Mr. Robert Inglis reports

FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES JUNE DIVIDEND INFORMATION

First National Financial Corp. will pay its monthly dividend payment of 20.4167 cents per common share for the period June 1 to June 30, 2024. The dividend will be payable on July 15, 2024, to shareholders of record at the close of business on June 28, 2024.

The company also announced the quarterly dividend on its Class A Series 1 preference shares and Class A Series 2 preference shares for the period April 1 to June 30, 2024. The dividend of 18.0938 cents per Series 1 preference share and dividend of 43.8279 cents per Series 2 preference share will be payable on July 15, 2024, to holders of record at the close of business on June 28, 2024.

With respect to the Class A Series 2 preference shares, the dividend rate for the period July 1 to Sept. 30, 2024, has been set at 6.942 per cent, as determined in accordance with the terms of the Series 2 preference shares.

First National, for the purposes of the Income Tax Act (Canada) and any similar provincial legislation, advises that its dividends declared in June, 2024, will be eligible dividends, unless otherwise indicated.

About First National Financial Corp.

First National Financial is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multiunit) and commercial mortgages. With more than $145-billion in mortgages under administration, First National is one of Canada's largest non-bank originators and underwriters of mortgages and is among the top three in market share in the mortgage broker distribution channel.