Ms. Christina Marinoff reports

CANACCORD GENUITY GROUP INC. STATEMENT REGARDING MEDIA COVERAGE

Canaccord Genuity Group Inc. is aware of a recent news article speculating as to a potential transaction involving its U.K. wealth management business.

The company confirms that it routinely evaluates strategic initiatives in consideration of the rights of its strategic and financial minority partner in the U.K. wealth management business aimed at enhancing value for all stakeholders, including its employees and clients. At times, these evaluations involve discussions with potential counterparties; however, there can be no assurance that such discussions will result in any specific outcome.

The company does not intend to make any additional comments with respect to this matter except as required under its regulatory obligations. All shareholders and prospective investors are encouraged to rely solely on information provided directly by the company in its disclosures, which are available on the company website and on SEDAR+.

About Canaccord Genuity Group Inc.

Through its principal subsidiaries, Canaccord Genuity Group is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the company has been driven by an unwavering commitment to building lasting client relationships.

We seek Safe Harbor.