Ms. Caroline Drouin reports

IA FINANCIAL GROUP WILL HOLD ITS ANNUAL MEETING ON MAY 7 AND HAS MADE AVAILABLE ITS ANNUAL REPORT AND MEETING DOCUMENTATION

The annual shareholders meeting of iA Financial Corp. Inc. and the annual meeting of the sole common shareholder and of the participating policyholders of Industrial Alliance Insurance and Financial Services Inc. (iA Insurance) will be held together on Thursday, May 7, 2026, at 2 p.m. Eastern Time, in hybrid format.

Shareholders and participating policyholders may attend the meeting virtually via live webcast (password: iA2026) or in person at the Quebec City Convention Centre, 1000 Rene Levesque Blvd. E, Quebec City, Que. For detailed instructions on how to join the meeting virtually or in person and on how to exercise their voting rights, shareholders should refer to the management proxy circular relating to the annual meeting of iA Financial, and participating policyholders should consult the information document for participating policyholders relating to the annual meeting of iA Insurance, as well as their proxy form or voting instruction form.

Registered shareholders and duly appointed proxyholders will be able to participate in the meeting, ask questions and exercise their voting rights. Registered shareholders and duly appointed proxyholders who attend the meeting virtually will also be able to ask questions and exercise their voting rights, all in real time, provided they are connected to the Internet and comply with all the provisions set out in the circular and the rules of conduct for the virtual meeting. Beneficial owners not duly appointed as proxyholders will be entitled to attend the meeting as guests but will not be entitled to vote at the meeting.

Participating policyholders who wish to exercise their right to vote by proxy before the meeting must obtain a proxy form by communicating by e-mail with the corporate secretariat of iA Financial Group at secretariat_corporatif@ia.ca. Participating policyholders who wish to participate in and vote at the meeting must also contact the corporate secretariat of iA Financial Group at secretariat_corporatif@ia.ca to obtain a control number allowing them to log in and vote at the meeting.

iA Financial Group strongly encourages shareholders and participating policyholders to vote before the meeting using any of the methods listed on their proxy form or voting instruction form. In order for a proxy to be voted at the annual meeting, the completed proxy form must be received by Computershare Investor Services Inc. no later than 5 p.m. local time on May 5, 2026.

If you are a shareholder and require assistance with voting your common shares, please contact the proxy solicitation agent, Laurel Hill Advisory Group, by telephone at 1-877-452-7184 (Canada and the United States), at 1-416-304-0211 (other countries) or by e-mail at assistance@laurelhill.com.

Annual report and documents relating to the annual meeting available on-line

The 2025 annual report, circular, rules of conduct for the virtual meeting and information document are now available on-line at iA Financial Group's website. The annual report and the circular are also available on SEDAR+. The shareholders of iA Financial will receive the documents relating to the annual meeting in the coming days.

The annual report includes the annual management's discussion and analysis, the 2025 consolidated financial statements, and related information about iA Financial Group.

The circular includes information on the exercise of voting rights at the annual meeting of iA Financial, as well as information on the board of directors, governance practices and executive compensation.

The rules of conduct are intended to ensure the proper conduct of the annual meeting for those attending virtually and describe how a shareholder may intervene and ask questions during the meeting.

The information document includes information on the exercise of voting rights of the participating policyholders at the annual meeting of iA Insurance, as well as information on the board of directors, governance practices and board compensation.

It should be noted that 15 candidates are nominated this year for election to the board of directors of iA Financial and 13 candidates are nominated for election to the board of directors of iA Insurance. Of the 15 candidates who are nominated for election to the board of directors of iA Financial, note that one is a new candidate, Kenneth F. Kroner.

Mr. Kroner is a corporate director with extensive global investment leadership experience. After spending 22 years at BlackRock, where he served as senior managing director and sat on its global executive committee, he was a member of the board of directors of Alberta Investment Management Corp. (AIMCo). He also founded and led Pluribus Labs LLC, a global equity investment firm specializing in quantitative investment solutions.

All nominees are presented in either the circular or the information document.

If you have any questions or would like additional information about the annual meetings, please contact Computershare at 1-866-964-0492 (Canada and the United States) or 1-514-982-8714 (other countries).

About iA Financial Corp. Inc. (iA Financial Group)

iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares).

iA Financial Group is a business name and trademark of iA Financial Corp. Inc.