due to the
>>> amalgamation. I'm sorry I can't be more helpful.
>>>
>>>
>>>
>>> On Thu, Nov 6, 2025 at 12:27 PM Tammi Franzese <
>>> tammi.franzese@thekey.com> wrote:
>>>
>>> Hi Eve,
>>>
>>>
>>>
>>> Thanks for your email. I'm copying @Timothy Thomas <tt@thekey.com> to
>>> reply to your question because I don't know what was provided in the past.
>>>
>>>
>>>
>>> Tim, will you please advise?
>>>
>>>
>>>
>>> Thank you
>>>
>>>
>>> *Sincerely,*
>>>
>>> *Tammi Franzese*
>>>
>>> Senior Corporate Paralegal | *TheKey*
>>>
>>> Mobile: 813.521.5269
>>>
>>>
>>>
>>> <http://www.thekey.com/>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> On Wed, Nov 5, 2025 at 5:38 PM <eve.malishevski@thekey.com> wrote:
>>>
>>> Hi Tammi,
>>>
>>>
>>>
>>> Do you know what was shared previously for a similar request? We would
>>> like to make sure we provide consistent quarterly financials.
>>>
>>> As for audited financial statements, we will be only able to provide
>>> them on consolidated level.
>>>
>>>
>>>
>>> Kind regards,
>>>
>>> *Eve Malishevski*
>>>
>>> Team Lead
>>>
>>> Audit & Financial Reporting | *TheKey*
>>>
>>> Mobile: 305.528.8471
>>>
>>>
>>>
>>> *From:* Lyndsey Organ <lyndsey.organ@thekey.com>
>>> *Sent:* Wednesday, November 5, 2025 2:39 PM
>>> *To:* Eve Malishevski <eve.malishevski@thekey.com>
>>> *Cc:* Nina Kani <nkani@thekey.com>; Tammi Franzese <
>>> tammi.franzese@thekey.com>; Adriana Mendez <adriana.mendez@thekey.com>;
>>> Sara Stuhlsatz <sara.stuhlsatz@thekey.com>
>>> *Subject:* Re: Request for financial info for CAD Amalgamation, VCH
>>> vetting process
>>>
>>>
>>>
>>> Hi Eve,
>>>
>>>
>>>
>>> Is the below something you would be able to help provide?
>>>
>>>
>>>
>>> *Thank you!*
>>>
>>>
>>>
>>>
>>>
>>> *Lyndsey Organ*
>>>
>>> Senior Manager, Accounting | *TheKey*
>>>
>>> Mobile: 316.253.6494
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> On Wed, Nov 5, 2025 at 1:21 PM Tammi Franzese <tammi.franzese@thekey.com>
>>> wrote:
>>>
>>> My apologies for another email. Please see the below updated list of the
>>> information requested.
>>>
>>>
>>>
>>> Please provide the following for the Proposed Service Provider:
>>>
>>> ●        audited financial statements for the last three years; and
>>>
>>> ●        the two most recent internal quarterly financial statements or
>>> similar information.
>>>
>>> Please provide three years of audited annual financial statements for
>>> the Proposed Service Provider.
>>>
>>> If applicable, please advise as to which entity you suggest to provide a
>>> parent/performance guarantee on behalf of the Service Provider (from each
>>> organization if ownership is held by arm’s length parties) and provide the
>>> following for the proposed parent/performance guarantors:
>>>
>>> ●        audited financial statements for the last three years; and
>>>
>>> ●        the two most recent internal quarterly financial statements or
>>> similar information.
>>>
>>> Please provide a business plan with regard to revenue growth, inflation,
>>> operating efficiencies including pro forma* cash flow (or financial
>>> statements) for the next three years.*
>>>
>>> Please provide details *of any off-balance sheet financin*g that may
>>> impact the financial statements requested above for the Proposed Service
>>> Provider and/or proposed parent/performance guarantors.
>>>
>>>
>>> *Sincerely,*
>>>
>>> *Tammi Franzese*
>>>
>>> Senior Corporate Paralegal | *TheKey*
>>>
>>> Mobile: 813.521.5269
>>>
>>>
>>>
>>> <http://www.thekey.com/>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> On Wed, Nov 5, 2025 at 2:18 PM Tammi Franzese <tammi.franzese@thekey.com>
>>> wrote:
>>>
>>> Hi Lyndsey,
>>>
>>>
>>>
>>> As you know, Orofresh provides services to VCH and their customers. As
>>> part of their vetting process to approve working with the new amalgamated
>>> company, they've requested several financial documents.
>>>
>>>
>>>
>>> Are you the right POC to obtain the following information?
>>>
>>>
>>>
>>> If applicable, please advise as to which entity you suggest to provide a
>>> parent/performance guarantee on behalf of the Service Provider (from each
>>> organization if ownership is held by arm’s length parties) and provide the
>>> following for the proposed parent/performance guarantors:
>>>
>>> ●        audited financial statements for the last three years; and
>>>
>>> ●        the two most recent internal quarterly financial statements or
>>> similar information.
>>>
>>> Please provide a business plan with regard to revenue growth, inflation,
>>> operating efficiencies including pro forma* cash flow (or financial
>>> statements) for the next three years.*
>>>
>>> Please provide details *of any off-balance sheet financin*g that may
>>> impact the financial statements requested above for the Proposed Service
>>> Provider and/or proposed parent/performance guarantors.
>>>
>>>
>>> Requested deadline: 11/6/25
>>>
>>>
>>>
>>> Let me know if you want to hop on a call to talk further.
>>>
>>>
>>>
>>> Thank you.
>>>
>>>
>>>
>>> *Sincerely,*
>>>
>>> *Tammi Franzese*
>>>
>>> Senior Corporate Paralegal | *TheKey*
>>>
>>> Mobile: 813.521.5269
>>>
>>>
>>>
>>> <http://www.thekey.com/>
>>>
>>>
>>>
>>>