Mr. Stephen Zagrodny reports

FIERA INFRASTRUCTURE PRIVATE DEBT PROVIDES ADDITIONAL DEVELOPMENT CAPITAL FINANCING TO STARLIGHT

Fiera Capital Corp.'s Fiera Infrastructure Private Debt has closed a follow-on development capital financing for Starlight, a global developer of renewable power and energy storage projects and a NextEnergy Group company. Proceeds of the loan will be used by Starlight to advance development of its portfolio of solar projects in Alberta. Selkirk Advisory Group Inc. acted as arranger and is the loan agent for the transaction.

"Fiera is proud to continue its partnership with Starlight by providing another credit facility to support the development of the company's Alberta portfolio," said Stephen Zagrodny, managing director, Fiera Infrastructure Debt. "This credit facility further demonstrates our team's ability to provide innovative financing solutions to the North American infrastructure sector, with terms and structures tailored to each borrower's unique needs."

"We value Fiera's ongoing support and the confidence they've placed in our team and strategy," said Marc Stachiw, senior vice-president at Starlight. "This financing provides additional capacity to advance our Alberta development program, deliver tangible economic benefits to local communities, and contribute to a more reliable and sustainable electricity system."

"It was a pleasure working with the Starlight team on another development capital financing," said Dan Doubilet, managing partner of Selkirk. "Bespoke financing structures at this small size are possible only with collaborative, creative and efficient partners like Starlight and Fiera. We are grateful to be able to continue to support Starlight in Canada and to act as arranger on another transaction for Fiera, a close partner of our firm."

About Fiera Capital Corp.

Fiera Capital is a leading independent asset management firm with a global presence. Fiera Capital delivers disciplined, high-conviction solutions across public and private markets, differentiated by world-class investment talent, to create lasting value and stability in dynamic global markets. Fiera Capital's vision is to be the partner of choice for clients seeking performance and the home of people who deliver it.

Headquartered in Montreal, Canada, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (United States), London (United Kingdom), Hong Kong (Special Administrative Region), Tokyo (Japan) and Abu Dhabi (Abu Dhabi Global Market).

Each affiliated entity of Fiera Capital only provides investment advisory or investment management services or offers investment funds in the jurisdictions where the affiliate is authorized to provide services pursuant to the relevant registrations and an exemption from such registrations, and/or the relevant product is registered or exempt from registration.

Fiera Capital does not provide investment advice to U.S. clients or offer investment advisory services in the U.S. In the U.S., asset management services are provided by Fiera Capital's affiliates who are investment advisers who are registered with the U.S. Securities and Exchange Commission or exempt from registration. Registration with the SEC does not imply a certain level of skill or training.

We seek Safe Harbor.