Exhibits 121-130 to Public Comment of Columbia Riverkeeper et al. under CP09-6, et al.

Canadian Shale Gas & LNG in a North American Context September 10, 2013 BMO Capital Markets Canadian Unconventional Natural Gas Plays North American Natural Gas Fundamentals North American Demand and LNG Alternatives Summary 1 BMO Financial Group and BMO Capital Markets BMO Capital Markets BMO Financial Group Global Investment Banking Operations NORTH AMERICA Canada's first bank: established in 1817 ATLANTA | BOSTON | CALGARY | CHICAGO | DALLAS | DENVER | HOUSTON | LOS ANGELES | MEXICO CITY | MONTREAL Offers broad range of retail banking, wealth NEW YORK | SAN FRANCISCO | TORONTO | VANCOUVER Organization management and investment banking services EUROPE One of the largest diversified financial services DUBLIN | LONDON | LUGANO | MUNICH | ZURICH | PARIS providers in North America Market Cap C$38 billion Total Assets C$525 billion ASIA ABU DHABI | BEIJING | DELHI | GUANGZHOU | HONG KONG | SHANGHAI | TAIPEI Key Operating LTM Revenue C$16.3 billion Data Employees 46,000 SOUTH AMERICA RIO DE JANEIRO Tier 1 Capital Ratio 12.62% AUSTRALIA MELBOURNE Note: BMO financials as of October 31, 2012 BMO Capital Markets Capabilities ADVISORY SERVICES CORPORATE FINANCE DISTRIBUTION & TRADING TREASURY SERVICES Acquisitions & Divestitures Initial Public Offerings Institutional Sales Cash Management Mergers & Acquisitions Follow-on Offerings Trading Risk Management Strategic Advisory Convertible Securities Equity Research Asset Management Fairness Opinions Mezzanine Lending Fixed Income Research Foreign Exchange Takeover Defense High-Yield Debt Investor Marketing Trade Finance Share Buybacks Investment-Grade Debt Investor Conferences Valuation Analysis Corporate Lending Account Sponsorship Securitization Retail Distribution Private Placements 2 Investment & Corporate Banking Financial Solutions MERGERS & ACQUISITIONS ACQUISITIONS & DIVESTITURES Provider of premier M&A services to public Provider of premier in-depth A&D services in and private clients of varying sizes Canada and the United States Over 50 professionals globally 13 professionals in Canada and 19 in the United States ` Advised on $29 bn worth of E&P transactions in 2012 (ranked #1 in domestic E&P league tables) LOAN FINANCING EQUITY CAPITAL MARKETS Arranger, underwriter and provider of Equity underwriter for public and private syndicated loan financing for M&A, companies through IPOs, follow-on common leveraged finance, bridge facilities, project share and trust offerings, preferred shares, finance and general corporate purposes private placements and convertible debentures 125 professionals globally Over 19 professionals globally Ranked #1 in domestic equity E&P league tables via 10 book-run transactions in 2012 Complete suite of advisory and corporate banking solutions 3 BMO Global Energy Group North America Based International Reach Asia India Calgary Australia Corporate Finance 16 London A&D 13 Toronto Europe Lending 12 Corporate Finance 16 Research 10 E