Ms. Stephanie Lo reports

CLAIRVEST ANNOUNCES ELECTION OF DIRECTORS

All of the nominees listed in Clairvest Group Inc.'s management information circular were elected as directors of Clairvest Group at the company's annual general meeting held on Aug. 10, 2023, in Toronto, Ont., Canada.

Each of the directors were elected by a majority of the votes cast by the shareholders present or represented by proxy. The results of the vote are detailed below:

Nominee                         Vote For  Votes Withheld

John Barnett                  10,064,415            101
Michael Bregman               10,063,961            555
Anne-Mette de Place Filippini 10,064,215            301
Joseph E. Fluet               10,064,115            401
G. John Krediet                9,926,093        138,423
William F. Morneau            10,062,965          1,551
B. Jeffrey Parr                9,926,647        137,869
Kenneth B. Rotman              9,926,747        137,769
Lionel H. Schipper            10,053,615         10,901
Michael Wagman                 9,926,747        137,769
Rick Watkin                    9,915,847        148,669
Peter Zemsky                  10,064,215            301

About Clairvest

Clairvest's mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $4.3 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 64 different platform companies and generated top quartile performance over an extended period.