Ms. Christina Marinoff reports

CANACCORD GENUITY GROUP INC. ANNOUNCES DIVIDEND RATES ON CUMULATIVE 5-YEAR RATE RESET FIRST PREFERRED SHARES, SERIES A AND CUMULATIVE FLOATING RATE FIRST PREFERRED SHARES, SERIES B

Canaccord Genuity Group Inc. has released the applicable dividend rates for its cumulative five-year rate-reset first preferred shares, Series A, and its cumulative floating-rate first preferred shares, Series B, further to the press release dated Aug. 12, 2016, announcing that it does not intend to exercise its right to redeem all or any part of the currently outstanding Series A preferred shares, and, subject to certain conditions, the holders of the Series A preferred shares have the right to convert all or any part of their Series A preferred shares into Series B preferred shares on a one-for-one basis.

With respect to any Series A preferred shares that remain outstanding after Sept. 30, 2016, holders thereof will be entitled to receive quarterly fixed, cumulative, preferential cash dividends, if, as and when declared by the board of directors of the company, subject to the provisions of the Business Corporations Act (British Columbia). The dividend rate for the five-year period commencing on Oct. 1, 2016, and ending on and including Sept. 30, 2021, will be 3.885 per cent per annum, being equal to the sum of the five-year government of Canada bond yield determined as of today, plus 3.21 per cent, in accordance with the terms of the Series A preferred shares.

With respect to any Series B preferred shares that may be issued on Sept. 30, 2016, holders thereof will be entitled to receive quarterly floating-rate, cumulative, preferential cash dividends, if, as and when declared by the board of directors of the company, subject to the provisions of the Business Corporations Act (British Columbia). The dividend rate for the three-month period commencing on Oct. 1, 2016, and ending on and including Dec. 31, 2016, will be 3.722 per cent per annum, being equal to the sum of the three-month government of Canada treasury bill yield determined as of today, plus 3.21 per cent (calculated on the basis of the actual number of days elapsed during such quarterly period divided by 365), in accordance with the terms of the Series B preferred shares. The quarterly floating dividend rate will be reset every quarter.

Beneficial owners of Series A preferred shares who wish to exercise their conversion right should communicate as soon as possible with their broker or other nominee to ensure their instructions are followed for exercising such right on or prior to the deadline for exercise, which is 5 p.m. (Toronto time) on Sept. 15, 2016.

We seek Safe Harbor.