Mr. Jason Weyeneth reports

CI FINANCIAL ANNOUNCES DEBENTURE FINANCING TO REFINANCE EXISTING INDEBTEDNESS

CI Financial Corp. has entered into an agreement to sell debentures with an aggregate principal amount of $500-million, carrying an interest rate of 4.75 per cent payable semi-annually and maturing on April 3, 2028. The corporation expects the debentures to be assigned a rating of Baa3 (stable) by Moody's.

The offering is being made under CI Financial's previously filed base shelf prospectus dated Dec. 19, 2024, and is being led by TD Securities Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc. and National Bank Financial Inc. CI Financial intends to use the net proceeds from the sale of the debentures to refinance existing indebtedness, with the rest of the proceeds, if any, to be used for general corporate purposes.

Delivery of the shelf prospectus, the prospectus supplement dated March 26, 2025, and any amendments to the documents will be satisfied in accordance with the access equals delivery provisions of applicable securities legislation. The shelf prospectus and the prospectus supplement are accessible on SEDAR+ under CI Financial's issuer profile. An electronic or paper copy of the shelf prospectus, the prospectus supplement and any amendment to the documents may be obtained, without charge, from TD Securities by phone at 416-982-5676 or by e-mail at TDCAN-Syndicate@tdsecurities.com and from RBC Dominion Securities by phone at 416-842-6311 or by e-mail at torontosyndicate@rbccm.com by providing the contact with an e-mail address or address, as applicable.

The closing of the offering is scheduled for April 1, 2025, and is subject to certain customary conditions.

About CI Financial Corp.

CI Financial is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI Financial has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning and a comprehensive product suite. CI Financial operates in three segments:

• Asset management, which includes CI Global Asset Management, which operates in Canada, and GSFM, which operates in Australia;
• Canadian wealth management, operating as CI Wealth, which includes CI Assante Wealth Management, Aligned Capital Partners, CI Assante Private Client, CI Private Wealth, Northwood Family Office, CI Coriel Capital, CI Direct Investing, CI Direct Trading and CI Investment Services Inc.;
• U.S. wealth management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultrahigh-net-worth and high-net-worth clients across the United States.

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

CI Global Asset Management is a registered business name of CI Investments, a wholly owned subsidiary of CI Financial.

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