Guardian Capital Group Limited Announces Shareholder Approval of Previously Announced Plan of Arrangement

Executive Summary

• Shareholders approved the arrangement under which Desjardins Global Asset Management Inc. will acquire all issued and outstanding Guardian Capital Group Limited shares (except for certain rollover participants) at C$68.00 per share in cash.
• The resolution passed with 99.19% of votes cast overall, including 86.83% for Common shares and 99.84% for Class A shares (excluding excluded persons).
• Completion is subject to court and regulatory approvals, with a final order hearing scheduled for October 28 2025 and anticipated closing in the first half of 2026.

Key Details

• Transaction Price: C$68.00 per Share (cash).
• Acquirer: Desjardins Global Asset Management Inc., an affiliate of Desjardins Group.
• Shares Acquired: All issued and outstanding Common and Class A shares, except those held by shareholders entering equity rollover agreements.
• Shareholder Approval: 99.19% of votes cast overall; 86.83% for Common shares; 99.84% for Class A shares (excluding excluded persons).
• Regulatory/Legal Conditions: Requires final court order from the Ontario Superior Court of Justice and approvals under the Competition Act (Canada) plus other closing conditions in the Arrangement Agreement dated August 28 2025 (as amended).
• Final Order Hearing: Expected October 28 2025.
• Anticipated Closing: First half of 2026, subject to satisfaction or waiver of all remaining conditions.
• Reporting: Full voting results available on SEDAR+ (www.sedarplus.ca).

Notable Quotes

(No direct quotes were provided in the release.)