Mr. Peter Anderson reports

CI FINANCIAL ANNOUNCES ELECTION OF DIRECTORS AND RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

CI Financial Corp. has released the results of matters voted upon at its annual meeting of shareholders held June 18, 2018. Shareholders holding an aggregate of 182,027,670 common shares (68.39 per cent of outstanding shares) were present or represented by proxy at the meeting.

All nominated directors were elected with voting results tabulated as shown in the attached table.

Nominee                     Votes for   % for   Votes withheld  % withheld

Peter W. Anderson         177,778,894  98.20%        3,259,940       1.80%     
William T. Holland        159,121,826  87.89%       21,917,008      12.11%    
Brigette Chang-Addorisio  180,600,701  99.76%          438,133       0.24%     
Sheila A. Murray          175,270,047  96.81%        5,768,787       3.19%     
David P. Miller           178,109,638  98.38%        2,929,196       1.62%     
Stephen T. Moore          178,607,934  98.66%        2,430,900       1.34%     
Tom P. Muir               178,332,874  98.51%        2,705,960       1.49%     
Paul J. Perrow            180,572,550  99.74%          466,284       0.26%     

At the meeting, shareholders also voted: (i) to approve the appointment of Ernst & Young LLP as the auditor of the corporation; and (ii) to accept management's disclosed approach to executive compensation.

Details of each of these matters are set out in the management information circular of the corporation dated May 10, 2018. A report of voting results for each resolution presented at the meeting prepared in accordance with National Instrument 51-102 will be filed under the corporation's profile on SEDAR.

CI Financial is an independent Canadian company offering global asset management and wealth management advisory services. Its primary operating businesses are CI Investments Inc., Sentry Investments Inc., Assante Wealth Management (Canada) Ltd., Stonegate Private Counsel, Grant Samuel Funds Management Pty. Ltd. of Australia, First Asset Investment Management Inc. and BBS Securities Inc.