Ms. Catherine Kee reports

TMX GROUP EQUITY FINANCING STATISTICS - DECEMBER 2025

TMX Group Ltd. has released the financing activity statistics on the Toronto Stock Exchange and TSX Venture Exchange for December, 2025.

The TSX welcomed 84 new issuers in December, 2025, compared with 15 in the previous month and seven in December, 2024. The new listings were 78 Canadian depositary receipts, two exchange-traded funds, one industrial products company and three mining companies. Total financings raised in December, 2025, decreased 29 per cent compared with the previous month, but were up 151 per cent compared with December, 2024. The total number of financings in December, 2025, was 37, compared with 43 in the previous month and 26 in December, 2024.

There were two new issuers on the TSX-V in December, 2025, compared with three in the previous month and two in December, 2024. The new listings were one mining company and one technology company. Total financings raised in December, 2025, decreased 14 per cent compared with the previous month, but were up 222 per cent compared with December, 2024. There were 123 financings in December, 2025, compared with 153 in the previous month and 120 in December, 2024.

TMX Group's consolidated trading statistics for December, 2025, can be viewed on TMX Group's website.

TMX Group welcomes the companies that listed during December, 2025, as detailed in the attached tables.

About TMX Group Ltd.

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the financing, growth and success of businesses, traders and investors. TMX Group's key operations include the Toronto Stock Exchange, the TSX Venture Exchange, the TSX Alpha Exchange, The Canadian Depository for Securities, the Montreal Exchange, Canadian Derivatives Clearing Corp., TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montreal, Calgary, Vancouver and New York), as well as in key international markets, including London, Singapore and Vienna.