Mr. Kyle Martens reports

IGM FINANCIAL INC. COMPLETES $400 MILLION DEBENTURE OFFERING AND IS ISSUING NOTICE TO REDEEM ITS 2027 DEBENTURES

IGM Financial Inc. has completed its previously announced offering of $200-million principal amount of 4.407 per cent debentures due June 2, 2036, and $200-million principal amount of 5.002 per cent debentures due June 2, 2056, by way of a private placement under applicable Canadian securities laws.

The debentures were offered on a best efforts basis through a group of agents co-led by BMO Capital Markets, CIBC Capital Markets and Bank of Nova Scotia.

As previously announced, the net proceeds of the offering will be used by IGM to finance the intended redemption of all of its $400-million aggregate principal amount of 3.44 per cent debentures due Jan. 26, 2027. IGM has today issued a notice to redeem the 2027 debentures on or about July 2, 2026. The 2027 debentures will be redeemed for consideration determined in accordance with their terms.

About IGM Financial Inc.

IGM Financial is a leading Canadian diversified wealth and asset management organization with approximately $326-billion in total assets under management and advisement as of April 30, 2026. The company is committed to bettering the lives of Canadians by better planning and managing their money. To achieve this, IGM provides a broad range of financial planning and investment management services to help approximately two million Canadians meet their financial goals. IGM's activities are carried out principally through IG Wealth Management and Mackenzie Investments, and are complemented by strategic positions in wealth managers Rockefeller Capital Management and Wealthsimple, and asset managers ChinaAMC and Northleaf Capital. These strengthen IGM's capabilities, reach and diversification. IGM is a member of the Power Corp. group of companies.

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