Mr. Joe Racanelli reports

AIMIA DECLARES PREFERRED SHARE DIVIDENDS

Aimia Inc.'s board of directors has declared quarterly dividends on each series of its preferred shares:

• A quarterly dividend in the amount of 30.0125 cents per cumulative rate reset preferred share, Series 1; and

• A quarterly dividend in the amount of 37.5688 cents per cumulative rate reset preferred share, Series 3.

In each case, dividends are payable on March 28, 2024, to the holders of record at the close of business on March 21, 2024.

Dividends paid by Aimia to Canadian residents on its preferred shares are eligible dividends for the purpose of the Income Tax Act (Canada) and any similar applicable provincial legislation.

With respect to any cumulative rate reset preferred shares, Series 3, that remain outstanding on or after April 1, 2024 (March 31, 2024, falling on a Sunday, a non-business day), holders of the Series 3 shares will continue to be entitled to receive fixed, cumulative, preferential cash dividends, payable quarterly, as and when declared by the company's board of directors. The annual dividend rate for the five-year period from and including March 31, 2024, to, but excluding, March 31, 2029, will be 7.773 per cent, being equal to the five-year government of Canada bond yield plus 4.20 per cent, as determined in accordance with the rights, privileges, restrictions and conditions attaching to the Series 3 shares.

About Aimia Inc.

Aimia is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. Aimia targets companies with durable economic advantages evidenced by a record of substantial free cash flow generation over complete business cycles, strong growth prospects and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide. In addition, it seeks investments that may efficiently utilize the company's operating and capital loss carry-forwards to further enhance shareholder value.