Mr. Mark Noble reports

GUARDIAN CAPITAL GROUP LIMITED ANNOUNCES EXPECTED CLOSING DATE FOR TAKE-PRIVATE TRANSACTION WITH DESJARDINS

Guardian Capital Group Ltd. has obtained all regulatory approvals required to close the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario), pursuant to which Desjardins Global Asset Management Inc., an affiliate of Desjardins Group, will acquire all of the issued and outstanding common shares and Class A shares of Guardian, other than certain Guardian shares owned by specified shareholders who entered into equity rollover agreements, for $68.00 per Guardian share in cash.

Guardian expects the arrangement to close on or about March 23, 2026, subject to the satisfaction or waiver of the remaining customary conditions to closing. For additional information about the arrangement, see Guardian's management information circular dated Sept. 19, 2025, and news release dated Aug. 28, 2025, each of which are available under Guardian's SEDAR+ profile.

About Guardian Capital Group Ltd.

Guardian Capital Group is a global investment management company servicing institutional, retail and private clients through its subsidiaries. Founded in 1962, Guardian's reputation for steady growth, long-term relationships, and its core values of authenticity, integrity, stability and trustworthiness have been key to its success over six decades. Its common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively.

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