Mr. Dave Kelly reports

RF CAPITAL APPOINTS NEW CHIEF FINANCIAL OFFICER

RF Capital Group Inc. has appointed Francis C. Baillargeon as chief financial officer (CFO) following a comprehensive internal and external search process. Mr. Baillargeon will join the company effective Nov. 18, 2024.

"Francis is an entrepreneurial leader who possesses a deep understanding of the wealth management industry," said Dave Kelly, president and chief executive officer of RF Capital. "He has a strong understanding of, and exposure to, risk management, investor relations, corporate development, and M&A in a growth environment. We think he is a great fit for our company, our culture and our team."

Mr. Baillargeon spent the last four years as chief financial officer of FLO EV Charging. During his tenure at the company, he had accountability for driving financial performance, leading over $500-million in fundraising commitments, driving strategic initiatives and implementing a data-driven approach to decision-making. Prior to FLO, Mr. Baillargeon was an executive in corporate development and strategy at TD Bank where he led teams in evaluating and executing inorganic growth opportunities, through acquisitions, partnerships and strategic investments. Before joining TD Bank, he worked for over 10 years in investment banking at Goldman Sachs and two wealth management-focused boutiques.

"I am thrilled to join this company and work alongside Dave Kelly and his talented team to help position Richardson Wealth as the best independent choice for advisers and their clients in Canada," said Mr. Baillargeon. "Like so many who are choosing this company, I am drawn to the brand, the unique entrepreneurial culture and the opportunity to grow and thrive."

Mr. Baillargeon has a bachelor of commerce (honours) from Queen's University.

About RF Capital Group Inc.

RF Capital Group is a Toronto Stock Exchange-listed wealth management-focused company. Operating under the Richardson Wealth brand, the company is one of the largest independent wealth management firms in Canada with $39.4-billion in assets under administration (as of Oct. 31, 2024) and 22 offices across the country. The firm's advisory teams are focused exclusively on providing strategic wealth advice and innovative investment solutions customized for high net worth or ultrahigh net worth families and entrepreneurs. The company is committed to maintaining exceptional fiduciary standards and has earned certification -- determined annually -- from the Centre for Fiduciary Excellence for its separately managed and portfolio management account platforms.