Mr. Robert Inglis reports

FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES NOVEMBER AND SPECIAL DIVIDEND PAYMENT

First National Financial Corp. today declared its monthly dividend payment of 20.4167 cents per common share for the period Nov. 1 to Nov. 30, 2023. The dividend will be payable on Dec. 15, 2023, to shareholders of record at the close of business on Nov. 30, 2023.

As previously announced, a special, one-time dividend of 75 cents per common share will also be paid on Dec. 15, 2023, to common shareholders of record on Nov. 30, 2023.

First National, for the purposes of the Income Tax Act (Canada) and any similar provincial legislation, advises that its dividends declared in November, 2023, will be eligible dividends, unless otherwise indicated.

About First National Financial Corp.

First National Financial is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multiunit) and commercial mortgages. With more than $141-billion in mortgages under administration, First National is one of Canada's largest non-bank originator and underwriter of mortgages and is among the top three in market share in the mortgage broker distribution channel.