Mr. Jason Weyeneth 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 earlier today.

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

At the meeting, shareholders also approved the appointment of Ernst & Young LLP as the auditor of the corporation with 88.71-per-cent support. The vote on the board's disclosed approach to executive compensation carried with 91.38-per-cent support.

Details of each of these matters are set out in the management information circular of the corporation dated May 10, 2023. 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.

About CI Financial Corp.

CI is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning and a comprehensive product suite. CI manages and advises on approximately $400.9-billion in client assets as at May 31, 2023.

CI operates in three segments:

• Asset management, which includes CI Global Asset Management, which operates in Canada, and GSFM Pty. Ltd., which operates in Australia;
• Canadian wealth management, which includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth (Canada), Northwood Family Office, CI Direct Investing and CI Investment Services;
• U.S. wealth management, which includes CI Private Wealth (U.S.), an integrated wealth management firm providing comprehensive solutions to ultrahigh-net-worth and high-net-worth clients across the United States.

CI is headquartered in Toronto and listed on the Toronto Stock Exchange.