IGM FINANCIAL INC. ANNOUNCES AUGUST 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS

IGM FINANCIAL INC. ANNOUNCES AUGUST 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS Canada NewsWire WINNIPEG, MB, Sept. 5, 2025 WINNIPEG, MB, Sept. 5, 2025 /CNW/ - IGM Financial Inc. (IGM) (TSX: IGM) today reported record high total assets under management and advisement of $292.6 billion at August 31, 2025, up 12.4% from $260.4 billion at August 31, 2024. Total consolidated net inflows were $434 million during August 2025. AUGUST HIGHLIGHTS IGM Financial – Record high assets under management & advisement were $292.6 billion up from $287.9 billion in the prior month.  Investment fund net sales were $172 million up from net redemptions of $61 million in August 2024. Total net inflows were $434 million up from net outflows of $142 million in August 2024. IG Wealth Management (IGWM) –  Record high Assets under advisement were $151.0 billion up from $148.4 billion in the prior month. Investment fund net sales were $153 million up from net sales of $31 million in August 2024. Total net inflows were $63 million up from net inflows of $0 in August 2024.  Gross inflows and gross sales each reached a record high of $1.2 billion in August 2025. Mackenzie Investments – Record high assets under management were $231.5 billion up from $227.6 billion in the prior month. Investment fund net sales were $19 million up from net redemptions of $92 million in August 2024. Total net sales of $371 million up from net redemptions of $142 million in August 2024. Table 1 - Gross and Net Flows  Please see www.igmfinancial.com for file with trended history. Wealth Management Asset Management ($ millions) (unaudited)  IG Wealth Management Mackenzie Investments IGM Financial For the month ended August 31, 2025 Net flows  Mutual fund net sales 153.0 (156.0) (3.0) ETF net creations 175.0 175.0 Investment fund net sales 153.0 19.0 172.0 Institutional SMA net sales                          351.7(1)(3) 351.7 Managed asset net sales 153.0 370.7 523.7 Other net flows (89.5) (89.5) Net flows  63.5 370.7 434.2 Gross flows Mutual fund gross sales 1,197.5 659.6 1,857.1 Dealer gross inflows 1,161.1 1,161.1 Table 2 – Assets under Management and Advisement ($ millions) (unaudited) August  2025 July  2025 % Change Last Month Wealth Management IG Wealth Management Assets under management 133,479 131,109 1.8 % Other assets under advisement 17,507 17,316 1.1 % Assets under advisement 150,986 148,425 1.7 % Asset management Mackenzie Investments Mutual funds 64,026 63,220 1.3 % ETFs 9,307 8,959 3.9 % Investment funds 73,333 72,179 1.6 % Institutional SMA 13,606 13,038 4.4 % Sub-advisory to Canada Life 54,650 54,240 0.8 % Total Institutional SMA 68,256 67,278 1.5 % Total third party assets under management 141,589 139,457 1.5 % Sub-advisory and AUM to Wealth Management                                   89,903 88,187 1.9 % Total 231,492 227,644 1.7 % ETF's distributed to third parties 9,307 8,959 3.9 % ETF's held within IGM managed products 10,425 10,209 2.1 % Total ETFs 19,732 19,168 2.9 % Total Assets under management 275,068 270,566 1.7 % Other assets under advisement 17,507 17,316 1.1 % Assets under management and advisement 292,575 287,882 1.6 % Table 3 – Average Assets under Management and Advisement                                ($ millions) (unaudited)  Quarter to date 2025 Wealth Management IG Wealth Management Assets under management 131,533 Other assets under advisement 17,350 Assets under advisement(2) 148,883 Asset Management Mackenzie Investments Mutual funds 63,327 ETFs 9,019 Investment funds 72,346 Institutional SMA 12,890 Sub-advisory to Canada Life 54,307 Total Institutional SMA 67,197 Total third party assets under management 139,543 Sub-advisory and AUM to Wealth Management 88,489 Total 228,032 ETFs distributed to third parties 9,019 ETFs held within IGM managed products 10,225 Total ETFs 19,244 Total Assets under management 271,076 Other assets under advisement 17,350 Assets under management and advisement 288,426 1    Excludes sub-advisory to Canada Life and the Wealth Management segment. 2    The figures shown for IG Wealth Management assets under advisement reflect a daily average.  For reference, the simple quarterly average based on month end values is $148,625 million. 3    During August 2025, Mackenzie onboarded $445 million in previously announced awards from two institutional clients. Glossary of Terms Assets Under Management and Advisement (AUM&A) represents the consolidated AUM and AUA of IGM Financial's core businesses IG Wealth Management and Mackenzie Investments. In the Wealth Management segment, AUM is a component part of AUA. All instances where the asset management segment is providing investment management services or distributing its products through the Wealth Management segment are eliminated in our reporting such that there is no double-counting of the same client savings held at IGM Financial's core businesses. AUM&A excludes Investment Planning Counsel's (IPC's) AUM, AUA, sales, redemptions and net flows which have been disclosed as Discontinued operations. Assets Under Advisement (AUA) are the key driver of the Wealth Management segment. AUA are savings and investment products held within client accounts of our Wealth Management segment core businesses. Assets Under Management (AUM) are the key driver of the Asset Management segment. AUM are a secondary driver of revenues and expenses within the Wealth Management segment in relation to its investment management activities. AUM are client assets where we provide investment management services and include investment funds where we are the fund manager, investment advisory mandates to institutions, and other client accounts where we have discretionary portfolio management responsibilities. Mutual fund gross sales and net sales reflect the results of the mutual funds managed by the respective operating companies, and in the case of the Wealth Management segment also include other discretionary portfolio management services provided by the operating companies, including separately managed account programs. ETF's represent exchange traded funds managed by Mackenzie. Institutional SMA represents investment advisory and sub-advisory mandates to institutional investors, pension plans and foundations through separately managed accounts. Other net flows and Other assets under advisement represents financial savings products held within client accounts in the Wealth Management segment that are not invested in products or programs where these operating companies perform investment management activities. These savings products include investment funds managed by third parties, direct investment in equity and fixed income securities and deposit products. Net flows represent the total net contributions, in cash or in kind, to client accounts at the Wealth Management segment and the overall net sales to the Asset Management segment. Wealth Management – Reflects the activities of operating companies primarily focused on providing financial planning and related services to Canadian households and represents the operations of IGWM. IGWM is a retail distribution organization that serves Canadian households through their securities dealers, mutual fund dealers and other subsidiaries licensed to distribute financial products and services. The majority of the revenues of this segment are derived from providing financial advice and distributing financial products and services to Canadian households. This segment also includes the investment management activities of these organizations, including mutual fund management and discretionary portfolio management services. Asset Management – Reflects the activities of operating companies primarily focused on providing investment management services, and represents the operations of Mackenzie Investments. Investment management services are provided to a suite of investment funds that are distributed through third party dealers and financial advisors, and also through institutional advisory mandates to pension and other institutional investors. ABOUT IGM FINANCIAL INC. IGM Financial Inc. ("IGM", TSX: IGM) is a leading Canadian diversified wealth and asset management organization with approximately $292 billion in total assets under management and advisement as of August 31, 2025. 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 complimented 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 Corporation group of companies. For more information, visit igmfinancial.com SOURCE IGM Financial Inc. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2025/05/c6393.html Contact: For more information contact: Media Relations: Nini Krishnappa, 647-828-2553, [email protected]; Investor Relations: Kyle Martens, 204-777-4888, [email protected]