Mr. Robert Ingli reports

FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES SEPTEMBER DIVIDEND INFORMATION

First National Financial Corp. today declared its monthly dividend payment of 20.4167 cents per common share for the period from Sept. 1, 2024, to Sept. 30, 2024. The dividend will be payable on Oct. 15, 2024, to shareholders of record at the close of business on Sept. 27, 2024.

The company also declared the quarterly dividend on its Class A Series 1 preference shares and Class A Series 2 preference shares for the period from July 1, 2024, to Sept. 30, 2024. The dividend of 18.0938 cents per Series 1 preference share and dividend of 43.6246 cents per Series 2 preference share will be payable on Oct. 15, 2024, to holders of record at the close of business on Sept. 27, 2024.

With respect to the Class A Series 2 preference shares, the dividend rate for the period from Oct. 1, 2024, to Dec. 31, 2024, has been set at 6.275 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 September, 2024, will be eligible dividends, unless otherwise indicated.

About First National Financial Corp.

First National 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 $148-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.