Ms. Courtney Learmont reports

AGF MANAGEMENT LIMITED DECLARES SECOND QUARTER 2023 DIVIDEND

On June 20, 2023, the board of directors of AGF Management Ltd. declared a dividend of 11 cents per share on both the Class B non-voting shares and the Class A voting common shares of the company. This dividend will be payable on July 19, 2023, to shareholders of record on July 7, 2023.

About AGF Management Ltd.

Founded in 1957, AGF Management is an independent and globally diverse asset management firm delivering excellence in investing in the public and private markets through its three distinct business lines: AGF Investments, AGF Private Capital and AGF Private Wealth.

AGF brings a disciplined approach focused on providing an exceptional client experience and incorporating sound responsible and sustainable practices. The firm's investment solutions, driven by its fundamental, quantitative and private investing capabilities, extend globally to a wide range of clients, from financial advisers and their clients to high-net-worth and institutional investors, including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $41-billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.