CI Monetary Broadcasts Substantial Issuer Bid Worth Improve and Associated Extension

TORONTO — CI Monetary Corp. (TSX: CIX) (“CI Monetary” or the “Company”) introduced at present the Company is various the phrases of its beforehand introduced substantial issuer bid (the “Supply”). Below the phrases of the Supply, the Company provided to buy as much as 5,000,000 of its excellent frequent shares (the “Shares”) from its shareholders (“Shareholders”) at a worth of $17.50 per Share for a complete worth of as much as $87.5 million and the Supply was scheduled to run out at 5:00 p.m. (Toronto time) on October 1, 2024. The Supply is being diverse to: (i) improve the worth to $18.25 per Share, growing the entire worth of the Supply to as much as $91.25 million; and (ii) as required by relevant U.S. securities legal guidelines, lengthen the expiry date of the Supply to five:00 p.m. (Toronto time) on October 3, 2024, or such later date and time to which the Supply could also be prolonged by CI Monetary (such time on such date, the “Expiration Date”). All different phrases of the Supply stay unchanged.

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A discover of variation and extension (the “Discover”) is predicted to be mailed to shareholders and filed by CI Monetary with the relevant Canadian Securities Directors on or about September 20, 2024 and shall be made obtainable freed from cost beneath the Company’s profile on the System for Digital Knowledge Evaluation and Retrieval + (“SEDAR+”) at www.sedarplus.com. Shareholders are urged to judge rigorously all data within the Supply, seek the advice of their very own monetary, authorized, funding and tax advisors, and make their very own choices as as to whether to deposit Shares beneath the Supply.

This press launch is for informational functions solely and doesn’t represent a suggestion to purchase or the solicitation of a suggestion to promote Shares. The solicitation and the provide to purchase Shares will solely be made pursuant to the formal provide to buy and issuer bid round and different associated paperwork (collectively, the “Supply Paperwork”).

About CI Monetary

CI Monetary Corp. is a diversified international asset and wealth administration firm working primarily in Canada, the US and Australia. Based in 1965, CI Monetary has developed world-class portfolio administration expertise, in depth capabilities in all elements of wealth planning, and a complete product suite. CI Monetary manages and advises on roughly $509.2 billion in shopper belongings (as at August 31, 2024). CI Monetary operates in three segments:

Asset Administration, which incorporates CI International Asset Administration, which operates in Canada, and GSFM, which operates in Australia.
Canadian Wealth Administration, which incorporates the operations of CI Assante Wealth Administration, Aligned Capital Companions, CI Non-public Wealth, Northwood Household Workplace, Coriel Capital, CI Direct Investing and CI Funding Providers.
U.S. Wealth Administration, which incorporates Corient Non-public Wealth, an built-in wealth administration agency offering complete options to ultra-high-net-worth and high-net-worth shoppers throughout the US.

CI Monetary is headquartered in Toronto and listed on the Toronto Inventory Alternate (TSX: CIX). To study extra, go to CI Monetary’s web site or LinkedIn web page.

CI International Asset Administration is a registered enterprise identify of CI Investments Inc., an entirely owned subsidiary of CI Monetary Corp.

Notice Concerning Ahead-Wanting Statements

This press launch incorporates “forward-looking data” throughout the that means of relevant Canadian securities legal guidelines. Ahead-looking data might relate to our future outlook and anticipated occasions or outcomes and should embrace data concerning our monetary place, enterprise technique, development technique, budgets, operations, monetary outcomes, taxes, dividend coverage, plans and targets. Notably, data concerning our expectations of future outcomes, efficiency, achievements, prospects or alternatives is forward-looking data. In some instances, forward-looking data may be recognized by means of forward-looking terminology reminiscent of “plans”, “targets”, “expects” or “doesn’t count on”, “is predicted”, “a chance exists”, “price range”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “technique”, “intends”, “anticipates”, “doesn’t anticipate”, “believes”, or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “might”, “may”, “would”, “may”, “will”, “shall be taken”, “happen” or “be achieved”. As well as, any statements that confer with expectations, intentions, projections or different characterizations of future occasions or circumstances include forward-looking data. Statements containing forward-looking data usually are not historic details however as an alternative characterize administration’s expectations, estimates and projections concerning future occasions or circumstances. These statements embrace, with out limitation, statements concerning the Company’s intentions and expectations with respect to the Supply and the variation of the Supply, the phrases and situations of the Supply, the timing of the mailing of the Discover and the anticipated Expiration Date of the Supply and purchases thereunder. Purchases made beneath the Supply usually are not assured and are topic to sure situations set out within the Supply Paperwork, in every case as shall be diverse by the Discover.

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Undue reliance shouldn’t be positioned on forward-looking data. The forward-looking data on this press launch is predicated on our opinions, estimates and assumptions in gentle of our expertise and notion of historic developments, present situations and anticipated future developments, in addition to different components that we at the moment consider are applicable and cheap within the circumstances. Regardless of a cautious course of to organize and assessment the forward-looking data, there may be no assurance that the underlying opinions, estimates and assumptions will show to be right. Additional, forward-looking data is topic to identified and unknown dangers, uncertainties and different components which will trigger precise outcomes, stage of exercise, efficiency or achievements to be materially totally different from these expressed or implied by such forward-looking data, together with however not restricted to, these described on this press launch. The idea that the funding fund business and wealth administration business will stay steady and that rates of interest will stay comparatively steady are materials components made in making ready the forward-looking data and administration’s expectations contained on this press launch and which will trigger precise outcomes to vary materially from the forward-looking data disclosed on this press launch. As well as, components that might trigger precise outcomes to vary materially from expectations embrace, amongst different issues, basic financial and market situations, together with curiosity and overseas change charges, international monetary markets, the impression of pandemics or epidemics, modifications in authorities laws or in tax legal guidelines, business competitors, technological developments and different components described or mentioned in CI Monetary’s disclosure supplies filed with relevant securities regulatory authorities occasionally. Extra details about the dangers and uncertainties of the Company’s enterprise and materials threat components or assumptions on which data contained in ahead‐trying data is predicated is offered within the Company’s disclosure supplies, together with the Company’s most not too long ago filed annual data kind and any subsequently filed interim administration’s dialogue and evaluation, which can be found beneath our profile on SEDAR+ at www.sedarplus.com.

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There may be no assurance that such data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such data. Accordingly, readers mustn’t place undue reliance on ahead trying data, which speaks solely as of the date made. The forward-looking data contained on this press launch represents our expectations as of the date of this information launch and is topic to alter after such date. CI Monetary disclaims any intention or obligation or endeavor to replace or revise any forward-looking data, whether or not because of new data, future occasions or in any other case, besides as required by relevant legislation.

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