Guardian Capital Group Limited Obtains Final Court Approval for Plan of Arrangement

Executive Summary

• Guardian Capital Group Limited obtained final court approval for its previously‑announced arrangement under which Desjardins Global Asset Management Inc. will acquire all outstanding common and Class A shares (except rollover shares) at C$68.00 per share in cash.
• The arrangement was approved by shareholders at a special meeting on October 23, 2025 and is now pending regulatory approvals and other closing conditions, with anticipated completion in the first half of 2026.

Key Details

• Court Order: Ontario Superior Court of Justice (Commercial List) issued final order approving the Arrangement.
• Purchase Price: C$68.00 per share in cash for all issued and outstanding common and Class A shares, excluding rollover shares held by specified shareholders.
• Purchaser: Desjardins Global Asset Management Inc., an affiliate of Desjardins Group.
• Shareholder Approval: Special resolution passed overwhelmingly at the special meeting on October 23, 2025.
• Closing Conditions: Subject to receipt/waiver of regulatory approvals (including Competition Act) and satisfaction of other conditions in the Arrangement Agreement dated August 28, 2025 (as amended).
• Anticipated Closing: Expected in the first half of 2026, contingent on regulatory approvals and fulfillment of remaining conditions.
• Rollover Agreements: Certain shareholders will retain shares through equity rollover agreements; these shares are excluded from the cash purchase.

Notable Quotes

(No direct quotes were provided in the release.)