Velan Inc. / Dividends

Declaration date	Ex date	Record date	Payment date	Amount
June 26, 1998				CA$1.14
September 28, 1998				CA$1.14
December 29, 1998				CA$1.14
March 29, 1999				CA$1.14
November 29, 1999	November 30, 1999	December 1, 1999	December 15, 1999	CA$0.063
June 1, 2000	June 2, 2000	June 5, 2000	June 15, 2000	CA$0.125
December 1, 2000	December 4, 2000	December 5, 2000	December 15, 2000	CA$0.125
June 1, 2001	June 4, 2001	June 5, 2001	June 15, 2001	CA$0.15
December 5, 2001	December 6, 2001	December 7, 2001	December 17, 2001	CA$0.15
February 26, 2002	February 27, 2002	February 28, 2002	March 15, 2002	CA$0.45
June 5, 2002	June 6, 2002	June 7, 2002	June 17, 2002	CA$0.15
December 6, 2002	December 9, 2002	December 10, 2002	December 16, 2002	CA$0.15
June 4, 2003	June 5, 2003	June 6, 2003	June 16, 2003	CA$0.15
December 8, 2003	December 9, 2003	December 10, 2003	December 17, 2003	CA$0.15
June 3, 2004	June 4, 2004	June 7, 2004	June 17, 2004	CA$0.075
December 6, 2004	December 7, 2004	December 8, 2004	December 15, 2004	CA$0.113
June 2, 2005	June 3, 2005	June 6, 2005	June 15, 2005	CA$0.15
September 11, 2008	September 12, 2008	September 15, 2008	September 30, 2008	CA$0.08
December 11, 2008	December 12, 2008	December 15, 2008	December 31, 2008	CA$0.08
March 18, 2009	March 19, 2009	March 20, 2009	March 31, 2009	CA$0.08
June 11, 2009	June 12, 2009	June 15, 2009	June 30, 2009	CA$0.08
September 11, 2009	September 14, 2009	September 15, 2009	September 30, 2009	CA$0.08
December 11, 2009	December 14, 2009	December 15, 2009	December 31, 2009	CA$0.08
March 11, 2010	March 12, 2010	March 15, 2010	March 31, 2010	CA$0.08
June 11, 2010	June 14, 2010	June 15, 2010	June 30, 2010	CA$0.08
September 13, 2010	September 14, 2010	September 15, 2010	September 30, 2010	CA$0.08
December 13, 2010	December 14, 2010	December 15, 2010	December 31, 2010	CA$0.08
March 11, 2011	March 14, 2011	March 15, 2011	March 31, 2011	CA$0.08
June 13, 2011	June 14, 2011	June 15, 2011	June 30, 2011	CA$0.08
September 13, 2011	September 14, 2011	September 15, 2011	September 30, 2011	CA$0.08
December 13, 2011	December 14, 2011	December 15, 2011	December 30, 2011	CA$0.08
March 13, 2012	March 14, 2012	March 15, 2012	March 30, 2012	CA$0.08
June 13, 2012	June 14, 2012	June 15, 2012	June 29, 2012	CA$0.08
September 12, 2012	September 13, 2012	September 14, 2012	September 28, 2012	CA$0.08
December 12, 2012	December 13, 2012	December 14, 2012	December 31, 2012	CA$0.08
March 13, 2013	March 14, 2013	March 15, 2013	March 29, 2013	CA$0.08
June 12, 2013	June 13, 2013	June 14, 2013	June 28, 2013	CA$0.08
September 11, 2013	September 12, 2013	September 13, 2013	September 30, 2013	CA$0.08
December 12, 2013	December 30, 2013	December 31, 2013	December 31, 2013	CA$0.08
March 13, 2014	March 14, 2014	March 17, 2014	March 31, 2014	CA$0.08
June 12, 2014	June 13, 2014	June 16, 2014	June 30, 2014	CA$0.0917
September 11, 2014	September 12, 2014	September 15, 2014	September 30, 2014	CA$0.10
December 11, 2014	December 30, 2014	December 31, 2014	December 31, 2014	CA$0.10
March 12, 2015	March 30, 2015	March 31, 2015	March 31, 2015	CA$0.10
June 11, 2015	June 29, 2015	June 30, 2015	June 30, 2015	CA$0.10
September 11, 2015	September 14, 2015	September 15, 2015	September 30, 2015	CA$0.10
December 11, 2015	December 14, 2015	December 15, 2015	December 31, 2015	CA$0.10
March 11, 2016	March 14, 2016	March 15, 2016	March 31, 2016	CA$0.10
June 13, 2016	June 14, 2016	June 15, 2016	June 30, 2016	CA$0.10
September 13, 2016	September 14, 2016	September 15, 2016	September 30, 2016	CA$0.10
December 13, 2016	December 14, 2016	December 15, 2016	December 30, 2016	CA$0.10
March 13, 2017	March 14, 2017	March 15, 2017	March 31, 2017	CA$0.10
June 13, 2017	June 14, 2017	June 15, 2017	June 30, 2017	CA$0.10
September 14, 2017	September 14, 2017	September 15, 2017	September 29, 2017	CA$0.10
December 14, 2017	December 14, 2017	December 15, 2017	December 29, 2017	CA$0.10
March 14, 2018	March 14, 2018	March 15, 2018	March 29, 2018	CA$0.10
June 14, 2018	June 14, 2018	June 15, 2018	June 29, 2018	CA$0.03
September 13, 2018	September 13, 2018	September 14, 2018	September 28, 2018	CA$0.03
December 13, 2018	December 13, 2018	December 14, 2018	December 28, 2018	CA$0.03
March 14, 2019	March 14, 2019	March 15, 2019	March 29, 2019	CA$0.03
June 13, 2019	June 13, 2019	June 14, 2019	June 28, 2019	CA$0.03
September 12, 2019	September 12, 2019	September 13, 2019	September 30, 2019	CA$0.03
December 11, 2019	December 11, 2019	December 12, 2019	December 27, 2019	CA$0.03
March 11, 2020	March 11, 2020	March 12, 2020	March 27, 2020	CA$0.03
June 16, 2022	June 16, 2022	June 17, 2022	June 30, 2022	CA$0.03
June 15, 2023	June 15, 2023	June 16, 2023	June 30, 2023	CA$0.03
February 14, 2025	February 13, 2025	February 14, 2025	February 28, 2025	CA$0.03
June 16, 2025	June 13, 2025	June 16, 2025	June 30, 2025	CA$0.33
August 15, 2025	August 14, 2025	August 15, 2025	August 29, 2025	CA$0.10